Solar power offers a clean, viable alternative to fossil-based fuels . It's also become increasingly affordable. Decreasing solar panel costs combined with government incentives such as tax credits and subsidies have helped to make solar power more accessible for homeowners and businesses.
According to the US Energy Information Administraton (EIA), as of 2022, 3.7% of single-family homes and 1.6% of commercial buildings had installed solar systems.
As of 2023, the average cost of a solar energy system in the United States is $2.86 per watt. It costs an average of $17,160 dollars for a 6Kw energy system without the Federal Investment Tax Credit (ITC).
However, with rebates and incentives like the Federal Solar Tax Credit, a 6kw solar energy system (equipped with solar batteries) in the United States costs $12,012 on average.