What is the cost of a solar inverter?

A solar inverter is a critical component of every solar system and costs between $1,000 and $1,500 for a medium-sized installation. Our list of the best inverters highlights cost, size options, warranty, and efficiency levels. Ready to go solar? Call 877-307-7668 to be connected with a solar expert today!

How much does a 5000 watt solar system cost?

A fully installed solar system typically costs $3 to $5 per watt before incentives like the 30% tax credit are applied. Using this measurement, 5,000 Watt solar system (5 kW) would have a gross cost between $15,00 and $25,000. The price per watt for larger and relatively straightforward projects are often within the $3-$4 range.

What is the best solar inverter?

The best solar inverter depends on your solar-panel system's size and location. String inverters are affordable, efficient, and common for residential solar systems. However, microinverters converting power on each individual panel may be better if some of your panels get shade for part of the day.

How many kilowatts is a solar inverter?

Most string inverters range between 3 and 7 kilowatts (kW). A typical residential solar panel system in the U.S. is 5 kilowatts. Warranty: Many manufacturers offer product warranties on solar inverters. The industry standard for a solar inverter warranty is 5–10 years.

What size solar inverter do I Need?

The size of the solar inverter you need will depend on the overall size of your solar panel system. For a typical residential solar panel system in the U.S., which is 5 kilowatts, most string inverters range between 3 and 7 kilowatts (kW).

Are solar inverter costs tax deductible?

Going solar has become increasingly popular in recent years due to its many economic benefits. One of the most significant is the federal tax credit for solar inverter costs, which allows homeowners who install solar energy systems to claim up to 30% of their installation solar inverter costs as a tax deduction on their next filing.