Conclusion
The proliferation of residential solar companies is not just an environmental win; it also has significant economic benefits. The solar industry creates jobs in manufacturing, installation, and maintenance. According to the Solar Foundation's National Solar Jobs Census, job growth in the solar sector has consistently outpaced that in other energy sectors. As the demand for solar energy increases, so does labor demand, providing numerous employment opportunities and stimulating local economies.
As of 2023, the average cost of solar panels can range from $0.70 to $1.50 per watt, depending on the factors mentioned above. For a 2000 watt solar panel system, the raw cost for the panels alone might range from $1,400 to $3,000. Adding installation, which can range from $1,000 to $5,000, the total system cost could fluctuate between $2,400 and $8,000 or more.
Conclusion