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Average Solar System Cost
According to two sources, evo.com and solarpowerauthority.com, the average cost of a photovoltaic solar panel system is between $35,000 for a 5 kW system to $72,000 for an 8 kW system. This is the price of a raw photovoltaic solar panel system, it does not take into account the government rebates, which can eliminate up to 50% of the cost of a photovoltaic solar panel system. The price also depends on whether or not one install his/her own photovoltaic solar panel system. The average cost is $9/watt if one uses a quality contractor and $7 if one self-installs the solar system using a solar installation kit.