Solar · unit rate

Solar panel cost per watt

DOE’s certified PV-only residential rates are $2.78 per watt (2024 USD) at the low (MSP) and $2.95 per watt (2024 USD) typical (MMP). There is no certified high dollars-per-watt figure.

Source year. Based on the same DOE / NREL Q1 2025 photovoltaic benchmark, reported in 2024 dollars.

Geographic scope. United States national modelled benchmark.

Model scope. Unit-rate page only. It does not restate an 8 kW project total except as a link to the installation page.

Important limitation. A dollars-per-watt rate is not an installer quote, and it is not a 2026 market price.

Certified benchmark values

Certified 2024 USD figures for this page. Missing bands are unpublished, not estimated.
BandValue
unit cost$2.78 per watt (2024 USD)
unit cost$2.95 per watt (2024 USD)

No extra inputs

This page is a static certified benchmark. Adding location or complexity sliders would invent multipliers that are not certified.

What this estimate includes

What moves the number

Methodology and sources

Primary source: Q1-2025 Solar Photovoltaic System Cost Benchmarks.

Limitations

Questions this evidence can answer

How is this different from the installation page?

This page answers dollars per watt. The installation page answers a whole-system total using the DOE 8 kW example.