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How much does it cost to install a solar panel system ?
The cost of installing a solar panel system varies depending on the size, type of panels used, and installation location. Small residential systems typically range from $15,000 to $25,000 before tax credits or incentives, while medium to large residential systems can cost between $25,000 to $40,000. Commercial systems can vary greatly in size and cost. Monocrystalline silicon panels are the most efficient and expensive option, while thin-film solar panels are the least expensive but also less efficient. Rooftop installations are generally more expensive than ground-mounted installations. Additional costs include inverters, batteries, and installation fees. It is important to consult with a reputable solar installer for an accurate estimate based on specific needs and circumstances.