chippyo

Is $30,730 to install a solar panel system a fair price?

Project Details

I'm adding an oven and washer/dryer downstairs next month, which is why the system is sized for 115% of our current use. The quote is for $30,730 pre-tax credit with a 3.99% financing rate. I'm looking for opinions on whether this price is fair.

Quote Details

Installation of a solar panel system with the following specifications: - System Size: 7.6 kW - Number of Panels: 19 - Panel Make/Model: Tier 1 Solar Panel 400 Watt Blade - Inverters: Enphase IQ8+ micro inverters (one per panel) - Estimated First-Year Energy Production: 10,839 kWh - Estimated Annual Energy Production Degradation: 0.05% - Panel Positioning: Back of home, South & East facing - System Offset: Designed to cover 115% of current energy use - Cost per Watt: $2.90/watt

Thank you for your feedback!

You say...

?
How would you rate this quote?
TooCheap
GoodDeal
FairPrice
BitPricey
Ripoff

Vote Distribution

Too Cheap0 votes
Good Deal0 votes
Fair Price0 votes
Bit Pricey0 votes
Ripoff1 votes

These ratings are not endorsed by Quote Critic. They are submitted by other Quote Critic users like you.

More Details

Category

Solar

Price

$30,730

Quote Date

July 17, 2025

# of Panels

19

System Size (kW)

7.6

Comments

No comments yet

Sign in to share your thoughts and ask questions.

Similar Quotes

install a solar panel system
Solar
$21,865
Jun 18, 2025

Install a solar panel system

This quote is for the installation of a solar panel system with a gross project value of $32,663.68, reduced to $21,864.58 after federal and state tax credits. The system is designed to cover 149% of annual utility usage (though the homeowner notes this is closer to 120% of actual usage). - Solar Panels: 21 REC460AA panels - Inverters: Enphase IQ8X - System Size (DC): 9.66 kW - System Size (AC): 8.064 kW - Year 1 Production: 10,136 kWh - Annual Usage: 6,809 kWh - Array 1: 10 panels, 4,600 W, 5,113 kWh production - Array 2: 11 panels, 5,060 W, 5,023 kWh production - Included: Critter Guard - Warranty: Solar Insure 30-year warranty - Federal Tax Credit: -$9,799.10 - State Tax Credit: -$1,000.00

1 rating
Solar
$34,272
Jul 20, 2025

Install a solar panel system

This quote is for a solar panel system installation with a 11.455 kW capacity. The system includes 29 REC395AA PURE BLACK panels and 29 IQ8PLUS-72-2-US [240V] inverters. It is estimated to produce 17,407 kWh in the first year, offsetting 118% of consumption. The quote also includes comprehensive warranties and system monitoring. A loan option is available for the gross cost. - System Size: 11.455 kW - Panels: 29x REC395AA PURE BLACK - Inverters: 29x IQ8PLUS-72-2-US [240V] - Estimated First Year Production: 17,407 kWh - Consumption Offset: 118% - Workmanship Warranty: PES 25 Year - Roof Penetration Warranty: PES 25 Year - Monitoring: Online System Monitoring - Additional Service: AeroSEAL (ONE Unit) - Gross Cost: $48,959.58 - Discounts & Rebates: -$0.00 - Federal Tax Credit: Residential Renewable Energy Tax Credit - 30% (-$14,687.87) - Loan Option: Available for $48,959.58 at 3.99% APR over 25 years

1 rating
Solar
$75,072
Jun 26, 2025

Install a solar panel system

This quote is for the installation of a solar panel system with the following specifications and benefits: - System Size: 27.6 kW - Annual Production: 27,844 kWh - Estimated Annual Savings: $6,431.29 - Available Incentives: $56,925.76 - Number of Solar Panels: 60 - Yearly Energy Produced: 27,844 kWh - Energy Offset: 101% - Modules: 60 x REC460AA Pure-RX - Inverters: 60 x IQ8X-80-M-US (240V) from Enphase Energy Inc.

1 rating