Is $53,000 to install a solar panel and battery storage system a fair price?
Project Details
I am currently comparing quotes for a solar panel and battery storage system. My average energy bill is $190/month, with expected rate increases of 11% this year and at least 15% next year. My annual usage is about 11,000 kWh, and my electric company uses Time-of-Use (TOU) rates. My home is a new build, certified high energy efficiency. I'm finding inconsistencies across quotes, with other companies offering similar systems around $45,000 but with varying components. I'm struggling to understand why this quote, from the company I prefer, is significantly higher than others I've seen. I'm concerned about 'last chance' pricing and am considering delaying the project. I've also noted that two companies are quoting $21,000 just for the Franklin aPower2 battery, which seems like a hefty markup. The company justified their higher price by claiming they are the only ones who haven't caused roof leaks.
Quote Details
This quote is for the installation of a solar panel and battery storage system, including the following components: - Solar Panels: 21 REC450AA panels - Inverters: 21 IQ8X-80-M-US inverters - Battery Storage: Franklin aPower2 15kWh battery
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More Details
Category
Solar
Price
$53,000
Quote Date
July 18, 2025
Battery Storage?
No
# of Panels
21
System Size (kW)
9.45
Warranty (yrs)
25
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