Solar Panel Cost Calculator

Use these step-by-step formulas to estimate your 2026 solar system size and cost before you ever talk to a salesperson. Five minutes of math saves you from sticker shock — and from inflated proposals that still claim a federal tax credit that no longer exists.

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⚠️ 2026 update: The 30% federal Residential Clean Energy Credit (Section 25D) expired December 31, 2025. The calculations below reflect the 2026 reality: no federal credit on cash or loan purchases. State and utility incentives still apply. See tax credit status.

Step 1: Find your annual kWh usage

Look at the last 12 months of utility bills and add up the total kWh used. Most U.S. homes use 10,000–14,000 kWh per year. If you only have one bill handy, multiply your monthly kWh by 12 (this overcounts in winter, undercounts in summer, but works as an estimate).

Step 2: Calculate the system size you need

System size (kW) = Annual kWh ÷ Local production factor

Production factor depends on where you live:

RegionProduction factor (kWh/kW/yr)
Southwest (AZ, NV, NM)1,600
California, Texas, Florida1,500
Mid-Atlantic, Midwest1,300
Northeast, Pacific Northwest1,150

Example: 12,000 kWh ÷ 1,300 = 9.2 kW system. See our sizing guide for adjustments.

Step 3: Estimate gross cost

Gross cost = System size (watts) × $/W

Use $3.00/W as a national average for cash. For our 9.2 kW example: 9,200 watts × $3.00 = $27,600. See $/W ranges for your region.

Step 4: Subtract state and utility incentives (federal credit no longer applies)

For cash and loan purchases in 2026, there is no federal tax credit. The previously-available 30% Residential Clean Energy Credit expired December 31, 2025. State and utility incentives still apply and vary widely:

See state rebates by state for full list. For our $27,600 example with no state incentives, net cost is $27,600.

Step 5: Estimate annual savings

Annual savings = Annual production × utility rate

For a 9.2 kW system at 1,300 kWh/kW: 11,960 kWh/year. At $0.15/kWh: $1,794/year saved. See payback period to convert savings into payback years.

Step 6: Calculate payback

Payback = Net cost ÷ Annual savings

$27,600 ÷ $1,794 = 15.4 years in our example (national average). Higher utility rates and state incentives shrink this significantly. Hawaii, California, and the Northeast see 7–11 year paybacks; low-rate states see 17–22 years.

Sample 2026 calculations by home size

Home sizeAnnual kWhSystem sizeGross costNet (no fed credit)
Small (1,500 sqft)8,0006.2 kW$18,600$18,600
Medium (2,200 sqft)11,0008.5 kW$25,500$25,500
Large (3,000 sqft)15,00011.5 kW$34,500$34,500
XL (4,000+ sqft)20,000+15+ kW$45,000+$45,000+

(Assumes $3.00/W, 1,300 kWh/kW production factor, no state incentives. Add state credits/rebates separately.)

⚠️ Reality check: If a 2026 solar quote subtracts a "30% federal tax credit" from your net cost, the math is wrong. That credit no longer exists for homeowner-owned systems. Push back hard — and consider getting a different bid.

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Frequently asked questions

Is this calculator accurate for 2026?

Yes. It reflects the post-tax-credit reality: no federal credit on cash/loan purchases. Final pricing depends on your roof complexity and installer pricing, but this gets you within ±15%.

Should I size to 100% of my usage?

Most homeowners size to 90–110% of usage. Going higher rarely pays off because excess production is often credited at wholesale rates. See our offset guide.

Does this include batteries?

No. Battery storage adds $10,000–$15,000 for a typical 10 kWh battery, depending on brand.

Are leases cheaper now that they keep the federal incentive?

Sometimes monthly payments are competitive, but you don't own the system. Lifetime savings are still lower than cash. See our financing guide.