Industrial and commercial solar module prices

How much do commercial solar panels cost?

Commercial solar panels cost $2.50 to $3.50 per watt installed before incentives. With tax credits and other incentives, solar panels for commercial buildings cost $1.20 to $1.75 per watt, depending on the location, size, and complexity. Saving up to 75% on electricity helps offset the commercial solar installation costs.

What are commercial solar panels?

Commercial solar panels are photovoltaic systems installed on business properties to generate electricity or heat. Unlike residential panels, commercial systems tend to be larger, with capacities ranging from tens of kilowatts (kW) to several megawatts (MW).

How much does solar cost per watt?

Let's explore the cost per watt, national averages, and the overall cost breakdown. The cost per watt is a standard metric for estimating solar panel costs. For commercial systems, the price typically ranges between $1.66 and $2.00 per watt. This is significantly lower than residential solar costs, thanks to economies of scale.

How much does a solar panel cost in 2025?

HBOWA residential solar panel systems come with integrated LiFePO₄ storage, offering homeowners access to backup power and long-term reliability. The commercial photovoltaic panels price per watt in 2025 is considerably less per watt than those for residential projects. It averages out to be $1.80 to $2.60/W.