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The cost of solar panels per watt is a little pricey these days at $3.66 per watt. However, it is being said that this price will drop to $2.14 per watt by 2010. The thin film PV is also going to be dropping from $2.96 down to $1.81. These figures are great due to the fact that it should entice more people to install solar panels in their homes and businesses to save on electricity.