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Top Solar Installers in Eagle
Many homeowners opt for a solar installer since trying to install solar panels by yourself can be a lot of work. Companies can also offer access to various kinds of the best solar panels and help you decide which one will be right for your home.
If you're searching for a solar company in Eagle, the EcoWatch team has compiled a list of our top suggestions here:
See all of the solar companies in Eagle
Factors that Affect Solar Panel Costs in Eagle
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that determine your overall cost in Eagle: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
When it comes to estimating the cost of solar panels in Eagle, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy consumption, which you can determine by looking at past power bills. Your overall cost can increase by about $2,690 for each additional kilowatt you need. The model of solar panels and equipment you choose is another factor that will significantly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. Moreover, solar equipment goes beyond just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that's in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Eagle to be too steep, even if the investment pays off over time. Fortunately, almost every solar company in the area offers financing options. Solar loans substantially decrease upfront costs in most cases, but they also result in higher prices over time because of interest. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Eagle, and each can charge varying amounts for labor and equipment. Additionally, some companies in Eagle have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
Solar Panel Cost Data by System Size
|System size||Cost per system watt||Solar system cost||25-Year savings||Payback period|
|6 kW||$2.80||$11,750||$16,801||10.3 years|
|8 kW||$2.74||$15,365||$22,702||10.1 years|
|10 kW||$2.69||$18,830||$28,754||9.9 years|
|12 kW||$2.64||$22,144||$34,957||9.7 years|
|14 kW||$2.58||$25,308||$41,311||9.5 years|
|16 kW||$2.53||$28,320||$47,815||9.3 years|
|18 kW||$2.47||$31,182||$54,469||9.1 years|
|20 kW||$2.42||$33,894||$61,275||8.9 years|
How to Save on Solar Panels
Since the kind of solar panels and the installer you choose significantly impacts your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the best you can get in the business, and offering such a warranty is one indication of a good company.
- Contract: Review the contract terms closely to make sure you understand the total cost, project completion timeline incentives and warranties.
- Solar Panel Brands: The model of solar panel you need to get plays a part in which installer you should choose, since different companies have different panels.
- Installation Process: Make sure you're aligned with the installer regarding how the installation process will go and what needs to be done before your solar system is installed, such as updating your electrical system or roof.
EcoWatch's Eagle, CO Solar Cost FAQs
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.