Solar Panel Cost Guide in Anamosa, IA (2023 Update)
- Anamosa Solar Installation Cost: $18,847
- 25-Year Savings: $28,488
- Payback Period: 10.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Anamosa
We go over average solar pricing in Anamosa.
In Anamosa, solar panels cost about 2.77 per watt on average. The average Anamosa homeowner needs a 9.7-kilowatt system, which would cost about $18,847 with the federal tax credit, or $26,951 before the 30% tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may look quite different based on your household energy needs, the type of equipment you want, your solar contractor and more. But, after you've paid the upfront cost of installation, the return on investment for most homeowners is usually rewarding, with a net average savings of about $19,000 over 20 years on electricity bills.
Click the button below to get connected to a vetted solar company in Anamosa for a customized quote.
Solar savings over time in Anamosa
| Year | Return on Investment |
|---|---|
| 1 years | $-16,954 |
| 3 years | $-13,167 |
| 5 years | $-9,380 |
| 7 years | $-5,593 |
| 9 years | $-1,807 |
| 11 years | $1,980 |
| 13 years | $5,767 |
| 15 years | $9,554 |
| 17 years | $13,341 |
| 19 years | $17,127 |
| 21 years | $20,914 |
| 23 years | $24,701 |
| 25 years | $28,488 |
Top Solar Installers in Anamosa
Although you can install solar panels on your own, it requires extra effort and know-how. Because of that, most homeowners choose a solar panel installer. Some solar companies, particularly local ones, can help you make the most of incentives in Anamosa, thereby optimizing your ROI.
Working with a professional solar company can make going solar easier. Here are our recommendations:
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Anamosa
Factors that Affect Solar Panel Costs in Anamosa
There are a number of factors that can affect your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend around $2,770 per kilowatt in Anamosa. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your power bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the Anamosa average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are provided by most installers in Anamosa, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable. You'll have to consider the long-term cost of loans, including the amount of 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 more than the original cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The solar company you choose will impact your total cost to go solar. Different companies will bill different amounts for the equipment and labor. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and decide on the company that provides the products, warranties and services you want and also is within your budget.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.88 | $12,099 | $17,122 | 10.4 years |
| 8 kW | $2.83 | $15,822 | $23,140 | 10.2 years |
| 10 kW | $2.77 | $19,390 | $29,313 | 10.0 years |
| 12 kW | $2.71 | $22,803 | $35,641 | 9.8 years |
| 14 kW | $2.66 | $26,060 | $42,124 | 9.6 years |
| 16 kW | $2.60 | $29,163 | $48,762 | 9.4 years |
| 18 kW | $2.55 | $32,110 | $55,555 | 9.2 years |
| 20 kW | $2.49 | $34,902 | $62,503 | 9.0 years |
How to Save on Solar Panels
The solar panel company you choose will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should take into account, such as:
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years in most cases provide good-quality solar panel installation and expertise.
- Solar Panel Brands: The brand of solar panel you'd like plays a role in which company you should opt for, since different companies offer different panels.
- Warranty: If you care about the endurance of your solar panel system, ensuring your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Anamosa, IA Solar Cost FAQs
How much does it cost to install solar panels in Anamosa?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $13,850 for a 5-kW system and $27,700 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Anamosa?
You can't get solar panels for free in Anamosa. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
How much can I save on power bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $974.05 per year.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide to replace them after having them for that long or you can continue to use them at a lower efficiency.
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.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.