Solar Panel Cost Guide in Asbury, IA (2024 Update)

  • Asbury Solar Installation Cost: $27,379
  • 25-Year Savings: $30,497
  • Payback Period: 13.9 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Asbury

Here’s how much it might cost to install solar panels in Asbury.

The average cost of a solar panel system in Asbury is 4 per watt.The average solar panel system size in Asbury is around 9.8 kilowatts, meaning a cost of about $27,379 for a solar installation, or $39,152 before the 0 federal solar tax credit is applied.

These figures are just averages, and your own solar costs will most likely look different based on factors unique to your home and what company you want to go with.For many homeowners, the upfront investment in solar power is worth paying. On average you could be looking at about $19,000 in savings on utility bills over 20 years.

To get a free quote from a pre-vetted solar company in Asbury, you can click the button below.

Solar savings over time in Asbury

Year Return on Investment
1 years $-25,662
3 years $-22,229
5 years $-18,796
7 years $-15,363
9 years $-11,930
11 years $-8,497
13 years $-5,064
15 years $-1,631
17 years $1,802
19 years $5,235
21 years $8,668
23 years $12,101
25 years $15,534

Top Solar Installers in Asbury

Installing solar panels on your own can be a dangerous project, which is why hiring a solar installation company is a good option for many homeowners. Plus, warranties and repairs from your solar panel installer can protect your investment and lower the cost of maintenance over time.

Working with a vetted solar company can make going solar easier. Here are our recommendations:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

Tesla Energy

★★★★★
3.2

  • 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

See all of the solar companies in Asbury

Factors that Affect Solar Panel Costs in Asbury

Cost is typically one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that will push your cost above or below the average in Asbury: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.

Solar Equipment

One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay around $4,010 per kilowatt in Asbury.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Asbury, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are available from most installers in Asbury, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more affordable.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay back the loan.

Solar Panel Installation Company

The solar company you choose to handle your switch to renewable energy can play a part in your total costs. There are about 3 solar panel companies in Asbury, and each can charge different amounts for labor and equipment.Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle charger installation, they might be cheaper overall.

Solar Panel Cost Data by System Size

System size Cost per system watt Solar system cost 25-Year savings Payback period
6 kW $4.17 $17,516 $12,879 14.4 years
8 kW $4.09 $22,905 $17,620 14.1 years
10 kW $4.01 $28,070 $22,587 13.9 years
12 kW $3.93 $33,010 $27,778 13.6 years
14 kW $3.85 $37,726 $33,194 13.3 years
16 kW $3.77 $42,217 $38,834 13.0 years
18 kW $3.69 $46,484 $44,699 12.7 years
20 kW $3.61 $50,526 $50,788 12.5 years

How to Save on Solar Panels

There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:

  • Contract: When looking over your solar company’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios like a system part breaking or the company going out of business.
  • Installation Process: Make sure you’re aligned with the installer regarding how the installation process will go and what you need to do before your solar panels are installed, such as updating your electrical system or roof.
  • Solar Panel Brands: The brand of solar panel you’d like to install plays a role in which installer you should go with, since different companies provide different panels.
  • Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

Tesla Energy

★★★★★
3.2

  • 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

EcoWatch's Asbury, IA Solar Cost FAQs

How much does it cost to install solar panels in Asbury?

The average cost of solar panels in Asbury is about $20,050 for a 5-kW system and $40,100 for a 10-kW system before the ITC, but the real cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you use.

Can you get solar panels for free in Asbury?

You can’t get solar panels for free in Asbury. 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’d prefer to own your solar panels, you can finance them with a solar loan.

Do solar panels increase your property value?

Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Asbury is currently $343,148, which means you can look forward to a value of about $14,069 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Asbury is a rewarding investment.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.

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.

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