Solar Panel Cost Guide in Bondurant, IA (2023 Update)
- Bondurant Solar Installation Cost: $18,556
- 25-Year Savings: $24,298
- Payback Period: 10.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Bondurant
Let's take a look at the average cost of solar panels in Bondurant.
While the national average of solar panels is $2.66 per watt, solar panels in Bondurant generally cost around 2.77. To account for the typical energy needs of the average home in Bondurant, most homeowners require a 9.6-kilowatt system. Using the per-watt figure above, a solar installation costs about $18,556, or $26,535 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of going solar can vary quite a bit depending on several factors, such as how many panels you need, your energy consumption and what installation company you go with. For most homeowners, the upfront cost of solar panels is worth paying. On average Bondurant homeowners see about $17,000 in savings on electricity bills over 20 years.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Bondurant
| Year | Return on Investment |
|---|---|
| 1 years | $-16,842 |
| 3 years | $-13,414 |
| 5 years | $-9,985 |
| 7 years | $-6,557 |
| 9 years | $-3,129 |
| 11 years | $300 |
| 13 years | $3,728 |
| 15 years | $7,156 |
| 17 years | $10,584 |
| 19 years | $14,013 |
| 21 years | $17,441 |
| 23 years | $20,869 |
| 25 years | $24,298 |
Top Solar Installers in Bondurant
Many homeowners decide to use a solar panel company since figuring out how to install solar panels on your own can be a lot of work. Another perk of utilizing a solar company is that they can help you optimize your investment by lowering your future costs of repairs and replacements with the help of warranties and helping you learn about local incentives you can take advantage of.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some in Bondurant:
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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
See all of the solar companies in Bondurant
Factors that Affect Solar Panel Costs in Bondurant
There are several criteria that can influence your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,770. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Bondurant, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. 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 Bondurant, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also adds to your overall costs, so it's vital to keep that in mind as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Bondurant is the company you get to install your solar system. As with choosing a company to build a deck or pool, for example, there's no shortage of solar installers that provide a range of services at different price points. 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 cost more. It's best to do some research and choose a 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 | $14,782 | 11.3 years |
| 8 kW | $2.83 | $15,822 | $20,019 | 11.0 years |
| 10 kW | $2.77 | $19,390 | $25,412 | 10.8 years |
| 12 kW | $2.71 | $22,803 | $30,960 | 10.6 years |
| 14 kW | $2.66 | $26,060 | $36,663 | 10.4 years |
| 16 kW | $2.60 | $29,163 | $42,521 | 10.2 years |
| 18 kW | $2.55 | $32,110 | $48,534 | 10.0 years |
| 20 kW | $2.49 | $34,902 | $54,702 | 9.7 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 brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running for years to come and save you money on part replacement and repairs.
- Reputation: Well-established companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: Different companies will have different brands and kinds of panels. If you prefer a specific brand, make sure the solar panel installer you're considering has it.
- 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 such as a system component breaking or the company going out of business.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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
EcoWatch's Bondurant, IA Solar Cost FAQs
How much does it cost to install solar panels in Bondurant?
This is a tough question to answer precisely, because the cost depends on a few different 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 above-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Are solar panels free in Bondurant?
You can't get solar panels for free in Bondurant. 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 rather own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Bondurant?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely 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 keep using 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.