Solar Panel Cost Guide in Bondurant, IA (2024 Update)
- Bondurant Solar Installation Cost: $26,849
- 25-Year Savings: $24,307
- Payback Period: 15.7 Years
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Average Cost of Solar Panels in Bondurant
Find out what the average cost of a solar system is in Bondurant.
The average cost of a solar panel system in Bondurant is 4 per watt.Using this figure, a typical 9.6-kW system would cost about $26,849 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy needs, the type of equipment you want to get, your solar contractor and more.For many homeowners, the upfront investment in solar is worth paying. On average homeowners in Bondurant see about $17,000 in savings on utility bills over 20 years.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Bondurant
| Year | Return on Investment |
|---|---|
| 1 years | $-25,781 |
| 3 years | $-23,646 |
| 5 years | $-21,510 |
| 7 years | $-19,374 |
| 9 years | $-17,238 |
| 11 years | $-15,103 |
| 13 years | $-12,967 |
| 15 years | $-10,831 |
| 17 years | $-8,695 |
| 19 years | $-6,559 |
| 21 years | $-4,424 |
| 23 years | $-2,288 |
| 25 years | $-152 |
Top Solar Installers in Bondurant
Many homeowners decide to hire a solar installation company since figuring out how to install solar panels yourself can be hard. The payback period on an investment in solar panels will vary depending on factors like your roof configuration and energy use, but going with a solar company can shorten it. Your provider will be able to help you identify incentives available in your area.
If you're looking for a solar company in Bondurant, the EcoWatch team has put together a list of our top suggestions here:
Best National Provider
SunPower
- 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
- 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
For many Bondurant homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Bondurant, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $4,010. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Bondurant, 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
Many homeowners find the average cost of solar in Bondurant to be prohibitively costly, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides access to financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also result in higher prices over time due to interest.However, the interest on solar loans also increases your total costs, so it’s important to include that in your estimate as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Bondurant is the company you hire to install your solar panel system. As with choosing a company to renovate your kitchen, for example, there’s no shortage of solar installers that provide a range of services for different budgets.The company’s size can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.
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 | $9,365 | 16.3 years |
| 8 kW | $4.09 | $22,905 | $12,936 | 16.0 years |
| 10 kW | $4.01 | $28,070 | $16,732 | 15.7 years |
| 12 kW | $3.93 | $33,010 | $20,752 | 15.4 years |
| 14 kW | $3.85 | $37,726 | $24,997 | 15.0 years |
| 16 kW | $3.77 | $42,217 | $29,466 | 14.7 years |
| 18 kW | $3.69 | $46,484 | $34,160 | 14.4 years |
| 20 kW | $3.61 | $50,526 | $39,078 | 14.1 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 select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Different companies will have various brands and types of panels. If you know you want a specific brand, make sure the solar installer you’re considering has it.
- Contract: Even though reading through a contract can take a lot of time, it’s important to do it carefully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
- Warranty: Many companies offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
Best National Provider
SunPower
- 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
- 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?
The average cost of solar panels in Bondurant is about $20,050 for a 5-kW system and $40,100 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Bondurant?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future electricity bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of 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 buy between 20 and 35 panels to cover 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.