Solar Panel Cost Guide in Camanche, IA (2024 Update)
- Camanche Solar Installation Cost: $27,196
- 25-Year Savings: $27,646
- Payback Period: 14.6 Years
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Average Cost of Solar Panels in Camanche
Here’s how much it might cost to make the switch to solar in Camanche.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Camanche, the typical cost of a solar system is 4 per watt.To account for the typical energy needs of the average home in Camanche, most homeowners require a 9.7-kilowatt system. Using the figure above, a solar installation costs around $27,196, or $38,890 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The exact cost of installing solar panels can vary quite a bit based on a few factors, such as how many panels you need, your energy usage and what installation company you go with.Many homeowners find going solar is a fruitful investment. The average homeowner in Camanche can save around $18,000 on their power bills over 20 years.
Click the button below to get connected to a top solar panel company in Camanche for a custom quote.
Solar savings over time in Camanche
| Year | Return on Investment |
|---|---|
| 1 years | $-25,479 |
| 3 years | $-22,046 |
| 5 years | $-18,613 |
| 7 years | $-15,180 |
| 9 years | $-11,747 |
| 11 years | $-8,314 |
| 13 years | $-4,881 |
| 15 years | $-1,448 |
| 17 years | $1,985 |
| 19 years | $5,418 |
| 21 years | $8,851 |
| 23 years | $12,284 |
| 25 years | $15,717 |
Top Solar Installers in Camanche
When making the switch to solar, many homeowners opt to go with a solar installation company since putting up solar panels yourself can be a challenging project. Companies can also offer access to a large variety of the best solar panels and help you decide which one will be best for your family.
If you’d like to switch to solar energy but still aren’t certain which solar company to go with, here are our suggestions for providers near you:
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 Camanche
Factors that Affect Solar Panel Costs in Camanche
Even though the average cost of a solar system in Camanche is $27,196, your final cost may be above or below the average. There are many factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That’s why it’s a priority to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are available from most installers in Camanche, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you’re only able to 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 finding a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Camanche is the company you get to install your solar system. Similar to choosing a company to renovate your kitchen, for example, you’ll have many options for solar installers that offer a range of services at different costs.You may see national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those larger 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 | $11,239 | 15.2 years |
| 8 kW | $4.09 | $22,905 | $15,434 | 14.9 years |
| 10 kW | $4.01 | $28,070 | $19,854 | 14.6 years |
| 12 kW | $3.93 | $33,010 | $24,499 | 14.4 years |
| 14 kW | $3.85 | $37,726 | $29,368 | 14.1 years |
| 16 kW | $3.77 | $42,217 | $34,461 | 13.8 years |
| 18 kW | $3.69 | $46,484 | $39,779 | 13.5 years |
| 20 kW | $3.61 | $50,526 | $45,322 | 13.2 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Camanche, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Warranty: If you care about the durability of your solar energy system, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you choose.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Contract: Look through the contract terms closely to make sure you understand the total cost, project completion timeline rebates and warranties.
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 Camanche, IA Solar Cost FAQs
How much does it cost to install solar panels in Camanche?
This is a tough question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $20,050 for a 5-kW system and $40,100 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
What other factors should I consider apart from cost when buying solar panels?
The initial cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
How will installing solar panels impact how much my home is worth?
Solar panels can increase your property’s value considerably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.