Solar Panel Cost Guide in Cedar Falls, IA (Jan 2023)
- Cedar Falls Solar Installation Cost: $18,905
- 25-Year Savings: $25,807
- Payback Period: 10.6 Years
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Top Solar Installers in Cedar Falls
Many homeowners decide to hire a solar panel installer since installing solar panels by yourself can be hard. Plus, if you aren't sure what type of solar panels and equipment you may need, a solar installer can help you find the right equipment for you after a site survey and consultation.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some near you:
See all of the solar companies in Cedar Falls
Factors that Affect Solar Panel Costs in Cedar Falls
Although the average cost of a solar system in Cedar Falls is $18,905, your actual cost may be above or below the average. There are quite a few factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
One of the most significant 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 energy your household uses, the larger your system will likely need to be. You can expect to pay around $2,770 per kilowatt in Cedar Falls. There are many different solar panel brands and the one you pick also changes the cost. Typically, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels in cash is too expensive, solar loans are a popular option because they lower your upfront costs and let you pay for your system over five to seven years on average. When figuring out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar installer you pick will impact your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor. Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and go with the company that has the products, warranties and services you're looking for and also fits 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||$15,419||11.0 years|
|8 kW||$2.83||$15,822||$20,869||10.8 years|
|10 kW||$2.77||$19,390||$26,474||10.6 years|
|12 kW||$2.71||$22,803||$32,234||10.4 years|
|14 kW||$2.66||$26,060||$38,149||10.1 years|
|16 kW||$2.60||$29,163||$44,220||9.9 years|
|18 kW||$2.55||$32,110||$50,445||9.7 years|
|20 kW||$2.49||$34,902||$56,826||9.5 years|
How to Save on Solar Panels
Since the model of solar panels and the installer you choose significantly impacts your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Solar Panel Brands: The kind of solar panel you'd like to get plays a role in which installer you should opt for, since different companies have different panels.
- Contract: Before you sign a contract with a solar company, be sure to read it through fully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases offer good-quality solar panel installation and expertise.
EcoWatch's Cedar Falls, IA Solar Cost FAQs
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.