Solar Panel Cost Guide in Dyersville, IA (2023 Update)
- Dyersville Solar Installation Cost: $27,374
- 25-Year Savings: $30,501
- Payback Period: 13.9 Years
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Updated October 25, 2023
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Average Cost of Solar Panels in Dyersville
Let’s have a look at the average cost of solar in Dyersville.
The average cost of solar panels in Dyersville is 4 per watt.To cover the typical energy needs of the average home in Dyersville, most homeowners require a 9.8-kilowatt system. Using the figure above, a solar installation costs around $27,374, or $39,145 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 energy system could cost. The actual 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 company you go with.With average savings of about $19,000 on energy bills over 20 years, many homeowners in Dyersville find installing solar panels can pay off big.
To get a free quote from a top solar company in Dyersville, you can click the button below.
Solar savings over time in Dyersville
| Year | Return on Investment |
|---|---|
| 1 years | $-25,657 |
| 3 years | $-22,224 |
| 5 years | $-18,791 |
| 7 years | $-15,358 |
| 9 years | $-11,925 |
| 11 years | $-8,492 |
| 13 years | $-5,059 |
| 15 years | $-1,626 |
| 17 years | $1,807 |
| 19 years | $5,240 |
| 21 years | $8,673 |
| 23 years | $12,106 |
| 25 years | $15,539 |
Top Solar Installers in Dyersville
Many homeowners choose to hire a solar panel company since trying to put up solar panels yourself can be a labor-intensive endeavor. Plus, if you’re unsure what type of solar panels and equipment you may need, a solar company can help you figure that out after a site survey and consultation.
If you're on the hunt for a solar company in Dyersville, we've put together a list of our top suggestions here:
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 Dyersville
Factors that Affect Solar Panel Costs in Dyersville
The cost of installing a solar system in Dyersville can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it’s crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.The type of solar panels and equipment you get is another factor that will largely affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are available from most installers in Dyersville, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more accessible.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you can only 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 getting a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Dyersville is the company you choose to install your solar system. Similar to choosing a company to renovate your kitchen, for example, you’ll have no shortage of solar installers that provide a range of services for different budgets.Additionally, some companies in Dyersville know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $12,884 | 14.4 years |
| 8 kW | $4.09 | $22,905 | $17,628 | 14.1 years |
| 10 kW | $4.01 | $28,070 | $22,597 | 13.9 years |
| 12 kW | $3.93 | $33,010 | $27,790 | 13.6 years |
| 14 kW | $3.85 | $37,726 | $33,207 | 13.3 years |
| 16 kW | $3.77 | $42,217 | $38,850 | 13.0 years |
| 18 kW | $3.69 | $46,484 | $44,716 | 12.7 years |
| 20 kW | $3.61 | $50,526 | $50,808 | 12.5 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Dyersville, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: The kind of solar panel you’d like to get plays a part in which company you should go with, since different companies have different panels.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to do the job well. Another way you can look into your installer’s reputation is by reading reviews.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panel system running smoothly and save you money on part replacement and repairs.
- Contract: Read the contract terms thoroughly to make sure you understand the cost breakdown, project completion timeline incentives 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 Dyersville, IA Solar Cost FAQs
What is the average cost of installing solar panels in Dyersville?
The average cost of solar panels in Dyersville 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 things such as the type of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider other than cost when buying solar panels?
Cost is a crucial factor to consider, but whether it’s the most important for you depends on your goals for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
How much can I save on energy bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,013.34 per year.
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 decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level 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.