Solar Panel Cost Guide in Dyersville, IA (2023 Update)
- Dyersville Solar Installation Cost: $18,905
- 25-Year Savings: $30,505
- Payback Period: 9.6 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Dyersville
Let's take a look at the average cost of solar in Dyersville.
In Dyersville, solar panels cost about 2.77 per watt on average. To cover the typical energy usage of the average home in Dyersville, most homeowners require a 9.8-kilowatt system. Using the per-watt figure above, a solar installation costs about $18,905, or $27,034 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The exact cost of making the switch to solar can vary depending on several 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 sound investment. The average homeowner in Dyersville can save around $19,000 on their electricity bills over 20 years.
To receive a free quote from a highly rated solar installer in Dyersville, you can click the button below.
Solar savings over time in Dyersville
| Year | Return on Investment |
|---|---|
| 1 years | $-16,929 |
| 3 years | $-12,976 |
| 5 years | $-9,023 |
| 7 years | $-5,070 |
| 9 years | $-1,118 |
| 11 years | $2,835 |
| 13 years | $6,788 |
| 15 years | $10,741 |
| 17 years | $14,694 |
| 19 years | $18,646 |
| 21 years | $22,599 |
| 23 years | $26,552 |
| 25 years | $30,505 |
Top Solar Installers in Dyersville
Many homeowners opt for a solar installer since trying to put up solar panels by yourself can be challenging. Also, companies with a good reputation that cost more upfront could actually save you money in the long term with their warranties, repair services and expert design.
If you'd like to go solar but still aren't sure which solar panel installer to go with, here are our recommendations for providers nearby:
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 Dyersville
Factors that Affect Solar Panel Costs in Dyersville
There are several criteria that can affect your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Dyersville, 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 a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are an affordable route because they lower your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. However, the interest on solar loans also adds to your all-in costs, so it's important to keep that in mind as well. You can always bring down the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installation company you pick will affect your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Additionally, some companies in Dyersville are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. 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 | $2.88 | $12,099 | $18,301 | 10.0 years |
| 8 kW | $2.83 | $15,822 | $24,711 | 9.8 years |
| 10 kW | $2.77 | $19,390 | $31,277 | 9.6 years |
| 12 kW | $2.71 | $22,803 | $37,997 | 9.4 years |
| 14 kW | $2.66 | $26,060 | $44,873 | 9.2 years |
| 16 kW | $2.60 | $29,163 | $51,904 | 9.0 years |
| 18 kW | $2.55 | $32,110 | $59,090 | 8.8 years |
| 20 kW | $2.49 | $34,902 | $66,432 | 8.6 years |
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose has an impact on 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:
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
- Installation Process: Make sure you're on the same page with the company with regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as updating your electrical system or roof.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Contract: Read the contract terms carefully to make sure you understand the overall cost, project timeline incentives and warranties.
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 Dyersville, IA Solar Cost FAQs
How much does it cost to install solar panels in Dyersville?
This is a hard question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $13,850 for a 5-kW system and $27,700 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have above-average energy needs. Conversely, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration 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 be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
How will solar panels impact the value of my home?
Solar panels can increase the value of your home remarkably as long as you buy or finance your panels and don't opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.