Solar Panel Cost Guide in Eagle Grove, IA (2025 Update)
- Eagle Grove Solar Installation Cost: $27,152
- 25-Year Savings: $23,400
- Payback Period: 16.1 Years
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Average Cost of Solar Panels in Eagle Grove
Find out how much it might cost to switch to solar power in Eagle Grove.
The national average cost of solar panels is $2.66 per watt, but in Eagle Grove it’s 4 per watt.To cover the typical energy needs of the average home in Eagle Grove, most homeowners require a 9.7-kilowatt system. Using the figure above, a solar installation costs around $27,152, or $38,827 before the federal solar tax credit of 0 is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Eagle Grove homeowners. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.For most homeowners, the upfront investment in solar power is worth paying. On average Eagle Grove homeowners see about $17,000 in savings on energy bills over 20 years.
For a personalized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Eagle Grove
| Year | Return on Investment |
|---|---|
| 1 years | $-26,084 |
| 3 years | $-23,948 |
| 5 years | $-21,812 |
| 7 years | $-19,676 |
| 9 years | $-17,541 |
| 11 years | $-15,405 |
| 13 years | $-13,269 |
| 15 years | $-11,133 |
| 17 years | $-8,997 |
| 19 years | $-6,862 |
| 21 years | $-4,726 |
| 23 years | $-2,590 |
| 25 years | $-454 |
Top Solar Installers in Eagle Grove
DIY solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Using a solar panel installer can make swapping over to solar power much easier. The expertise that solar companies provide can be invaluable as well, especially if you aren’t sure what kind of solar equipment would be right for your home.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some in Eagle Grove:
See all of the solar companies in Eagle Grove
Factors that Affect Solar Panel Costs in Eagle Grove
Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that will push your cost above or below the average in Eagle Grove: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That’s why it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your energy bills. Additionally, extra products, such as solar batteries, can bring your total well above the Eagle Grove average.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That’s why many Eagle Grove homeowners decide to finance their solar panel systems to make going solar more affordable.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar system can impact your pricing. Eagle Grove’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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 | $8,633 | 16.7 years |
| 8 kW | $4.09 | $22,905 | $11,960 | 16.4 years |
| 10 kW | $4.01 | $28,070 | $15,511 | 16.1 years |
| 12 kW | $3.93 | $33,010 | $19,287 | 15.8 years |
| 14 kW | $3.85 | $37,726 | $23,288 | 15.5 years |
| 16 kW | $3.77 | $42,217 | $27,513 | 15.1 years |
| 18 kW | $3.69 | $46,484 | $31,962 | 14.8 years |
| 20 kW | $3.61 | $50,526 | $36,636 | 14.5 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- Warranty: If you’re concerned about the endurance of your solar panels, verifying that your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Although there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you peruse their list of options before deciding.
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated 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 positive reviews from previous customers.
- Contract: It’s important to look over your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what you can expect about the cost.
EcoWatch's Eagle Grove, IA Solar Cost FAQs
What is the average cost of installing solar panels in Eagle Grove?
This is a difficult 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 additional solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
What other factors should I consider apart from cost when buying solar panels?
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 cities 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 much can I save on electricity bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $871.62 per year.
How long do solar panels last in Eagle Grove?
On average, solar panels can last 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.