Solar Panel Cost Guide in Emmetsburg, IA (Feb 2023)
- Emmetsburg Solar Installation Cost: $18,808
- 25-Year Savings: $24,322
- Payback Period: 10.9 Years
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Top Solar Installers in Emmetsburg
Although it's possible to install solar panels on your own, it takes extra effort and expertise. Because of that, most people choose to hire a solar panel installer. Some solar installers, particularly local ones, can help you make the most of incentives in Emmetsburg, optimizing your ROI.
If you'd like to go solar but still aren't sure which solar panel installer to go with, here are our suggestions for providers nearby:
See all of the solar companies in Emmetsburg
Factors that Affect Solar Panel Costs in Emmetsburg
The cost of installing a solar system in Emmetsburg 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 installer you choose.
When it comes to estimating the cost of solar panels in Emmetsburg, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy usage, which you can determine by looking at past power bills. Your overall cost can increase by around $2,770 for each additional kilowatt you need. The brand and type 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 come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are a popular choice because they decrease your upfront costs and let you pay for your system over five to seven years on average. 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 more than the original cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar panel installer you select will influence your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor. The company's size can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because of more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.
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||$14,586||11.3 years|
|8 kW||$2.83||$15,822||$19,758||11.1 years|
|10 kW||$2.77||$19,390||$25,085||10.9 years|
|12 kW||$2.71||$22,803||$30,568||10.7 years|
|14 kW||$2.66||$26,060||$36,205||10.5 years|
|16 kW||$2.60||$29,163||$41,998||10.2 years|
|18 kW||$2.55||$32,110||$47,946||10.0 years|
|20 kW||$2.49||$34,902||$54,049||9.8 years|
How to Save on Solar Panels
The solar panel company you choose will affect not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, such as:
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
- Contract: It's important to read through your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. Two 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 good reviews from past customers.
EcoWatch's Emmetsburg, 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.