Solar Panel Cost Guide in Hiawatha, IA (Jan 2023)
- Hiawatha Solar Installation Cost: $18,847
- 25-Year Savings: $30,073
- Payback Period: 9.6 Years
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Top Solar Installers in Hiawatha
Although it's possible to install solar panels yourself, it takes extra effort and expertise. Because of that, most people choose to go with a solar panel installer. Companies can also offer access to a large variety of the best solar panels and help you decide which one will be right for your family.
If you'd like to go solar but still aren't certain which solar installer to go with, here are our suggestions for providers in Hiawatha:
See all of the solar companies in Hiawatha
Factors that Affect Solar Panel Costs in Hiawatha
For many Hiawatha homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Hiawatha, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you'll pay, which we'll go over below.
When it comes to estimating the cost of a solar panel system in Hiawatha, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can gauge by looking at past electricity bills. Your overall cost can increase by around $2,770 for each additional kilowatt you need. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your power bills. Additionally, add-on products, like solar batteries, can bring your total well above the Hiawatha average.
Solar Financing Terms
Most solar installers in Hiawatha have solar loans, which reduce your upfront costs of installing a solar system. However, the interest on solar loans also increases your all-in costs, so it's crucial to include that in your estimate as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
Finally, the company you hire to install your solar panel system can impact how much it costs. Hiawatha's solar companies all have different labor costs and add varying upcharges to equipment. The company's size can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount 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||$18,109||10.0 years|
|8 kW||$2.83||$15,822||$24,456||9.8 years|
|10 kW||$2.77||$19,390||$30,957||9.6 years|
|12 kW||$2.71||$22,803||$37,614||9.4 years|
|14 kW||$2.66||$26,060||$44,426||9.2 years|
|16 kW||$2.60||$29,163||$51,393||9.1 years|
|18 kW||$2.55||$32,110||$58,515||8.9 years|
|20 kW||$2.49||$34,902||$65,793||8.7 years|
How to Save on Solar Panels
The solar panel company you opt for will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should consider, such as:
- Contract: It's important to look over your solar installer's contract fully to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Installation Process: When making the switch to solar energy, it's essential to keep an open line of communication with your solar company. Confirm that you understand how the installation process works and the project completion timeline.
- Solar Panel Brands: Different companies offer various brands and types of panels. If you know you want a specific brand, make sure the solar panel installer you're considering has it.
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
EcoWatch's Hiawatha, 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.