Solar Panel Cost Guide in Huxley, IA (2023 Update)
- Huxley Solar Installation Cost: $18,571
- 25-Year Savings: $29,915
- Payback Period: 9.6 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Huxley
We go over average solar pricing in Huxley.
The average cost of a solar panel system in Huxley is 2.77 per watt. To cover the typical energy needs of the average home in Huxley, most homeowners require a 9.6-kilowatt system. Using the per-watt figure above, a solar installation costs around $18,576, or $26,564 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The exact cost of going solar can vary quite a bit depending on several factors, such as how many panels you need, your energy usage and what installation company you go with. But, after you've paid the upfront cost of installation, the return on investment for most homeowners is usually rewarding, with a net average savings of about $19,000 over 20 years on utility bills.
Click the button below to get connected to a top solar panel company in Huxley for a custom quote.
Solar savings over time in Huxley
| Year | Return on Investment |
|---|---|
| 1 years | $-16,855 |
| 3 years | $-13,422 |
| 5 years | $-9,989 |
| 7 years | $-6,556 |
| 9 years | $-3,123 |
| 11 years | $310 |
| 13 years | $3,743 |
| 15 years | $7,176 |
| 17 years | $10,609 |
| 19 years | $14,042 |
| 21 years | $17,475 |
| 23 years | $20,908 |
| 25 years | $24,341 |
Top Solar Installers in Huxley
Trying to put up solar panels by yourself can be a challenging task, which is why using a solar installer is a good option for many homeowners. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and system component replacements.
Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:
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 Huxley
Factors that Affect Solar Panel Costs in Huxley
The cost of installing a solar system in Huxley can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,770. There are many different solar panel brands and the one you pick also affects the cost. Generally speaking, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you choose can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Huxley offer solar loans, which reduce your upfront costs of installing solar. However, the interest on solar loans also adds to your all-in costs, so it's vital to take that into consideration as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The final significant cost factor you should consider is the installer you choose. Given the booming popularity of green energy solutions in Huxley, you'll have lots of options to choose from, but each comes at different price points for labor and equipment. You may notice national solar installers that have lower prices due to their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $18,275 | 10.0 years |
| 8 kW | $2.83 | $15,822 | $24,676 | 9.8 years |
| 10 kW | $2.77 | $19,390 | $31,233 | 9.6 years |
| 12 kW | $2.71 | $22,803 | $37,945 | 9.4 years |
| 14 kW | $2.66 | $26,060 | $44,812 | 9.2 years |
| 16 kW | $2.60 | $29,163 | $51,835 | 9.0 years |
| 18 kW | $2.55 | $32,110 | $59,012 | 8.8 years |
| 20 kW | $2.49 | $34,902 | $66,344 | 8.6 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be a tough decision, we have some tips to help you, such as:
- Contract: Read the contract terms closely to make sure you understand how much it will cost, project timeline incentives and warranties.
- Solar Panel Brands: The brand of solar panel you want to get plays a part in which installer you should go with, since different companies provide different panels.
- Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Warranty: If you care about the endurance of your solar energy system, ensuring your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
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 Huxley, IA Solar Cost FAQs
What is the average cost of installing solar panels in Huxley?
This is a hard question to answer precisely, because the cost depends on a variety of factors. Broadly 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 extra solar equipment or more efficient panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
What other factors should I consider other than cost when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels eliminate my power bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Huxley, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses 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 house 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.