Solar Panel Cost Guide in Indianola, IA (Jan 2023)
- Indianola Solar Installation Cost: $18,459
- 25-Year Savings: $24,634
- Payback Period: 10.7 Years
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Top Solar Installers in Indianola
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a pain. Going with an installer can make switching to solar power much easier. Plus, if you're not certain what brand of solar panels and equipment you may need, a solar company can help you figure that out after a site survey and consultation.
If you'd like to switch to solar energy but still aren't certain which solar installer to go with, here are our recommendations for providers in Indianola:
See all of the solar companies in Indianola
Factors that Affect Solar Panel Costs in Indianola
The cost of installing a solar system in Indianola can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend about $2,770 per kilowatt in Indianola. The kind of solar equipment you choose can increase or decrease your cost 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. On the other hand, higher efficiency could save you more over time on your electric bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Indianola average.
Solar Financing Terms
Most solar installers in Indianola provide solar loans, which reduce your upfront costs of installing solar panels. It's wise to include 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 how long it'll take to pay back the loan.
Solar Panel Installation Company
The remaining key cost factor you should consider is the installer you choose. Given the booming popularity of renewable energy solutions in Indianola, you'll have many options to choose from, but each comes at varying price points for labor and equipment. You may come across national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those larger 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||$15,059||11.1 years|
|8 kW||$2.83||$15,822||$20,389||10.9 years|
|10 kW||$2.77||$19,390||$25,874||10.7 years|
|12 kW||$2.71||$22,803||$31,515||10.5 years|
|14 kW||$2.66||$26,060||$37,310||10.3 years|
|16 kW||$2.60||$29,163||$43,261||10.1 years|
|18 kW||$2.55||$32,110||$49,366||9.9 years|
|20 kW||$2.49||$34,902||$55,627||9.6 years|
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, 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:
- Contract: Though reading through a contract can take a lot of time, it's important to do it fully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Even though there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so be sure to peruse their list of offerings before making your decision.
- Warranty: Warranties that cover panel repairs and maintenance over a couple decades are the best you can get in the business, and offering that kind of warranty is one indication of a quality company.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to get the job done well. Another way you can research your installer's reputation is by reading reviews.
EcoWatch's Indianola, 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.