Solar Panel Cost Guide in Keokuk, IA (2024 Update)
- Keokuk Solar Installation Cost: $26,485
- 25-Year Savings: $36,360
- Payback Period: 12.1 Years
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Average Cost of Solar Panels in Keokuk
Find out what the average cost of installing solar panels is in Keokuk.
While the national average of solar panels is $2.66 per watt, solar panels in Keokuk typically cost about 4.Since a 9.4-kW system is needed to cover the energy usage of a typical home in Keokuk, the average price of going solar will be about $26,485 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of installing solar panels can vary depending on several factors, such as what size system you need, your energy usage and what solar installer you go with.Many homeowners find adopting solar power is a solid investment. The average homeowner in Keokuk can save about $22,000 on their energy bills over 20 years.
You can click the button below to get connected with a top solar installer in Keokuk that can help you get a more accurate cost estimate for your home.
Solar savings over time in Keokuk
| Year | Return on Investment |
|---|---|
| 1 years | $-24,769 |
| 3 years | $-21,336 |
| 5 years | $-17,903 |
| 7 years | $-14,470 |
| 9 years | $-11,037 |
| 11 years | $-7,604 |
| 13 years | $-4,171 |
| 15 years | $-738 |
| 17 years | $2,695 |
| 19 years | $6,128 |
| 21 years | $9,561 |
| 23 years | $12,994 |
| 25 years | $16,427 |
Top Solar Installers in Keokuk
When going solar, many homeowners prefer to hire a solar installation company since putting up a solar system yourself can be a challenging project. Another good thing about going with a reputable solar installer is that it'll likely provide warranties and free repairs, which help protect your solar investment.
If you're looking for a solar company in Keokuk, we've compiled a list of our top suggestions here:
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 Keokuk
Factors that Affect Solar Panel Costs in Keokuk
Even though the average cost of a solar system in Keokuk is $26,485, your actual cost may be above or below the average. There are quite a few factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
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 energy your household consumes, the larger your system will likely need to be. You can expect to pay about $4,010 per kilowatt in Keokuk.There are several different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you’re looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Keokuk to be too costly, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in a higher cost over time due to interest.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 reduce the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar panel installer you choose will influence your total cost to go solar. Different companies will charge different amounts for the equipment and labor.Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and choose a company that offers the products, warranties and services you’re looking for and also is within your budget.
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 | $17,240 | 12.6 years |
| 8 kW | $4.09 | $22,905 | $23,436 | 12.4 years |
| 10 kW | $4.01 | $28,070 | $29,856 | 12.1 years |
| 12 kW | $3.93 | $33,010 | $36,501 | 11.9 years |
| 14 kW | $3.85 | $37,726 | $43,370 | 11.6 years |
| 16 kW | $3.77 | $42,217 | $50,464 | 11.4 years |
| 18 kW | $3.69 | $46,484 | $57,783 | 11.1 years |
| 20 kW | $3.61 | $50,526 | $65,326 | 10.9 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 selecting a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Contract: When looking through your solar installer’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one mark of a quality company.
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 Keokuk, IA Solar Cost FAQs
What is the average cost of installing solar panels in Keokuk?
The average cost of solar panels in Keokuk is about $20,050 for a 5-kW system and $40,100 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost when buying solar panels?
Cost is a key 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 take into account are the quality and durability of your solar panels.
Is it worth going solar in Keokuk?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.