Solar Panel Cost Guide in Muscatine, IA (Jan 2023)
- Muscatine Solar Installation Cost: $18,711
- 25-Year Savings: $26,266
- Payback Period: 10.4 Years
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Top Solar Installers in Muscatine
Although you can install solar panels on your own, it requires extra effort and expertise. Because of that, most homeowners choose a solar panel installer. Plus, if you aren't sure what brand of solar panels and equipment you need, a solar installer can help you figure that out after a site survey and consultation.
There are a number of licensed solar professionals that can help you install your solar system. Here are our suggestions:
See all of the solar companies in Muscatine
Factors that Affect Solar Panel Costs in Muscatine
For many Muscatine homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Muscatine, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you'll pay, which we'll go over below.
When it comes to estimating the cost of a solar system in Muscatine, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy consumption, which you can gauge by looking at past energy bills. Your total cost can increase by about $2,770 for each additional kilowatt you need. The brand and type of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That's why many Muscatine homeowners decide to finance their solar panel systems to make going solar more affordable. 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 above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Muscatine is the company you get to install your PV system. Similar to choosing a company to install new cabinets, for example, there are plenty of solar installers that offer a range of services at different costs. You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk 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||$15,877||10.8 years|
|8 kW||$2.83||$15,822||$21,479||10.6 years|
|10 kW||$2.77||$19,390||$27,237||10.4 years|
|12 kW||$2.71||$22,803||$33,149||10.2 years|
|14 kW||$2.66||$26,060||$39,217||10.0 years|
|16 kW||$2.60||$29,163||$45,440||9.8 years|
|18 kW||$2.55||$32,110||$51,818||9.6 years|
|20 kW||$2.49||$34,902||$58,351||9.4 years|
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be difficult, we have some tips to help you, such as:
- Reputation: Companies that have been operating 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 support, such as part repairs and replacements.
- Contract: Before you sign a contract with a solar installer, make sure you read it through carefully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panel system running for a long time and save you money on part replacement and repairs.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
EcoWatch's Muscatine, 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.