Solar Panel Cost Guide in North Liberty, IA (2025 Update)
- North Liberty Solar Installation Cost: $27,053
- 25-Year Savings: $15,859
- Payback Period: 15.0 Years
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Average Cost of Solar Panels in North Liberty
Find out what the average cost of installing solar panels is in North Liberty.
The national average cost of solar panels is $2.66 per watt, but in North Liberty it’s 4 per watt.Because a 9.6-kW system is needed to cover the energy needs of a typical home in North Liberty, the average price of going solar will be about $27,053 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The actual cost of going solar can vary based on several factors, such as what size system you need, your energy usage and what solar installer you go with.Many homeowners find going solar is a sound investment. The average homeowner in North Liberty can save about $18,000 on their energy bills over 20 years.
You can click the button below to get connected with a vetted solar installer in North Liberty for a quote for your home.
Solar savings over time in North Liberty
Year | Return on Investment |
---|---|
1 years | $-25,337 |
3 years | $-21,904 |
5 years | $-18,471 |
7 years | $-15,038 |
9 years | $-11,605 |
11 years | $-8,172 |
13 years | $-4,739 |
15 years | $-1,306 |
17 years | $2,127 |
19 years | $5,560 |
21 years | $8,993 |
23 years | $12,426 |
25 years | $15,859 |
Top Solar Installers in North Liberty
Although it's possible to install solar panels on your own, it involves extra effort and handiness. For that reason, the majority of homeowners choose to go with a solar panel installer. Companies can also provide access to a large variety of the best solar panels and help you choose which one will be best for your home.
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 North Liberty:
See all of the solar companies in North Liberty
Factors that Affect Solar Panel Costs in North Liberty
Though the average cost of a solar system in North Liberty is $27,053, your actual cost may differ. There are quite a few factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to consider.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $4,010. The type 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. However, higher efficiency could save you more in the long run on your electric bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the North Liberty average.
Solar Financing Terms
Many homeowners find the average cost of solar in North Liberty to be prohibitively steep, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides access to financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also result in paying more over time due to interest.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to green energy can have an effect on your total costs. There are about 3 solar installation companies operating in North Liberty, and each can charge different amounts for labor and equipment.The size of the company can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower 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 | $4.17 | $17,516 | $10,623 | 15.6 years |
8 kW | $4.09 | $22,905 | $14,613 | 15.3 years |
10 kW | $4.01 | $28,070 | $18,828 | 15.0 years |
12 kW | $3.93 | $33,010 | $23,267 | 14.7 years |
14 kW | $3.85 | $37,726 | $27,931 | 14.4 years |
16 kW | $3.77 | $42,217 | $32,820 | 14.1 years |
18 kW | $3.69 | $46,484 | $37,933 | 13.8 years |
20 kW | $3.61 | $50,526 | $43,270 | 13.5 years |
How to Save on Solar Panels
The solar installer you opt for will affect not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, such as:
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you go with.
- Contract: Read the contract terms closely to make sure you understand the overall cost, project timeline rebates and warranties.
- 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 project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Warranty: A comprehensive, long-term warranty can help keep your solar panel system running for years to come and save you money on part replacement and repairs.
EcoWatch's North Liberty, IA Solar Cost FAQs
How much does it cost to install solar panels in North Liberty?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $20,050 for a 5-kW system and $40,100 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or higher quality panels, or if you have above-average energy needs. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in North Liberty?
You can’t get solar panels for free in North Liberty. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Does North Liberty have a net metering program?
Most states offer net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home 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.