Solar Panel Cost Guide in Perry, IA (2023 Update)
- Perry Solar Installation Cost: $18,517
- 25-Year Savings: $25,888
- Payback Period: 10.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Perry
Here's how much it might cost to go solar in Perry.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Perry, the average cost of solar panels is 2.77 per watt. Because a 9.6-kW system is needed to cover the energy costs of a typical home in Perry, the average price of going solar will be about $18,517 after claiming the federal solar tax credit of 30%.
Keep in mind that the figures above are only estimates based on the average Perry homeowner. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. For many homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $18,000 in savings on electricity bills over 20 years.
Click the button below to get connected to a highly rated solar company in Perry for a personalized estimate.
Solar savings over time in Perry
| Year | Return on Investment |
|---|---|
| 1 years | $-18,369 |
| 3 years | $-18,073 |
| 5 years | $-17,777 |
| 7 years | $-17,481 |
| 9 years | $-17,185 |
| 11 years | $-16,888 |
| 13 years | $-16,592 |
| 15 years | $-16,296 |
| 17 years | $-16,000 |
| 19 years | $-15,704 |
| 21 years | $-15,408 |
| 23 years | $-15,112 |
| 25 years | $-14,816 |
Top Solar Installers in Perry
Putting up solar panels by yourself can be a dangerous project, which is why using a solar installation company is a good option for many homeowners. Companies can also offer access to various kinds of the best solar panels and help you decide which one will be right for you.
Working with a vetted solar company can make going solar easier. 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 Perry
Factors that Affect Solar Panel Costs in Perry
Although the average cost of a solar system in Perry is $18,517, your actual cost may be above or below the average. There are many factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to keep in mind.
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, your total will most likely increase by nearly $2,770. The kind of solar panels and equipment you choose is another factor that will significantly impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Moreover, solar equipment is more than just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that's in your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are provided by most installers in Perry, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible. 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 the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
The solar panel installer you select will affect your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor. 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 they have greater resources and better 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 promotion can bring their pricing down 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 | $2.88 | $12,099 | $15,800 | 10.8 years |
| 8 kW | $2.83 | $15,822 | $21,377 | 10.6 years |
| 10 kW | $2.77 | $19,390 | $27,108 | 10.4 years |
| 12 kW | $2.71 | $22,803 | $32,996 | 10.2 years |
| 14 kW | $2.66 | $26,060 | $39,038 | 10.0 years |
| 16 kW | $2.60 | $29,163 | $45,235 | 9.8 years |
| 18 kW | $2.55 | $32,110 | $51,587 | 9.6 years |
| 20 kW | $2.49 | $34,902 | $58,095 | 9.4 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Contract: Look through the contract terms carefully to make sure you understand the cost breakdown, completion timeline rebates and warranties.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years most likely offer quality solar panel installation and expertise.
- Warranty: If you're concerned about the endurance of your solar panels, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
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 Perry, IA Solar Cost FAQs
What is the average cost of installing solar panels in Perry?
The average cost of solar panels in Perry is about $13,850 for a 5-kW system and $27,700 for a 10-kW system before the ITC, but the actual cost will depend on things like the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Perry?
You can't get solar panels for free in Perry. 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.
Do solar panels increase your home value?
Solar panels can increase your property's value considerably as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to replace them after having 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.