Solar Panel Cost Guide in Perry, IA (2024 Update)
- Perry Solar Installation Cost: $26,806
- 25-Year Savings: $25,888
- Payback Period: 15.1 Years
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Average Cost of Solar Panels in Perry
We go over average solar pricing in Perry.
The national average cost of solar panels is $2.66 per watt, but in Perry it’s 4 per watt.Because a 9.5-kW system is needed to cover the energy costs of a typical home in Perry, the average price of going solar will be about $26,806 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much solar panels could cost. The actual cost of installing solar panels can vary based on a few factors, such as how many panels you need, your energy usage and what installation company you go with.Even with the significant upfront cost, the average Perry homeowner can save around $18,000 on their energy bills over 20 years, which is one of the advantages of solar.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Perry
| Year | Return on Investment |
|---|---|
| 1 years | $-25,089 |
| 3 years | $-21,656 |
| 5 years | $-18,223 |
| 7 years | $-14,790 |
| 9 years | $-11,357 |
| 11 years | $-7,924 |
| 13 years | $-4,491 |
| 15 years | $-1,058 |
| 17 years | $2,375 |
| 19 years | $5,808 |
| 21 years | $9,241 |
| 23 years | $12,674 |
| 25 years | $16,107 |
Top Solar Installers in Perry
Installing solar panels on your own can be a time-consuming undertaking, which is why hiring a solar installation company is a good option for many homeowners. A solar installer can also help save you money over the lifespan of your system by offering warranties, repairs and component replacements.
If you're on the hunt for a solar installer in Perry, we've put together 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 Perry
Factors that Affect Solar Panel Costs in Perry
There are many factors that can determine your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy 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 spend about $4,010 per kilowatt in Perry.There are a lot of different solar panel brands and the one you pick also changes the cost. Generally speaking, the brands that are more efficient tend to also be more expensive. In addition, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That’s why many Perry homeowners opt to finance their solar panel systems to offset upfront costs.Even though solar loans make switching to solar energy more accessible for Perry homeowners, they can also increase the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The final significant cost factor you should consider is the installer you choose. Given the booming popularity of renewable energy solutions in Perry, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.Additionally, some companies in Perry are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $10,383 | 15.7 years |
| 8 kW | $4.09 | $22,905 | $14,294 | 15.4 years |
| 10 kW | $4.01 | $28,070 | $18,428 | 15.1 years |
| 12 kW | $3.93 | $33,010 | $22,788 | 14.8 years |
| 14 kW | $3.85 | $37,726 | $27,372 | 14.5 years |
| 16 kW | $3.77 | $42,217 | $32,180 | 14.2 years |
| 18 kW | $3.69 | $46,484 | $37,213 | 13.9 years |
| 20 kW | $3.61 | $50,526 | $42,471 | 13.6 years |
How to Save on Solar Panels
There are a large number of companies available in Perry, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
- Contract: Though reading through a contract can take a lot of time, it’s important to do it carefully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
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 $20,050 for a 5-kW system and $40,100 for a 10-kW system before the ITC, but the real cost will depend on things such as the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider other than cost when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will installing solar panels impact my property value?
Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don’t choose 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 stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them after having them for that long or you can continue to use 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.