Solar Panel Cost Guide in Polk City, IA (Jan 2023)
- Polk City Solar Installation Cost: $18,556
- 25-Year Savings: $26,808
- Payback Period: 10.2 Years
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Top Solar Installers in Polk City
Trying to install solar panels on your own can be a stressful project, which is why hiring a solar installer is a good option for many homeowners. A solar installer can also help save you money over time by providing warranties, repairs and component replacements.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some near you:
See all of the solar companies in Polk City
Factors that Affect Solar Panel Costs in Polk City
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that will push your cost above or below the average in Polk City: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
The size of the solar energy system you need for your home, 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 about $2,770. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more in the long run on your power bills. Additionally, extra products, like solar batteries, can bump up your total well above the Polk City average.
Solar Financing Terms
Many homeowners find the average cost of solar in Polk City to be prohibitively steep, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides access to financing options. Solar loans greatly decrease upfront costs in most cases, but they also lead to higher prices over time because of interest. When considering your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you get to install your solar panels can influence your pricing. Polk City's solar companies all have different labor costs and add varying upcharges to equipment. The size of the company sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
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||$16,356||10.6 years|
|8 kW||$2.83||$15,822||$22,119||10.4 years|
|10 kW||$2.77||$19,390||$28,036||10.2 years|
|12 kW||$2.71||$22,803||$34,109||10.0 years|
|14 kW||$2.66||$26,060||$40,337||9.8 years|
|16 kW||$2.60||$29,163||$46,719||9.6 years|
|18 kW||$2.55||$32,110||$53,257||9.4 years|
|20 kW||$2.49||$34,902||$59,950||9.2 years|
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:
- Contract: Review the contract terms carefully to make sure you understand how much it will cost, project completion timeline incentives and warranties.
- Solar Panel Brands: The brand of solar panel you want plays a part in which company you should go with, since different companies provide different panels.
- Warranty: If you're worried about the longevity of your solar panels, checking if your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
EcoWatch's Polk City, 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.