Solar Panel Cost Guide in Sioux Center, IA (2024 Update)
- Sioux Center Solar Installation Cost: $27,064
- 25-Year Savings: $15,833
- Payback Period: 19.6 Years
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Average Cost of Solar Panels in Sioux Center
Find out how much it might cost to go solar in Sioux Center.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Sioux Center, the typical cost of solar panels is 4 per watt.To account for the typical energy usage of the average home in Sioux Center, most homeowners require a 9.6-kilowatt system. Using the figure above, a solar installation costs around $27,064, or $38,702 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of going solar can vary based on a few factors, such as what size system you need, your energy consumption and what installation company you go with.Many homeowners find adopting solar power is a sound investment. The average homeowner in Sioux Center can save around $14,000 on their energy bills over 20 years.
To get a free quote from a top solar company in Sioux Center, you can click the button below.
Solar savings over time in Sioux Center
| Year | Return on Investment |
|---|---|
| 1 years | $-25,996 |
| 3 years | $-23,860 |
| 5 years | $-21,724 |
| 7 years | $-19,588 |
| 9 years | $-17,453 |
| 11 years | $-15,317 |
| 13 years | $-13,181 |
| 15 years | $-11,045 |
| 17 years | $-8,910 |
| 19 years | $-6,774 |
| 21 years | $-4,638 |
| 23 years | $-2,502 |
| 25 years | $-366 |
Top Solar Installers in Sioux Center
Many homeowners choose to hire a solar panel company since installing solar panels yourself can be hard. The expertise that solar installers offer can be helpful as well, especially if you aren’t sure what brand of solar equipment you need.
Working with a professional solar installer can help your solar project go smoothly. 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 Sioux Center
Factors that Affect Solar Panel Costs in Sioux Center
For many Sioux Center homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Sioux Center, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar energy system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $4,010. The type of solar equipment you choose can bring your price up or down 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. However, more efficient panels could save you more in the long run on your power bills. In addition, add-on products, like solar batteries, can bring your total well above the Sioux Center average.
Solar Financing Terms
Many homeowners find the average cost of solar in Sioux Center to be prohibitively costly, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also result in a higher cost over time because of interest.Although solar loans make going solar more accessible for Sioux Center 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 avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you go with to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar installation companies operating throughout Sioux Center, and each can charge varying amounts for labor and equipment.Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and go with the company that has the products, warranties and services you want and also fits within your budget.
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 | $3,971 | 20.4 years |
| 8 kW | $4.09 | $22,905 | $5,744 | 20.0 years |
| 10 kW | $4.01 | $28,070 | $7,741 | 19.6 years |
| 12 kW | $3.93 | $33,010 | $9,963 | 19.2 years |
| 14 kW | $3.85 | $37,726 | $12,410 | 18.8 years |
| 16 kW | $3.77 | $42,217 | $15,081 | 18.4 years |
| 18 kW | $3.69 | $46,484 | $17,976 | 18.0 years |
| 20 kW | $3.61 | $50,526 | $21,096 | 17.6 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Sioux Center, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: If you care about the longevity of your solar panels, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: Although reading through a contract can be tedious, it’s important to do it carefully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Even though there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you ask for their list of offerings before making your decision.
- Installation Process: Get details from your solar installer about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
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 Sioux Center, IA Solar Cost FAQs
How much does it cost to install solar panels in Sioux Center?
The average cost of solar panels in Sioux Center is about $20,050 for a 5-kW system and $40,100 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Sioux Center?
Leasing solar panels can be an appealing choice, because it usually comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to get the most savings.
Do solar panels increase your home value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Sioux Center is currently $311,507, so you can expect a value of about $12,772 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Sioux Center is a rewarding investment.
What solar power system size is right for my home?
To figure out what solar panel system size 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 typically produce about 250 to 400 watt-hours per hour, the average household 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.
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.