Solar Panel Cost Guide in Sioux Center, IA (Mar 2023)
- Sioux Center Solar Installation Cost: $18,692
- 25-Year Savings: $15,836
- Payback Period: 13.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Sioux Center
We break down average solar pricing in Sioux Center.
In Sioux Center, solar panels cost about 2.77 per watt on average. Because a 9.6-kW system is needed to cover the energy usage of a typical home in Sioux Center, the average price of going solar will be about $18,692 after claiming the federal solar tax credit of 30%.
Bear in mind that the figures above are only estimates based on the average energy use of Sioux Center homeowners. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. For many homeowners, the upfront cost of solar power is worth paying. On average Sioux Center homeowners see about $14,000 in savings on utility bills over 20 years.
You can click the button below to get connected with a pre-vetted solar installer in Sioux Center that can help you get a more accurate cost estimate for your home.
Solar savings over time in Sioux Center
| Year | Return on Investment |
|---|---|
| 1 years | $-17,311 |
| 3 years | $-14,549 |
| 5 years | $-11,786 |
| 7 years | $-9,024 |
| 9 years | $-6,262 |
| 11 years | $-3,500 |
| 13 years | $-738 |
| 15 years | $2,025 |
| 17 years | $4,787 |
| 19 years | $7,549 |
| 21 years | $10,311 |
| 23 years | $13,073 |
| 25 years | $15,836 |
Top Solar Installers in Sioux Center
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Going with a solar company can make your swap to solar power much easier. Plus, if you're unsure what brand of solar panels and equipment you may need, a solar company can help you figure that out after a site survey and consultation.
If you'd like to switch to solar energy but still aren't certain which solar panel installer to go with, here are our recommendations for providers in Sioux Center:
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Sioux Center
Factors that Affect Solar Panel Costs in Sioux Center
There are a number of factors that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,770. There are many different solar panel brands and the one you choose also changes the cost. Usually, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you choose can affect your total cost. If you just 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 Sioux Center homeowners choose to finance their solar panel systems to make going solar more affordable. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Sioux Center is the company you get to install your solar system. As with choosing a company to install new cabinets, for instance, there are plenty of solar installers that provide a range of services at different costs. Additionally, some companies in Sioux Center know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 | $2.88 | $12,099 | $9,387 | 14.1 years |
| 8 kW | $2.83 | $15,822 | $12,827 | 13.8 years |
| 10 kW | $2.77 | $19,390 | $16,421 | 13.5 years |
| 12 kW | $2.71 | $22,803 | $20,171 | 13.3 years |
| 14 kW | $2.66 | $26,060 | $24,075 | 13.0 years |
| 16 kW | $2.60 | $29,163 | $28,135 | 12.7 years |
| 18 kW | $2.55 | $32,110 | $32,350 | 12.5 years |
| 20 kW | $2.49 | $34,902 | $36,720 | 12.2 years |
How to Save on Solar Panels
The solar installer you go with will influence not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should take into account, including:
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Contract: It's important to look over your solar installer's contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Solar Panel Brands: Different companies will have different brands and types of panels. If you prefer a specific brand, make sure the solar panel installer you're considering has it.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project completion timeline.
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Sioux Center, IA Solar Cost FAQs
How much does it cost to install solar panels in Sioux Center?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $13,850 for a 5-kW system and $27,700 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 consumption. Conversely, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Are solar panels free in Sioux Center?
You can't get solar panels for free in Sioux Center. However, you may still be able to get 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.
How much can I save on power bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $716.22 per year.
What solar power system size is right for 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 house 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.