Solar Panel Cost Guide in Waukee, IA (Sep 2022)

  • Waukee Solar Installation Cost: $18,517
  • 25-Year Savings: $19,986
  • Payback Period: 12.0 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Waukee

Find out what the average cost of solar panel installation is in Waukee.

In Waukee, solar panels cost about $3 per watt on average. Using this figure, a typical 9.6 would cost about $18,517 before the 30% federal solar tax credit is applied.

Keep in mind that the figures above are only estimates based on the average Waukee homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Waukee can save about $15,000 on their energy bills over 20 years.

For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.

Solar savings over time in Waukee

Year Return on Investment
1 years $-16,977
3 years $-13,897
5 years $-10,817
7 years $-7,737
9 years $-4,656
11 years $-1,576
13 years $1,504
15 years $4,584
17 years $7,665
19 years $10,745
21 years $13,825
23 years $16,905
25 years $19,986

Top Solar Installers in Waukee

Installing solar panels on your own can be a dangerous undertaking, which is why using a solar installation company is a good option for many homeowners. Plus, if you aren't sure what kind of solar panels and equipment you need, a solar company can help you figure that out after a site survey and consultation.

You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some in Waukee:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

The Green Panel

★★★★★
4.5

  • 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

★★★★★
4.0

  • Industry-leading warranty coverage
  • Expansive service area
  • Some reported communication issues
  • No leases or PPAs

See all of the solar companies in Waukee

Factors that Affect Solar Panel Costs in Waukee

Though the average cost of solar panels in Waukee is $18,517, your actual cost may be higher or lower than that. There are many factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more important things to take into consideration.

Solar Equipment Size

The size of the solar panel system you need is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,770. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Waukee, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

If paying for a solar system out of pocket is out of reach, solar loans are a solid route because they decrease your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. Although solar loans make switching to solar energy more accessible for Waukee homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

The solar panel installation company you pick will play a role in your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor. You may come across national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those larger 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 $12,092 12.5 years
8 kW $2.83 $15,822 $16,433 12.3 years
10 kW $2.77 $19,390 $20,929 12.0 years
12 kW $2.71 $22,803 $25,580 11.8 years
14 kW $2.66 $26,060 $30,386 11.5 years
16 kW $2.60 $29,163 $35,347 11.3 years
18 kW $2.55 $32,110 $40,464 11.1 years
20 kW $2.49 $34,902 $45,736 10.8 years

Solar Incentives in Waukee

Name Renewable Energy Equipment Exemption
Incentive Amount 100% of sales tax
Website Visit here
More Info Click here

Name Solar Energy Systems Tax Credit (Personal)
Website Visit here
More Info Click here

Name Local Option - Special Assessment of Wind Energy Devices
Website Visit here
More Info Click here

Name Methane Gas Conversion Property Tax Exemption
Website Visit here
More Info Click here

Name Property Tax Exemption for Renewable Energy Systems
More Info Click here

Name Geothermal Heat Pump Tax Credit
Website Visit here
More Info Click here

Name Energy Replacement Generation Tax Exemption
Website Visit here
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

The solar installer you go with will influence not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should take into account, such as:

  • Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
  • Contract: When looking through your solar company's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
  • Solar Panel Brands: The kind of solar panel you'd like to get plays a role in which company you should go with, since different companies have access to different panels.
  • Reputation: Solar companies that have great reviews from their customers and that have been in business for many years in most cases provide high-quality solar panel installation and expertise.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

The Green Panel

★★★★★
4.5

  • 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

★★★★★
4.0

  • Industry-leading warranty coverage
  • Expansive service area
  • Some reported communication issues
  • No leases or PPAs

EcoWatch's Waukee, IA Solar Cost FAQs

How much does it cost to install solar panels in Waukee?

This is a hard 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 cost more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.

Is it better to lease or buy solar panels in Waukee?

Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.

Can you sell solar power back to the grid in Waukee?

Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future utility bills.

How many solar panels should I get to power my home?

To figure out how many solar panels you need, you should find out how much energy your home requires 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 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.

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