Solar Panel Cost Guide in West Liberty, IA (2024 Update)
- West Liberty Solar Installation Cost: $27,077
- 25-Year Savings: $29,725
- Payback Period: 14.0 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in West Liberty
Find out what the average cost of solar panel installation is in West Liberty.
In West Liberty, solar panels cost about 4 per watt on average.The average solar panel system size in West Liberty is around 9.6 kilowatts, meaning a cost of about $27,077 for a solar installation, or $38,720 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of making the switch to solar can vary quite a bit based on several factors, such as how many panels you need, your energy usage and what company you go with.Despite the high upfront cost, the average West Liberty homeowner can save about $19,000 on their energy bills over 20 years, which is one of the benefits of solar.
To get a free estimate from a vetted solar installation company in West Liberty, you can click the button below.
Solar savings over time in West Liberty
Year | Return on Investment |
---|---|
1 years | $-25,360 |
3 years | $-21,927 |
5 years | $-18,494 |
7 years | $-15,061 |
9 years | $-11,628 |
11 years | $-8,195 |
13 years | $-4,762 |
15 years | $-1,329 |
17 years | $2,104 |
19 years | $5,537 |
21 years | $8,970 |
23 years | $12,403 |
25 years | $15,836 |
Top Solar Installers in West Liberty
Installing solar panels on your own can be a time-consuming task, which is why getting a solar installer is a good option for many homeowners. Companies can also provide access to quality options of the best solar panels and help you pick which one will be best for your family.
Working with a professional solar installer can help you make the most of your investment in solar. Here are our recommendations:
Best National Provider
SunPower
- 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
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 West Liberty
Factors that Affect Solar Panel Costs in West Liberty
Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that affect your total cost in West Liberty: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
The size of the solar panel system you need, 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 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. However, more efficient panels could save you more in the long run on your power bills. In addition, extra products, such as solar batteries, can bump up your total well above the West Liberty average.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That’s why many West Liberty homeowners choose to finance their solar panel systems to make paying for solar more affordable.You’ll have to consider the long-term cost of financing options, including the amount of 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 above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
Finally, the company you get to install your solar panel system can affect your pricing. West Liberty’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and choose a company that provides 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 | $12,607 | 14.5 years |
8 kW | $4.09 | $22,905 | $17,259 | 14.3 years |
10 kW | $4.01 | $28,070 | $22,135 | 14.0 years |
12 kW | $3.93 | $33,010 | $27,235 | 13.7 years |
14 kW | $3.85 | $37,726 | $32,561 | 13.4 years |
16 kW | $3.77 | $42,217 | $38,110 | 13.1 years |
18 kW | $3.69 | $46,484 | $43,885 | 12.9 years |
20 kW | $3.61 | $50,526 | $49,884 | 12.6 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running for a long time and save you money on repairs and maintenance.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Contract: It’s important to read through 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 project timeline.
Best National Provider
SunPower
- 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
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 West Liberty, IA Solar Cost FAQs
How much does it cost to install solar panels in West Liberty?
This is a tough question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $20,050 for a 5-kW system and $40,100 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient 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.
What other factors should I consider in addition to cost when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on power bills after installing solar panels?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in West Liberty, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in West Liberty?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.