Solar Panel Cost Guide in American Falls, ID (2024 Update)

  • American Falls Solar Installation Cost: $17,855
  • 25-Year Savings: $18,348
  • Payback Period: 14.1 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in American Falls

Find out what the average cost of installing solar panels is in American Falls.

Currently, the national average cost of solar panels is $2.66 per watt. However, in American Falls, the average cost of solar panels is 3 per watt.The average American Falls homeowner needs a 7.4-kilowatt system, which would cost about $17,855 with the federal tax credit, or $25,533 before the 0 tax credit is applied.

Bear in mind that the figures above are only estimates based on the average American Falls homeowner. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.But, after you've paid the upfront cost of installation, the payback for most homeowners is typically good, with a net average savings of about $16,000 over 20 years on energy bills.

To receive a free quote from a vetted solar installation company in American Falls, you can click the button below.

Solar savings over time in American Falls

Year Return on Investment
1 years $-16,693
3 years $-14,369
5 years $-12,045
7 years $-9,721
9 years $-7,397
11 years $-5,072
13 years $-2,748
15 years $-424
17 years $1,900
19 years $4,224
21 years $6,548
23 years $8,872
25 years $11,196

Top Solar Installers in American Falls

DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can take a lot of hard work. Using an installer can make swapping over to solar power much easier. A solar installer can also help save you money over time by offering warranties, repairs and system component replacements.

Working with a licensed solar installer can help your solar project go smoothly. Here are our recommendations:

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 Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Outstanding Local Installer

ES Solar

★★★★★
4.5

  • Representatives are experts on local policies
  • Lifetime workmanship warranty
  • Outstanding customer service
  • No leases or PPAs
  • Energy audits only available 12 months after installation

See all of the solar companies in American Falls

Factors that Affect Solar Panel Costs in American Falls

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 size of the solar system you need for your household, 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 $3,460. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like American Falls, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That’s why many American Falls homeowners decide to finance their solar panel systems to offset upfront costs.However, the interest on solar loans also increases your all-in costs, so it’s vital to consider that as well. You can always reduce the total you pay in interest and in some cases even your APR by making a larger down payment.

Solar Panel Installation Company

The solar company you pick will influence your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor.The company’s size sometimes plays the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because of more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down 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 $3.60 $15,113 $10,740 14.6 years
8 kW $3.53 $19,764 $14,707 14.3 years
10 kW $3.46 $24,220 $18,868 14.1 years
12 kW $3.39 $28,483 $23,223 13.8 years
14 kW $3.32 $32,552 $27,772 13.5 years
16 kW $3.25 $36,427 $32,515 13.2 years
18 kW $3.18 $40,108 $37,451 12.9 years
20 kW $3.11 $43,596 $42,581 12.6 years

How to Save on Solar Panels

There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:

  • Reputation: Solar installers that have great reviews from their customers and that have been operating for many years most likely provide quality solar panel installation and expertise.
  • Installation Process: Make sure you’re on the same page with the company in regard to how the installation process will go and what needs to be done before your solar system is installed, such as updating your electrical system or roof.
  • Warranty: Warranties that provide coverage for panel repairs and maintenance over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one sign of a quality company.
  • Solar Panel Brands: Different companies will carry various brands and models of panels. If you want a specific brand, make sure the solar installer you’re considering has it.

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 Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Outstanding Local Installer

ES Solar

★★★★★
4.5

  • Representatives are experts on local policies
  • Lifetime workmanship warranty
  • Outstanding customer service
  • No leases or PPAs
  • Energy audits only available 12 months after installation

EcoWatch's American Falls, ID Solar Cost FAQs

How much does it cost to install solar panels in American Falls?

This is a tough question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $17,300 for a 5-kW system and $34,600 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.

Is cost the most important consideration when buying solar panels?

The upfront cost is a key factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.

How will having solar panels impact my 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 American Falls is currently $291,732, which means you can look forward to a value of about $11,961 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in American Falls is a fruitful investment.

How many solar panels do I need 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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