Solar Panel Cost Guide in Ammon, ID (2024 Update)
- Ammon Solar Installation Cost: $17,946
- 25-Year Savings: $15,974
- Payback Period: 15.2 Years
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Average Cost of Solar Panels in Ammon
Here’s how much it might cost to go solar in Ammon.
The national average cost of solar panels is $2.66 per watt, but in Ammon it’s 3 per watt.To account for the typical energy needs of the average home in Ammon, most homeowners require a 7.4-kilowatt system. Using the per-watt figure above, a solar installation costs around $17,946, or $25,663 before the federal solar tax credit of 0 is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy use, the type of equipment you choose, your solar contractor and more.Despite the large upfront cost, the average Ammon homeowner can save around $15,000 on their energy bills over 20 years, which is one of the advantages of solar.
You can click the button below to get connected with a top solar installer in Ammon that can help you get a more accurate cost estimate for your home.
Solar savings over time in Ammon
| Year | Return on Investment |
|---|---|
| 1 years | $-16,747 |
| 3 years | $-14,350 |
| 5 years | $-11,952 |
| 7 years | $-9,554 |
| 9 years | $-7,157 |
| 11 years | $-4,759 |
| 13 years | $-2,361 |
| 15 years | $36 |
| 17 years | $2,434 |
| 19 years | $4,832 |
| 21 years | $7,229 |
| 23 years | $9,627 |
| 25 years | $12,025 |
Top Solar Installers in Ammon
Many homeowners decide to hire a solar installation company since figuring out how to install solar panels by yourself can be hard. In addition, if you’d like to maximize your investment in solar energy, opting for a solar company can help with that too. Different providers can offer warranties, expertise on installation and sometimes even information on local incentives.
There are several licensed solar professionals that can help you install your solar panels. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Ammon
Factors that Affect Solar Panel Costs in Ammon
There are a number of factors that can play into your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Ammon, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy usage, which you can gauge by looking at past power bills. Your total cost can increase by around $3,460 for each additional kilowatt you need.The brand of solar panels and equipment you get is another factor that will substantially affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment is more than just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that’s in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Ammon to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area provides access to financing options. Solar loans remarkably decrease upfront costs in most cases, but they also lead to a higher cost over time due to interest.However, the interest on solar loans also increases your overall costs, so it’s vital to include that in your estimate as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The final significant cost factor you should keep in mind is the installer you choose. Given the booming popularity of sustainable energy solutions in Ammon, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.The size of the company sometimes plays the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing because of greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower 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 | $8,741 | 15.8 years |
| 8 kW | $3.53 | $19,764 | $12,043 | 15.5 years |
| 10 kW | $3.46 | $24,220 | $15,538 | 15.2 years |
| 12 kW | $3.39 | $28,483 | $19,227 | 14.9 years |
| 14 kW | $3.32 | $32,552 | $23,109 | 14.6 years |
| 16 kW | $3.25 | $36,427 | $27,186 | 14.3 years |
| 18 kW | $3.18 | $40,108 | $31,456 | 14.0 years |
| 20 kW | $3.11 | $43,596 | $35,920 | 13.7 years |
How to Save on Solar Panels
There are a lot of companies available in Ammon, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you opt for.
- 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.
- Installation Process: Make sure you’re on the same page with the installer in regard to how the installation process will go and what you need to do before your solar panels are installed, such as repairing your electrical system or roof.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Ammon, ID Solar Cost FAQs
How much does it cost to install solar panels in Ammon?
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. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.
What other factors should I consider in addition to cost when buying solar panels?
The initial cost is a crucial factor to consider, but whether it’s the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Can solar panels significantly reduce my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $795.16 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
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.