Solar Panel Cost Guide in Blackfoot, ID (2024 Update)
- Blackfoot Solar Installation Cost: $18,065
- 25-Year Savings: $18,687
- Payback Period: 14.0 Years
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Average Cost of Solar Panels in Blackfoot
We go over average solar pricing in Blackfoot.
The average cost of a solar panel system in Blackfoot is 3 per watt.The average Blackfoot homeowner needs a 7.5-kilowatt system, which would cost about $18,065 with the federal tax credit, or $25,833 before the 0 tax credit is applied.
These figures are just averages, and how much solar costs for you will differ based on the amount of energy your home requires and what company you choose to go with.Despite the large upfront cost, the average Blackfoot homeowner can save about $16,000 on their power bills over 20 years, which is one of the benefits of solar.
To get a free estimate from a highly rated solar installation company in Blackfoot, you can click the button below.
Solar savings over time in Blackfoot
| Year | Return on Investment |
|---|---|
| 1 years | $-16,903 |
| 3 years | $-14,579 |
| 5 years | $-12,254 |
| 7 years | $-9,930 |
| 9 years | $-7,606 |
| 11 years | $-5,282 |
| 13 years | $-2,958 |
| 15 years | $-634 |
| 17 years | $1,690 |
| 19 years | $4,014 |
| 21 years | $6,338 |
| 23 years | $8,662 |
| 25 years | $10,986 |
Top Solar Installers in Blackfoot
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Using a solar company can make converting to solar power much easier. Plus, warranties and repairs from your solar panel installer can protect your investment and reduce the cost of maintenance over time.
Working with a professional solar installer can make going solar easier. Here are our recommendations:
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 Blackfoot
Factors that Affect Solar Panel Costs in Blackfoot
There are many factors that can play into your 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
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,460. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Blackfoot, 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 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 energy bills over many years, but they can also be a significant investment. That’s why many Blackfoot homeowners choose to finance their solar panel systems to make going 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’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The final significant cost factor you should consider is the installer you choose. Given the booming popularity of renewable energy solutions in Blackfoot, you’ll have a great number of options to choose from, but each comes at different price points for labor and equipment.You may notice 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 promotions 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 | $3.60 | $15,113 | $10,839 | 14.6 years |
| 8 kW | $3.53 | $19,764 | $14,840 | 14.3 years |
| 10 kW | $3.46 | $24,220 | $19,034 | 14.0 years |
| 12 kW | $3.39 | $28,483 | $23,422 | 13.7 years |
| 14 kW | $3.32 | $32,552 | $28,004 | 13.4 years |
| 16 kW | $3.25 | $36,427 | $32,780 | 13.2 years |
| 18 kW | $3.18 | $40,108 | $37,749 | 12.9 years |
| 20 kW | $3.11 | $43,596 | $42,912 | 12.6 years |
How to Save on Solar Panels
Since the type of solar panels and the installation company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: When making the switch to solar power, it’s essential to keep an open line of communication with your solar panel company. Confirm that you understand how the installation process works and the project completion timeline.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can verify your installer’s reputation is by reading reviews.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Blackfoot, ID Solar Cost FAQs
What is the average cost of installing solar panels in Blackfoot?
The average cost of solar panels in Blackfoot is about $17,300 for a 5-kW system and $34,600 for a 10-kW system before the ITC, but the real cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost when buying solar panels?
Cost is a very important factor to consider, but whether it’s the most important for you depends on your goals for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Is it worth going solar in Blackfoot?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out what solar panel system size 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 usually produce about 250 to 400 watt-hours per hour, the average household 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.