Solar Panel Cost Guide in Chubbuck, ID (Sep 2022)

  • Chubbuck Solar Installation Cost: $13,268
  • 25-Year Savings: $18,497
  • Payback Period: 10.4 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 Chubbuck

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

Currently, the national average cost of solar panels is $2.66 per watt. However, in Chubbuck, the average cost of solar panels is $3 per watt. To cover the typical energy usage of the average home in Chubbuck, most homeowners require a 7.3-kilowatt system. Using the figure above, a solar installation costs about $13,268, or $9,818 after the federal solar tax credit of 30% is applied.

The prices above are just estimates to give you an idea of the cost of a solar energy system. The exact cost of making the switch to solar can vary quite a bit depending on multiple factors, such as how many panels you need, your energy usage and what company you go with. Despite the large upfront cost, the average Chubbuck homeowner can save about $17,000 on their electricity bills over 20 years, which is one of the advantages of solar.

Click the button below to get connected to a highly rated solar installer in Chubbuck for a personalized estimate.

Solar savings over time in Chubbuck

Year Return on Investment
1 years $-11,997
3 years $-9,456
5 years $-6,915
7 years $-4,374
9 years $-1,832
11 years $709
13 years $3,250
15 years $5,791
17 years $8,332
19 years $10,873
21 years $13,415
23 years $15,956
25 years $18,497

Top Solar Installers in Chubbuck

Although it's possible to install solar panels on your own, it requires extra energy and knowledge. Because of that, almost all homeowners choose to hire a solar panel installer. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and system component replacements.

There are several licensed solar professionals that can help you install your solar system. Here are our suggestions:

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 (coming 2022)

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 Chubbuck

Factors that Affect Solar Panel Costs in Chubbuck

There are a number of criteria that can influence 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 system.

Solar Equipment Size

When it comes to estimating the price of a solar system in Chubbuck, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy usage, which you can figure out by looking at past power bills. Your total cost can increase by around $2,600 for each additional kilowatt you need. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Chubbuck, where sunlight is abundant, efficiency can quickly pay off. Plus, 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

Many homeowners find the average cost of solar in Chubbuck to be prohibitively expensive, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans greatly 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 adds to your total costs, so it's important to include that in your estimate as well. You can always lower the total you pay in interest and sometimes even your APR by putting more money down.

Solar Panel Installation Company

The solar installer you go with to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar panel companies operating in Chubbuck, and each can charge different amounts 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 due to access to greater resources and bulk 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 lower to compete with bigger companies.

Solar Panel Cost Data by System Size

System size Cost per system watt Solar system cost 25-Year savings Payback period
6 kW $2.70 $11,357 $14,802 10.9 years
8 kW $2.65 $14,851 $20,027 10.6 years
10 kW $2.60 $18,200 $25,398 10.4 years
12 kW $2.55 $21,403 $30,914 10.2 years
14 kW $2.50 $24,461 $36,576 10.0 years
16 kW $2.44 $27,373 $42,383 9.8 years
18 kW $2.39 $30,139 $48,337 9.6 years
20 kW $2.34 $32,760 $54,435 9.4 years

Solar Incentives in Chubbuck

Name Low-Interest Energy Loan Programs
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More Info Click here

Name Idaho Falls Power - Residential Energy Efficiency Rebate Program
Website Visit here
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Name Residential Alternative Energy Tax Deduction
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Name Residential Renewable Energy Tax Credit
Website Visit here
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How to Save on Solar Panels

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

  • Contract: When reading through your solar company's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios like a system part breaking or the company going out of business.
  • Installation Process: When making the switch to solar power, it's important to maintain an open line of communication with your solar company. Confirm that you understand how the installation process works and the project timeline.
  • Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years most likely offer high-quality solar panel installation and expertise.
  • Solar Panel Brands: The brand of solar panel you want plays a part in which installer you should go with, since different companies have different panels.

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 (coming 2022)

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 Chubbuck, ID Solar Cost FAQs

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

The average cost of solar panels in Chubbuck is about $13,000 for a 5-kW system and $26,000 for a 10-kW system before the ITC, but the real cost will depend on things like the type of solar panels you want, what size system you need and how much energy you consume.

Should I lease or buy solar panels in Chubbuck?

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 home 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 Chubbuck?

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

How long do solar panels last in Chubbuck?

Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them after having them for that long or you can keep using them at a lower efficiency.

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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