Solar Panel Cost Guide in Emmett, ID (2024 Update)
- Emmett Solar Installation Cost: $18,122
- 25-Year Savings: $17,375
- Payback Period: 14.6 Years
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Average Cost of Solar Panels in Emmett
Let’s take a look at the average cost of solar panels in Emmett.
In Emmett, solar panels cost about 3 per watt on average.The average Emmett homeowner needs a 7.5-kilowatt system, which would cost about $18,122 with the federal tax credit, or $25,914 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The actual cost of installing solar panels can vary depending on several factors, such as how many panels you need, your energy usage and what company you go with.With typical savings of about $17,000 on power bills over 20 years, many homeowners in Emmett find installing solar panels can be quite rewarding.
Click the button below to get connected to a vetted solar installer in your area for a customized estimate.
Solar savings over time in Emmett
| Year | Return on Investment |
|---|---|
| 1 years | $-16,960 |
| 3 years | $-14,636 |
| 5 years | $-12,312 |
| 7 years | $-9,988 |
| 9 years | $-7,664 |
| 11 years | $-5,340 |
| 13 years | $-3,016 |
| 15 years | $-692 |
| 17 years | $1,632 |
| 19 years | $3,956 |
| 21 years | $6,280 |
| 23 years | $8,604 |
| 25 years | $10,928 |
Top Solar Installers in Emmett
When switching to solar energy, many homeowners choose to hire a solar company since putting up a solar system yourself can be a challenging project. Companies can also have access to a large variety of the best solar panels and help you decide which one will be best for your home.
If you're on the hunt for a solar installer in Emmett, we've organized a list of our top suggestions here:
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 Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Outstanding Local Installer
ES Solar
- 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 Emmett
Factors that Affect Solar Panel Costs in Emmett
Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few key factors that affect your total cost in Emmett: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,460.The type of solar panels and equipment you get is another factor that will greatly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Moreover, solar equipment consists of more than just the solar panels themselves. You’ll also need to think about 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 falls within your budget.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a big investment. That’s why many Emmett homeowners decide to finance their solar panel systems to make paying for solar more affordable.When figuring out your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The final key cost factor you should keep in mind is the installer you choose. Given the booming popularity of sustainable energy solutions in Emmett, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.Companies that 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 decide on the company that has the products, warranties and services you want and also is 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 | $3.60 | $15,113 | $9,739 | 15.2 years |
| 8 kW | $3.53 | $19,764 | $13,373 | 14.9 years |
| 10 kW | $3.46 | $24,220 | $17,201 | 14.6 years |
| 12 kW | $3.39 | $28,483 | $21,223 | 14.3 years |
| 14 kW | $3.32 | $32,552 | $25,438 | 14.0 years |
| 16 kW | $3.25 | $36,427 | $29,847 | 13.7 years |
| 18 kW | $3.18 | $40,108 | $34,450 | 13.4 years |
| 20 kW | $3.11 | $43,596 | $39,247 | 13.2 years |
How to Save on Solar Panels
Since the type of solar panels and the company you choose significantly affects 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: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Different companies will offer different brands and types of panels. If you prefer a specific brand, make sure the solar panel installer you’re considering has it.
- Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like 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 Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Outstanding Local Installer
ES Solar
- 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 Emmett, ID Solar Cost FAQs
How much does it cost to install solar panels in Emmett?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Generally 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 be more expensive if you want other solar equipment or more efficient panels, or if you have above-average energy consumption. On the other hand, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Emmett?
Solar panels aren’t free in Emmett, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
How will installing solar panels impact my property value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Emmett is currently $429,079, so you could be looking at a value of about $17,592 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Emmett is a worthwhile investment.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses 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 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.