Solar Panel Cost Guide in Jerome, ID (2025 Update)
- Jerome Solar Installation Cost: $17,643
- 25-Year Savings: $17,736
- Payback Period: 14.2 Years
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Average Cost of Solar Panels in Jerome
We go over average solar pricing in Jerome.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Jerome, the average cost of solar panels is 3 per watt.Since a 7.3-kW system is needed to cover the energy usage of a typical home in Jerome, the average price of going solar will be about $17,643 after claiming the federal solar tax credit of 0.
Remember that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy needs, the type of equipment you want to get, your solar contractor and more.With average savings of about $17,000 on power bills over 20 years, many homeowners in Jerome find going solar has a decent ROI.
You can click the button below to get connected with a top solar company in Jerome for a quote for your home.
Solar savings over time in Jerome
Year | Return on Investment |
---|---|
1 years | $-16,481 |
3 years | $-14,157 |
5 years | $-11,833 |
7 years | $-9,509 |
9 years | $-7,185 |
11 years | $-4,861 |
13 years | $-2,537 |
15 years | $-213 |
17 years | $2,112 |
19 years | $4,436 |
21 years | $6,760 |
23 years | $9,084 |
25 years | $11,408 |
Top Solar Installers in Jerome
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Using a solar panel installer can make converting to solar power much easier. Plus, warranties and repairs from your solar panel installer can protect your investment and lower the cost of maintenance over the lifespan of your panels.
There are various licensed solar professionals that can help you install your solar system. 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 Jerome
Factors that Affect Solar Panel Costs in Jerome
Though the average cost of a solar system in Jerome is $17,643, your actual cost may be higher or lower than that. There are quite a few factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to consider.
Solar Equipment
When it comes to estimating the price of a solar energy system in Jerome, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy usage, which you can determine by looking at past energy bills. Your overall cost can increase by around $3,460 for each additional kilowatt you need.There are many different solar panel brands and the one you pick also affects the cost. Typically, the brands that have better efficiency tend to also be more expensive. Plus, the type of equipment you’re looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Jerome to be too expensive, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to higher prices over time because of interest.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 reduce the total interest paid over time.
Solar Panel Installation Company
The solar installer you choose will influence your total cost to go solar. Different companies will bill different amounts for the equipment and labor.You may see national solar installers that have lower prices due to their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $10,415 | 14.8 years |
8 kW | $3.53 | $19,764 | $14,274 | 14.5 years |
10 kW | $3.46 | $24,220 | $18,327 | 14.2 years |
12 kW | $3.39 | $28,483 | $22,573 | 13.9 years |
14 kW | $3.32 | $32,552 | $27,014 | 13.7 years |
16 kW | $3.25 | $36,427 | $31,648 | 13.4 years |
18 kW | $3.18 | $40,108 | $36,476 | 13.1 years |
20 kW | $3.11 | $43,596 | $41,498 | 12.8 years |
How to Save on Solar Panels
The solar company you opt for will be a major factor in determining not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should consider, including:
- Solar Panel Brands: The kind of solar panel you’d like plays a part in which installer you should choose, since different companies have different panels.
- Contract: Review the contract terms carefully to make sure you understand how much it will cost, completion timeline incentives and warranties.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panel system running smoothly and save you money on repairs and maintenance.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years likely provide quality solar panel installation and expertise.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Jerome, ID Solar Cost FAQs
How much does it cost to install solar panels in Jerome?
The average cost of solar panels in Jerome 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 things like the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Jerome?
Solar panels aren’t free in Jerome, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Can solar panels eliminate my power bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Jerome, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Jerome?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can replace them once you've had them for that long or you can continue to use 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.