Solar Panel Cost Guide in Shelley, ID (2024 Update)
- Shelley Solar Installation Cost: $18,065
- 25-Year Savings: $14,465
- Payback Period: 16.1 Years
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Average Cost of Solar Panels in Shelley
We break down average solar pricing in Shelley.
In Shelley, solar panels cost about 3 per watt on average.The average solar panel system size in Shelley is around 7.5 kilowatts, meaning a cost of about $18,065 for a solar installation, or $25,833 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. 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 consumption and what solar installer you go with.Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Shelley can save about $14,000 on their energy bills over 20 years.
Click the button below to get connected to a vetted solar installer in your area for a customized estimate.
Solar savings over time in Shelley
| 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 Shelley
Many homeowners opt for a solar installation company since trying to install solar panels yourself can be a labor-intensive endeavor. Another great thing about using a reliable solar installer is that it'll likely provide warranties and free repairs, which help protect your solar system over time.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some in Shelley:
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
Solar Veteran
Creative Energies
- Certified B Corp
- Outstanding customer service
- Many years of experience
- Multitude of products and services
- No leases or PPAs
- Slightly expensive
See all of the solar companies in Shelley
Factors that Affect Solar Panel Costs in Shelley
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few primary factors that affect your total cost in Shelley: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That’s why it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.The type of solar panels and equipment you choose is another factor that will significantly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Further, solar equipment goes beyond 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 looking for a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That’s why many Shelley homeowners decide to finance their solar panel systems to offset upfront costs.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you can only 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 finding a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The last significant cost factor you should consider is the installer you choose. Given the booming popularity of sustainable energy solutions in Shelley, you’ll have many options to choose from, but each comes at different price points for labor and equipment.The company’s size sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to more 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 down 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 | $3.60 | $15,113 | $7,443 | 16.8 years |
| 8 kW | $3.53 | $19,764 | $10,311 | 16.4 years |
| 10 kW | $3.46 | $24,220 | $13,373 | 16.1 years |
| 12 kW | $3.39 | $28,483 | $16,629 | 15.8 years |
| 14 kW | $3.32 | $32,552 | $20,079 | 15.5 years |
| 16 kW | $3.25 | $36,427 | $23,722 | 15.1 years |
| 18 kW | $3.18 | $40,108 | $27,559 | 14.8 years |
| 20 kW | $3.11 | $43,596 | $31,590 | 14.5 years |
How to Save on Solar Panels
The solar company you opt for will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, such as:
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should acquire and how long the project will take.
- 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.
- Contract: When looking over 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 such as a system component breaking or the company going out of business.
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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
Solar Veteran
Creative Energies
- Certified B Corp
- Outstanding customer service
- Many years of experience
- Multitude of products and services
- No leases or PPAs
- Slightly expensive
EcoWatch's Shelley, ID Solar Cost FAQs
How much does it cost to install solar panels in Shelley?
The average cost of solar panels in Shelley 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 such as the model of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to consider when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Shelley have a net metering program?
Most states offer net metering programs of some kind. Through these, you can either be compensated for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Shelley?
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 how much energy they produce will have decreased significantly after that point. You can decide 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.