Solar Panel Cost Guide in Shelley, ID (2023 Update)
- Shelley Solar Installation Cost: $13,575
- 25-Year Savings: $14,465
- Payback Period: 12.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Shelley
Let's take a look at the average cost of solar in Shelley.
In Shelley, solar panels cost about 2.6 per watt on average. To account for the typical energy usage of the average home in Shelley, most homeowners require a 7.5-kilowatt system. Using the figure above, a solar installation costs about $13,577, or $19,415 before 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 panel system. The true cost of installing solar panels can vary depending on a few factors, such as what size system you need, your energy usage and what company you go with. But, after you've paid the initial cost of installation, the savings for most homeowners is usually good, with a net average savings of about $14,000 over 20 years on power bills.
Click the button below to get connected to a highly rated solar company in your area for a custom estimate.
Solar savings over time in Shelley
| Year | Return on Investment |
|---|---|
| 1 years | $-13,481 |
| 3 years | $-13,294 |
| 5 years | $-13,107 |
| 7 years | $-12,920 |
| 9 years | $-12,733 |
| 11 years | $-12,547 |
| 13 years | $-12,360 |
| 15 years | $-12,173 |
| 17 years | $-11,986 |
| 19 years | $-11,799 |
| 21 years | $-11,612 |
| 23 years | $-11,425 |
| 25 years | $-11,238 |
Top Solar Installers in Shelley
Although it's possible to install solar panels yourself, it requires extra labor and expertise. That's one of the reasons most homeowners choose a solar panel installer. Since solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
Working with a professional solar company can help you make the most of your investment in solar. 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 Shelley
Factors that Affect Solar Panel Costs in Shelley
Though the average cost of a solar system in Shelley is $13,577, your actual cost may be higher or lower than that. There are several factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. For that reason, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your electric bills. In addition, add-on products, such as solar batteries, can bring your total well above the Shelley average.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That's why many Shelley homeowners opt to finance their solar panel systems to make going solar more affordable. When figuring out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Shelley is the company you hire to install your solar system. As with choosing a company to install new cabinets, for instance, you'll have many options for solar installers that offer a range of services for different budgets. You may come across national solar installers that have lower prices because of 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 | $2.70 | $11,357 | $11,199 | 12.6 years |
| 8 kW | $2.65 | $14,851 | $15,223 | 12.3 years |
| 10 kW | $2.60 | $18,200 | $19,393 | 12.1 years |
| 12 kW | $2.55 | $21,403 | $23,708 | 11.9 years |
| 14 kW | $2.50 | $24,461 | $28,169 | 11.6 years |
| 16 kW | $2.44 | $27,373 | $32,776 | 11.4 years |
| 18 kW | $2.39 | $30,139 | $37,528 | 11.1 years |
| 20 kW | $2.34 | $32,760 | $42,426 | 10.9 years |
How to Save on Solar Panels
There are numerous companies available in Shelley, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Read the contract terms carefully to make sure you understand the cost breakdown, project completion timeline rebates and warranties.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 $13,000 for a 5-kW system and $26,000 for a 10-kW system before the ITC, but the actual cost will depend on things like the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Shelley?
You can't get solar panels for free in Shelley. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Is going solar worth it?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and how much direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
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.