Solar Panel Cost Guide in St Anthony, ID (Mar 2023)
- St Anthony Solar Installation Cost: $13,668
- 25-Year Savings: $19,649
- Payback Period: 10.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in St Anthony
Let's have a look at the average cost of solar in St Anthony.
The national average cost of solar panels is $2.66 per watt, but in St Anthony it's 2.6 per watt. The average solar panel system size in St Anthony is around 7.5 kilowatts, meaning a cost of about $13,668 for a solar installation, or $19,545 before the 30% federal solar tax credit is applied.
The true cost of your system can go above or below the average in St Anthony depending on several factors, such as the type of solar panels you choose and the solar installer you hire. Many homeowners find adopting solar power is a solid investment. The average homeowner in St Anthony can save about $17,000 on their electricity bills over 20 years.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in St Anthony
| Year | Return on Investment |
|---|---|
| 1 years | $-12,335 |
| 3 years | $-9,670 |
| 5 years | $-7,005 |
| 7 years | $-4,339 |
| 9 years | $-1,674 |
| 11 years | $992 |
| 13 years | $3,657 |
| 15 years | $6,322 |
| 17 years | $8,988 |
| 19 years | $11,653 |
| 21 years | $14,319 |
| 23 years | $16,984 |
| 25 years | $19,649 |
Top Solar Installers in St Anthony
Many homeowners opt for a solar installer since trying to install solar panels on your own can be hard. Plus, if you aren't sure what brand of solar panels and equipment you may need, a solar company can help you figure that out after a site survey and consultation.
Working with a vetted solar company can make going solar easier. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
See all of the solar companies in St Anthony
Factors that Affect Solar Panel Costs in St Anthony
The cost of installing a solar system in St Anthony can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the cost of solar panels in St Anthony, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy consumption, which you can determine 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 — are more costly upfront but also tend to offer better efficiency. In a city like St Anthony, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, 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
Most solar companies in St Anthony provide solar loans, which reduce your upfront costs of installing solar. However, the interest on solar loans also increases your overall costs, so it's vital to keep that in mind as well. You can always bring down the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you choose to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar panel companies in St Anthony, and each can charge different amounts for labor and equipment. You may see 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 larger 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 | $15,244 | 10.7 years |
| 8 kW | $2.65 | $14,851 | $20,617 | 10.5 years |
| 10 kW | $2.60 | $18,200 | $26,135 | 10.3 years |
| 12 kW | $2.55 | $21,403 | $31,799 | 10.1 years |
| 14 kW | $2.50 | $24,461 | $37,609 | 9.9 years |
| 16 kW | $2.44 | $27,373 | $43,564 | 9.6 years |
| 18 kW | $2.39 | $30,139 | $49,664 | 9.4 years |
| 20 kW | $2.34 | $32,760 | $55,911 | 9.2 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 kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should keep in mind, including:
- Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running for a long time and save you money on part replacement and repairs.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
- Contract: Before signing a contract with a solar installer, make sure to look it over completely so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you opt for.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
EcoWatch's St Anthony, ID Solar Cost FAQs
How much does it cost to install solar panels in St Anthony?
The average cost of solar panels in St Anthony 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 certain factors like the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in St Anthony?
Solar panels aren't free in St Anthony, 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 help lower the cost.
Can you sell solar power back to the grid in St Anthony?
Each state has some kind 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 give you credit toward your future electricity bills.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce 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.