Solar Panel Cost Guide in St. Anthony, ID (2023 Update)
- St. Anthony Solar Installation Cost: $13,677
- 25-Year Savings: $19,640
- Payback Period: 10.3 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in St. Anthony
We go over average solar pricing in St. Anthony.
In St. Anthony, solar panels cost about 2.6 per watt on average. To cover the typical energy needs of the average home in St. Anthony, most homeowners require a 7.5-kilowatt system. Using the per-watt figure above, a solar installation costs about $13,668, or $19,545 before the federal solar tax credit of 30% is applied.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy use, the type of equipment you want to get, your solar contractor and more. Many homeowners find installing solar panels is a solid investment. The average homeowner in St. Anthony can save around $17,000 on their power bills over 20 years.
You can click the button below to get connected with a vetted solar company in St. Anthony that can help you get a more accurate cost estimate for your home.
Solar savings over time in St. Anthony
| Year | Return on Investment |
|---|---|
| 1 years | $-13,566 |
| 3 years | $-13,344 |
| 5 years | $-13,122 |
| 7 years | $-12,900 |
| 9 years | $-12,677 |
| 11 years | $-12,455 |
| 13 years | $-12,233 |
| 15 years | $-12,011 |
| 17 years | $-11,789 |
| 19 years | $-11,567 |
| 21 years | $-11,345 |
| 23 years | $-11,123 |
| 25 years | $-10,900 |
Top Solar Installers in St. Anthony
Although it's possible to install solar panels by yourself, it requires extra time and expertise. That's one of the reasons the majority of homeowners choose a solar panel installer. The expertise that solar companies offer can be helpful as well, especially if you aren't sure what kind of solar equipment would be right for your home.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some in St. Anthony:
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 St. Anthony
Factors that Affect Solar Panel Costs in St. Anthony
Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that determine your overall cost in St. Anthony: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
The cost of solar panel systems 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 production use 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 $2,600. The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That's why many St. Anthony homeowners decide to finance their solar panel systems to make paying for solar more affordable. However, the interest on solar loans also adds to your all-in costs, so it's vital to include that in your estimate as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar panel installation company you pick will impact your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Companies that only sell high-quality, high-efficiency and high-price products — 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 offers the products, warranties and services you want and also fits 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 | $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
Since the brand of solar panels and the company you choose significantly impacts your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: If you're worried about the longevity of your solar energy system, verifying that your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you hire.
- Contract: Review the contract terms carefully to make sure you understand the cost breakdown, completion timeline rebates and warranties.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's St. Anthony, ID Solar Cost FAQs
How much does it cost to install solar panels in St. Anthony?
This is a difficult question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $13,000 for a 5-kW system and $26,000 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional 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.
Are solar panels free in St. Anthony?
You can't get solar panels for free in St. Anthony. However, you may still be able to get 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.
Can solar panels eliminate my electricity bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in St. Anthony, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can 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 buy 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.