Solar Panel Cost Guide in Andover, KS (2023 Update)
- Andover Solar Installation Cost: $13,507
- 25-Year Savings: $29,813
- Payback Period: 7.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Andover
Find out what the average cost of a solar system is in Andover.
The national average cost of solar panels is $2.66 per watt, but in Andover it's 2.59 per watt. The average solar panel system size in Andover is around 7.5 kilowatts, meaning a cost of about $13,507 for a solar installation, or $19,315 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The exact cost of installing solar panels can vary quite a bit based on multiple factors, such as how many panels you need, your energy consumption and what company you go with. Despite the large initial cost, the average Andover homeowner can save about $22,000 on their power bills over 20 years, which is one of the perks of solar.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Andover
| Year | Return on Investment |
|---|---|
| 1 years | $-11,774 |
| 3 years | $-8,308 |
| 5 years | $-4,843 |
| 7 years | $-1,377 |
| 9 years | $2,088 |
| 11 years | $5,554 |
| 13 years | $9,020 |
| 15 years | $12,485 |
| 17 years | $15,951 |
| 19 years | $19,416 |
| 21 years | $22,882 |
| 23 years | $26,348 |
| 25 years | $29,813 |
Top Solar Installers in Andover
Although it's possible to install solar panels by yourself, it requires extra effort and knowledge. For that reason, the majority of homeowners choose a solar panel installer. The expertise that solar installers offer can be useful as well, especially if you aren't sure what kind of solar equipment you need.
If you're looking for a solar company in Andover, the EcoWatch team has compiled a list of our top suggestions here:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Andover
Factors that Affect Solar Panel Costs in Andover
For many Andover homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Andover, with typical prices between $20,000 to $40,000. There are a few factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production need 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 $2,590. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Andover, where sunlight is relatively abundant, efficiency can quickly pay off. Also, 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
If paying for a solar system in cash is too expensive, solar loans are an affordable choice because they decrease your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. However, the interest on solar loans also adds to your total costs, so it's vital to include that in your estimate as well. You can always lower the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies in Andover, and each can charge varying amounts for labor and equipment. Additionally, some companies in Andover are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.69 | $11,313 | $23,566 | 8.1 years |
| 8 kW | $2.64 | $14,794 | $31,712 | 8.0 years |
| 10 kW | $2.59 | $18,130 | $40,002 | 7.8 years |
| 12 kW | $2.54 | $21,321 | $48,438 | 7.6 years |
| 14 kW | $2.49 | $24,367 | $57,018 | 7.5 years |
| 16 kW | $2.43 | $27,268 | $65,744 | 7.3 years |
| 18 kW | $2.38 | $30,023 | $74,614 | 7.2 years |
| 20 kW | $2.33 | $32,634 | $83,630 | 7.0 years |
How to Save on Solar Panels
The solar company you choose will affect not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should keep in mind, including:
- Warranty: Warranties that cover panel repairs and maintenance over around 25 years are the gold standard in the business, and offering such a warranty is one sign of a good company.
- Solar Panel Brands: Different companies offer different brands and models of panels. If you prefer a specific brand, make sure the solar company you're considering has it.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Contract: Although reading through a contract can be tedious, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Andover, KS Solar Cost FAQs
What is the average cost of installing solar panels in Andover?
The average cost of solar panels in Andover is about $12,950 for a 5-kW system and $25,900 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Andover?
Leasing solar panels can be an attractive choice, as it commonly comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.
Can solar panels completely eradicate my energy bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Andover, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
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 opt to 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.