Solar Panel Cost Guide in Bonner Springs, KS (2023 Update)
- Bonner Springs Solar Installation Cost: $14,307
- 25-Year Savings: $26,889
- Payback Period: 8.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Bonner Springs
Let's have a look at the average cost of solar in Bonner Springs.
In Bonner Springs, solar panels cost about 2.59 per watt on average. The average Bonner Springs homeowner needs a 7.9-kilowatt system, which would cost about $14,305 with the federal tax credit, or $20,456 before the 30% tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of going solar can vary depending on a few factors, such as what size system you need, your energy usage and what company you go with. Many homeowners find going solar is a sound investment. The average homeowner in Bonner Springs can save about $20,000 on their energy bills over 20 years.
To get a free estimate from a vetted solar installer in Bonner Springs, you can click the button below.
Solar savings over time in Bonner Springs
| Year | Return on Investment |
|---|---|
| 1 years | $-12,936 |
| 3 years | $-10,195 |
| 5 years | $-7,453 |
| 7 years | $-4,712 |
| 9 years | $-1,970 |
| 11 years | $771 |
| 13 years | $3,513 |
| 15 years | $6,254 |
| 17 years | $8,996 |
| 19 years | $11,737 |
| 21 years | $14,479 |
| 23 years | $17,220 |
| 25 years | $19,962 |
Top Solar Installers in Bonner Springs
Trying to install solar panels yourself can be a challenging task, which is why getting a solar installation company is a good option for many homeowners. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long run because of their warranties, repair services and expert design.
Working with a professional solar installer can help your solar project go smoothly. 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 Bonner Springs
Factors that Affect Solar Panel Costs in Bonner Springs
For many Bonner Springs homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Bonner Springs, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it's important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use. There are a lot of different solar panel brands and the one you choose also affects the cost. Typically, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Bonner Springs provide solar loans, which reduce the initial cost of installing a solar system. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The remaining significant cost factor you should keep in mind is the installer you choose. Given the booming popularity of clean energy solutions in Bonner Springs, you'll have plenty of options to choose from, but each comes at different price points for labor and equipment. Companies that only sell products with high efficiency and therefore a higher price point — 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 is 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 | $2.69 | $11,313 | $20,009 | 9.0 years |
| 8 kW | $2.64 | $14,794 | $26,969 | 8.9 years |
| 10 kW | $2.59 | $18,130 | $34,074 | 8.7 years |
| 12 kW | $2.54 | $21,321 | $41,324 | 8.5 years |
| 14 kW | $2.49 | $24,367 | $48,718 | 8.3 years |
| 16 kW | $2.43 | $27,268 | $56,258 | 8.2 years |
| 18 kW | $2.38 | $30,023 | $63,943 | 8.0 years |
| 20 kW | $2.33 | $32,634 | $71,773 | 7.8 years |
How to Save on Solar Panels
The solar panel company you choose will impact not only your total costs, but also the types 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:
- Contract: Read the contract terms thoroughly to make sure you understand how much it will cost, project completion timeline rebates and warranties.
- Installation Process: Make sure you're on the same page with the installer in regard to how the installation process will go and what you need to do before your solar panels are installed, such as repairing your electrical system or roof.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to do the job well. Another way you can verify your installer's reputation is by reading reviews.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. While there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so be sure to take a look at their list of options before deciding.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Bonner Springs, KS Solar Cost FAQs
What is the average cost of installing solar panels in Bonner Springs?
The average cost of solar panels in Bonner Springs is about $12,950 for a 5-kW system and $25,900 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 use.
Should I lease or buy solar panels in Bonner Springs?
Leasing solar panels can be an attractive choice, because 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 get the most savings.
Can you sell solar power back to the grid in Bonner Springs?
The majority of states have net metering programs of some kind. Through these, you can either get paid for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
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 the amount of 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 buy between 20 and 35 panels to cover 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.