Solar Panel Cost Guide in Chanute, KS (2024 Update)
- Chanute Solar Installation Cost: $17,779
- 25-Year Savings: $27,030
- Payback Period: 10.9 Years
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Average Cost of Solar Panels in Chanute
Find out what the average cost of solar panels are in Chanute.
The national average cost of solar panels is $2.66 per watt, but in Chanute it’s 3 per watt.Because a 7.6-kW system is needed to cover the energy usage of a typical home in Chanute, the average price of going solar will be about $17,779 after claiming the federal solar tax credit of 0.
How much you pay can be above or below the average in Chanute based on several factors, such as the kind of solar panels you choose and the solar installer you hire.Even with the high initial cost, the average Chanute homeowner can save around $20,000 on their electricity bills over 20 years, which is one of the positives of solar.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Chanute
| Year | Return on Investment |
|---|---|
| 1 years | $-16,443 |
| 3 years | $-13,771 |
| 5 years | $-11,099 |
| 7 years | $-8,427 |
| 9 years | $-5,754 |
| 11 years | $-3,082 |
| 13 years | $-410 |
| 15 years | $2,262 |
| 17 years | $4,934 |
| 19 years | $7,606 |
| 21 years | $10,278 |
| 23 years | $12,951 |
| 25 years | $15,623 |
Top Solar Installers in Chanute
When making the switch to solar, many homeowners choose to use a solar installation company since installing solar panels yourself can be a challenging project. Solar installers offer key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
If you're searching for a solar company in Chanute, the EcoWatch team has put together 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 Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Chanute
Factors that Affect Solar Panel Costs in Chanute
There are several criteria that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. That’s why it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.The model of solar panels and equipment you want is another factor that will greatly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that’s in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Chanute to be too costly, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in higher prices over time due to interest.Even though solar loans make going solar more accessible for Chanute homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar panel installer you select will impact your total cost to go solar. Different companies will bill different amounts for the equipment and labor.The size of the company can sometimes play the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.47 | $14,589 | $17,616 | 11.3 years |
| 8 kW | $3.41 | $19,078 | $23,862 | 11.1 years |
| 10 kW | $3.34 | $23,380 | $30,296 | 10.9 years |
| 12 kW | $3.27 | $27,495 | $36,916 | 10.7 years |
| 14 kW | $3.21 | $31,423 | $43,723 | 10.5 years |
| 16 kW | $3.14 | $35,164 | $50,718 | 10.2 years |
| 18 kW | $3.07 | $38,717 | $57,899 | 10.0 years |
| 20 kW | $3.01 | $42,084 | $65,267 | 9.8 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Although there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of options before making your decision.
- Installation Process: When going solar, it’s essential to maintain an open line of communication with your solar panel installer. Confirm that you understand how the installation process works and the project completion timeline.
- Contract: Look through the contract terms carefully to make sure you understand the overall cost, project completion timeline rebates and warranties.
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Chanute, KS Solar Cost FAQs
What is the average cost of installing solar panels in Chanute?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $16,700 for a 5-kW system and $33,400 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Chanute?
Solar panels aren’t free in Chanute, 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 solar panels eliminate my power bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Chanute, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.