Solar Panel Cost Guide in El Dorado, KS (Sep 2022)

  • El Dorado Solar Installation Cost: $13,507
  • 25-Year Savings: $29,813
  • Payback Period: 7.8 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in El Dorado

Find out what the average cost of installing solar panels is in El Dorado.

The national average cost of solar panels is $2.66 per watt, but in El Dorado it's $3 per watt. The average solar panel system size in El Dorado is around 7.5 kilowatts, meaning a cost of about $13,507 for a solar installation, or $9,995 after the 30% federal solar tax credit is applied.

How much you pay can be higher or lower than the average in El Dorado depending on a few factors, such as the brand of solar panels you choose and the solar installer you hire. With average savings of about $22,000 on electricity bills over 20 years, many homeowners in El Dorado find installing solar panels can be quite rewarding.

You can click the button below to get connected with a top solar company in El Dorado for a quote for your home.

Solar savings over time in El Dorado

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 El Dorado

Many homeowners choose to use a solar panel installer since figuring out how to install solar panels yourself can be a labor-intensive endeavor. Plus, if you aren't sure what brand of solar panels and equipment you want, a solar company can help you find the right equipment for you after a site survey and consultation.

You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some near you:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

The Green Panel

★★★★★
4.5

  • 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 El Dorado

Factors that Affect Solar Panel Costs in El Dorado

Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that affect your total cost in El Dorado: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.

Solar Equipment Size

System size is one of the largest factors that determines the overall cost of going solar. For that reason, it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like El Dorado, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Most solar companies in El Dorado provide solar loans, which reduce the initial cost of installing solar. Although solar loans make adopting solar energy more accessible for El Dorado homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

A final consideration when trying to estimate the cost of solar for your home or business in El Dorado is the company you hire to install your solar panel system. Similar to choosing a company to build a deck or pool, for example, you'll have no shortage of solar installers that offer a range of services at different price points. Additionally, some companies in El Dorado have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you 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

Solar Incentives in El Dorado

Name Renewable Energy Property Tax Exemption
Incentive Amount 100%
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

Since the kind of solar panels and the installation company you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:

  • Contract: Even though reading through a contract can take a lot of time, it's important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
  • Installation Process: An important thing to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you should know with your solar company, such as what permits you should secure and what the project timeline is.
  • Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Even though there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so be sure to peruse their list of options before making your decision.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

The Green Panel

★★★★★
4.5

  • 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 El Dorado, KS Solar Cost FAQs

How much does it cost to install solar panels in El Dorado?

This is a tough question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $12,950 for a 5-kW system and $25,900 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.

Can you get solar panels for free in El Dorado?

Solar panels aren't free in El Dorado, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.

Is going solar worth it?

Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and the amount of direct sunlight your roof gets.

How often do you have to replace solar panels?

Even 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 their energy production will have decreased significantly after that point. You can opt to replace them after having them for that long or you can keep using 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.

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