Solar Panel Cost Guide in Goodland, KS (2024 Update)
- Goodland Solar Installation Cost: $16,786
- 25-Year Savings: $27,788
- Payback Period: 10.3 Years
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Average Cost of Solar Panels in Goodland
Find out what the average cost of a solar system is in Goodland.
In Goodland, solar panels cost about 3 per watt on average.The average solar panel system size in Goodland is around 7.2 kilowatts, meaning a cost of about $16,786 for a solar installation, or $24,004 before the 0 federal solar tax credit is applied.
The true price you pay can be higher or lower than the average in Goodland depending on several factors, such as the model of solar panels you choose and the solar installer you hire.But, after you've paid the upfront cost of installation, the ROI for most homeowners is typically good, with a net average savings of about $22,000 over 20 years on power bills.
To receive a free estimate from a top solar installer in Goodland, you can click the button below.
Solar savings over time in Goodland
| Year | Return on Investment |
|---|---|
| 1 years | $-15,488 |
| 3 years | $-12,892 |
| 5 years | $-10,297 |
| 7 years | $-7,701 |
| 9 years | $-5,106 |
| 11 years | $-2,510 |
| 13 years | $85 |
| 15 years | $2,681 |
| 17 years | $5,276 |
| 19 years | $7,872 |
| 21 years | $10,467 |
| 23 years | $13,063 |
| 25 years | $15,658 |
Top Solar Installers in Goodland
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Going with an installer can make your swap to solar power much easier. Solar warranties and repairs are usually included in the cost of installation when you opt for a solar contractor as well, which can save you more money after your initial investment.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Goodland
Factors that Affect Solar Panel Costs in Goodland
Although the average cost of a solar system in Goodland is $16,786, your actual cost may differ. There are several factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to consider.
Solar Equipment
The size of the solar system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,340. The brand of solar panels and equipment you choose is another factor that will largely affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Plus, solar equipment is more than just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That’s why many Goodland homeowners choose to finance their solar panel systems to make going solar more affordable.Even though solar loans make adopting solar energy more accessible for Goodland homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Goodland is the company you hire to install your PV system. Similar to choosing a company to renovate your kitchen, for example, there are plenty of solar installers that offer a range of services at different costs.Larger national companies generally have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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 | $19,512 | 10.7 years |
| 8 kW | $3.41 | $19,078 | $26,390 | 10.5 years |
| 10 kW | $3.34 | $23,380 | $33,455 | 10.3 years |
| 12 kW | $3.27 | $27,495 | $40,707 | 10.1 years |
| 14 kW | $3.21 | $31,423 | $48,146 | 9.9 years |
| 16 kW | $3.14 | $35,164 | $55,772 | 9.7 years |
| 18 kW | $3.07 | $38,717 | $63,585 | 9.5 years |
| 20 kW | $3.01 | $42,084 | $71,586 | 9.3 years |
How to Save on Solar Panels
Since the type of solar panels and the installation company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- 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 type 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 ask for their list of options before deciding.
- Contract: Read the contract terms carefully to make sure you understand the total cost, completion timeline rebates and warranties.
- Installation Process: Make sure you’re aligned with the company with regard to how the installation process will go and what you need to do before your solar system is installed, such as updating or replacing your electrical system or roof.
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 Goodland, KS Solar Cost FAQs
What is the average cost of installing solar panels in Goodland?
The average cost of solar panels in Goodland is about $16,700 for a 5-kW system and $33,400 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Goodland?
Leasing solar panels can be an appealing choice, because it usually comes with low or $0 upfront payments. The downside 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 option if you want to get the most savings.
Does Goodland have a net metering program?
Most states have net metering programs of some kind. Through these, you can be compensated for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
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 are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can choose 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.