Solar Panel Cost Guide in Grant, KS (2023 Update)
- Grant Solar Installation Cost: $13,380
- 25-Year Savings: $29,300
- Payback Period: 7.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Grant
Find out what the average cost of a solar system is in Grant.
The national average cost of solar panels is $2.66 per watt, but in Grant it's 2.59 per watt. Because a 7.4-kW system is needed to cover the energy consumption of a typical home in Grant, the average price of going solar will be about $13,380 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The exact cost of going solar can vary quite a bit depending on a few factors, such as what size system you need, your energy usage and what solar installer you go with. But, after you've paid the initial cost of installation, the ROI for most homeowners is quite rewarding, with a net average savings of about $22,000 over 20 years on utility bills.
To receive a free quote from a pre-vetted solar company in Grant, you can click the button below.
Solar savings over time in Grant
| Year | Return on Investment |
|---|---|
| 1 years | $-11,673 |
| 3 years | $-8,258 |
| 5 years | $-4,844 |
| 7 years | $-1,429 |
| 9 years | $1,985 |
| 11 years | $5,399 |
| 13 years | $8,814 |
| 15 years | $12,228 |
| 17 years | $15,643 |
| 19 years | $19,057 |
| 21 years | $22,471 |
| 23 years | $25,886 |
| 25 years | $29,300 |
Top Solar Installers in Grant
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Hiring an installer can make your switch to solar power much easier. A solar company can also help save you money over time by providing warranties, repairs and component replacements.
If you're on the hunt for a solar company in Grant, 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 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 Grant
Factors that Affect Solar Panel Costs in Grant
Though the average cost of a solar system in Grant is $13,380, your final cost may be above or below the average. There are several factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
The size of the solar panel 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 around $2,590. The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are a popular option because they reduce your upfront costs and allow you to pay for your system over five to seven years on average. When estimating your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar panel installer you pick will play a role in your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor. You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $23,383 | 8.2 years |
| 8 kW | $2.64 | $14,794 | $31,468 | 8.0 years |
| 10 kW | $2.59 | $18,130 | $39,698 | 7.8 years |
| 12 kW | $2.54 | $21,321 | $48,072 | 7.7 years |
| 14 kW | $2.49 | $24,367 | $56,592 | 7.5 years |
| 16 kW | $2.43 | $27,268 | $65,257 | 7.4 years |
| 18 kW | $2.38 | $30,023 | $74,066 | 7.2 years |
| 20 kW | $2.33 | $32,634 | $83,021 | 7.1 years |
How to Save on Solar Panels
Since the brand of solar panels and the installer 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 tips to keep in mind to help with your decision:
- Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Contract: Though reading through a contract can be tedious, it's important to do it thoroughly so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and how long it will take.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. While there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you ask for their list of offerings before deciding.
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 Grant, KS Solar Cost FAQs
How much does it cost to install solar panels in Grant?
This is a hard question to answer exactly, because the cost depends on many 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 be more expensive if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Grant?
Leasing solar panels can be an appealing choice, as it typically 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 way to go if you want to maximize your savings.
Can solar panels significantly reduce my power bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Grant, that will require at least a 10-kW system. Not all homes will have roofs that 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 long do solar panels last in Grant?
Although 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 replace them after having 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.