Solar Panel Cost Guide in Gypsum, KS (Oct 2022)

  • Gypsum Solar Installation Cost: $13,380
  • 25-Year Savings: $30,079
  • Payback Period: 7.7 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 Gypsum

Find out what the average cost of solar panel installation is in Gypsum.

While the national average of solar panels is $2.66 per watt, solar panels in Gypsum typically cost about $3. Using this figure, a typical 7.4 would cost about $13,380 before the 30% federal solar tax credit is applied.

Bear in mind that the figures above are only estimates based on the average Gypsum homeowner. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. But, once you've paid the initial cost of installation, the savings for most homeowners is typically good, with a net average savings of about $22,000 over 20 years on energy bills.

You can click the button below to get connected with a pre-vetted solar company in Gypsum for a quote for your home.

Solar savings over time in Gypsum

Year Return on Investment
1 years $-11,642
3 years $-8,165
5 years $-4,688
7 years $-1,211
9 years $2,265
11 years $5,742
13 years $9,219
15 years $12,695
17 years $16,172
19 years $19,649
21 years $23,126
23 years $26,602
25 years $30,079

Top Solar Installers in Gypsum

When making the switch to solar, many homeowners choose to hire a solar company since putting up a solar system yourself can be a time-consuming project. Companies can also provide access to quality options of the best solar panels and help you pick which one will be right for you.

There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:

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 Gypsum

Factors that Affect Solar Panel Costs in Gypsum

For many Gypsum homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Gypsum, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you'll pay, which we'll go over below.

Solar Equipment Size

The size of the solar panel system you need for your home is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,590. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your electric bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Gypsum average.

Solar Financing Terms

Most solar installers in Gypsum provide solar loans, which reduce your upfront costs of installing solar panels. Though solar loans make going solar more accessible for Gypsum homeowners, they can also add to the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

The final key cost factor you should keep in mind is the installer you choose. Given the massive popularity of clean energy solutions in Gypsum, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. Larger national companies usually have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have 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 $2.69 $11,313 $24,017 8.0 years
8 kW $2.64 $14,794 $32,312 7.9 years
10 kW $2.59 $18,130 $40,753 7.7 years
12 kW $2.54 $21,321 $49,339 7.5 years
14 kW $2.49 $24,367 $58,069 7.4 years
16 kW $2.43 $27,268 $66,945 7.2 years
18 kW $2.38 $30,023 $75,966 7.1 years
20 kW $2.33 $32,634 $85,132 6.9 years

Solar Incentives in Gypsum

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 company you choose significantly affects your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:

  • Contract: Review the contract terms carefully to make sure you understand the overall cost, project timeline rebates and warranties.
  • Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
  • Warranty: Warranties that provide coverage for panel repairs and maintenance over around 25 years are the best you can get in the business, and offering that kind of warranty is one indication of a quality company.
  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Although 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 be sure to take a look at their list of offerings before deciding.

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 Gypsum, KS Solar Cost FAQs

What is the average cost of installing solar panels in Gypsum?

The average cost of solar panels in Gypsum is about $12,950 for a 5-kW system and $25,900 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you use.

Are solar panels free in Gypsum?

Solar panels aren't free in Gypsum, 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 further reduce the cost.

Does Gypsum have a net metering program?

Most states offer net metering programs of some kind. Through these, you can either receive compensation 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 many solar panels do I need 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 usually produce about 250 to 400 watt-hours per hour, the average household 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.

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