Solar Panel Cost Guide in Lansing, KS (2023 Update)
- Lansing Solar Installation Cost: $14,341
- 25-Year Savings: $26,972
- Payback Period: 8.7 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Lansing
Here's how much it might cost to switch to solar power in Lansing.
The average cost of a solar panel system in Lansing is 2.59 per watt. Since a 7.9-kW system is needed to cover the energy needs of a typical home in Lansing, the average price of going solar will be about $14,341 after claiming the federal solar tax credit of 30%.
The actual price you pay can go higher or lower than the average in Lansing depending on a few factors, such as the model of solar panels you choose and the solar contractor you hire. Even with the high upfront cost, the average Lansing homeowner can save about $20,000 on their power bills over 20 years, which is one of the advantages of solar.
Click the button below to get connected to a reputable solar panel company in Lansing for a personalized estimate.
Solar savings over time in Lansing
| Year | Return on Investment |
|---|---|
| 1 years | $-12,688 |
| 3 years | $-9,383 |
| 5 years | $-6,078 |
| 7 years | $-2,773 |
| 9 years | $532 |
| 11 years | $3,837 |
| 13 years | $7,142 |
| 15 years | $10,447 |
| 17 years | $13,752 |
| 19 years | $17,057 |
| 21 years | $20,362 |
| 23 years | $23,667 |
| 25 years | $26,972 |
Top Solar Installers in Lansing
When making the switch to solar, many homeowners choose to use a solar installation company since handling can be a challenging project. The expertise that solar installers provide can be useful as well, especially if you don't quite know what brand of solar equipment you need.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some near you:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Lansing
Factors that Affect Solar Panel Costs in Lansing
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few major factors that determine your overall cost in Lansing: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. That's why it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use. There are several different solar panel brands and the one you choose also affects the cost. Usually, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
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 Lansing homeowners choose to finance their solar panel systems to offset upfront costs. Although solar loans make going solar more accessible for Lansing homeowners, they can also add to the total you pay for your system due to interest. 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
Finally, the company you choose to install your solar panels can play a role in determining the cost. Lansing's solar companies all have different labor costs and add varying upcharges to equipment. The size of the company sometimes plays the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
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 | $20,020 | 9.0 years |
| 8 kW | $2.64 | $14,794 | $26,984 | 8.9 years |
| 10 kW | $2.59 | $18,130 | $34,092 | 8.7 years |
| 12 kW | $2.54 | $21,321 | $41,346 | 8.5 years |
| 14 kW | $2.49 | $24,367 | $48,745 | 8.3 years |
| 16 kW | $2.43 | $27,268 | $56,288 | 8.2 years |
| 18 kW | $2.38 | $30,023 | $63,977 | 8.0 years |
| 20 kW | $2.33 | $32,634 | $71,811 | 7.8 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: The type of solar panel you need to install plays a role in which company you should opt for, since different companies have different panels.
- Installation Process: Make sure you're on the same page with the company with regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can check your installer's reputation is by reading reviews.
- Contract: Look through the contract terms carefully to make sure you understand how much it will cost, completion timeline rebates and warranties.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Lansing, KS Solar Cost FAQs
How much does it cost to install solar panels in Lansing?
This is a difficult question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $12,950 for a 5-kW system and $25,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Lansing?
You can't get solar panels for free in Lansing. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
Do solar panels increase your home value?
Solar panels can increase your property's value significantly as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.