Solar Panel Cost Guide in Larned, KS (2024 Update)
- Larned Solar Installation Cost: $16,885
- 25-Year Savings: $28,285
- Payback Period: 10.2 Years
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Average Cost of Solar Panels in Larned
Find out what the average cost of installing solar panels is in Larned.
In Larned, solar panels cost about 3 per watt on average.The average solar panel system size in Larned is around 7.2 kilowatts, meaning a cost of about $16,885 for a solar installation, or $24,146 before the 0 federal solar tax credit is applied.
How much you pay can be above or below the average in Larned depending on several factors, such as the model of solar panels you choose and the solar contractor you hire.But, after you've paid the initial cost of installation, the return on investment for most homeowners is usually fruitful, with a net average savings of about $22,000 over 20 years on electricity bills.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Larned
| Year | Return on Investment |
|---|---|
| 1 years | $-15,587 |
| 3 years | $-12,992 |
| 5 years | $-10,396 |
| 7 years | $-7,801 |
| 9 years | $-5,205 |
| 11 years | $-2,610 |
| 13 years | $-14 |
| 15 years | $2,581 |
| 17 years | $5,177 |
| 19 years | $7,772 |
| 21 years | $10,368 |
| 23 years | $12,964 |
| 25 years | $15,559 |
Top Solar Installers in Larned
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Hiring an installer can make swapping over to solar power much easier. The expertise that solar installers offer can be helpful as well, especially if you aren’t sure what brand of solar equipment you need.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some in Larned:
Best National Provider
SunPower
- 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
- 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 Larned
Factors that Affect Solar Panel Costs in Larned
Though the average cost of a solar system in Larned is $16,885, your actual cost may be above or below the average. There are quite a few factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. Because of that, it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.The kind of 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. However, more efficient panels could save you more in the long run on your power bills. In addition, add-on products, like solar batteries, can bump up your total well above the Larned average.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are a popular choice because they decrease your upfront costs and let you pay for your system over five to seven years on average.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panels can play a role in determining the cost. Larned’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Larned have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. 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 | $3.47 | $14,589 | $19,788 | 10.6 years |
| 8 kW | $3.41 | $19,078 | $26,758 | 10.4 years |
| 10 kW | $3.34 | $23,380 | $33,915 | 10.2 years |
| 12 kW | $3.27 | $27,495 | $41,259 | 10.0 years |
| 14 kW | $3.21 | $31,423 | $48,791 | 9.8 years |
| 16 kW | $3.14 | $35,164 | $56,509 | 9.6 years |
| 18 kW | $3.07 | $38,717 | $64,414 | 9.4 years |
| 20 kW | $3.01 | $42,084 | $72,506 | 9.2 years |
How to Save on Solar Panels
The solar installer you choose will influence not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should take into account, such as:
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Contract: When looking over your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Solar Panel Brands: The kind of solar panel you want to install plays a part in which company you should go with, since different companies offer different panels.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
Best National Provider
SunPower
- 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
- 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 Larned, KS Solar Cost FAQs
What is the average cost of installing solar panels in Larned?
The average cost of solar panels in Larned is about $16,700 for a 5-kW system and $33,400 for a 10-kW system before the ITC, but the real 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 consume.
Is cost the most important consideration when buying solar panels?
Cost is a very important factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
How much can I save on electricity bills after switching to solar?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Larned, 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 contact a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to cover their typical energy usage.
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.