Solar Panel Cost Guide in Lenexa, KS (2024 Update)
- Lenexa Solar Installation Cost: $18,352
- 25-Year Savings: $26,813
- Payback Period: 11.2 Years
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Average Cost of Solar Panels in Lenexa
See how much it might cost to install solar panels in Lenexa.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Lenexa, the average cost of solar panels is 3 per watt.Because a 7.8-kW system is needed to cover the energy costs of a typical home in Lenexa, the average price of going solar will be about $18,352 after claiming the federal solar tax credit of 0.
These figures are only estimates, and the cost of going solar for you will most likely look different based on your specific situation and what company you go with.Many homeowners find going solar is a sound investment. The average homeowner in Lenexa can save around $20,000 on their electricity bills over 20 years.
To receive a free estimate from a highly rated solar installation company in Lenexa, you can click the button below.
Solar savings over time in Lenexa
| Year | Return on Investment |
|---|---|
| 1 years | $-16,968 |
| 3 years | $-14,200 |
| 5 years | $-11,432 |
| 7 years | $-8,665 |
| 9 years | $-5,897 |
| 11 years | $-3,129 |
| 13 years | $-361 |
| 15 years | $2,407 |
| 17 years | $5,175 |
| 19 years | $7,942 |
| 21 years | $10,710 |
| 23 years | $13,478 |
| 25 years | $16,246 |
Top Solar Installers in Lenexa
DIY 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. Using a solar panel installer can make your switch to solar power much easier. The expertise that solar installers provide can be valuable as well, especially if you aren’t sure what brand of solar equipment you need.
There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Lenexa
Factors that Affect Solar Panel Costs in Lenexa
For many Lenexa homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Lenexa, with typical prices between $20,000 to $40,000. There are several factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to spend around $3,340 per kilowatt in Lenexa.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Lenexa, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are a solid option because they cut back your upfront costs and allow you to pay for your system over five to seven years on average.While solar loans make going solar more accessible for Lenexa homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you select will play a role in your total cost to go solar. Different companies will bill different amounts for the equipment and labor.You may see national solar installers that have lower prices because of their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $16,784 | 11.6 years |
| 8 kW | $3.41 | $19,078 | $22,753 | 11.4 years |
| 10 kW | $3.34 | $23,380 | $28,909 | 11.2 years |
| 12 kW | $3.27 | $27,495 | $35,252 | 11.0 years |
| 14 kW | $3.21 | $31,423 | $41,782 | 10.7 years |
| 16 kW | $3.14 | $35,164 | $48,499 | 10.5 years |
| 18 kW | $3.07 | $38,717 | $55,403 | 10.3 years |
| 20 kW | $3.01 | $42,084 | $62,494 | 10.1 years |
How to Save on Solar Panels
There are many companies available in Lenexa, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
- Installation Process: Make sure you’re on the same page with the installer in regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating your electrical system or roof.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years likely provide quality solar panel installation and expertise.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you go with.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Lenexa, KS Solar Cost FAQs
How much does it cost to install solar panels in Lenexa?
This is a difficult question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $16,700 for a 5-kW system and $33,400 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Are solar panels free in Lenexa?
A solar panel system isn’t free in Lenexa, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Can you sell solar power back to the grid in Lenexa?
Most states offer net metering programs of some kind. Through these, you can get paid for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Lenexa?
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 decide to replace them once you've had them for that long or you can keep using 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.