Solar Panel Cost Guide in Lindsborg, KS (2023 Update)
- Lindsborg Solar Installation Cost: $13,461
- 25-Year Savings: $31,701
- Payback Period: 7.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Lindsborg
Find out what the average cost of solar panels are in Lindsborg.
The national average cost of solar panels is $2.66 per watt, but in Lindsborg it's 2.59 per watt. The average solar panel system size in Lindsborg is around 7.4 kilowatts, meaning a cost of about $13,452 for a solar installation, or $19,236 before the 30% federal solar tax credit is applied.
These figures are only estimates, and the cost of going solar for you will most likely vary based on your energy needs and what company you choose to go with. Even with the high upfront cost, the average Lindsborg homeowner can save around $23,000 on their electricity bills over 20 years, which is one of the advantages of solar.
Click the button below to get connected to a highly rated solar company in Lindsborg for a custom quote.
Solar savings over time in Lindsborg
| Year | Return on Investment |
|---|---|
| 1 years | $-12,117 |
| 3 years | $-9,428 |
| 5 years | $-6,739 |
| 7 years | $-4,050 |
| 9 years | $-1,361 |
| 11 years | $1,327 |
| 13 years | $4,016 |
| 15 years | $6,705 |
| 17 years | $9,394 |
| 19 years | $12,083 |
| 21 years | $14,772 |
| 23 years | $17,460 |
| 25 years | $20,149 |
Top Solar Installers in Lindsborg
Although it's possible to install solar panels by yourself, it takes extra time and handiness. For that reason, almost all homeowners choose to hire a solar panel installer. Plus, if you're not certain what kind of solar panels and equipment you may need, a solar company can help you find the right equipment for you after a site survey and consultation.
If you'd like to go solar but still aren't certain which solar system installer to go with, here are our recommendations for providers near you:
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 Lindsborg
Factors that Affect Solar Panel Costs in Lindsborg
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that affect your total cost in Lindsborg: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, 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 brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at 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
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That's why many Lindsborg homeowners opt to finance their solar panel systems to make paying for solar more affordable. When estimating your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more on your 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 go solar. Different companies will charge different amounts for the equipment and labor. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and choose a company that provides the products, warranties and services you want and also is within your budget.
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 | $25,183 | 7.7 years |
| 8 kW | $2.64 | $14,794 | $33,867 | 7.6 years |
| 10 kW | $2.59 | $18,130 | $42,696 | 7.5 years |
| 12 kW | $2.54 | $21,321 | $51,671 | 7.3 years |
| 14 kW | $2.49 | $24,367 | $60,790 | 7.2 years |
| 16 kW | $2.43 | $27,268 | $70,054 | 7.0 years |
| 18 kW | $2.38 | $30,023 | $79,464 | 6.9 years |
| 20 kW | $2.33 | $32,634 | $89,018 | 6.7 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose considerably influences your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- 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.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
- 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 like a system component breaking or the company going out of business.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Lindsborg, KS Solar Cost FAQs
What is the average cost of installing solar panels in Lindsborg?
The average cost of solar panels in Lindsborg 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 kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Lindsborg?
Leasing solar panels can be an attractive choice, because it commonly comes with low or $0 upfront payments. The drawback 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.
Does Lindsborg have a net metering program?
Most states have net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and how much 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 buy between 20 and 35 panels to account for 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.