Solar Panel Cost Guide in Lyons, KS (2024 Update)
- Lyons Solar Installation Cost: $17,187
- 25-Year Savings: $29,971
- Payback Period: 9.9 Years
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Average Cost of Solar Panels in Lyons
We break down average solar pricing in Lyons.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Lyons, the typical cost of a solar system is 3 per watt.Because a 7.4-kW system is needed to cover the energy usage of a typical home in Lyons, the average price of going solar will be about $17,187 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of making the switch to solar can vary depending on several factors, such as how many panels you need, your energy usage and what solar installer you go with.For most homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $22,000 in savings on utility bills over 20 years.
You can click the button below to get connected with a pre-vetted solar installer in Lyons for a quote for your home.
Solar savings over time in Lyons
| Year | Return on Investment |
|---|---|
| 1 years | $-15,889 |
| 3 years | $-13,293 |
| 5 years | $-10,698 |
| 7 years | $-8,102 |
| 9 years | $-5,507 |
| 11 years | $-2,911 |
| 13 years | $-316 |
| 15 years | $2,280 |
| 17 years | $4,875 |
| 19 years | $7,471 |
| 21 years | $10,066 |
| 23 years | $12,662 |
| 25 years | $15,257 |
Top Solar Installers in Lyons
Although you can install solar panels on your own, it takes extra effort and knowledge. For that reason, almost all homeowners choose to go with a solar panel installer. Another great thing about choosing a reputable solar installer is that it'll provide warranties and free repairs, which help protect your solar system over time.
If you're looking for a solar company in Lyons, we've organized a list of our top suggestions here:
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 Lyons
Factors that Affect Solar Panel Costs in Lyons
For many Lyons homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Lyons, with typical prices between $20,000 to $40,000. There are numerous factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar system you need to offset your energy usage, 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 about $3,340. The brand of solar panels and equipment you get is another factor that will greatly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Furthermore, solar equipment consists of more than just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that’s in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Lyons to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in higher prices over time because of interest.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
The final significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of green energy solutions in Lyons, you’ll have plenty of options to choose from, but each comes at different price points for labor and equipment.The size of the company can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion 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 | $3.47 | $14,589 | $20,752 | 10.3 years |
| 8 kW | $3.41 | $19,078 | $28,043 | 10.1 years |
| 10 kW | $3.34 | $23,380 | $35,522 | 9.9 years |
| 12 kW | $3.27 | $27,495 | $43,187 | 9.7 years |
| 14 kW | $3.21 | $31,423 | $51,040 | 9.5 years |
| 16 kW | $3.14 | $35,164 | $59,079 | 9.3 years |
| 18 kW | $3.07 | $38,717 | $67,306 | 9.1 years |
| 20 kW | $3.01 | $42,084 | $75,719 | 8.9 years |
How to Save on Solar Panels
Since the model of solar panels and the installer you choose considerably affects your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to install your solar system. Another way you can look into your installer’s reputation is by reading reviews.
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running for a long time and save you money on repairs and maintenance.
- Contract: Though reading through a contract can be tedious, it’s important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
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 Lyons, KS Solar Cost FAQs
What is the average cost of installing solar panels in Lyons?
The average cost of solar panels in Lyons is about $16,700 for a 5-kW system and $33,400 for a 10-kW system before the ITC, but the actual cost will depend on things like the type of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider in addition to cost when buying solar panels?
Cost is a key factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Do solar panels increase your property value?
Solar panels can increase your property’s value considerably as long as you buy or finance your panels and don’t opt for 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 long do solar panels last in Lyons?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down 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.