Solar Panel Cost Guide in Maize, KS (2023 Update)
- Maize Solar Installation Cost: $13,381
- 25-Year Savings: $27,963
- Payback Period: 8.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Maize
We go over average solar pricing in Maize.
In Maize, solar panels cost about 2.59 per watt on average. To account for the typical energy needs of the average home in Maize, most homeowners require a 7.4-kilowatt system. Using the figure above, a solar installation costs around $13,380, or $19,133 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The true cost of installing solar panels can vary quite a bit depending on several factors, such as how many panels you need, your energy usage and what company you go with. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Maize can save around $21,000 on their energy bills over 20 years.
For a personalized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Maize
| Year | Return on Investment |
|---|---|
| 1 years | $-13,243 |
| 3 years | $-12,967 |
| 5 years | $-12,692 |
| 7 years | $-12,416 |
| 9 years | $-12,141 |
| 11 years | $-11,865 |
| 13 years | $-11,589 |
| 15 years | $-11,314 |
| 17 years | $-11,038 |
| 19 years | $-10,763 |
| 21 years | $-10,487 |
| 23 years | $-10,211 |
| 25 years | $-9,936 |
Top Solar Installers in Maize
DIY solar panel installation is a possibility, but it's an undertaking that can be a headache. Going with a solar panel installer can make switching to solar power much easier. Companies can also have access to quality options of the best solar panels and help you decide which one will be right for you.
There are a number of licensed solar professionals that can help you install your solar system. 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 Maize
Factors that Affect Solar Panel Costs in Maize
Though the average cost of a solar system in Maize is $13,380, your actual cost may be higher or lower than that. There are quite a few factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy 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 pay about $2,590 per kilowatt in Maize. The brand of solar panels and equipment you get is another factor that will significantly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Plus, 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 looking into a solar system that's in your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are available from most installers in Maize, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable. It's wise to add 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 remaining major cost factor you should keep in mind is the installer you choose. Given the massive popularity of green energy solutions in Maize, you'll have a great number of options to choose from, but each comes at various price points for labor and equipment. Larger national companies generally have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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 | $22,297 | 8.4 years |
| 8 kW | $2.64 | $14,794 | $30,019 | 8.3 years |
| 10 kW | $2.59 | $18,130 | $37,887 | 8.1 years |
| 12 kW | $2.54 | $21,321 | $45,899 | 7.9 years |
| 14 kW | $2.49 | $24,367 | $54,057 | 7.8 years |
| 16 kW | $2.43 | $27,268 | $62,359 | 7.6 years |
| 18 kW | $2.38 | $30,023 | $70,807 | 7.4 years |
| 20 kW | $2.33 | $32,634 | $79,400 | 7.3 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose significantly impacts your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
- Warranty: If you're concerned about the endurance of your solar panels, checking if your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Contract: Before you sign a contract with a solar installer, make sure to read it through completely so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what the warranty covers and what services you can expect from them.
- Reputation: Your solar installer should have a sound reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Maize, KS Solar Cost FAQs
What is the average cost of installing solar panels in Maize?
The average cost of solar panels in Maize is about $12,950 for a 5-kW system and $25,900 for a 10-kW system before the ITC, but the real cost will depend on things like the type of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Maize?
Leasing solar panels can be an appealing choice, because it commonly comes with low or $0 upfront payments. The downside 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 get the most savings.
Can you sell solar power back to the grid in Maize?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future electricity bills.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.