Solar Panel Cost Guide in Marysville, KS (2023 Update)
- Marysville Solar Installation Cost: $14,160
- 25-Year Savings: $28,366
- Payback Period: 8.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Marysville
Let's take a look at the average cost of solar in Marysville.
The average cost of a solar panel system in Marysville is 2.59 per watt. To cover the typical energy usage of the average home in Marysville, most homeowners require a 7.8-kilowatt system. Using the per-watt figure above, a solar installation costs about $14,160, or $20,249 before the federal solar tax credit of 30% is applied.
These figures are just estimates, and your own solar costs may differ based on the amount of energy your home requires and what company you go with. But, once you've paid the upfront cost of installation, the return on investment for most homeowners is quite rewarding, with a net average savings of about $21,000 over 20 years on energy bills.
For a personalized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Marysville
| Year | Return on Investment |
|---|---|
| 1 years | $-12,458 |
| 3 years | $-9,056 |
| 5 years | $-5,654 |
| 7 years | $-2,252 |
| 9 years | $1,150 |
| 11 years | $4,552 |
| 13 years | $7,954 |
| 15 years | $11,356 |
| 17 years | $14,758 |
| 19 years | $18,160 |
| 21 years | $21,562 |
| 23 years | $24,964 |
| 25 years | $28,366 |
Top Solar Installers in Marysville
Although you can install solar panels by yourself, it takes extra labor and know-how. That's why most homeowners choose to hire a solar panel installer. Companies can also offer access to quality options of the best solar panels and help you decide which one will be right for your family.
Working with a vetted solar installer can make going solar easier. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Marysville
Factors that Affect Solar Panel Costs in Marysville
The cost of installing a solar system in Marysville can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The size of the solar energy system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,590. There are several different solar panel brands and the one you choose also affects the cost. Generally, the brands that are more efficient tend to also cost more. In addition, the type of equipment you're looking to get can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Marysville homeowners opt to finance their solar panel systems to make going solar more affordable. While solar loans make going solar more accessible for Marysville homeowners, they can also add to the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Finally, the company you choose to install your solar panels can impact the cost. Marysville's solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average 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 | $21,370 | 8.7 years |
| 8 kW | $2.64 | $14,794 | $28,784 | 8.5 years |
| 10 kW | $2.59 | $18,130 | $36,342 | 8.3 years |
| 12 kW | $2.54 | $21,321 | $44,046 | 8.2 years |
| 14 kW | $2.49 | $24,367 | $51,894 | 8.0 years |
| 16 kW | $2.43 | $27,268 | $59,888 | 7.8 years |
| 18 kW | $2.38 | $30,023 | $68,027 | 7.7 years |
| 20 kW | $2.33 | $32,634 | $76,311 | 7.5 years |
How to Save on Solar Panels
There are numerous companies to choose from in Marysville, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: If you care about the endurance of your solar panel system, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Contract: Read the contract terms closely to make sure you understand how much it will cost, project timeline rebates and warranties.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you choose.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Marysville, KS Solar Cost FAQs
What is the average cost of installing solar panels in Marysville?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $12,950 for a 5-kW system and $25,900 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Marysville?
Leasing solar panels can be an option if you can't pay upfront or secure a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Do solar panels increase how much your home is worth?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Marysville is currently $106,100, which means you can look forward to a value of about $4,350 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Marysville is a rewarding investment.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can 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.