Solar Panel Cost Guide in Minneha, KS (2023 Update)
- Minneha Solar Installation Cost: $13,381
- 25-Year Savings: $29,533
- Payback Period: 7.8 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Minneha
Here's how much it might cost to install solar panels in Minneha.
While the national average of solar panels is $2.66 per watt, solar panels in Minneha generally cost about 2.59. The average solar panel system size in Minneha is around 7.4 kilowatts, meaning a cost of about $13,380 for a solar installation, or $19,133 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of going solar can vary quite a bit based on several factors, such as what size system you need, your energy usage and what solar installer you go with. Many homeowners find going solar is a solid investment. The average homeowner in Minneha can save about $22,000 on their energy bills over 20 years.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Minneha
| Year | Return on Investment |
|---|---|
| 1 years | $-13,238 |
| 3 years | $-12,952 |
| 5 years | $-12,666 |
| 7 years | $-12,380 |
| 9 years | $-12,094 |
| 11 years | $-11,807 |
| 13 years | $-11,521 |
| 15 years | $-11,235 |
| 17 years | $-10,949 |
| 19 years | $-10,663 |
| 21 years | $-10,377 |
| 23 years | $-10,091 |
| 25 years | $-9,805 |
Top Solar Installers in Minneha
When switching to solar energy, many homeowners prefer to hire a solar installer since handling can be a difficult project. Another benefit of working with a solar company is that they can help you maximize your ROI by bringing down your future costs of repairs and replacements due to warranties and helping you learn about local incentives you can take advantage of.
There are various licensed solar professionals that can help you install your solar panels. 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 Minneha
Factors that Affect Solar Panel Costs in Minneha
For many Minneha homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Minneha, 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
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That's why it's important to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. The kind of solar panels and equipment you choose is another factor that will considerably impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more pricey. Furthermore, solar equipment consists of more than just the solar panels themselves. You'll also need to consider 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 for a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are available from most installers in Minneha, which can reduce, or in some cases eliminate, your upfront costs to make solar more affordable. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar company you pick will impact your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Larger national companies generally have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on 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 | $23,573 | 8.1 years |
| 8 kW | $2.64 | $14,794 | $31,721 | 8.0 years |
| 10 kW | $2.59 | $18,130 | $40,014 | 7.8 years |
| 12 kW | $2.54 | $21,321 | $48,452 | 7.6 years |
| 14 kW | $2.49 | $24,367 | $57,034 | 7.5 years |
| 16 kW | $2.43 | $27,268 | $65,762 | 7.3 years |
| 18 kW | $2.38 | $30,023 | $74,635 | 7.2 years |
| 20 kW | $2.33 | $32,634 | $83,653 | 7.0 years |
How to Save on Solar Panels
There are many companies to choose from in Minneha, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: The kind of solar panel you need to get plays a role in which installer you should choose, since different companies offer different panels.
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one sign of a quality company.
- Contract: It's important to look over your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Minneha, KS Solar Cost FAQs
What is the average cost of installing solar panels in Minneha?
This is a difficult question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $12,950 for a 5-kW system and $25,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to think about when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Minneha have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future utility bills.
How often do you have to replace solar panels?
On average, solar panels can last 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 larger level 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.