Solar Panel Cost Guide in Mulvane, KS (2024 Update)
- Mulvane Solar Installation Cost: $17,165
- 25-Year Savings: $30,827
- Payback Period: 9.7 Years
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Average Cost of Solar Panels in Mulvane
Find out what the average cost of a solar system is in Mulvane.
In Mulvane, solar panels cost about 3 per watt on average.To account for the typical energy needs of the average home in Mulvane, most homeowners require a 7.3-kilowatt system. Using the figure above, a solar installation costs about $17,165, or $24,546 before the federal solar tax credit of 0 is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Mulvane homeowners. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Mulvane can save about $23,000 on their energy bills over 20 years.
Click the button below to get connected to a highly rated solar company in Mulvane for a customized estimate.
Solar savings over time in Mulvane
| Year | Return on Investment |
|---|---|
| 1 years | $-15,828 |
| 3 years | $-13,156 |
| 5 years | $-10,484 |
| 7 years | $-7,812 |
| 9 years | $-5,140 |
| 11 years | $-2,468 |
| 13 years | $204 |
| 15 years | $2,876 |
| 17 years | $5,549 |
| 19 years | $8,221 |
| 21 years | $10,893 |
| 23 years | $13,565 |
| 25 years | $16,237 |
Top Solar Installers in Mulvane
Installing solar panels on your own can be a challenging undertaking, which is why hiring a solar installation company is a good option for many homeowners. Plus, if you aren’t sure what kind of solar panels and equipment you may need, a solar installer can help you figure that out after a site survey and consultation.
If you’d like to switch to solar energy but still aren’t certain which solar company 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
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 Mulvane
Factors that Affect Solar Panel Costs in Mulvane
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few primary factors that determine your overall cost in Mulvane: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar system in Mulvane, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy consumption, which you can figure out by looking at past energy bills. Your total cost can increase by about $3,340 for each additional kilowatt you need.The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your power bills. In addition, add-on products, such as solar batteries, can bring your total well above the Mulvane average.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are a solid route because they lower your upfront costs and allow you to pay for your system over five to seven years on average.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Mulvane is the company you get to install your PV system. Similar to choosing a company to install new cabinets, for instance, you’ll have many options for solar installers that offer a range of services for different budgets.Additionally, some companies in Mulvane are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 | $21,482 | 10.1 years |
| 8 kW | $3.41 | $19,078 | $29,017 | 9.9 years |
| 10 kW | $3.34 | $23,380 | $36,739 | 9.7 years |
| 12 kW | $3.27 | $27,495 | $44,648 | 9.5 years |
| 14 kW | $3.21 | $31,423 | $52,744 | 9.3 years |
| 16 kW | $3.14 | $35,164 | $61,027 | 9.1 years |
| 18 kW | $3.07 | $38,717 | $69,497 | 8.9 years |
| 20 kW | $3.01 | $42,084 | $78,155 | 8.8 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since picking a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you go with.
- Warranty: If you care about the longevity of your solar panel system, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: Review the contract terms carefully to make sure you understand the overall cost, project completion timeline rebates and warranties.
- Installation Process: Make sure you’re aligned with the installer in regard to how the installation process will go and what you need to do before your solar panel system is installed, such as updating or replacing your electrical system or roof.
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 Mulvane, KS Solar Cost FAQs
How much does it cost to install solar panels in Mulvane?
The average cost of solar panels in Mulvane 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 stuff like the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Mulvane?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future energy bills.
How long do solar panels last in Mulvane?
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.