Solar Panel Cost Guide in Newton, KS (2024 Update)
- Newton Solar Installation Cost: $17,327
- 25-Year Savings: $16,074
- Payback Period: 9.9 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Newton
Find out what the average cost of installing solar panels is in Newton.
The average cost of solar panels in Newton is 3 per watt.The average Newton homeowner needs a 7.4-kilowatt system, which would cost about $17,327 with the federal tax credit, or $24,778 before the 0 tax credit is applied.
These figures are just averages, and your own solar costs may differ based on the amount of energy your home requires and what company you choose to go with.For most homeowners, the upfront investment in solar power is worth paying. On average you could be looking at about $22,000 in savings on utility bills over 20 years.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Newton
Year | Return on Investment |
---|---|
1 years | $-15,991 |
3 years | $-13,319 |
5 years | $-10,647 |
7 years | $-7,975 |
9 years | $-5,303 |
11 years | $-2,631 |
13 years | $41 |
15 years | $2,714 |
17 years | $5,386 |
19 years | $8,058 |
21 years | $10,730 |
23 years | $13,402 |
25 years | $16,074 |
Top Solar Installers in Newton
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Taking advantage of a solar panel installer can make converting to solar power much easier. Companies can also offer access to various kinds of the best solar panels and help you pick which one will be right for you.
If you're on the hunt for a solar installer in Newton, the EcoWatch team has put together a list of our top suggestions here:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Newton
Factors that Affect Solar Panel Costs in Newton
For many Newton homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Newton, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. That’s why it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.There are several different solar panel brands and the one you pick also affects the cost. Usually, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you’re looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Newton have solar loans, which reduce your upfront costs of installing solar panels.It’s wise 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 the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The solar company you choose to handle your switch to clean energy can play a role in your total costs. There are about 3 solar installation companies operating throughout Newton, and each can charge varying amounts for labor and equipment.Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and go with the company that has the products, warranties and services you want and also fit into 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 | $3.47 | $14,589 | $20,863 | 10.3 years |
8 kW | $3.41 | $19,078 | $28,191 | 10.1 years |
10 kW | $3.34 | $23,380 | $35,707 | 9.9 years |
12 kW | $3.27 | $27,495 | $43,409 | 9.7 years |
14 kW | $3.21 | $31,423 | $51,299 | 9.5 years |
16 kW | $3.14 | $35,164 | $59,375 | 9.3 years |
18 kW | $3.07 | $38,717 | $67,639 | 9.1 years |
20 kW | $3.01 | $42,084 | $76,089 | 8.9 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Warranty: If you’re worried about the endurance of your solar system, ensuring 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 you read it through completely so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Newton, KS Solar Cost FAQs
How much does it cost to install solar panels in Newton?
The average cost of solar panels in Newton 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 certain factors such as the type of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider aside from cost when buying solar panels?
The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Newton?
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 give you credit toward your future electricity 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.