Solar Panel Cost Guide in Newton, KS (Oct 2022)

  • Newton Solar Installation Cost: $13,434
  • 25-Year Savings: $30,356
  • Payback Period: 7.7 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Newton

Let's take a look at the average cost of solar in Newton.

The national average cost of solar panels is $2.66 per watt, but in Newton it's $3 per watt. Since a 7.4-kW system is needed to cover the energy costs of a typical home in Newton, the average price of going solar will be about $13,434 before claiming the federal solar tax credit of 30%.

The true price you pay can go above or below the average in Newton based on a variety of factors, such as the brand of solar panels you choose and the solar installer you hire. But, after you've paid the initial cost of installation, the savings for most homeowners is usually rewarding, with a net average savings of about $22,000 over 20 years on utility bills.

For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.

Solar savings over time in Newton

Year Return on Investment
1 years $-11,683
3 years $-8,179
5 years $-4,676
7 years $-1,173
9 years $2,330
11 years $5,834
13 years $9,337
15 years $12,840
17 years $16,343
19 years $19,847
21 years $23,350
23 years $26,853
25 years $30,356

Top Solar Installers in Newton

When making the switch to solar, many homeowners decide to go with a solar installation company since installing solar panels yourself can be a time-consuming project. A solar company can also help save you money over time by providing warranties, repairs and part replacements.

You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some near you:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

The Green Panel

★★★★★
4.5

  • 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

Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few primary factors that will push your cost above or below the average in Newton: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.

Solar Equipment Size

One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend around $2,590 per kilowatt in Newton. There are several different solar panel brands and the one you pick also affects the cost. Generally, the brands that have better efficiency tend to also be more expensive. Additionally, the type of equipment you want to install 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 utility bills over many years, but they can also be a big investment. That's why many Newton homeowners decide to finance their solar panel systems to offset upfront costs. However, the interest on solar loans also increases your all-in costs, so it's crucial to take that into consideration as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.

Solar Panel Installation Company

The last significant cost factor you should consider is the installer you choose. Given the massive popularity of green energy solutions in Newton, you'll have lots of options to choose from, but each comes at varying price points for labor and equipment. The company's size can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger companies.

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 $24,139 8.0 years
8 kW $2.64 $14,794 $32,475 7.8 years
10 kW $2.59 $18,130 $40,957 7.7 years
12 kW $2.54 $21,321 $49,583 7.5 years
14 kW $2.49 $24,367 $58,355 7.4 years
16 kW $2.43 $27,268 $67,271 7.2 years
18 kW $2.38 $30,023 $76,333 7.1 years
20 kW $2.33 $32,634 $85,539 6.9 years

Solar Incentives in Newton

Name Renewable Energy Property Tax Exemption
Incentive Amount 100%
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

Since the kind of solar panels and the company you choose significantly influences your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:

  • Warranty: An all-inclusive, long-term warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
  • Contract: Review the contract terms carefully to make sure you understand how much it will cost, project timeline rebates and warranties.
  • Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
  • Installation Process: An important thing to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should acquire and what the project timeline is.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

The Green Panel

★★★★★
4.5

  • 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?

This is a difficult question to answer precisely, because the cost depends on many 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 additional 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 choose a smaller solar panel system or less expensive solar panels.

What other factors should I consider apart from cost when buying solar panels?

Cost is a crucial factor to consider, but whether it's the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.

Does Newton 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 give you credit toward your future energy bills.

How long do solar panels last in Newton?

On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases 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.

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