Solar Panel Cost Guide in Oaklawn Sunview, KS (2023 Update)
- Oaklawn Sunview Solar Installation Cost: $13,380
- 25-Year Savings: $27,907
- Payback Period: 8.1 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Oaklawn Sunview
Here's how much it might cost to go solar in Oaklawn Sunview.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Oaklawn Sunview, the average cost of a solar system is 2.59 per watt. The average solar panel system size in Oaklawn Sunview 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.
Keep in mind that the figures above are only estimates based on the average Oaklawn Sunview homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. For most homeowners, the upfront cost of solar power is worth paying. On average homeowners in Oaklawn Sunview see about $21,000 in savings on utility bills over 20 years.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Oaklawn Sunview
| Year | Return on Investment |
|---|---|
| 1 years | $-11,728 |
| 3 years | $-8,426 |
| 5 years | $-5,123 |
| 7 years | $-1,820 |
| 9 years | $1,483 |
| 11 years | $4,786 |
| 13 years | $8,089 |
| 15 years | $11,392 |
| 17 years | $14,695 |
| 19 years | $17,998 |
| 21 years | $21,301 |
| 23 years | $24,604 |
| 25 years | $27,907 |
Top Solar Installers in Oaklawn Sunview
Many homeowners opt for a solar installation company since installing solar panels yourself can be time-consuming. Companies can also have access to various kinds of the best solar panels and help you pick which one will be best for your home.
If you're looking for a solar company in Oaklawn Sunview, we've organized a list of our top suggestions here:
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 Oaklawn Sunview
Factors that Affect Solar Panel Costs in Oaklawn Sunview
The cost of installing a solar system in Oaklawn Sunview can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,590. The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar installers in Oaklawn Sunview provide solar loans, which reduce the initial cost of installing solar. It's wise to factor 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
The solar company you choose to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies in Oaklawn Sunview, and each can charge different amounts for labor and equipment. Larger national companies typically have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle 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 | $22,251 | 8.4 years |
| 8 kW | $2.64 | $14,794 | $29,958 | 8.3 years |
| 10 kW | $2.59 | $18,130 | $37,810 | 8.1 years |
| 12 kW | $2.54 | $21,321 | $45,807 | 7.9 years |
| 14 kW | $2.49 | $24,367 | $53,949 | 7.8 years |
| 16 kW | $2.43 | $27,268 | $62,236 | 7.6 years |
| 18 kW | $2.38 | $30,023 | $70,669 | 7.5 years |
| 20 kW | $2.33 | $32,634 | $79,246 | 7.3 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Warranty: If you care about the durability of your solar panel system, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
- Contract: Before signing a contract with a solar installer, be sure to look it over carefully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
- Installation Process: Make sure you're on the same page with the company with regard to how the installation process will go and what needs to be done before your solar system is installed, such as repairing 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 Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Oaklawn Sunview, KS Solar Cost FAQs
What is the average cost of installing solar panels in Oaklawn Sunview?
The average cost of solar panels in Oaklawn Sunview is about $12,950 for a 5-kW system and $25,900 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.
Is it better to lease or buy solar panels in Oaklawn Sunview?
Leasing solar panels can be an option if you can't afford to pay upfront or get a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your home 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 your property value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Oaklawn Sunview is currently $77,100, so you could be looking at a value of about $3,161 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Oaklawn Sunview is a rewarding investment.
How long do solar panels last in Oaklawn Sunview?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them after having them for that long or you can continue to use them at a lower efficiency.
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.