Solar Panel Cost Guide in Olathe, KS (Feb 2023)
- Olathe Solar Installation Cost: $14,232
- 25-Year Savings: $26,751
- Payback Period: 8.7 Years
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Top Solar Installers in Olathe
Trying to install solar panels yourself can be a challenging undertaking, which is why using a solar installation company is a good option for many homeowners. Companies can also offer access to a large variety of the best solar panels and help you choose which one will be best for you.
Working with a licensed solar installer can make going solar easier. Here are our recommendations:
See all of the solar companies in Olathe
Factors that Affect Solar Panel Costs in Olathe
The cost of installing a solar system in Olathe 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 you need, and other factors include equipment choices, financing options and the solar installer you choose.
One of the most significant 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 uses, the larger your system will likely need to be. You can expect to pay around $2,590 per kilowatt in Olathe. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your electric bills. Additionally, extra products, like solar batteries, can bump up your total well above the Olathe average.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are a popular choice because they lower your upfront costs and allow you to pay for your system over five to seven years on average. Although solar loans make switching to solar energy more accessible for Olathe homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Olathe is the company you hire to install your solar panel system. As with choosing a company to renovate your kitchen, for instance, you'll have no shortage of solar installers that offer a range of services for different budgets. Additionally, some companies in Olathe are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you 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||$2.69||$11,313||$20,014||9.0 years|
|8 kW||$2.64||$14,794||$26,975||8.9 years|
|10 kW||$2.59||$18,130||$34,081||8.7 years|
|12 kW||$2.54||$21,321||$41,333||8.5 years|
|14 kW||$2.49||$24,367||$48,729||8.3 years|
|16 kW||$2.43||$27,268||$56,270||8.2 years|
|18 kW||$2.38||$30,023||$63,957||8.0 years|
|20 kW||$2.33||$32,634||$71,788||7.8 years|
How to Save on Solar Panels
The solar panel company you opt for will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should keep in mind, such as:
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you choose.
- Contract: When reading through your solar company's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Installation Process: Make sure you're aligned with the company with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
EcoWatch's Olathe, KS Solar Cost FAQs
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.