Solar Panel Cost Guide in Olathe, KS (Sep 2022)

  • Olathe Solar Installation Cost: $14,232
  • 25-Year Savings: $26,751
  • Payback Period: 8.7 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 Olathe

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

The national average cost of solar panels is $2.66 per watt, but in Olathe it's $3 per watt. The average solar panel system size in Olathe is around 7.8 kilowatts, meaning a cost of about $14,232 for a solar installation, or $10,532 after the 30% federal solar tax credit is applied.

How much you pay can go above or below the average in Olathe depending on a few factors, such as the kind of solar panels you choose and the solar contractor you hire. But, after you've paid the initial cost of installation, the savings for most homeowners is quite fruitful, with a net average savings of about $20,000 over 20 years on utility bills.

You can click the button below to get connected with a top solar installer in Olathe for a quote for your home.

Solar savings over time in Olathe

Year Return on Investment
1 years $-12,593
3 years $-9,314
5 years $-6,035
7 years $-2,757
9 years $522
11 years $3,801
13 years $7,079
15 years $10,358
17 years $13,637
19 years $16,915
21 years $20,194
23 years $23,473
25 years $26,751

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:

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 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.

Solar Equipment Size

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

Solar Incentives in Olathe

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

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.

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 Olathe, KS Solar Cost FAQs

How much does it cost to install solar panels in Olathe?

This is a hard question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $12,950 for a 5-kW system and $25,900 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.

What other factors should I consider in addition to cost 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.

How will solar panels impact the value of my home?

Solar panels can increase your property's value significantly as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."

What solar power system size is right for my home?

To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.

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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