Solar Panel Cost Guide in Osawatomie, KS (2023 Update)
- Osawatomie Solar Installation Cost: $14,150
- 25-Year Savings: $28,148
- Payback Period: 8.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Osawatomie
Let's take a look at the average cost of solar panels in Osawatomie.
While the national average of solar panels is $2.66 per watt, solar panels in Osawatomie generally cost about 2.59. The average Osawatomie homeowner needs a 7.8-kilowatt system, which would cost about $14,141 with the federal tax credit, or $20,222 before the 30% tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy consumption, the type of solar system you want, your solar contractor and more. Despite the large upfront cost, the average Osawatomie homeowner can save around $21,000 on their energy bills over 20 years, which is one of the positives of solar.
To receive a free estimate from a vetted solar company in Osawatomie, you can click the button below.
Solar savings over time in Osawatomie
| Year | Return on Investment |
|---|---|
| 1 years | $-14,009 |
| 3 years | $-13,727 |
| 5 years | $-13,445 |
| 7 years | $-13,163 |
| 9 years | $-12,881 |
| 11 years | $-12,599 |
| 13 years | $-12,317 |
| 15 years | $-12,035 |
| 17 years | $-11,753 |
| 19 years | $-11,471 |
| 21 years | $-11,189 |
| 23 years | $-10,907 |
| 25 years | $-10,625 |
Top Solar Installers in Osawatomie
Many homeowners decide to use a solar panel company since figuring out how to install solar panels by yourself can be hard. Companies can also have access to a large variety of the best solar panels and help you pick which one will be right for you.
If you'd like to start using solar energy but still aren't sure which solar panel company to go with, here are our suggestions for providers in Osawatomie:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Osawatomie
Factors that Affect Solar Panel Costs in Osawatomie
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few primary factors that determine your overall cost in Osawatomie: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend about $2,590 per kilowatt in Osawatomie. The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a 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 limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are provided by most installers in Osawatomie, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also increases your all-in costs, so it's important to keep that in mind as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The final significant cost factor you should keep in mind is the installer you choose. Given the booming popularity of green energy solutions in Osawatomie, you'll have plenty of options to choose from, but each comes at various price points for labor and equipment. Additionally, some companies in Osawatomie know more about local solar incentives and can help you learn about 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 help you save 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 | $21,204 | 8.7 years |
| 8 kW | $2.64 | $14,794 | $28,562 | 8.5 years |
| 10 kW | $2.59 | $18,130 | $36,065 | 8.4 years |
| 12 kW | $2.54 | $21,321 | $43,713 | 8.2 years |
| 14 kW | $2.49 | $24,367 | $51,507 | 8.0 years |
| 16 kW | $2.43 | $27,268 | $59,445 | 7.9 years |
| 18 kW | $2.38 | $30,023 | $67,528 | 7.7 years |
| 20 kW | $2.33 | $32,634 | $75,756 | 7.5 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Contract: It's important to read your solar installer's contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you choose.
- Warranty: If you care about the endurance of your solar panel system, checking if your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Osawatomie, KS Solar Cost FAQs
What is the average cost of installing solar panels in Osawatomie?
The average cost of solar panels in Osawatomie 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 like 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 Osawatomie?
Leasing solar panels can be an appealing choice, because it usually comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better option if you want to maximize your savings.
Is switching to solar power worth it?
Solar panels can be a fruitful investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.