Solar Panel Cost Guide in Palmyra, KS (2025 Update)
- Palmyra Solar Installation Cost: $18,270
- 25-Year Savings: $28,008
- Payback Period: 10.8 Years
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Average Cost of Solar Panels in Palmyra
Find out what the average cost of solar panels are in Palmyra.
The average cost of solar panels in Palmyra is 3 per watt.Using this figure, a typical 7.8-kW system would cost about $18,270 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The actual cost of going solar can vary depending on several factors, such as how many panels you need, your energy usage and what solar installer you go with.For most homeowners, the upfront cost of solar power is worth paying. On average homeowners in Palmyra see about $21,000 in savings on utility bills over 20 years.
To get a free estimate from a pre-vetted solar company in Palmyra, you can click the button below.
Solar savings over time in Palmyra
| Year | Return on Investment |
|---|---|
| 1 years | $-16,886 |
| 3 years | $-14,118 |
| 5 years | $-11,350 |
| 7 years | $-8,583 |
| 9 years | $-5,815 |
| 11 years | $-3,047 |
| 13 years | $-279 |
| 15 years | $2,489 |
| 17 years | $5,257 |
| 19 years | $8,024 |
| 21 years | $10,792 |
| 23 years | $13,560 |
| 25 years | $16,328 |
Top Solar Installers in Palmyra
When going solar, many homeowners prefer to go with a solar installation company since overseeing your solar installation yourself can be a challenging project. Plus, if you’d like to maximize your investment in solar power, using a solar company can help with that as well. Different providers can offer repairs, expertise on solar panel installation and sometimes even information on local incentives, rebates and net metering programs.
If you're looking for a solar company in Palmyra, 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
See all of the solar companies in Palmyra
Factors that Affect Solar Panel Costs in Palmyra
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 Palmyra: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,340.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get 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. In addition, add-on products, like solar batteries, can bump up your total well above the Palmyra average.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are a solid choice because they cut back your upfront costs and allow you to pay for your system over five to seven years on average.When figuring out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
Finally, the company you opt for to install your solar system can affect your pricing. Palmyra’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra 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 | $3.47 | $14,589 | $17,794 | 11.3 years |
| 8 kW | $3.41 | $19,078 | $24,099 | 11.0 years |
| 10 kW | $3.34 | $23,380 | $30,591 | 10.8 years |
| 12 kW | $3.27 | $27,495 | $37,271 | 10.6 years |
| 14 kW | $3.21 | $31,423 | $44,137 | 10.4 years |
| 16 kW | $3.14 | $35,164 | $51,190 | 10.2 years |
| 18 kW | $3.07 | $38,717 | $58,431 | 10.0 years |
| 20 kW | $3.01 | $42,084 | $65,859 | 9.7 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be difficult, we have some tips to help you, such as:
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running smoothly and save you money on part replacement and repairs.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Although there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of offerings before making your decision.
- Contract: Look through the contract terms carefully to make sure you understand the cost breakdown, project timeline incentives and warranties.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Palmyra, KS Solar Cost FAQs
What is the average cost of installing solar panels in Palmyra?
This is a tough question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $16,700 for a 5-kW system and $33,400 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 consumption. On the other hand, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Palmyra?
You can’t get solar panels for free in Palmyra. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Palmyra?
Solar panels can be a beneficial investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already fairly low, solar panels might not be for you.
How long do solar panels last in Palmyra?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount 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.