Solar Panel Cost Guide in Paola, KS (2024 Update)
- Paola Solar Installation Cost: $18,247
- 25-Year Savings: $28,148
- Payback Period: 10.8 Years
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Average Cost of Solar Panels in Paola
Here’s how much it might cost to install solar panels in Paola.
The national average cost of solar panels is $2.66 per watt, but in Paola it’s 3 per watt.To cover the typical energy usage of the average home in Paola, most homeowners require a 7.8-kilowatt system. Using the per-watt figure above, a solar installation costs about $18,247, or $26,093 before the federal solar tax credit of 0 is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy needs, the type of equipment you choose, your solar contractor and more.Many homeowners find going solar is a solid investment. The average homeowner in Paola can save around $21,000 on their electricity bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Paola for a quote for your home.
Solar savings over time in Paola
| Year | Return on Investment |
|---|---|
| 1 years | $-16,863 |
| 3 years | $-14,095 |
| 5 years | $-11,328 |
| 7 years | $-8,560 |
| 9 years | $-5,792 |
| 11 years | $-3,024 |
| 13 years | $-256 |
| 15 years | $2,512 |
| 17 years | $5,280 |
| 19 years | $8,047 |
| 21 years | $10,815 |
| 23 years | $13,583 |
| 25 years | $16,351 |
Top Solar Installers in Paola
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can take a lot of hard work. Going with an installer can make converting to solar power much easier. The expertise that solar companies offer can be helpful as well, particularly if you don’t quite know what type of solar equipment would be right for your home.
If you're looking for a solar company in Paola, we've compiled 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 Paola
Factors that Affect Solar Panel Costs in Paola
Though the average cost of a solar system in Paola is $18,247, your final cost may differ. There are several factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. That’s why it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.There are many different solar panel brands and the one you pick also changes the cost. In many cases, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Paola to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area provides financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also result in higher prices over time due to interest.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
The final key cost factor you should take into consideration is the installer you choose. Given the booming popularity of clean energy solutions in Paola, you’ll have lots of options to choose from, but each comes at varying price points for labor and equipment.The company’s size can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $17,928 | 11.2 years |
| 8 kW | $3.41 | $19,078 | $24,278 | 11.0 years |
| 10 kW | $3.34 | $23,380 | $30,815 | 10.8 years |
| 12 kW | $3.27 | $27,495 | $37,539 | 10.6 years |
| 14 kW | $3.21 | $31,423 | $44,451 | 10.4 years |
| 16 kW | $3.14 | $35,164 | $51,549 | 10.1 years |
| 18 kW | $3.07 | $38,717 | $58,834 | 9.9 years |
| 20 kW | $3.01 | $42,084 | $66,306 | 9.7 years |
How to Save on Solar Panels
Since the model of solar panels and the installer you choose considerably influences your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Installation Process: When going solar, it’s necessary to keep an open line of communication with your solar panel company. Confirm that you understand how the installation process will go and the project timeline.
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Different companies will offer different brands and kinds of panels. If you prefer a specific brand, make sure the solar panel company you’re considering has it.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Paola, KS Solar Cost FAQs
How much does it cost to install solar panels in Paola?
This is a difficult question to answer precisely, 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. It will cost more if you want other 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 choose a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Paola?
Leasing solar panels can be an option if you can’t pay upfront or secure 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 financial benefits from going solar.
Does Paola have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can either get paid for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
To figure out what solar panel system size 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 typically produce about 250 to 400 watt-hours per hour, the average house 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.