Solar Panel Cost Guide in Parsons, KS (2023 Update)
- Parsons Solar Installation Cost: $13,682
- 25-Year Savings: $32,179
- Payback Period: 7.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Parsons
Find out what the average cost of solar panels are in Parsons.
Although the national average of solar panels is $2.66 per watt, solar panels in Parsons generally cost around 2.59. To account for the typical energy needs of the average home in Parsons, most homeowners require a 7.5-kilowatt system. Using the per-watt figure above, a solar installation costs about $13,688, or $19,574 before the federal solar tax credit of 30% is applied.
Remember that the numbers above are only averages. The price you'll pay for solar may vary based on your household energy consumption, the type of solar system you want to get, your solar contractor and more. Despite the high initial cost, the average Parsons homeowner can save about $23,000 on their energy bills over 20 years, which is one of the perks of solar.
You can click the button below to get connected with a pre-vetted solar installer in Parsons for a quote for your home.
Solar savings over time in Parsons
| Year | Return on Investment |
|---|---|
| 1 years | $-12,346 |
| 3 years | $-9,674 |
| 5 years | $-7,002 |
| 7 years | $-4,329 |
| 9 years | $-1,657 |
| 11 years | $1,015 |
| 13 years | $3,687 |
| 15 years | $6,359 |
| 17 years | $9,031 |
| 19 years | $11,703 |
| 21 years | $14,375 |
| 23 years | $17,048 |
| 25 years | $19,720 |
Top Solar Installers in Parsons
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Using a solar company can make switching to solar power much easier. A solar company can also help save you money over time by providing warranties, repairs and system component replacements.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some in Parsons:
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 Parsons
Factors that Affect Solar Panel Costs in Parsons
While the average cost of a solar system in Parsons is $13,688, your actual cost may be above or below the average. There are quite a few factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation 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 $2,590. The brand and type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price 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 will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar companies in Parsons provide solar loans, which reduce the initial cost of installing solar. Though solar loans make adopting solar energy more accessible for Parsons homeowners, they can also raise the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar panel installer you select will impact your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor. Larger national companies usually have lower costs, but some local companies compete 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 car 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 | $2.69 | $11,313 | $25,149 | 7.8 years |
| 8 kW | $2.64 | $14,794 | $33,822 | 7.6 years |
| 10 kW | $2.59 | $18,130 | $42,640 | 7.5 years |
| 12 kW | $2.54 | $21,321 | $51,603 | 7.3 years |
| 14 kW | $2.49 | $24,367 | $60,711 | 7.2 years |
| 16 kW | $2.43 | $27,268 | $69,964 | 7.0 years |
| 18 kW | $2.38 | $30,023 | $79,363 | 6.9 years |
| 20 kW | $2.33 | $32,634 | $88,906 | 6.7 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Installation Process: Make sure you're on the same page with the company regarding how the installation process will go and what you need to do before your solar system is installed, such as repairing your electrical system or roof.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years most likely offer high-quality solar panel installation and expertise.
- Contract: It's important to read through your solar installer's contract closely to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Solar Panel Brands: Different companies will have different brands and types of panels. If you want a specific brand, make sure the solar 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 Parsons, KS Solar Cost FAQs
How much does it cost to install solar panels in Parsons?
The average cost of solar panels in Parsons 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 things such as the kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to think about when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will solar panels impact my home value?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How long do solar panels last in Parsons?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can replace them after having them for that long or you can keep using them at a lower efficiency.
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.