Solar Panel Cost Guide in Rose Hill, KS (2024 Update)
- Rose Hill Solar Installation Cost: $17,423
- 25-Year Savings: $29,810
- Payback Period: 10.1 Years
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Average Cost of Solar Panels in Rose Hill
Let’s take a look at the average cost of solar panels in Rose Hill.
Although the national average of solar panels is $2.66 per watt, solar panels in Rose Hill generally cost around 3.The average Rose Hill homeowner needs a 7.5-kilowatt system, which would cost about $17,423 with the federal tax credit, or $24,915 before the 0 tax credit is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar may vary based on your household energy needs, the type of solar system you choose, your solar contractor and more.For most homeowners, the upfront investment in solar is worth paying. On average you could be looking at about $22,000 in savings on energy bills over 20 years.
To receive a free estimate from a pre-vetted solar installation company in Rose Hill, you can click the button below.
Solar savings over time in Rose Hill
| Year | Return on Investment |
|---|---|
| 1 years | $-16,087 |
| 3 years | $-13,414 |
| 5 years | $-10,742 |
| 7 years | $-8,070 |
| 9 years | $-5,398 |
| 11 years | $-2,726 |
| 13 years | $-54 |
| 15 years | $2,618 |
| 17 years | $5,290 |
| 19 years | $7,963 |
| 21 years | $10,635 |
| 23 years | $13,307 |
| 25 years | $15,979 |
Top Solar Installers in Rose Hill
Trying to install solar panels yourself can be a difficult undertaking, which is why getting a solar installation company is a good option for many homeowners. Plus, if you aren’t sure what kind of solar panels and equipment you may need, a solar installer can help you find the right equipment for you after a site survey and consultation.
There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:
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 Rose Hill
Factors that Affect Solar Panel Costs in Rose Hill
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few key factors that will push your cost above or below the average in Rose Hill: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar system in Rose Hill, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy consumption, which you can gauge by looking at past electricity bills. Your overall cost can increase by about $3,340 for each additional kilowatt you need.The brand of solar panels and equipment you want is another factor that will largely influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are a popular choice because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years.While solar loans make switching to solar energy more accessible for Rose Hill homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Rose Hill is the company you get to install your solar panel system. Similar to choosing a company to renovate your kitchen, for example, there are plenty of solar installers that offer a range of services for different budgets.The company’s size sometimes plays the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more resources and better 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 discount can bring their pricing lower to compete with bigger companies.
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 | $20,290 | 10.5 years |
| 8 kW | $3.41 | $19,078 | $27,428 | 10.3 years |
| 10 kW | $3.34 | $23,380 | $34,752 | 10.1 years |
| 12 kW | $3.27 | $27,495 | $42,264 | 9.9 years |
| 14 kW | $3.21 | $31,423 | $49,962 | 9.7 years |
| 16 kW | $3.14 | $35,164 | $57,848 | 9.5 years |
| 18 kW | $3.07 | $38,717 | $65,920 | 9.3 years |
| 20 kW | $3.01 | $42,084 | $74,180 | 9.0 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Contract: It’s important to read your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Rose Hill, KS Solar Cost FAQs
How much does it cost to install solar panels in Rose Hill?
This is a tough question to answer precisely, because the cost depends on many factors. Generally 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 be more expensive if you want other solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Is cost the most important consideration when buying solar panels?
The upfront cost is a key factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
How much can I save on electricity bills after installing solar panels?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Rose Hill, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
Even 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 once you've had them for that long or you can continue to use 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.