Solar Panel Cost Guide in Russell, KS (2024 Update)
- Russell Solar Installation Cost: $17,277
- 25-Year Savings: $27,696
- Payback Period: 10.5 Years
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Average Cost of Solar Panels in Russell
Here’s how much it might cost to make the switch to solar in Russell.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Russell, the typical cost of a solar system is 3 per watt.To account for the typical energy usage of the average home in Russell, most homeowners require a 7.4-kilowatt system. Using the figure above, a solar installation costs about $17,277, or $24,706 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The actual cost of making the switch to solar can vary depending on a few factors, such as what size system you need, your energy consumption and what installation company you go with.With average savings of about $21,000 on power bills over 20 years, many homeowners in Russell find going solar has a decent ROI.
Click the button below to get connected to a highly rated solar company in your area for a customized quote.
Solar savings over time in Russell
| Year | Return on Investment |
|---|---|
| 1 years | $-15,979 |
| 3 years | $-13,384 |
| 5 years | $-10,788 |
| 7 years | $-8,193 |
| 9 years | $-5,597 |
| 11 years | $-3,002 |
| 13 years | $-406 |
| 15 years | $2,189 |
| 17 years | $4,785 |
| 19 years | $7,381 |
| 21 years | $9,976 |
| 23 years | $12,572 |
| 25 years | $15,167 |
Top Solar Installers in Russell
Many homeowners opt for a solar panel company since trying to install solar panels yourself can be a labor-intensive endeavor. Companies can also offer access to various kinds of the best solar panels and help you decide which one will be best for your home.
Working with a professional solar installer can make going solar easier. Here are our recommendations:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Russell
Factors that Affect Solar Panel Costs in Russell
The cost of installing a solar system in Russell can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Russell, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy consumption, which you can determine by looking at past electricity bills. Your overall cost can increase by about $3,340 for each additional kilowatt you need.The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your power bills. Additionally, extra products, like solar batteries, can bump up your total well above the Russell average.
Solar Financing Terms
Most solar companies in Russell offer solar loans, which reduce the initial cost of installing solar.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
The remaining major cost factor you should take into consideration is the installer you choose. Given the massive popularity of renewable energy solutions in Russell, you’ll have a great number of options to choose from, but each comes at various price points for labor and equipment.The size of the company sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to greater 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 promotion can bring their pricing lower 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 | $18,776 | 10.9 years |
| 8 kW | $3.41 | $19,078 | $25,409 | 10.7 years |
| 10 kW | $3.34 | $23,380 | $32,229 | 10.5 years |
| 12 kW | $3.27 | $27,495 | $39,236 | 10.3 years |
| 14 kW | $3.21 | $31,423 | $46,430 | 10.1 years |
| 16 kW | $3.14 | $35,164 | $53,811 | 9.9 years |
| 18 kW | $3.07 | $38,717 | $61,379 | 9.7 years |
| 20 kW | $3.01 | $42,084 | $69,135 | 9.5 years |
How to Save on Solar Panels
There are a large number of companies available in Russell, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Different companies have various brands and kinds of panels. If you know you want a specific brand, make sure the solar panel company you’re considering has it.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to get the job done well. Another way you can research your installer’s reputation is by reading reviews.
- Warranty: Companies typically offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: An important thing to understand when adopting solar energy is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should secure and how long the project will take.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Russell, KS Solar Cost FAQs
How much does it cost to install solar panels in Russell?
This is a tough question to answer precisely, because the cost depends on a few different 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 be more expensive if you want other solar equipment or more efficient panels, or if you have above-average energy usage. On the flip side, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Are solar panels free in Russell?
You can’t get solar panels for free in Russell. 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 rather own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Russell?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How many solar panels should I get to power 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 generally 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.