Solar Panel Cost Guide in Stranger, KS (2023 Update)
- Stranger Solar Installation Cost: $14,343
- 25-Year Savings: $26,837
- Payback Period: 8.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Stranger
Let's take a look at the average cost of solar in Stranger.
The average cost of a solar panel system in Stranger is 2.59 per watt. Since a 7.9-kW system is needed to cover the energy costs of a typical home in Stranger, the average price of going solar will be about $14,341 after claiming the federal solar tax credit of 30%.
How much you pay can be above or below the average in Stranger based on a variety of factors, such as the kind of solar panels you choose and the solar company you hire. For many homeowners, the upfront investment in solar power is worth paying. On average homeowners in Stranger see about $20,000 in savings on electricity bills over 20 years.
To receive a free estimate from a vetted solar company in Stranger, you can click the button below.
Solar savings over time in Stranger
| Year | Return on Investment |
|---|---|
| 1 years | $-14,205 |
| 3 years | $-13,931 |
| 5 years | $-13,656 |
| 7 years | $-13,382 |
| 9 years | $-13,107 |
| 11 years | $-12,833 |
| 13 years | $-12,558 |
| 15 years | $-12,284 |
| 17 years | $-12,009 |
| 19 years | $-11,735 |
| 21 years | $-11,460 |
| 23 years | $-11,186 |
| 25 years | $-10,911 |
Top Solar Installers in Stranger
DIY solar panel installation is a possibility, but it's an undertaking that can be a headache. Hiring an installer can make converting to solar power much easier. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and component replacements.
Working with a licensed solar installer can make going solar easier. Here are our recommendations:
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 Stranger
Factors that Affect Solar Panel Costs in Stranger
The cost of installing a solar system in Stranger can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system you need, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay around $2,590 per kilowatt in Stranger. The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag 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. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is too expensive, solar loans are a popular option because they decrease your upfront costs and let you pay for your system over five to seven years on average. Though solar loans make adopting solar energy more accessible for Stranger homeowners, they can also increase the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The final significant cost factor you should consider is the installer you choose. Given the booming popularity of clean energy solutions in Stranger, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. The size of the company can sometimes play the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to greater resources and better pricing. Smaller local companies might be more costly, but they generally 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 | $2.69 | $11,313 | $19,919 | 9.1 years |
| 8 kW | $2.64 | $14,794 | $26,849 | 8.9 years |
| 10 kW | $2.59 | $18,130 | $33,923 | 8.7 years |
| 12 kW | $2.54 | $21,321 | $41,143 | 8.5 years |
| 14 kW | $2.49 | $24,367 | $48,508 | 8.4 years |
| 16 kW | $2.43 | $27,268 | $56,018 | 8.2 years |
| 18 kW | $2.38 | $30,023 | $63,673 | 8.0 years |
| 20 kW | $2.33 | $32,634 | $71,472 | 7.8 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be a tough decision, we have some tips to help you, such as:
- Contract: Review the contract terms closely to make sure you understand how much it will cost, project timeline rebates and warranties.
- Solar Panel Brands: Different companies have different brands and types of panels. If you want a specific brand, make sure the solar installer you're considering has it.
- 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 updating or replacing your electrical system or roof.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can research your installer's reputation is by reading reviews.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Stranger, KS Solar Cost FAQs
How much does it cost to install solar panels in Stranger?
This is a tough question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $12,950 for a 5-kW system and $25,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have above-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Stranger?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your property 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.
Do solar panels increase how much your home is worth?
Solar panels can increase your home value remarkably 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 solar panels."
How long do solar panels last in Stranger?
Although 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 how much energy they produce will have decreased significantly after that point. You can opt to replace them once you've had 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.