Solar Panel Cost Guide in Tecumseh, KS (2024 Update)
- Tecumseh Solar Installation Cost: $18,293
- 25-Year Savings: $28,767
- Payback Period: 10.6 Years
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Average Cost of Solar Panels in Tecumseh
Here’s how much it might cost to go solar in Tecumseh.
While the national average of solar panels is $2.66 per watt, solar panels in Tecumseh generally cost about 3.The average solar panel system size in Tecumseh is around 7.8 kilowatts, meaning a cost of about $18,293 for a solar installation, or $26,159 before the 0 federal solar tax credit is applied.
These figures are only estimates, and how much solar costs for you will most likely differ based on the amount of energy your home requires and what company you choose to go with.But, once you've paid the initial cost of installation, the ROI for most homeowners is typically fruitful, with a net average savings of about $21,000 over 20 years on power bills.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Tecumseh
| Year | Return on Investment |
|---|---|
| 1 years | $-16,948 |
| 3 years | $-14,259 |
| 5 years | $-11,571 |
| 7 years | $-8,882 |
| 9 years | $-6,193 |
| 11 years | $-3,504 |
| 13 years | $-815 |
| 15 years | $1,873 |
| 17 years | $4,562 |
| 19 years | $7,251 |
| 21 years | $9,940 |
| 23 years | $12,629 |
| 25 years | $15,318 |
Top Solar Installers in Tecumseh
DIY solar panel installation is a way to cut costs, but it's an undertaking that can use up a lot of your time and energy. Taking advantage of a solar company can make converting to solar power much easier. Local solar installers can also help you maximize your return on investment by walking you through any local incentives you can take advantage of and by offering warranties and repairs.
If you’d like to go solar but still aren’t certain which solar company to go with, here are our suggestions for providers nearby:
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 Tecumseh
Factors that Affect Solar Panel Costs in Tecumseh
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that determine your overall cost in Tecumseh: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,340.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 a small roof 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 raise the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are offered by most installers in Tecumseh, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible.Even though solar loans make adopting solar energy more accessible for Tecumseh homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Tecumseh is the company you get to install your solar system. Similar to choosing a company to install new cabinets, for instance, you’ll have no shortage of solar installers that provide a range of services for different budgets.Additionally, some companies in Tecumseh are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $18,349 | 11.1 years |
| 8 kW | $3.41 | $19,078 | $24,839 | 10.9 years |
| 10 kW | $3.34 | $23,380 | $31,517 | 10.6 years |
| 12 kW | $3.27 | $27,495 | $38,381 | 10.4 years |
| 14 kW | $3.21 | $31,423 | $45,433 | 10.2 years |
| 16 kW | $3.14 | $35,164 | $52,671 | 10.0 years |
| 18 kW | $3.07 | $38,717 | $60,097 | 9.8 years |
| 20 kW | $3.01 | $42,084 | $67,710 | 9.6 years |
How to Save on Solar Panels
The solar panel company you choose will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, such as:
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like EcoWatch.
- Installation Process: When going solar, it’s crucial to maintain an open line of communication with your solar panel installer. Make sure you understand how the installation process works and the project timeline.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Although there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so make sure you ask for their list of offerings before making your decision.
- Contract: Look through the contract terms thoroughly to make sure you understand the cost breakdown, completion timeline incentives and warranties.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Tecumseh, KS Solar Cost FAQs
What is the average cost of installing solar panels in Tecumseh?
This is a difficult question to answer exactly, because the cost depends on a variety of 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. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
What other factors should I consider aside from cost when buying solar panels?
Cost is without a doubt 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 having solar panels impact the value of my home?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Tecumseh is currently $280,454, which means you could be looking at a value of about $11,499 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Tecumseh is a worthwhile investment.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
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.