Solar Panel Cost Guide in Wamego, KS (Mar 2023)
- Wamego Solar Installation Cost: $14,141
- 25-Year Savings: $30,001
- Payback Period: 8.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Wamego
Here's how much it might cost to switch to solar power in Wamego.
The national average cost of solar panels is $2.66 per watt, but in Wamego it's 2.59 per watt. The average Wamego homeowner needs a 7.8-kilowatt system, which would cost about $14,141 with the federal tax credit, or $20,222 before the 30% tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The exact cost of making the switch to solar can vary quite a bit depending on multiple factors, such as how many panels you need, your energy usage and what solar installer you go with. Despite the high initial cost, the average Wamego homeowner can save about $21,000 on their energy bills over 20 years, which is one of the benefits of solar.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Wamego
| Year | Return on Investment |
|---|---|
| 1 years | $-12,376 |
| 3 years | $-8,844 |
| 5 years | $-5,313 |
| 7 years | $-1,782 |
| 9 years | $1,750 |
| 11 years | $5,281 |
| 13 years | $8,813 |
| 15 years | $12,344 |
| 17 years | $15,875 |
| 19 years | $19,407 |
| 21 years | $22,938 |
| 23 years | $26,469 |
| 25 years | $30,001 |
Top Solar Installers in Wamego
Installing solar panels on your own can be a stressful undertaking, which is why getting a solar installer is a good option for many homeowners. A solar company can also help save you money in the long run by offering warranties, repairs and component replacements.
Working with a professional solar installer can help your solar project go smoothly. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Wamego
Factors that Affect Solar Panel Costs in Wamego
The cost of installing a solar system in Wamego can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the price of a solar system in Wamego, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy usage, which you can determine by looking at past power bills. Your total cost can increase by around $2,590 for each additional kilowatt you need. The kind of solar panels and equipment you choose is another factor that will greatly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment consists of more than just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that's in your budget.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That's why many Wamego homeowners choose to finance their solar panel systems to offset upfront costs. You'll have to consider the long-term cost of financing options, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panel system can influence how much you pay. Wamego's solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger 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 | $22,634 | 8.3 years |
| 8 kW | $2.64 | $14,794 | $30,469 | 8.2 years |
| 10 kW | $2.59 | $18,130 | $38,448 | 8.0 years |
| 12 kW | $2.54 | $21,321 | $46,573 | 7.9 years |
| 14 kW | $2.49 | $24,367 | $54,843 | 7.7 years |
| 16 kW | $2.43 | $27,268 | $63,258 | 7.5 years |
| 18 kW | $2.38 | $30,023 | $71,818 | 7.4 years |
| 20 kW | $2.33 | $32,634 | $80,523 | 7.2 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Although there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of offerings before making your decision.
- Contract: Though reading through a contract can be tedious, it's important to do it thoroughly so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- 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 satisfied reviews from previous customers.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Wamego, KS Solar Cost FAQs
How much does it cost to install solar panels in Wamego?
The average cost of solar panels in Wamego 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 stuff such as the model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Wamego?
You can't get solar panels for free in Wamego. 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.
Can solar panels eliminate my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,131.57 per year.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable 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 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.