Solar Panel Cost Guide in Francisville, KY (2025 Update)
- Francisville Solar Installation Cost: $24,703
- 25-Year Savings: $20,547
- Payback Period: 17.0 Years
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Average Cost of Solar Panels in Francisville
Here’s how much it might cost to go solar in Francisville.
In Francisville, solar panels cost about 4 per watt on average.The average solar panel system size in Francisville is around 9.7 kilowatts, meaning a cost of about $24,703 for a solar installation, or $35,325 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The actual cost of going solar can vary based on multiple factors, such as how many panels you need, your energy consumption and what solar installer you go with.Many homeowners find going solar is a solid investment. The average homeowner in Francisville can save around $14,000 on their energy bills over 20 years.
Click the button below to get connected to a highly rated solar company in your area for a custom estimate.
Solar savings over time in Francisville
Year | Return on Investment |
---|---|
1 years | $-23,509 |
3 years | $-21,120 |
5 years | $-18,730 |
7 years | $-16,341 |
9 years | $-13,952 |
11 years | $-11,562 |
13 years | $-9,173 |
15 years | $-6,784 |
17 years | $-4,395 |
19 years | $-2,005 |
21 years | $384 |
23 years | $2,773 |
25 years | $5,162 |
Top Solar Installers in Francisville
Although you can install solar panels on your own, it takes extra energy and handiness. That's one of the reasons almost all homeowners choose to hire a solar panel installer. Solar warranties and repairs are often included in the cost of installation when you sign a contract with a solar company as well, which can save you more money after your upfront investment.
There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:
See all of the solar companies in Francisville
Factors that Affect Solar Panel Costs in Francisville
There are many factors that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay about $3,650 per kilowatt in Francisville.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Francisville, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are a popular option because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years.However, the interest on solar loans also increases your overall costs, so it’s important to take that into consideration as well. You can always reduce the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installer you choose will affect your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor.Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and go with the company that offers the products, warranties and services you’re looking for and also fit into your budget.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $3.80 | $15,943 | $6,635 | 17.7 years |
8 kW | $3.72 | $20,849 | $9,256 | 17.3 years |
10 kW | $3.65 | $25,550 | $12,081 | 17.0 years |
12 kW | $3.58 | $30,047 | $15,110 | 16.6 years |
14 kW | $3.50 | $34,339 | $18,344 | 16.3 years |
16 kW | $3.43 | $38,427 | $21,782 | 16.0 years |
18 kW | $3.36 | $42,311 | $25,425 | 15.6 years |
20 kW | $3.29 | $45,990 | $29,272 | 15.3 years |
How to Save on Solar Panels
The solar company you go with will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should take into account, including:
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely provide high-quality solar panel installation and expertise.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for a long time and save you money on repairs and maintenance.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
- Contract: Look through the contract terms carefully to make sure you understand the cost breakdown, project timeline rebates and warranties.
EcoWatch's Francisville, KY Solar Cost FAQs
What is the average cost of installing solar panels in Francisville?
This is a difficult question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $18,250 for a 5-kW system and $36,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
What other factors should I consider apart from cost 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 cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Does Francisville have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.