Solar Panel Cost Guide in Glasgow, KY (2024 Update)
- Glasgow Solar Installation Cost: $24,041
- 25-Year Savings: $25,365
- Payback Period: 14.7 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Glasgow
We go over average solar pricing in Glasgow.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Glasgow, the typical cost of solar panels is 4 per watt.Since a 9.4-kW system is needed to cover the energy consumption of a typical home in Glasgow, the average price of going solar will be about $24,041 after claiming the federal solar tax credit of 0.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar may vary based on your household energy use, the type of equipment you choose, your solar contractor and more.For most homeowners, the upfront investment in solar is worth paying. On average homeowners in Glasgow see about $16,000 in savings on energy bills over 20 years.
Click the button below to get connected to a reputable solar panel company in Glasgow for a custom quote.
Solar savings over time in Glasgow
Year | Return on Investment |
---|---|
1 years | $-22,525 |
3 years | $-19,492 |
5 years | $-16,458 |
7 years | $-13,425 |
9 years | $-10,392 |
11 years | $-7,358 |
13 years | $-4,325 |
15 years | $-1,292 |
17 years | $1,741 |
19 years | $4,775 |
21 years | $7,808 |
23 years | $10,841 |
25 years | $13,874 |
Top Solar Installers in Glasgow
Many homeowners opt for a solar installation company since figuring out how to install solar panels on your own can be time-consuming. Solar installers provide key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some nearby:
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 Glasgow
Factors that Affect Solar Panel Costs in Glasgow
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that affect your total cost in Glasgow: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,650. The brand of solar panels and equipment you get is another factor that will substantially influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Glasgow to be too costly, even if the investment pays off over time. Fortunately, almost every solar company in the area provides access to financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also lead to higher prices over time because of interest.Even though solar loans make adopting solar energy more accessible for Glasgow 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
The solar company you choose will influence your total cost to go solar. Different companies will bill different amounts for the equipment and labor.Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and go with the company that provides the products, warranties and services you’re looking for and also fits within 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 | $10,058 | 15.3 years |
8 kW | $3.72 | $20,849 | $13,820 | 15.0 years |
10 kW | $3.65 | $25,550 | $17,786 | 14.7 years |
12 kW | $3.58 | $30,047 | $21,956 | 14.4 years |
14 kW | $3.50 | $34,339 | $26,331 | 14.1 years |
16 kW | $3.43 | $38,427 | $30,910 | 13.9 years |
18 kW | $3.36 | $42,311 | $35,694 | 13.6 years |
20 kW | $3.29 | $45,990 | $40,682 | 13.3 years |
How to Save on Solar Panels
There are a large number of companies available in Glasgow, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you hire.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running for years to come and save you money on repairs and maintenance.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years most likely offer high-quality solar panel installation and expertise.
- Installation Process: When going solar, it’s important to maintain an open line of communication with your solar company. Confirm that you understand how the installation process will go and the project timeline.
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 Glasgow, KY Solar Cost FAQs
What is the average cost of installing solar panels in Glasgow?
The average cost of solar panels in Glasgow is about $18,250 for a 5-kW system and $36,500 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 Glasgow?
Solar panels aren’t free in Glasgow, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How will having solar panels impact how much my home is worth?
Solar panels can increase your property’s value significantly 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."
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of 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 get between 20 and 35 panels to account for 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.