Solar Panel Cost Guide in Massac, KY (2025 Update)
- Massac Solar Installation Cost: $23,586
- 25-Year Savings: $29,574
- Payback Period: 13.2 Years
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Average Cost of Solar Panels in Massac
Find out what the average cost of solar panels are in Massac.
The average cost of a solar system in Massac is 4 per watt.The average solar panel system size in Massac is around 9.2 kilowatts, meaning a cost of about $23,586 for a solar installation, or $33,728 before the 0 federal solar tax credit is applied.
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 solar panels you want, your solar contractor and more.For many homeowners, the upfront cost of solar panels is worth paying. On average Massac homeowners see about $18,000 in savings on utility bills over 20 years.
To get a free estimate from a pre-vetted solar installation company in Massac, you can click the button below.
Solar savings over time in Massac
| Year | Return on Investment |
|---|---|
| 1 years | $-22,207 |
| 3 years | $-19,449 |
| 5 years | $-16,691 |
| 7 years | $-13,933 |
| 9 years | $-11,176 |
| 11 years | $-8,418 |
| 13 years | $-5,660 |
| 15 years | $-2,902 |
| 17 years | $-144 |
| 19 years | $2,613 |
| 21 years | $5,371 |
| 23 years | $8,129 |
| 25 years | $10,887 |
Top Solar Installers in Massac
Many homeowners opt for a solar panel installer since trying to put up solar panels by yourself can be a labor-intensive endeavor. The expertise that solar companies provide can be helpful as well, especially if you don’t quite know what kind of solar equipment you need.
If you're looking for a solar installer in Massac, the EcoWatch team has put together a list of our top suggestions here:
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 Massac
Factors that Affect Solar Panel Costs in Massac
For many Massac homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Massac, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay about $3,650 per kilowatt in Massac.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Massac, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, 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
Many homeowners find the average cost of solar in Massac to be prohibitively expensive, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides financing options. Solar loans substantially decrease upfront costs in most cases, but they also result in a higher cost over time because of interest.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
Lastly, the company you get to install your solar system can influence your pricing. Massac’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 equipment prices, 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 | $3.80 | $15,943 | $13,107 | 13.7 years |
| 8 kW | $3.72 | $20,849 | $17,885 | 13.5 years |
| 10 kW | $3.65 | $25,550 | $22,867 | 13.2 years |
| 12 kW | $3.58 | $30,047 | $28,054 | 12.9 years |
| 14 kW | $3.50 | $34,339 | $33,445 | 12.7 years |
| 16 kW | $3.43 | $38,427 | $39,040 | 12.4 years |
| 18 kW | $3.36 | $42,311 | $44,840 | 12.1 years |
| 20 kW | $3.29 | $45,990 | $50,844 | 11.9 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Massac, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Solar Panel Brands: The type of solar panel you need plays a part in which company you should opt for, since different companies provide different panels.
- Contract: Look through the contract terms closely to make sure you understand how much it will cost, completion timeline rebates and warranties.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Massac, KY Solar Cost FAQs
What is the average cost of installing solar panels in Massac?
This is a hard question to answer exactly, 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. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Massac?
Leasing solar panels can be an appealing choice, as it often comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
How much can I save on electricity bills after installing solar panels?
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 $968.34 per year.
How often do you have to replace solar panels?
Even though 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 continue to use 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.