Solar Panel Cost Guide in Becker, MN (2024 Update)
- Becker Solar Installation Cost: $20,198
- 25-Year Savings: $21,592
- Payback Period: 14.1 Years
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Average Cost of Solar Panels in Becker
Let’s have a look at the average cost of solar in Becker.
The average cost of solar panels in Becker is 4 per watt.Using this figure, a typical 7.2-kW system would cost about $20,198 before the 0 federal solar tax credit is applied.
The true cost of your system can be above or below the average in Becker depending on several factors, such as the kind of solar panels you choose and the solar company you hire.For most homeowners, the upfront investment in solar is worth paying. On average homeowners in Becker see about $19,000 in savings on electricity bills over 20 years.
Click the button below to get connected to a top solar company in Becker for a custom estimate.
Solar savings over time in Becker
| Year | Return on Investment |
|---|---|
| 1 years | $-18,923 |
| 3 years | $-16,372 |
| 5 years | $-13,822 |
| 7 years | $-11,272 |
| 9 years | $-8,721 |
| 11 years | $-6,171 |
| 13 years | $-3,620 |
| 15 years | $-1,070 |
| 17 years | $1,481 |
| 19 years | $4,031 |
| 21 years | $6,581 |
| 23 years | $9,132 |
| 25 years | $11,682 |
Top Solar Installers in Becker
Trying to install solar panels yourself can be a stressful project, which is why using a solar installation company is a good option for many homeowners. Companies can also offer access to various kinds of the best solar panels and help you choose which one will be right for your family.
If you're looking for a solar installer in Becker, we've put together a list of our top suggestions here:
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 Becker
Factors that Affect Solar Panel Costs in Becker
There are many criteria that can play into 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
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. Because of that, it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use.There are several different solar panel brands and the one you pick also changes the cost. Usually, the brands that are more efficient tend to also cost more. Additionally, the type of equipment you’re looking to get can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are an affordable option because they reduce your upfront costs and let you pay for your system over five to seven years on average.When considering your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Finally, the company you hire to install your solar panel system can play a part in determining your pricing. Becker’s solar companies all have different labor costs and add varying upcharges to equipment. The company’s size can sometimes play the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $4.19 | $17,603 | $12,419 | 14.7 years |
| 8 kW | $4.11 | $23,019 | $17,010 | 14.4 years |
| 10 kW | $4.03 | $28,210 | $21,827 | 14.1 years |
| 12 kW | $3.95 | $33,175 | $26,869 | 13.8 years |
| 14 kW | $3.87 | $37,914 | $32,137 | 13.5 years |
| 16 kW | $3.79 | $42,428 | $37,631 | 13.2 years |
| 18 kW | $3.71 | $46,716 | $43,350 | 13.0 years |
| 20 kW | $3.63 | $50,778 | $49,296 | 12.7 years |
How to Save on Solar Panels
There are numerous companies to choose from in Becker, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Installation Process: When going solar, it’s important to keep an open line of communication with your solar company. See to it that you understand how the installation process will go and the project completion timeline.
- Contract: When reading over your solar company’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Warranty: A comprehensive, long-term warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years likely provide good-quality solar panel installation and expertise.
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 Becker, MN Solar Cost FAQs
How much does it cost to install solar panels in Becker?
This is a hard question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $20,150 for a 5-kW system and $40,300 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on energy bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,000.74 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 choose to replace them after having 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.