Solar Panel Cost Guide in Chaska, MN (2024 Update)
- Chaska Solar Installation Cost: $20,100
- 25-Year Savings: $18,775
- Payback Period: 15.3 Years
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Average Cost of Solar Panels in Chaska
We break down average solar pricing in Chaska.
The average cost of a solar system in Chaska is 4 per watt.The average solar panel system size in Chaska is around 7.1 kilowatts, meaning a cost of about $20,100 for a solar installation, or $28,743 before the 0 federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy use, the type of solar panels you choose, your solar contractor and more.With typical savings of about $18,000 on electricity bills over 20 years, many homeowners in Chaska find going solar can be quite rewarding.
To calculate your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Chaska
Year | Return on Investment |
---|---|
1 years | $-18,821 |
3 years | $-16,262 |
5 years | $-13,703 |
7 years | $-11,144 |
9 years | $-8,585 |
11 years | $-6,026 |
13 years | $-3,467 |
15 years | $-908 |
17 years | $1,650 |
19 years | $4,209 |
21 years | $6,768 |
23 years | $9,327 |
25 years | $11,886 |
Top Solar Installers in Chaska
Many homeowners opt for a solar panel installer since trying to put up solar panels by yourself can be hard. Another great thing about going with a reputable solar installer is that it'll usually provide warranties and free repairs, which help protect your solar investment.
If you’d like to go solar but still aren’t certain which solar system company to go with, here are our recommendations for providers nearby:
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 Chaska
Factors that Affect Solar Panel Costs in Chaska
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that determine your overall cost in Chaska: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. Because of that, it’s a priority to accurately assess 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 choose also changes the cost. In general, the brands that are more efficient tend to also cost more. Plus, the type of equipment you choose can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That’s why many Chaska homeowners choose to finance their solar panel systems to offset upfront costs.However, the interest on solar loans also adds to your overall costs, so it’s crucial to take that into consideration as well. You can always reduce the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you go with to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar panel companies in Chaska, and each can charge varying amounts for labor and equipment.You may notice national solar installers that have lower prices because of their larger 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 | $4.19 | $17,603 | $10,135 | 15.9 years |
8 kW | $4.11 | $23,019 | $13,965 | 15.6 years |
10 kW | $4.03 | $28,210 | $18,020 | 15.3 years |
12 kW | $3.95 | $33,175 | $22,301 | 15.0 years |
14 kW | $3.87 | $37,914 | $26,808 | 14.6 years |
16 kW | $3.79 | $42,428 | $31,541 | 14.3 years |
18 kW | $3.71 | $46,716 | $36,499 | 14.0 years |
20 kW | $3.63 | $50,778 | $41,683 | 13.7 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a challenge, we have some tips to help you, such as:
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. Although there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you ask for their list of offerings before deciding.
- Contract: It’s important to look over your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
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 Chaska, MN Solar Cost FAQs
How much does it cost to install solar panels in Chaska?
This is a tough question to answer precisely, because the cost depends on a few different factors. Broadly 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 be more expensive if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Chaska?
You can’t get solar panels for free in Chaska. 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 prefer to own your solar panels, you can finance them with a solar loan.
Can solar panels eliminate my electricity bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Chaska, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can 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 buy between 20 and 35 panels to cover 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.