Why you can trust EcoWatch
Top Solar Installers in Delano
Although it's possible to install solar panels on your own, it requires extra time and handiness. For that reason, most homeowners choose to hire a solar panel installer. Another benefit of utilizing a solar company is that they can help you make the most of your ROI by reducing your future costs of repairs and replacements because of warranties and giving you information on local incentives you can take advantage of.
If you're on the hunt for a solar company in Delano, the EcoWatch team has put together a list of our top suggestions here:
See all of the solar companies in Delano
Factors that Affect Solar Panel Costs in Delano
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few primary factors that affect your total cost in Delano: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment Size
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 power your household consumes, the larger your system will likely need to be. You can expect to spend around $2,840 per kilowatt in Delano. There are a lot of different solar panel brands and the one you pick also affects the cost. Usually, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are available from most installers in Delano, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The solar panel installer you select will influence your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor. You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
Solar Panel Cost Data by System Size
|System size||Cost per system watt||Solar system cost||25-Year savings||Payback period|
|6 kW||$2.95||$12,405||$14,621||11.5 years|
|8 kW||$2.90||$16,222||$19,813||11.3 years|
|10 kW||$2.84||$19,880||$25,163||11.0 years|
|12 kW||$2.78||$23,379||$30,673||10.8 years|
|14 kW||$2.73||$26,719||$36,342||10.6 years|
|16 kW||$2.67||$29,900||$42,170||10.4 years|
|18 kW||$2.61||$32,921||$48,157||10.2 years|
|20 kW||$2.56||$35,784||$54,303||9.9 years|
Solar Incentives in Delano
|Name||Wind and Solar-Electric (PV) Systems Exemption|
|Incentive Amount|| Solar: 100% exemption from real property taxes |
Wind: 100% exemption from real and personal property taxes
|More Info||Click here|
|Name||Solar Energy Sales Tax Exemption|
|Incentive Amount||100% exemption|
|More Info||Click here|
|Name||Xcel Energy - Solar*Rewards Program|
|Incentive Amount|| Residential Systems: $0.07 per kWh produced over 10 years. |
Income-Qualified Residential Systems: $0.07 per kWh produced over 10 years, plus $2.00/W up-front.
Income-Qualified Multifamily: $0.06 per kWh produced over 10 years, plus $1.00/W up-front.
Income-Qualified Solar Garden: $0.06 per kWh produced over 10 years, plus $0.50/W up-front.
Commercial Systems: $0.06 per kWh produced over 10 years
|More Info||Click here|
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Reputation: Your solar installer should have a sound reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Solar Panel Brands: Different companies will have different brands and types of panels. If you want a specific brand, make sure the solar panel company you're considering has it.
- Warranty: If you care about the endurance of your solar panel system, making sure your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: When looking over your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
EcoWatch's Delano, MN Solar Cost FAQs
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.