Solar Panel Cost Guide in International Falls, MN (2025 Update)
- International Falls Solar Installation Cost: $21,783
- 25-Year Savings: $22,359
- Payback Period: 14.4 Years
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Average Cost of Solar Panels in International Falls
We go over average solar pricing in International Falls.
The average cost of solar panels in International Falls is 4 per watt.The average solar panel system size in International Falls is around 7.7 kilowatts, meaning a cost of about $21,783 for a solar installation, or $31,150 before the 0 federal solar tax credit is applied.
These figures are just averages, and your own solar costs may look different based on your energy needs and what company you go with.Many homeowners find installing a solar system is a sound investment. The average homeowner in International Falls can save around $19,000 on their power bills over 20 years.
To receive a free estimate from a pre-vetted solar company in International Falls, you can click the button below.
Solar savings over time in International Falls
| Year | Return on Investment |
|---|---|
| 1 years | $-20,625 |
| 3 years | $-18,308 |
| 5 years | $-15,991 |
| 7 years | $-13,674 |
| 9 years | $-11,357 |
| 11 years | $-9,040 |
| 13 years | $-6,723 |
| 15 years | $-4,406 |
| 17 years | $-2,089 |
| 19 years | $228 |
| 21 years | $2,544 |
| 23 years | $4,861 |
| 25 years | $7,178 |
Top Solar Installers in International Falls
Putting up solar panels by yourself can be a stressful task, which is why hiring a solar installer is a good option for many homeowners. Because solar panels are exposed to rain, snow, hail and wind, depending on the climate, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some nearby:
See all of the solar companies in International Falls
Factors that Affect Solar Panel Costs in International Falls
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that determine your overall cost in International Falls: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to spend about $4,030 per kilowatt in International Falls.The kind of solar panels and equipment you get is another factor that will considerably impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment consists of more than just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That’s why many International Falls homeowners decide to finance their solar panel systems to make going solar more affordable.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in International Falls is the company you get to install your solar system. Similar to choosing a company to build a deck or pool, for example, there are plenty of solar installers that provide a range of services for different budgets.The company’s size sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have more resources and better pricing. Smaller local companies might be more costly, but they generally 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 | $11,698 | 15.0 years |
| 8 kW | $4.11 | $23,019 | $16,049 | 14.7 years |
| 10 kW | $4.03 | $28,210 | $20,626 | 14.4 years |
| 12 kW | $3.95 | $33,175 | $25,428 | 14.2 years |
| 14 kW | $3.87 | $37,914 | $30,456 | 13.9 years |
| 16 kW | $3.79 | $42,428 | $35,709 | 13.6 years |
| 18 kW | $3.71 | $46,716 | $41,188 | 13.3 years |
| 20 kW | $3.63 | $50,778 | $46,893 | 13.0 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Warranty: If you’re concerned about the longevity of your solar panels, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you choose.
- Contract: Although reading through a contract can be tedious, it’s important to do it carefully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to get the job done well. Another way you can check your installer’s reputation is by reading reviews.
EcoWatch's International Falls, MN Solar Cost FAQs
What is the average cost of installing solar panels in International Falls?
The average cost of solar panels in International Falls is about $20,150 for a 5-kW system and $40,300 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the type of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider other than cost when buying solar panels?
Cost is a very important factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Do solar panels increase your home value?
Solar panels can increase your home value remarkably as long as you buy or finance your panels and don’t opt for 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."
How long do solar panels last in International Falls?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.