Solar Panel Cost Guide in Isanti, MN (2024 Update)
- Isanti Solar Installation Cost: $20,229
- 25-Year Savings: $23,353
- Payback Period: 13.4 Years
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Average Cost of Solar Panels in Isanti
See how much it might cost to go solar in Isanti.
Although the national average of solar panels is $2.66 per watt, solar panels in Isanti generally cost about 4.Using this figure, a typical 7.2-kW system would cost about $20,229 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of installing solar panels can vary quite a bit based on a few factors, such as what size system you need, your energy consumption and what installation company you go with.But, after you've paid the upfront cost of installation, the return on investment for most homeowners is usually good, with a net average savings of about $20,000 over 20 years on electricity bills.
You can click the button below to get connected with a pre-vetted solar company in Isanti for a quote for your home.
Solar savings over time in Isanti
| Year | Return on Investment |
|---|---|
| 1 years | $-18,950 |
| 3 years | $-16,391 |
| 5 years | $-13,832 |
| 7 years | $-11,273 |
| 9 years | $-8,714 |
| 11 years | $-6,155 |
| 13 years | $-3,596 |
| 15 years | $-1,037 |
| 17 years | $1,522 |
| 19 years | $4,080 |
| 21 years | $6,639 |
| 23 years | $9,198 |
| 25 years | $11,757 |
Top Solar Installers in Isanti
When going solar, many homeowners opt to hire a solar company since putting up solar panels yourself can be a difficult project. Plus, warranties and repairs from your solar panel installer can protect your investment and reduce the cost of maintenance over time.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some nearby:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
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 Isanti
Factors that Affect Solar Panel Costs in Isanti
The cost of installing a solar system in Isanti can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the cost of solar panels in Isanti, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can determine by looking at past power bills. Your total cost can increase by around $4,030 for each additional kilowatt you need.The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar companies in Isanti offer solar loans, which reduce your upfront costs of installing a solar system.It’s wise to factor 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 how long it’ll take to pay off the loan.
Solar Panel Installation Company
The solar installation company you pick will play a role in your total cost to go solar. Different companies will bill different amounts for the equipment and labor.Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
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 | $13,865 | 14.0 years |
| 8 kW | $4.11 | $23,019 | $18,938 | 13.7 years |
| 10 kW | $4.03 | $28,210 | $24,236 | 13.4 years |
| 12 kW | $3.95 | $33,175 | $29,761 | 13.2 years |
| 14 kW | $3.87 | $37,914 | $35,511 | 12.9 years |
| 16 kW | $3.79 | $42,428 | $41,487 | 12.6 years |
| 18 kW | $3.71 | $46,716 | $47,688 | 12.4 years |
| 20 kW | $3.63 | $50,778 | $54,115 | 12.1 years |
How to Save on Solar Panels
The solar company you go with will affect not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should consider, including:
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Contract: Read the contract terms closely to make sure you understand how much it will cost, project completion timeline incentives and warranties.
- Solar Panel Brands: The type of solar panel you want plays a role in which company you should go with, since different companies have different panels.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
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 Isanti, MN Solar Cost FAQs
How much does it cost to install solar panels in Isanti?
This is a tough question to answer precisely, because the cost depends on many 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 other solar equipment or higher quality 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 less efficient solar panels.
Should I lease or buy solar panels in Isanti?
Leasing solar panels can be an attractive choice, as it typically comes with low or $0 upfront payments. The downside 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 incentives and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
Does Isanti have a net metering program?
Most states offer net metering programs of some kind. Through these, you can either be compensated for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Isanti?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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.
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.