Solar Panel Cost Guide in Jordan, MN (Jan 2023)
- Jordan Solar Installation Cost: $14,234
- 25-Year Savings: $19,097
- Payback Period: 10.7 Years
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Top Solar Installers in Jordan
When going solar, many homeowners opt to go with a solar installer since installing solar panels yourself can be a difficult project. The expertise that solar companies provide can be helpful as well, especially if you don't quite know what kind of solar equipment would be right for your home.
If you'd like to make the switch to solar but still aren't certain which solar system company to go with, here are our suggestions for providers near you:
See all of the solar companies in Jordan
Factors that Affect Solar Panel Costs in Jordan
There are several criteria that can influence your solar system 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.
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend around $2,840 per kilowatt in Jordan. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your power bills. In addition, extra products, such as solar batteries, can bring your total well above the Jordan average.
Solar Financing Terms
Most solar installers in Jordan have solar loans, which reduce your upfront costs of installing a solar system. 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 can only 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 securing a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The last major cost factor you should consider is the installer you choose. Given the growing popularity of clean energy solutions in Jordan, you'll have many options to choose from, but each comes at different price points for labor and equipment. Additionally, some companies in Jordan are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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||$15,530||11.1 years|
|8 kW||$2.90||$16,222||$21,024||10.9 years|
|10 kW||$2.84||$19,880||$26,678||10.7 years|
|12 kW||$2.78||$23,379||$32,491||10.5 years|
|14 kW||$2.73||$26,719||$38,462||10.2 years|
|16 kW||$2.67||$29,900||$44,593||10.0 years|
|18 kW||$2.61||$32,921||$50,883||9.8 years|
|20 kW||$2.56||$35,784||$57,332||9.6 years|
How to Save on Solar Panels
There are many companies available in Jordan, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like EcoWatch.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should secure and what the project timeline is.
- Contract: When looking through your solar company's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Solar Panel Brands: The brand of solar panel you want to get plays a role in which installer you should choose, since different companies have access to different panels.
EcoWatch's Jordan, 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.