Solar Panel Cost Guide in Kasson, MN (Mar 2023)
- Kasson Solar Installation Cost: $14,294
- 25-Year Savings: $22,199
- Payback Period: 9.8 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Kasson
See how much it might cost to go solar in Kasson.
Although the national average of solar panels is $2.66 per watt, solar panels in Kasson typically cost about 2.84. The average solar panel system size in Kasson is around 7.2 kilowatts, meaning a cost of about $14,294 for a solar installation, or $20,440 before the 30% federal solar tax credit is applied.
The true cost of your system can go higher or lower than the average in Kasson depending on several factors, such as the type of solar panels you choose and the solar contractor you hire. For most homeowners, the upfront investment in solar panels is worth paying. On average homeowners in Kasson see about $19,000 in savings on energy bills over 20 years.
To receive a free quote from a top solar installer in Kasson, you can click the button below.
Solar savings over time in Kasson
| Year | Return on Investment |
|---|---|
| 1 years | $-12,834 |
| 3 years | $-9,915 |
| 5 years | $-6,995 |
| 7 years | $-4,076 |
| 9 years | $-1,156 |
| 11 years | $1,763 |
| 13 years | $4,683 |
| 15 years | $7,602 |
| 17 years | $10,522 |
| 19 years | $13,441 |
| 21 years | $16,360 |
| 23 years | $19,280 |
| 25 years | $22,199 |
Top Solar Installers in Kasson
Many homeowners opt for a solar installer since installing solar panels on your own can be challenging. Companies can also offer access to quality options of the best solar panels and help you decide which one will be right for your home.
Working with a licensed solar installer can help you make the most of your investment in solar. Here are our recommendations:
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
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
See all of the solar companies in Kasson
Factors that Affect Solar Panel Costs in Kasson
There are several factors that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
One of the most important 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 electricity your household uses, the larger your system will likely need to be. You can expect to pay around $2,840 per kilowatt in Kasson. There are a lot of different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that are more efficient tend to also be more expensive. In addition, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system out of pocket is too expensive, solar loans are a popular option because they reduce your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. When considering your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Kasson is the company you choose to install your solar panel system. Similar to choosing a company to build a deck or pool, for example, you'll have many options for solar installers that provide a range of services at different costs. You may see national solar installers that have lower prices because of their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials 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 | $18,043 | 10.2 years |
| 8 kW | $2.90 | $16,222 | $24,376 | 10.0 years |
| 10 kW | $2.84 | $19,880 | $30,867 | 9.8 years |
| 12 kW | $2.78 | $23,379 | $37,518 | 9.6 years |
| 14 kW | $2.73 | $26,719 | $44,327 | 9.4 years |
| 16 kW | $2.67 | $29,900 | $51,296 | 9.2 years |
| 18 kW | $2.61 | $32,921 | $58,424 | 9.0 years |
| 20 kW | $2.56 | $35,784 | $65,710 | 8.8 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose greatly influences your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- 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 previous customers and solar experts like the EcoWatch team.
- Contract: Review the contract terms closely to make sure you understand the total cost, project timeline rebates and warranties.
- Installation Process: Make sure you're on the same page with the installer in regard to how the installation process will go and what you need to do before your solar panel system is installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Even though there are many options for which kind 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 options before deciding.
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
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
EcoWatch's Kasson, MN Solar Cost FAQs
How much does it cost to install solar panels in Kasson?
The average cost of solar panels in Kasson is about $14,200 for a 5-kW system and $28,400 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost when buying solar panels?
The initial cost is a very important factor to consider, but whether it's the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Is going solar worth it?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and how much direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can take a 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 install between 20 and 35 panels to account for 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.