Solar Panel Cost Guide in Le Sueur, MN (2025 Update)
- Le Sueur Solar Installation Cost: $20,071
- 25-Year Savings: $20,244
- Payback Period: 14.6 Years
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Average Cost of Solar Panels in Le Sueur
We go over average solar pricing in Le Sueur.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Le Sueur, the typical cost of solar panels is 4 per watt.The average Le Sueur homeowner needs a 7.1-kilowatt system, which would cost about $20,071 with the federal tax credit, or $28,702 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The exact cost of making the switch to solar can vary quite a bit based on a few factors, such as how many panels you need, your energy consumption and what company you go with.But, once you've paid the initial cost of installation, the ROI for most homeowners is quite fruitful, with a net average savings of about $18,000 over 20 years on utility bills.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Le Sueur
| Year | Return on Investment |
|---|---|
| 1 years | $-18,792 |
| 3 years | $-16,233 |
| 5 years | $-13,674 |
| 7 years | $-11,115 |
| 9 years | $-8,556 |
| 11 years | $-5,997 |
| 13 years | $-3,438 |
| 15 years | $-879 |
| 17 years | $1,679 |
| 19 years | $4,238 |
| 21 years | $6,797 |
| 23 years | $9,356 |
| 25 years | $11,915 |
Top Solar Installers in Le Sueur
When making the switch to solar, many homeowners prefer to use a solar company since installing a solar system yourself can be a difficult project. Another good thing about using a top solar installer is that it'll provide warranties and free repairs, which help protect your investment.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
See all of the solar companies in Le Sueur
Factors that Affect Solar Panel Costs in Le Sueur
The cost of installing a solar system in Le Sueur can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $4,030.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Le Sueur, where sunlight isn’t as abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Le Sueur provide solar loans, which reduce your upfront costs of installing solar.However, the interest on solar loans also adds to your total costs, so it’s crucial to consider that as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar installation company you choose will influence your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and go with the company that has the products, warranties and services you’re looking for and also fits within your budget.
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 | $11,397 | 15.2 years |
| 8 kW | $4.11 | $23,019 | $15,647 | 14.9 years |
| 10 kW | $4.03 | $28,210 | $20,123 | 14.6 years |
| 12 kW | $3.95 | $33,175 | $24,824 | 14.3 years |
| 14 kW | $3.87 | $37,914 | $29,752 | 14.0 years |
| 16 kW | $3.79 | $42,428 | $34,905 | 13.7 years |
| 18 kW | $3.71 | $46,716 | $40,283 | 13.4 years |
| 20 kW | $3.63 | $50,778 | $45,887 | 13.1 years |
How to Save on Solar Panels
Since the brand of solar panels and the installer you choose has an impact on your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Before signing a contract with a solar company, be sure to look it over carefully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years most likely offer quality solar panel installation and expertise.
- Solar Panel Brands: Different companies offer various brands and models of panels. If you prefer a specific brand, make sure the solar company you’re considering has it.
EcoWatch's Le Sueur, MN Solar Cost FAQs
How much does it cost to install solar panels in Le Sueur?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Generally 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 cost more if you want other solar equipment or more efficient panels, or if you have above-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or cheaper solar panels.
What other factors should I consider in addition to cost when buying solar panels?
The upfront cost is a key 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 be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Does Le Sueur have a net metering program?
Most states have net metering programs of some kind. Through these, you can get paid for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.