Solar Panel Cost Guide in Le Sueur, MN (Mar 2023)

  • Le Sueur Solar Installation Cost: $14,135
  • 25-Year Savings: $20,254
  • Payback Period: 10.3 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated March 14, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Le Sueur

Find out what the average cost of solar panels are in Le Sueur.

The national average cost of solar panels is $2.66 per watt, but in Le Sueur it's 2.84 per watt. The average solar panel system size in Le Sueur is around 7.1 kilowatts, meaning a cost of about $14,135 for a solar installation, or $20,213 before the 30% federal solar tax credit is applied.

Remember that the numbers above are only averages. The price you'll pay for solar may vary based on your household energy use, the type of equipment you want to get, your solar contractor and more. With average savings of about $18,000 on power bills over 20 years, many homeowners in Le Sueur find going solar can be quite rewarding.

Click the button below to get connected to a reputable solar company in Le Sueur for a custom estimate.

Solar savings over time in Le Sueur

Year Return on Investment
1 years $-12,759
3 years $-10,008
5 years $-7,257
7 years $-4,506
9 years $-1,755
11 years $996
13 years $3,747
15 years $6,498
17 years $9,250
19 years $12,001
21 years $14,752
23 years $17,503
25 years $20,254

Top Solar Installers in Le Sueur

Although it's possible to install solar panels yourself, it takes extra effort and knowledge. That's why most people choose to hire a solar panel installer. Some solar companies, especially local ones, can help you better understand incentives in Le Sueur, therefore optimizing your ROI.

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 in Le Sueur:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

Tesla Energy

★★★★★
4.5

  • 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

★★★★★
4.0

  • 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 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 determined by several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.

Solar Equipment

The cost of solar panels varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production require 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 $2,840. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for 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, more efficient panels could save you more over time on your power bills. Additionally, add-on products, like solar batteries, can bring your total well above the Le Sueur average.

Solar Financing Terms

Most solar installers in Le Sueur provide solar loans, which reduce the initial cost of installing solar. When estimating your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying a higher down payment can lower the total interest paid over time.

Solar Panel Installation Company

Finally, the company you choose to install your solar system can impact your pricing. Le Sueur's solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.

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 $16,595 10.7 years
8 kW $2.90 $16,222 $22,444 10.5 years
10 kW $2.84 $19,880 $28,453 10.3 years
12 kW $2.78 $23,379 $34,620 10.1 years
14 kW $2.73 $26,719 $40,947 9.9 years
16 kW $2.67 $29,900 $47,433 9.7 years
18 kW $2.61 $32,921 $54,078 9.5 years
20 kW $2.56 $35,784 $60,881 9.3 years

How to Save on Solar Panels

The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be difficult, we have some tips to help you, such as:

  • Solar Panel Brands: Different companies will have various brands and models of panels. If you want a specific brand, make sure the solar company you're considering has it.
  • Contract: Even though reading through a contract can take a lot of time, it's important to do it thoroughly so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
  • Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years in most cases provide quality solar panel installation and expertise.
  • Warranty: Warranties that cover panel repairs and maintenance over around 25 years are the best you can get in the business, and offering such a warranty is one indication of a good company.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

Tesla Energy

★★★★★
4.5

  • 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

★★★★★
4.0

  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

EcoWatch's Le Sueur, MN Solar Cost FAQs

What is the average cost of installing solar panels in Le Sueur?

The average cost of solar panels in Le Sueur 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 such as the type of solar panels you want, what size system you need and how much energy you consume.

What other factors should I consider other than cost when buying solar panels?

Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

Can solar panels completely eradicate my electricity bills?

It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Le Sueur, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.

How many solar panels should I get to power my home?

The exact number of solar panels you need depends on your household energy needs and how much 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 buy between 20 and 35 panels to cover 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.

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