Solar Panel Cost Guide in Morris, MN (2025 Update)
- Morris Solar Installation Cost: $19,859
- 25-Year Savings: $16,347
- Payback Period: 16.4 Years
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Average Cost of Solar Panels in Morris
Find out what the average cost of installing solar panels is in Morris.
The national average cost of solar panels is $2.66 per watt, but in Morris it’s 4 per watt.To cover the typical energy needs of the average home in Morris, most homeowners require a 7.0-kilowatt system. Using the figure above, a solar installation costs about $19,859, or $28,398 before the federal solar tax credit of 0 is applied.
Keep in mind that the figures above are only estimates based on the average Morris homeowner. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.With average savings of about $16,000 on energy bills over 20 years, many homeowners in Morris find going solar can be quite rewarding.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Morris
| Year | Return on Investment |
|---|---|
| 1 years | $-18,897 |
| 3 years | $-16,972 |
| 5 years | $-15,047 |
| 7 years | $-13,123 |
| 9 years | $-11,198 |
| 11 years | $-9,274 |
| 13 years | $-7,349 |
| 15 years | $-5,424 |
| 17 years | $-3,500 |
| 19 years | $-1,575 |
| 21 years | $350 |
| 23 years | $2,274 |
| 25 years | $4,199 |
Top Solar Installers in Morris
Trying to put up solar panels yourself can be a stressful project, which is why using a solar installation company is a good option for many homeowners. Local solar installers can also help you maximize your return on investment by walking you through any local incentives and by providing warranties and repairs.
If you’d like to go solar but still aren’t sure which solar company to go with, here are our suggestions for providers in Morris:
See all of the solar companies in Morris
Factors that Affect Solar Panel Costs in Morris
Though the average cost of a solar system in Morris is $19,859, your final cost may be higher or lower than that. There are quite a few factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $4,030. There are many different solar panel brands and the one you choose also affects the cost. In many cases, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you choose can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Morris offer solar loans, which reduce the initial cost of installing solar.While solar loans make switching to solar energy more accessible for Morris homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panel system can affect how much it costs. Morris’s solar companies all have different labor costs and add varying upcharges to equipment. You may come across 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 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 | $4.19 | $17,603 | $8,258 | 17.0 years |
| 8 kW | $4.11 | $23,019 | $11,462 | 16.7 years |
| 10 kW | $4.03 | $28,210 | $14,892 | 16.4 years |
| 12 kW | $3.95 | $33,175 | $18,547 | 16.0 years |
| 14 kW | $3.87 | $37,914 | $22,428 | 15.7 years |
| 16 kW | $3.79 | $42,428 | $26,535 | 15.4 years |
| 18 kW | $3.71 | $46,716 | $30,867 | 15.1 years |
| 20 kW | $3.63 | $50,778 | $35,425 | 14.7 years |
How to Save on Solar Panels
The company that does your solar system 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 a challenge, we have some tips to help you, such as:
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: When going solar, it’s crucial to keep an open line of communication with your solar panel installer. Make sure you understand how the installation process will go and the project completion timeline.
- Solar Panel Brands: Different companies have various brands and kinds of panels. If you prefer a specific brand, make sure the solar installer you’re considering has it.
EcoWatch's Morris, MN Solar Cost FAQs
What is the average cost of installing solar panels in Morris?
The average cost of solar panels in Morris is about $20,150 for a 5-kW system and $40,300 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider aside from cost when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will solar panels impact my property value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Morris is currently $205,422, so you could be looking at a value of about $8,422 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Morris is a worthwhile investment.
How long do solar panels last in Morris?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them after having 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.