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Top Solar Installers in Nowthen
Many homeowners opt for a solar panel installer since installing solar panels yourself can be hard. The expertise that solar companies provide can be invaluable as well, particularly if you don't quite know what brand of solar equipment would be right for your home.
Working with a professional solar installer can help your solar project go smoothly. Here are our recommendations:
See all of the solar companies in Nowthen
Factors that Affect Solar Panel Costs in Nowthen
There are a number of 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 installs your solar panels.
Solar Equipment Size
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size. Solar power systems that have greater efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,840. There are a lot of different solar panel brands and the one you choose also changes the cost. Generally, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you want 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
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That's why many Nowthen homeowners opt to finance their solar panel systems to offset upfront costs. Although solar loans make switching to solar energy more accessible for Nowthen homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Finally, the company you hire to install your solar system can affect your pricing. Nowthen's solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices because of their larger brand name and access to bulk equipment 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||$2.95||$12,405||$16,290||10.8 years|
|8 kW||$2.90||$16,222||$22,038||10.6 years|
|10 kW||$2.84||$19,880||$27,945||10.4 years|
|12 kW||$2.78||$23,379||$34,012||10.2 years|
|14 kW||$2.73||$26,719||$40,237||10.0 years|
|16 kW||$2.67||$29,900||$46,621||9.8 years|
|18 kW||$2.61||$32,921||$53,164||9.6 years|
|20 kW||$2.56||$35,784||$59,867||9.4 years|
Solar Incentives in Nowthen
How to Save on Solar Panels
The solar installer you choose will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, such as:
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Contract: It's important to read through your solar installer's contract fully to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Even though there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of options before making your decision.
- Warranty: Warranties that cover defective panels and repairs over a couple decades are the best you can get in the business, and offering that kind of warranty is one indication of a good company.
EcoWatch's Nowthen, 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.