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Top Solar Installers in Victoria
Although it's possible to install solar panels yourself, it takes extra time and knowledge. Because of that, most homeowners choose a solar panel installer. Plus, warranties and repairs from your solar panel company can protect your investment and lower the cost of maintenance over the lifespan of your panels.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Victoria
Factors that Affect Solar Panel Costs in Victoria
Although the average cost of solar panels in Victoria is $14,174, your final cost may differ. There are many factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to consider.
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. Solar power systems with higher efficiency or power generation 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 solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get 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, higher efficiency could save you more in the long run on your electric bills. Additionally, add-on products, like solar batteries, can bring your total well above the Victoria average.
Solar Financing Terms
Most solar installers in Victoria provide solar loans, which reduce the initial cost of installing solar panels. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The remaining key cost factor you should keep in mind is the installer you choose. Given the growing popularity of green energy solutions in Victoria, you'll have many options to choose from, but each comes at different price points for labor and equipment. Additionally, some companies in Victoria have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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||$15,539||11.1 years|
|8 kW||$2.90||$16,222||$21,037||10.9 years|
|10 kW||$2.84||$19,880||$26,693||10.7 years|
|12 kW||$2.78||$23,379||$32,509||10.5 years|
|14 kW||$2.73||$26,719||$38,484||10.2 years|
|16 kW||$2.67||$29,900||$44,618||10.0 years|
|18 kW||$2.61||$32,921||$50,911||9.8 years|
|20 kW||$2.56||$35,784||$57,363||9.6 years|
How to Save on Solar Panels
The solar company you choose will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, such as:
- Contract: Look through the contract terms closely to make sure you understand the cost breakdown, project timeline incentives and warranties.
- Warranty: Many companies offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can research your installer's reputation is by reading reviews.
- Solar Panel Brands: The brand of solar panel you want plays a role in which company you should opt for, since different companies provide different panels.
EcoWatch's Victoria, 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.