Solar Panel Cost Guide in Belton, MO (2024 Update)
- Belton Solar Installation Cost: $16,944
- 25-Year Savings: $23,642
- Payback Period: 11.6 Years
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Average Cost of Solar Panels in Belton
Find out how much it might cost to install solar panels in Belton.
In Belton, solar panels cost about 3 per watt on average.Because a 7.2-kW system is needed to cover the energy consumption of a typical home in Belton, the average price of going solar will be about $16,944 after claiming the federal solar tax credit of 0.
How much you pay can be higher or lower than the average in Belton depending on a variety of factors, such as the brand of solar panels you choose and the solar installer you hire.With average savings of about $19,000 on electricity bills over 20 years, many homeowners in Belton find going solar can be quite rewarding.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Belton
| Year | Return on Investment |
|---|---|
| 1 years | $-15,270 |
| 3 years | $-11,924 |
| 5 years | $-8,577 |
| 7 years | $-5,230 |
| 9 years | $-1,884 |
| 11 years | $1,463 |
| 13 years | $4,810 |
| 15 years | $8,156 |
| 17 years | $11,503 |
| 19 years | $14,850 |
| 21 years | $18,196 |
| 23 years | $21,543 |
| 25 years | $24,889 |
Top Solar Installers in Belton
When switching to solar energy, many homeowners decide to hire a solar company since overseeing your solar installation yourself can be a time-consuming project. Some solar companies, especially local ones, can help you make the most of incentives in Belton, thereby optimizing your ROI.
There are several licensed solar professionals that can help you install your solar panels. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Technology
Tesla Energy
- 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
See all of the solar companies in Belton
Factors that Affect Solar Panel Costs in Belton
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few major factors that determine your overall cost in Belton: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
The size of the solar energy system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,370. 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 energy bills. In addition, add-on products, like solar batteries, can bring your total well above the Belton average.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That’s why many Belton homeowners opt to finance their solar panel systems to make paying for solar more affordable.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The last key cost factor you should keep in mind is the installer you choose. Given the booming popularity of clean energy solutions in Belton, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.Larger national companies generally have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.50 | $14,720 | $15,907 | 12.0 years |
| 8 kW | $3.44 | $19,249 | $21,587 | 11.8 years |
| 10 kW | $3.37 | $23,590 | $27,456 | 11.6 years |
| 12 kW | $3.30 | $27,742 | $33,513 | 11.3 years |
| 14 kW | $3.24 | $31,705 | $39,759 | 11.1 years |
| 16 kW | $3.17 | $35,479 | $46,194 | 10.9 years |
| 18 kW | $3.10 | $39,065 | $52,818 | 10.6 years |
| 20 kW | $3.03 | $42,462 | $59,630 | 10.4 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:
- Warranty: Warranties that provide coverage for replacement parts and repairs over a couple decades are the gold standard in the business, and offering that kind of warranty is one mark of a quality company.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
- Installation Process: Make sure you’re aligned with the installer in regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
- Contract: Before you sign a contract with a solar company, make sure to look it over fully so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Technology
Tesla Energy
- 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
EcoWatch's Belton, MO Solar Cost FAQs
What is the average cost of installing solar panels in Belton?
The average cost of solar panels in Belton is about $16,850 for a 5-kW system and $33,700 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Belton?
You can’t get solar panels for free in Belton. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
How much can I save on power bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,020.92 per year.
How long do solar panels last in Belton?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.