Solar Panel Cost Guide in Belton, MO (Mar 2023)
- Belton Solar Installation Cost: $13,017
- 25-Year Savings: $23,647
- Payback Period: 8.9 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Belton
We break down average solar pricing in Belton.
The average cost of solar panels in Belton is 2.59 per watt. To account for the typical energy usage of the average home in Belton, most homeowners require a 7.2-kilowatt system. Using the per-watt figure above, a solar installation costs around $13,017, or $18,614 before the federal solar tax credit of 30% is applied.
Remember that the numbers above are only averages. The price you'll pay for solar may look quite different based on your household energy use, the type of solar panels you choose, your solar contractor and more. Even with the high upfront cost, the average Belton homeowner can save about $19,000 on their energy bills over 20 years, which is one of the advantages of solar.
To receive a free quote from a top solar installation company in Belton, you can click the button below.
Solar savings over time in Belton
Year | Return on Investment |
---|---|
1 years | $-11,551 |
3 years | $-8,618 |
5 years | $-5,685 |
7 years | $-2,751 |
9 years | $182 |
11 years | $3,115 |
13 years | $6,048 |
15 years | $8,981 |
17 years | $11,914 |
19 years | $14,847 |
21 years | $17,780 |
23 years | $20,714 |
25 years | $23,647 |
Top Solar Installers in Belton
When going solar, many homeowners prefer to go with a solar installer since installing a solar system yourself can be a time-consuming project. Companies can also provide access to a large variety of the best solar panels and help you decide which one will be right for you.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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
While the average cost of a solar system in Belton is $13,017, 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 residential solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend around $2,590 per kilowatt in Belton. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are offered by most installers in Belton, which can lower, or in some cases completely eliminate, your upfront costs to make solar more accessible. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you can only 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 considerably.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panel system can affect your pricing. Belton's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Belton know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you 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 | $2.69 | $11,313 | $19,314 | 9.2 years |
8 kW | $2.64 | $14,794 | $26,043 | 9.1 years |
10 kW | $2.59 | $18,130 | $32,916 | 8.9 years |
12 kW | $2.54 | $21,321 | $39,934 | 8.7 years |
14 kW | $2.49 | $24,367 | $47,098 | 8.5 years |
16 kW | $2.43 | $27,268 | $54,406 | 8.3 years |
18 kW | $2.38 | $30,023 | $61,859 | 8.2 years |
20 kW | $2.33 | $32,634 | $69,458 | 8.0 years |
How to Save on Solar Panels
Since the kind of solar panels and the installer you choose considerably impacts your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you choose.
- Contract: Even though reading through a contract can be tedious, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to get the job done well. Another way you can verify your installer's reputation is by reading reviews.
- Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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
How much does it cost to install solar panels in Belton?
This is a tough question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $12,950 for a 5-kW system and $25,900 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have above-average energy consumption. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Are solar panels free in Belton?
You can't get solar panels for free in Belton. However, you may still be able to afford 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.
Do solar panels increase the value of your home?
Solar panels can increase your property's value remarkably as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How long do solar panels last in Belton?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount 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.