Solar Panel Cost Guide in Black Jack, MO (Mar 2023)
- Black Jack Solar Installation Cost: $13,108
- 25-Year Savings: $18,723
- Payback Period: 10.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Black Jack
Find out how much it might cost to install solar panels in Black Jack.
Although the national average of solar panels is $2.66 per watt, solar panels in Black Jack generally cost around 2.59. Using this figure, a typical 7.2-kW system would cost about $13,108 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of installing solar panels can vary depending on a few factors, such as how many panels you need, your energy usage and what installation company you go with. Many homeowners find going solar is a rewarding investment. The average homeowner in Black Jack can save about $17,000 on their energy bills over 20 years.
Click the button below to get connected to a reputable solar panel company in Black Jack for a customized quote.
Solar savings over time in Black Jack
| Year | Return on Investment |
|---|---|
| 1 years | $-11,835 |
| 3 years | $-9,288 |
| 5 years | $-6,742 |
| 7 years | $-4,195 |
| 9 years | $-1,649 |
| 11 years | $898 |
| 13 years | $3,444 |
| 15 years | $5,990 |
| 17 years | $8,537 |
| 19 years | $11,083 |
| 21 years | $13,630 |
| 23 years | $16,176 |
| 25 years | $18,723 |
Top Solar Installers in Black Jack
Although it's possible to install solar panels yourself, it involves extra energy and know-how. For that reason, almost all homeowners choose a solar panel installer. Plus, if you aren't sure what brand of solar panels and equipment you need, a solar company can help you figure that out after a site survey and consultation.
If you're searching for a solar installer in Black Jack, we've put together a list of our top suggestions here:
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 Black Jack
Factors that Affect Solar Panel Costs in Black Jack
For many Black Jack homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Black Jack, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have 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 $2,590. There are many different solar panel brands and the one you choose also changes the cost. Usually, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Black Jack offer solar loans, which reduce the initial cost of installing a solar system. However, the interest on solar loans also adds to your all-in costs, so it's important to include that in your estimate as well. You can always reduce the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Black Jack is the company you hire to install your solar panel system. As with choosing a company to build a deck or pool, for example, there are plenty of solar installers that provide a range of services at different costs. Larger national companies usually have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on 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 | $2.69 | $11,313 | $15,095 | 10.7 years |
| 8 kW | $2.64 | $14,794 | $20,417 | 10.5 years |
| 10 kW | $2.59 | $18,130 | $25,884 | 10.3 years |
| 12 kW | $2.54 | $21,321 | $31,496 | 10.1 years |
| 14 kW | $2.49 | $24,367 | $37,253 | 9.9 years |
| 16 kW | $2.43 | $27,268 | $43,155 | 9.7 years |
| 18 kW | $2.38 | $30,023 | $49,202 | 9.5 years |
| 20 kW | $2.33 | $32,634 | $55,394 | 9.3 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose greatly impacts your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. While there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of offerings before deciding.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Reputation: Well-established companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Contract: When reading through your solar installer's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
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 Black Jack, MO Solar Cost FAQs
How much does it cost to install solar panels in Black Jack?
The average cost of solar panels in Black Jack is about $12,950 for a 5-kW system and $25,900 for a 10-kW system before the ITC, but the real cost will depend on things such as the model of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Black Jack?
Leasing solar panels can be an attractive choice, because it usually comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better option if you want to get the most savings.
Can you sell solar power back to the grid in Black Jack?
Most states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
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 higher 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.