Solar Panel Cost Guide in Bonne Terre, MO (Nov 2022)

  • Bonne Terre Solar Installation Cost: $13,035
  • 25-Year Savings: $20,719
  • Payback Period: 9.7 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Bonne Terre

Let's take a look at the average cost of solar in Bonne Terre.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Bonne Terre, the average cost of a solar system is $3 per watt. Since a 7.2-kW system is needed to cover the energy usage of a typical home in Bonne Terre, the average price of going solar will be about $13,035 before claiming the federal solar tax credit of 30%.

The prices above are just estimates to give you an idea of the cost of a solar energy system. The true cost of going solar can vary quite a bit depending on a few factors, such as what size system you need, your energy consumption and what installation company you go with. Despite the large upfront cost, the average Bonne Terre homeowner can save about $18,000 on their electricity bills over 20 years, which is one of the positives of solar.

You can click the button below to get connected with a top solar installer in Bonne Terre for a quote for your home.

Solar savings over time in Bonne Terre

Year Return on Investment
1 years $-11,685
3 years $-8,985
5 years $-6,285
7 years $-3,584
9 years $-884
11 years $1,816
13 years $4,517
15 years $7,217
17 years $9,917
19 years $12,618
21 years $15,318
23 years $18,018
25 years $20,719

Top Solar Installers in Bonne Terre

Many homeowners opt for a solar panel company since trying to put up solar panels on your own can be a labor-intensive endeavor. The expertise that solar installers offer can be useful as well, particularly if you don't quite know what kind of solar equipment would be right for your home.

If you're looking for a solar installer in Bonne Terre, we've put together a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Bonne Terre

Factors that Affect Solar Panel Costs in Bonne Terre

The cost of installing a solar system in Bonne Terre can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.

Solar Equipment

System size is one of the largest factors that affects the overall cost of installing solar panels. That's why it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use. The brand and kind of equipment you want 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 a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.

Solar Financing Terms

Most solar companies in Bonne Terre have solar loans, which reduce your upfront costs of installing solar. You'll have to consider the long-term cost of financing options, including the total 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 more than the principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs remarkably.

Solar Panel Installation Company

The last key cost factor you should consider is the installer you choose. Given the booming popularity of sustainable energy solutions in Bonne Terre, you'll have plenty of options to choose from, but each comes at varying price points for labor and equipment. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and choose a company that provides the products, warranties and services you want and also is within your budget.

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 $16,866 10.0 years
8 kW $2.64 $14,794 $22,779 9.8 years
10 kW $2.59 $18,130 $28,836 9.7 years
12 kW $2.54 $21,321 $35,038 9.5 years
14 kW $2.49 $24,367 $41,385 9.3 years
16 kW $2.43 $27,268 $47,878 9.1 years
18 kW $2.38 $30,023 $54,515 8.9 years
20 kW $2.33 $32,634 $61,298 8.7 years

How to Save on Solar Panels

The solar panel company you opt for will influence not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should take into account, including:

  • Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
  • Warranty: Warranties that cover replacement parts 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.
  • Solar Panel Brands: The brand of solar panel you need to install plays a part in which company you should opt for, since different companies offer different panels.
  • Contract: Before signing a contract with a solar company, be sure to read it through completely so you understand the terms. Also, ask questions if you're not sure 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 National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Bonne Terre, MO Solar Cost FAQs

How much does it cost to install solar panels in Bonne Terre?

The average cost of solar panels in Bonne Terre is about $12,950 for a 5-kW system and $25,900 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the type of solar panels you want, what size system you need and how much energy you use.

What other factors should I consider aside from cost when buying solar panels?

Cost is a key factor to consider, but whether it's the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.

Does Bonne Terre have a net metering program?

Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future energy bills.

How many solar panels do I need to power my home?

To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.

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.

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