Solar Panel Cost Guide in Bowling Green, MO (Sep 2022)

  • Bowling Green Solar Installation Cost: $13,253
  • 25-Year Savings: $20,090
  • Payback Period: 9.9 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Bowling Green

Find out how much it might cost to switch to solar power in Bowling Green.

In Bowling Green, solar panels cost about $3 per watt on average. The average solar panel system size in Bowling Green is around 7.3 kilowatts, meaning a cost of about $13,253 for a solar installation, or $9,807 after the 30% federal solar tax credit is applied.

Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy needs, the type of equipment you want, your solar contractor and more. For many homeowners, the upfront cost of solar panels is worth paying. On average Bowling Green homeowners see about $17,000 in savings on utility bills over 20 years.

For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.

Solar savings over time in Bowling Green

Year Return on Investment
1 years $-11,919
3 years $-9,252
5 years $-6,584
7 years $-3,917
9 years $-1,250
11 years $1,418
13 years $4,085
15 years $6,753
17 years $9,420
19 years $12,088
21 years $14,755
23 years $17,423
25 years $20,090

Top Solar Installers in Bowling Green

When going solar, many homeowners decide to hire a solar installation company since installing solar panels yourself can be a challenging project. Plus, if you're not certain what brand of solar panels and equipment you need, a solar expert can help you find the right equipment for you after a site survey and consultation.

There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:

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

The Green Panel

★★★★★
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 Bowling Green

Factors that Affect Solar Panel Costs in Bowling Green

For many Bowling Green homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Bowling Green, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you'll pay, which we'll go over below.

Solar Equipment Size

One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay about $2,590 per kilowatt in Bowling Green. The type of solar equipment you choose can bring your price up or down 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, 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 Bowling Green average.

Solar Financing Terms

Most solar companies in Bowling Green provide solar loans, which reduce your upfront costs of installing solar panels. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it'll take to pay back the loan.

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 Bowling Green is the company you get to install your solar panel system. Similar to choosing a company to renovate your kitchen, for instance, you'll have many options for solar installers that provide a range of services at different price points. 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 add-on services like electric vehicle 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 $16,043 10.3 years
8 kW $2.64 $14,794 $21,681 10.1 years
10 kW $2.59 $18,130 $27,464 9.9 years
12 kW $2.54 $21,321 $33,392 9.7 years
14 kW $2.49 $24,367 $39,465 9.5 years
16 kW $2.43 $27,268 $45,683 9.3 years
18 kW $2.38 $30,023 $52,046 9.1 years
20 kW $2.33 $32,634 $58,554 8.9 years

Solar Incentives in Bowling Green

Name Local Option - Clean Energy Development Boards
More Info Click here

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

Name Solar Property Tax Exemption
Incentive Amount 100% exemption
More Info Click here

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 choosing a company can be difficult, we have some tips to help you, such as:

  • Contract: Before signing a contract with a solar installer, be sure to look it over completely so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
  • Installation Process: When making the switch to solar energy, it's important to maintain an open line of communication with your solar installer. Make sure you understand how the installation process works and the project timeline.
  • Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
  • Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you hire.

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

The Green Panel

★★★★★
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 Bowling Green, MO Solar Cost FAQs

What is the average cost of installing solar panels in Bowling Green?

The average cost of solar panels in Bowling Green 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.

Can you get solar panels for free in Bowling Green?

Solar panels aren't free in Bowling Green, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.

Can solar panels completely eradicate my electricity bills?

Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $911.88 per year.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.

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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