Solar Panel Cost Guide in Branson, MO (2024 Update)
- Branson Solar Installation Cost: $16,436
- 25-Year Savings: $23,925
- Payback Period: 11.2 Years
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Average Cost of Solar Panels in Branson
Find out how much it might cost to make the switch to solar in Branson.
While the national average of solar panels is $2.66 per watt, solar panels in Branson typically cost around 3.The average Branson homeowner needs a 7.0-kilowatt system, which would cost about $16,436 with the federal tax credit, or $23,503 before the 0 tax credit is applied.
These figures are only estimates, and your own solar costs will differ based on factors unique to your home and what company you go with.Despite the large upfront cost, the average Branson homeowner can save around $21,000 on their power bills over 20 years, which is one of the perks of solar.
To calculate your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Branson
Year | Return on Investment |
---|---|
1 years | $-14,762 |
3 years | $-11,415 |
5 years | $-8,068 |
7 years | $-4,721 |
9 years | $-1,373 |
11 years | $1,974 |
13 years | $5,321 |
15 years | $8,668 |
17 years | $12,015 |
19 years | $15,363 |
21 years | $18,710 |
23 years | $22,057 |
25 years | $25,404 |
Top Solar Installers in Branson
Many homeowners opt for a solar panel installer since trying to put up solar panels yourself can be time-consuming. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long term because of their warranties, repair services and expert design.
If you’d like to start using solar energy but still aren’t certain which solar company to go with, here are our suggestions for providers near you:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Branson
Factors that Affect Solar Panel Costs in Branson
There are several criteria that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Branson, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy consumption, which you can figure out by looking at past power bills. Your total cost can increase by about $3,370 for each additional kilowatt you need.The brand of solar panels and equipment you get is another factor that will largely influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that’s in your budget.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That’s why many Branson homeowners decide to finance their solar panel systems to make paying for solar more affordable.However, the interest on solar loans also increases your total costs, so it’s crucial to keep that in mind as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar panel installation company you select will affect your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor.Larger national companies generally 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 extra 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 | $3.50 | $14,720 | $16,761 | 11.7 years |
8 kW | $3.44 | $19,249 | $22,725 | 11.5 years |
10 kW | $3.37 | $23,590 | $28,878 | 11.2 years |
12 kW | $3.30 | $27,742 | $35,219 | 11.0 years |
14 kW | $3.24 | $31,705 | $41,750 | 10.8 years |
16 kW | $3.17 | $35,479 | $48,469 | 10.6 years |
18 kW | $3.10 | $39,065 | $55,377 | 10.3 years |
20 kW | $3.03 | $42,462 | $62,474 | 10.1 years |
How to Save on Solar Panels
The solar installer you opt for will be a major factor in determining not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should keep in mind, including:
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running for years to come and save you money on repairs and maintenance.
- 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 big role in the company you hire.
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Reputation: Long-standing companies likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Branson, MO Solar Cost FAQs
What is the average cost of installing solar panels in Branson?
The average cost of solar panels in Branson is about $16,850 for a 5-kW system and $33,700 for a 10-kW system before the ITC, but the real cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Branson?
You can’t get solar panels for free in Branson. 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 want to own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Branson?
The majority of states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces or or receive credits to put toward future energy 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, solar panels can last 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 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.