Solar Panel Cost Guide in Breckenridge Hills, MO (Jan 2023)
- Breckenridge Hills Solar Installation Cost: $13,108
- 25-Year Savings: $18,723
- Payback Period: 10.3 Years
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Top Solar Installers in Breckenridge Hills
When switching to solar energy, many homeowners prefer to go with a solar installation company since overseeing your solar installation yourself can be a difficult project. A solar installer can also help save you money over the lifespan of your system by providing warranties, repairs and component replacements.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Breckenridge Hills
Factors that Affect Solar Panel Costs in Breckenridge Hills
The cost of installing a solar system in Breckenridge Hills can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar company you choose.
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,590. The brand and type of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price 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 raise the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are offered by most installers in Breckenridge Hills, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable. Even though solar loans make going solar more accessible for Breckenridge Hills homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Breckenridge Hills is the company you choose to install your PV system. As with choosing a company to install new cabinets, for instance, you'll have many options for solar installers that offer a range of services at different costs. Additionally, some companies in Breckenridge Hills know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save 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||$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
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be a challenge, we have some tips to help you, such as:
- Reputation: Long-standing companies likely have a good 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.
- Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project completion timeline.
- Solar Panel Brands: The brand of solar panel you want to install plays a role in which installer you should opt for, since different companies have different panels.
EcoWatch's Breckenridge Hills, MO Solar Cost FAQs
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.