Solar Panel Cost Guide in Brookfield, MO (Mar 2023)
- Brookfield Solar Installation Cost: $13,362
- 25-Year Savings: $22,931
- Payback Period: 9.2 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Brookfield
Here's how much it might cost to install solar panels in Brookfield.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Brookfield, the typical cost of a solar system is 2.59 per watt. To account for the typical energy usage of the average home in Brookfield, most homeowners require a 7.4-kilowatt system. Using the per-watt figure above, a solar installation costs around $13,362, or $19,108 before the federal solar tax credit of 30% is applied.
The true cost of your system can be higher or lower than the average in Brookfield depending on a few factors, such as the model of solar panels you choose and the solar contractor you hire. With average savings of about $19,000 on utility bills over 20 years, many homeowners in Brookfield find going solar can be quite rewarding.
To receive a free quote from a top solar installation company in Brookfield, you can click the button below.
Solar savings over time in Brookfield
| Year | Return on Investment |
|---|---|
| 1 years | $-11,910 |
| 3 years | $-9,007 |
| 5 years | $-6,103 |
| 7 years | $-3,200 |
| 9 years | $-296 |
| 11 years | $2,607 |
| 13 years | $5,511 |
| 15 years | $8,414 |
| 17 years | $11,317 |
| 19 years | $14,221 |
| 21 years | $17,124 |
| 23 years | $20,028 |
| 25 years | $22,931 |
Top Solar Installers in Brookfield
Although you can install solar panels yourself, it involves extra effort and know-how. For that reason, most homeowners choose to go with a solar panel installer. The expertise that solar companies offer can be valuable as well, especially if you don't quite know what kind of solar equipment would be right for your home.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Brookfield
Factors that Affect Solar Panel Costs in Brookfield
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that will push your cost above or below the average in Brookfield: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
The size of the solar system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,590. The model of solar panels and equipment you want is another factor that will substantially influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment goes beyond just the solar panels themselves. You'll also need to think about 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 into a solar system that's in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Brookfield to be too costly, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in paying more over time due to interest. When figuring out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Brookfield is the company you hire to install your PV system. As with choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that provide a range of services for different budgets. The size of the company can sometimes play the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $18,231 | 9.6 years |
| 8 kW | $2.64 | $14,794 | $24,598 | 9.4 years |
| 10 kW | $2.59 | $18,130 | $31,111 | 9.2 years |
| 12 kW | $2.54 | $21,321 | $37,768 | 9.0 years |
| 14 kW | $2.49 | $24,367 | $44,570 | 8.8 years |
| 16 kW | $2.43 | $27,268 | $51,518 | 8.7 years |
| 18 kW | $2.38 | $30,023 | $58,610 | 8.5 years |
| 20 kW | $2.33 | $32,634 | $65,847 | 8.3 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Contract: It's important to read through your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Installation Process: Make sure you're aligned with the installer regarding how the installation process will go and what you need to do before your solar system is installed, such as updating your electrical system or roof.
- Solar Panel Brands: The model of solar panel you need to get plays a role in which installer you should opt for, since different companies offer different panels.
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 Brookfield, MO Solar Cost FAQs
How much does it cost to install solar panels in Brookfield?
The average cost of solar panels in Brookfield 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 certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Brookfield?
You can't get solar panels for free in Brookfield. 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'd prefer to own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Brookfield?
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 power bills.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.