Solar Panel Cost Guide in Brookfield, MO (2024 Update)
- Brookfield Solar Installation Cost: $17,387
- 25-Year Savings: $22,930
- Payback Period: 12.0 Years
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Average Cost of Solar Panels in Brookfield
Here’s how much it might cost to make the switch to solar in Brookfield.
In Brookfield, solar panels cost about 3 per watt on average.The average solar panel system size in Brookfield is around 7.4 kilowatts, meaning a cost of about $17,387 for a solar installation, or $24,863 before the 0 federal solar tax credit is applied.
These figures are just averages, and the cost of going solar for you will most likely differ based on your energy needs and what company you choose to go with.For most homeowners, the upfront investment in solar panels is worth paying. On average you could be looking at about $19,000 in savings on electricity bills over 20 years.
To get a free quote from a pre-vetted solar installer in Brookfield, you can click the button below.
Solar savings over time in Brookfield
| Year | Return on Investment |
|---|---|
| 1 years | $-15,714 |
| 3 years | $-12,367 |
| 5 years | $-9,020 |
| 7 years | $-5,674 |
| 9 years | $-2,327 |
| 11 years | $1,020 |
| 13 years | $4,366 |
| 15 years | $7,713 |
| 17 years | $11,060 |
| 19 years | $14,406 |
| 21 years | $17,753 |
| 23 years | $21,099 |
| 25 years | $24,446 |
Top Solar Installers in Brookfield
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Using an installer can make converting to solar power much easier. The expertise that solar installers offer can be helpful as well, especially if you aren’t sure what type of solar equipment would be right for your home.
If you’d like to switch to solar energy but still aren’t sure which solar panel company to go with, here are our recommendations for providers nearby:
Best National Provider
SunPower
- 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
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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
For many Brookfield homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Brookfield, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,370. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your electric bills. In addition, add-on products, like solar batteries, can bump up your total well above the Brookfield average.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are a solid route because they decrease your upfront costs and allow you to pay for your system over five to seven years on average.Even though solar loans make switching to solar energy more accessible for Brookfield homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Brookfield is the company you hire to install your solar panel system. As with choosing a company to renovate your kitchen, for example, there are plenty of solar installers that offer a range of services at different price points.The company’s size sometimes plays the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower 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 | $3.50 | $14,720 | $14,824 | 12.5 years |
| 8 kW | $3.44 | $19,249 | $20,143 | 12.2 years |
| 10 kW | $3.37 | $23,590 | $25,651 | 12.0 years |
| 12 kW | $3.30 | $27,742 | $31,347 | 11.7 years |
| 14 kW | $3.24 | $31,705 | $37,232 | 11.5 years |
| 16 kW | $3.17 | $35,479 | $43,306 | 11.3 years |
| 18 kW | $3.10 | $39,065 | $49,568 | 11.0 years |
| 20 kW | $3.03 | $42,462 | $56,019 | 10.8 years |
How to Save on Solar Panels
There are many companies available in Brookfield, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Contract: Read the contract terms closely to make sure you understand the cost breakdown, project completion timeline rebates and warranties.
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Installation Process: When going solar, it’s necessary to keep an open line of communication with your solar company. See to it that you understand how the installation process will go and the completion timeline.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
Best National Provider
SunPower
- 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
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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
What is the average cost of installing solar panels in Brookfield?
This is a tough question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $16,850 for a 5-kW system and $33,700 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Brookfield?
Leasing solar panels can be an attractive choice, as it usually comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
How much can I save on energy bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location 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 $984.81 per year.
How long do solar panels last in Brookfield?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.