Solar Panel Cost Guide in Brookfield, MO (2023 Update)
- Brookfield Solar Installation Cost: $13,363
- 25-Year Savings: $22,930
- Payback Period: 9.2 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated September 15, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Brookfield
Find out what the average cost of a solar system is in Brookfield.
In Brookfield, solar panels cost about 2.59 per watt on average. The average Brookfield homeowner needs a 7.4-kilowatt system, which would cost about $13,362 with the federal tax credit, or $19,108 before the 30% tax credit is applied.
These figures are only averages, and the cost of going solar for you will differ based on your specific situation and what company you go with. But, after you've paid the upfront cost of installation, the return on investment for most homeowners is usually rewarding, with a net average savings of about $19,000 over 20 years on energy bills.
You can click the button below to get connected with a top solar installer in Brookfield that can help you get a more accurate cost estimate for your home.
Solar savings over time in Brookfield
| Year | Return on Investment |
|---|---|
| 1 years | $-13,242 |
| 3 years | $-13,000 |
| 5 years | $-12,758 |
| 7 years | $-12,516 |
| 9 years | $-12,274 |
| 11 years | $-12,032 |
| 13 years | $-11,790 |
| 15 years | $-11,548 |
| 17 years | $-11,306 |
| 19 years | $-11,064 |
| 21 years | $-10,822 |
| 23 years | $-10,580 |
| 25 years | $-10,338 |
Top Solar Installers in Brookfield
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Hiring an installer can make switching to solar power much easier. A solar company can also help save you money in the long run by offering warranties, repairs and system component replacements.
If you're looking for a solar installer in Brookfield, we've put together a list of our top suggestions here:
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 Brookfield
Factors that Affect Solar Panel Costs in Brookfield
For many Brookfield homeowners, the decision to install solar panels rests 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 few factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar panel system you need for your home, 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 around $2,590. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Brookfield, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are available from most installers in Brookfield, which can lower, or in some cases completely eliminate, your upfront costs to make solar more accessible. It's wise to add the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
The last key cost factor you should keep in mind is the installer you choose. Given the booming popularity of green energy solutions in Brookfield, you'll have plenty of options to choose from, but each comes at various price points for labor and equipment. Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to 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 | $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
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Reputation: Your solar installer should have a sound reputation as a company and have proven expertise in the field. A couple of 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: Before signing a contract with a solar installer, make sure you read it through carefully so you understand the terms. Also, ask questions if you're not 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.
- Solar Panel Brands: The model of solar panel you want plays a part in which company you should go with, since different companies have access to different panels.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Brookfield, MO Solar Cost FAQs
What is the average cost of installing 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 actual cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Brookfield?
Leasing solar panels can be an option if you can't afford to pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Can solar panels completely eradicate my power 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 $984.81 per year.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home uses 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.