Solar Panel Cost Guide in Camdenton, MO (2024 Update)
- Camdenton Solar Installation Cost: $16,794
- 25-Year Savings: $18,363
- Payback Period: 13.4 Years
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Average Cost of Solar Panels in Camdenton
Here’s how much it might cost to go solar in Camdenton.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Camdenton, the average cost of solar panels is 3 per watt.Using this figure, a typical 7.1-kW system would cost about $16,794 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The true cost of going solar can vary quite a bit depending on a few factors, such as how many panels you need, your energy consumption and what company you go with.For most homeowners, the upfront investment in solar is worth paying. On average homeowners in Camdenton see about $18,000 in savings on utility bills over 20 years.
Click the button below to get connected to a highly rated solar panel company in your area for a customized quote.
Solar savings over time in Camdenton
| Year | Return on Investment |
|---|---|
| 1 years | $-15,504 |
| 3 years | $-12,923 |
| 5 years | $-10,341 |
| 7 years | $-7,760 |
| 9 years | $-5,179 |
| 11 years | $-2,598 |
| 13 years | $-17 |
| 15 years | $2,564 |
| 17 years | $5,145 |
| 19 years | $7,727 |
| 21 years | $10,308 |
| 23 years | $12,889 |
| 25 years | $15,470 |
Top Solar Installers in Camdenton
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Going with a solar panel installer can make your swap to solar power much easier. Plus, warranties and repairs from your solar panel installer can protect your investment and bring down the cost of maintenance in the long run.
If you're searching for a solar installer in Camdenton, we've organized a list of our top suggestions here:
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 Camdenton
Factors that Affect Solar Panel Costs in Camdenton
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few major factors that affect your total cost in Camdenton: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. For that reason, it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.The type 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. On the other hand, higher efficiency could save you more over time on your energy bills. In addition, add-on products, like solar batteries, can bump up your total well above the Camdenton average.
Solar Financing Terms
Many homeowners find the average cost of solar in Camdenton to be too steep, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also lead to a higher cost over time because of interest.However, the interest on solar loans also adds to your overall costs, so it’s important to take that into consideration as well. You can always bring down the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Camdenton is the company you hire to install your PV system. As with choosing a company to build a deck or pool, for example, there are plenty of solar installers that provide a range of services at different price points.Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and find a company that offers the products, warranties and services you’re looking for and also is within your budget.
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 | $11,634 | 14.0 years |
| 8 kW | $3.44 | $19,249 | $15,890 | 13.7 years |
| 10 kW | $3.37 | $23,590 | $20,334 | 13.4 years |
| 12 kW | $3.30 | $27,742 | $24,967 | 13.2 years |
| 14 kW | $3.24 | $31,705 | $29,788 | 12.9 years |
| 16 kW | $3.17 | $35,479 | $34,799 | 12.6 years |
| 18 kW | $3.10 | $39,065 | $39,998 | 12.4 years |
| 20 kW | $3.03 | $42,462 | $45,386 | 12.1 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: The type of solar panel you’d like plays a part in which installer you should choose, since different companies have access to different panels.
- 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 that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
- Contract: When looking over your solar company’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Installation Process: Make sure you’re on the same page with the installer regarding how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
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 Camdenton, MO Solar Cost FAQs
How much does it cost to install solar panels in Camdenton?
The average cost of solar panels in Camdenton is about $16,850 for a 5-kW system and $33,700 for a 10-kW system before the ITC, but the actual cost will depend on things such as the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Camdenton?
Solar panels aren’t free in Camdenton, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Do solar panels increase how much your home is worth?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Camdenton is currently $295,434, so you could be looking at a value of about $12,113 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Camdenton is a rewarding investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
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.