Solar Panel Cost Guide in Cameron, MO (2024 Update)
- Cameron Solar Installation Cost: $17,234
- 25-Year Savings: $22,669
- Payback Period: 12.0 Years
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Average Cost of Solar Panels in Cameron
Let’s take a look at the average cost of solar in Cameron.
Although the national average of solar panels is $2.66 per watt, solar panels in Cameron typically cost around 3.The average Cameron homeowner needs a 7.3-kilowatt system, which would cost about $17,234 with the federal tax credit, or $24,645 before the 0 tax credit is applied.
How much you pay can go above or below the average in Cameron based on a variety of factors, such as the kind of solar panels you choose and the solar company you hire.With typical savings of about $19,000 on energy bills over 20 years, many homeowners in Cameron find investing in solar can pay off big.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Cameron
| Year | Return on Investment |
|---|---|
| 1 years | $-15,944 |
| 3 years | $-13,363 |
| 5 years | $-10,782 |
| 7 years | $-8,200 |
| 9 years | $-5,619 |
| 11 years | $-3,038 |
| 13 years | $-457 |
| 15 years | $2,124 |
| 17 years | $4,705 |
| 19 years | $7,286 |
| 21 years | $9,868 |
| 23 years | $12,449 |
| 25 years | $15,030 |
Top Solar Installers in Cameron
Although you can install solar panels yourself, it requires extra effort and expertise. For that reason, most homeowners choose to hire a solar panel installer. Also, if you’d like to maximize your investment in solar, opting for a solar installer can help with that as well. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives, rebates and net metering programs.
Working with a professional solar installer can help your solar project go smoothly. Here are our recommendations:
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 Cameron
Factors that Affect Solar Panel Costs in Cameron
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that will push your cost above or below the average in Cameron: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar panel system in Cameron, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy consumption, which you can determine by looking at past power bills. Your overall cost can increase by around $3,370 for each additional kilowatt you need.The type of solar panels and equipment you get is another factor that will largely impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Further, solar equipment is more than just the solar panels themselves. You’ll also need to decide on 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 falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are available from most installers in Cameron, which can bring down, 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 put more money down upfront, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The solar company you go with to handle your switch to solar energy can play a part in your total costs. There are about 3 solar installation companies in Cameron, and each can charge different amounts for labor and equipment.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and find a company that has the products, warranties and services you’re looking for and also fits 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 | $14,775 | 12.5 years |
| 8 kW | $3.44 | $19,249 | $20,077 | 12.2 years |
| 10 kW | $3.37 | $23,590 | $25,568 | 12.0 years |
| 12 kW | $3.30 | $27,742 | $31,248 | 11.8 years |
| 14 kW | $3.24 | $31,705 | $37,116 | 11.5 years |
| 16 kW | $3.17 | $35,479 | $43,174 | 11.3 years |
| 18 kW | $3.10 | $39,065 | $49,420 | 11.0 years |
| 20 kW | $3.03 | $42,462 | $55,854 | 10.8 years |
How to Save on Solar Panels
There are a lot of companies available in Cameron, 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:
- 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 positive reviews from previous customers.
- Solar Panel Brands: The model of solar panel you need to get plays a role in which company you should choose, since different companies have different panels.
- Contract: Although reading through a contract can be tedious, it’s important to do it fully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Installation Process: Make sure you’re on the same page with the company in regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing 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 Cameron, MO Solar Cost FAQs
How much does it cost to install solar panels in Cameron?
The average cost of solar panels in Cameron 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 stuff like the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase your property value?
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 Cameron is currently $220,718, so you can look forward to a value of about $9,049 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Cameron is a rewarding investment.
How many solar panels should I get to power my home?
To figure out what solar panel system size 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 household 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.