Solar Panel Cost Guide in Carl Junction, MO (2024 Update)
- Carl Junction Solar Installation Cost: $16,565
- 25-Year Savings: $25,460
- Payback Period: 10.8 Years
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Average Cost of Solar Panels in Carl Junction
Let’s have a look at the average cost of solar panels in Carl Junction.
The national average cost of solar panels is $2.66 per watt, but in Carl Junction it’s 3 per watt.To cover the typical energy needs of the average home in Carl Junction, most homeowners require a 7.0-kilowatt system. Using the figure above, a solar installation costs around $16,565, or $23,688 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The exact cost of making the switch to solar can vary depending on a few factors, such as how many panels you need, your energy consumption and what company you go with.With average savings of about $22,000 on energy bills over 20 years, many homeowners in Carl Junction find going solar has a decent ROI.
To receive a free quote from a top solar company in Carl Junction, you can click the button below.
Solar savings over time in Carl Junction
| Year | Return on Investment |
|---|---|
| 1 years | $-14,891 |
| 3 years | $-11,544 |
| 5 years | $-8,197 |
| 7 years | $-4,849 |
| 9 years | $-1,502 |
| 11 years | $1,845 |
| 13 years | $5,192 |
| 15 years | $8,540 |
| 17 years | $11,887 |
| 19 years | $15,234 |
| 21 years | $18,581 |
| 23 years | $21,928 |
| 25 years | $25,276 |
Top Solar Installers in Carl Junction
When making the switch to solar, many homeowners opt to go with a solar installer since handling can be a difficult project. Solar installers provide key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
Working with a vetted solar company 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 Carl Junction
Factors that Affect Solar Panel Costs in Carl Junction
There are several criteria that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That’s why it’s crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs.The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are provided by most installers in Carl Junction, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar installer you pick will impact your total cost to go solar. Different companies will charge different amounts for the equipment and labor.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 cost more. It’s best to do some research and decide on the company that provides 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 | $17,913 | 11.3 years |
| 8 kW | $3.44 | $19,249 | $24,261 | 11.1 years |
| 10 kW | $3.37 | $23,590 | $30,798 | 10.8 years |
| 12 kW | $3.30 | $27,742 | $37,524 | 10.6 years |
| 14 kW | $3.24 | $31,705 | $44,438 | 10.4 years |
| 16 kW | $3.17 | $35,479 | $51,542 | 10.2 years |
| 18 kW | $3.10 | $39,065 | $58,833 | 10.0 years |
| 20 kW | $3.03 | $42,462 | $66,314 | 9.8 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for a long time and save you money on repairs and maintenance.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Contract: When looking through your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
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 Carl Junction, MO Solar Cost FAQs
How much does it cost to install solar panels in Carl Junction?
This is a hard 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. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Carl Junction?
Leasing solar panels can be an appealing choice, as it often 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 get the most savings.
Is it worth going solar in Carl Junction?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can 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 buy 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.