Solar Panel Cost Guide in Carrollton, MO (Mar 2023)
- Carrollton Solar Installation Cost: $13,217
- 25-Year Savings: $24,368
- Payback Period: 8.8 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Carrollton
Find out what the average cost of installing solar panels is in Carrollton.
In Carrollton, solar panels cost about 2.59 per watt on average. The average solar panel system size in Carrollton is around 7.3 kilowatts, meaning a cost of about $13,217 for a solar installation, or $18,900 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy needs, the type of equipment you want to get, your solar contractor and more. But, once you've paid the upfront cost of installation, the return on investment for most homeowners is quite good, with a net average savings of about $20,000 over 20 years on utility bills.
You can click the button below to get connected with a pre-vetted solar installer in Carrollton for a quote for your home.
Solar savings over time in Carrollton
| Year | Return on Investment |
|---|---|
| 1 years | $-11,713 |
| 3 years | $-8,707 |
| 5 years | $-5,700 |
| 7 years | $-2,693 |
| 9 years | $314 |
| 11 years | $3,321 |
| 13 years | $6,327 |
| 15 years | $9,334 |
| 17 years | $12,341 |
| 19 years | $15,348 |
| 21 years | $18,354 |
| 23 years | $21,361 |
| 25 years | $24,368 |
Top Solar Installers in Carrollton
When going solar, many homeowners decide to hire a solar installation company since DIY solar panel installation can be a challenging project. Another advantage of utilizing a solar installer is that they can help you optimize your ROI by cutting back on future costs of repairs and replacements due to warranties and informing you of local incentives you can take advantage of.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Carrollton
Factors that Affect Solar Panel Costs in Carrollton
There are a number of criteria that can play into your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Carrollton, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy consumption, which you can determine by looking at past power bills. Your total cost can increase by around $2,590 for each additional kilowatt you need. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your power bills. In addition, extra products, like solar batteries, can bump up your total well above the Carrollton average.
Solar Financing Terms
Most solar companies in Carrollton have solar loans, which reduce your upfront costs of installing solar. It's wise to include 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 back the loan.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Carrollton is the company you get to install your PV system. As with choosing a company to install new cabinets, for instance, there are plenty of solar installers that provide a range of services at different price points. You may see national solar installers that have lower prices because of their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $19,625 | 9.1 years |
| 8 kW | $2.64 | $14,794 | $26,456 | 9.0 years |
| 10 kW | $2.59 | $18,130 | $33,433 | 8.8 years |
| 12 kW | $2.54 | $21,321 | $40,554 | 8.6 years |
| 14 kW | $2.49 | $24,367 | $47,821 | 8.4 years |
| 16 kW | $2.43 | $27,268 | $55,233 | 8.3 years |
| 18 kW | $2.38 | $30,023 | $62,790 | 8.1 years |
| 20 kW | $2.33 | $32,634 | $70,492 | 7.9 years |
How to Save on Solar Panels
There are a large number of companies available in Carrollton, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
- Contract: Before you sign a contract with a solar company, make sure to read it through carefully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Reputation: Companies that have been in business for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running for years to come and save you money on repairs and maintenance.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Carrollton, MO Solar Cost FAQs
What is the average cost of installing solar panels in Carrollton?
This is a hard question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $12,950 for a 5-kW system and $25,900 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Carrollton?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future electricity bills.
How long do solar panels last in Carrollton?
Even 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 the amount of energy they produce will have decreased significantly after that point. You can replace them after having them for that long or you can keep using 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.