Solar Panel Cost Guide in Clinton, MO (2023 Update)
- Clinton Solar Installation Cost: $12,890
- 25-Year Savings: $20,160
- Payback Period: 9.8 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Clinton
Let's take a look at the average cost of solar panels in Clinton.
In Clinton, solar panels cost about 2.59 per watt on average. To cover the typical energy usage of the average home in Clinton, most homeowners require a 7.1-kilowatt system. Using the per-watt figure above, a solar installation costs around $12,890, or $18,433 before the federal solar tax credit of 30% is applied.
Remember that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy consumption, the type of solar system you want to get, your solar contractor and more. Many homeowners find installing solar panels is a rewarding investment. The average homeowner in Clinton can save around $18,000 on their power bills over 20 years.
To get a free estimate from a top solar installer in Clinton, you can click the button below.
Solar savings over time in Clinton
| Year | Return on Investment |
|---|---|
| 1 years | $-11,568 |
| 3 years | $-8,924 |
| 5 years | $-6,280 |
| 7 years | $-3,636 |
| 9 years | $-992 |
| 11 years | $1,652 |
| 13 years | $4,296 |
| 15 years | $6,940 |
| 17 years | $9,584 |
| 19 years | $12,228 |
| 21 years | $14,872 |
| 23 years | $17,516 |
| 25 years | $20,160 |
Top Solar Installers in Clinton
When going solar, many homeowners prefer to go with a solar installer since overseeing your solar installation yourself can be a difficult project. Companies can also have access to quality options of the best solar panels and help you decide which one will be right for you.
There are a number of licensed solar professionals that can take care of your solar installation project. 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 Clinton
Factors that Affect Solar Panel Costs in Clinton
The cost of installing a solar system in Clinton can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system you need, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar energy system you need, 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. The brand and kind of equipment you get 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 come at a higher price 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 solar panels out of pocket can be financially overwhelming. Solar loans are offered by most installers in Clinton, which can lower, or in some cases completely eliminate, your upfront costs to make solar more accessible. However, the interest on solar loans also adds to your all-in costs, so it's crucial to take that into consideration as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
Lastly, the company you get to install your solar system can affect how much it costs. Clinton's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Clinton know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $16,560 | 10.1 years |
| 8 kW | $2.64 | $14,794 | $22,370 | 10.0 years |
| 10 kW | $2.59 | $18,130 | $28,325 | 9.8 years |
| 12 kW | $2.54 | $21,321 | $34,425 | 9.6 years |
| 14 kW | $2.49 | $24,367 | $40,670 | 9.4 years |
| 16 kW | $2.43 | $27,268 | $47,061 | 9.2 years |
| 18 kW | $2.38 | $30,023 | $53,596 | 9.0 years |
| 20 kW | $2.33 | $32,634 | $60,276 | 8.8 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: Different companies offer various brands and kinds of panels. If you know you want a specific brand, make sure the solar installer you're considering has it.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
- Contract: Though reading through a contract can be tedious, it's important to do it fully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a long period of time such as 25 years are the best you can get in the business, and offering such a warranty is one indication of a quality company.
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 Clinton, MO Solar Cost FAQs
How much does it cost to install solar panels in Clinton?
This is a tough question to answer precisely, because the cost depends on a few different factors. Broadly 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. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Clinton?
Leasing solar panels can be an appealing choice, because it typically 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.
Can you sell solar power back to the grid in Clinton?
The majority of states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
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 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.