Solar Panel Cost Guide in Cotton Hill, MO (Jan 2023)
- Cotton Hill Solar Installation Cost: $12,600
- 25-Year Savings: $20,634
- Payback Period: 9.5 Years
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Top Solar Installers in Cotton Hill
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can take a lot of hard work. Going with an installer can make converting to solar power much easier. Plus, if you aren't sure what brand of solar panels and equipment you may need, a solar expert can help you figure that out after a site survey and consultation.
If you'd like to go solar but still aren't sure which solar company to go with, here are our suggestions for providers in Cotton Hill:
See all of the solar companies in Cotton Hill
Factors that Affect Solar Panel Costs in Cotton Hill
Although the average cost of a solar system in Cotton Hill is $12,600, your actual cost may differ. There are several factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
The size of the solar panel system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,590. There are several different solar panel brands and the one you choose also changes the cost. Usually, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Cotton Hill provide solar loans, which reduce the initial cost of installing solar panels. While solar loans make going solar more accessible for Cotton Hill homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Cotton Hill is the company you choose to install your PV system. Similar to choosing a company to build a deck or pool, for instance, there are plenty of solar installers that offer a range of services at different price points. The company's size sometimes plays the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices due to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
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||$17,369||9.9 years|
|8 kW||$2.64||$14,794||$23,449||9.7 years|
|10 kW||$2.59||$18,130||$29,674||9.5 years|
|12 kW||$2.54||$21,321||$36,044||9.3 years|
|14 kW||$2.49||$24,367||$42,559||9.1 years|
|16 kW||$2.43||$27,268||$49,219||8.9 years|
|18 kW||$2.38||$30,023||$56,024||8.7 years|
|20 kW||$2.33||$32,634||$62,974||8.5 years|
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Reputation: Well-established companies likely have a high 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 service, such as part repairs and replacements.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and how long it will take.
- Contract: When looking through your solar installer's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you go with.
EcoWatch's Cotton Hill, MO Solar Cost FAQs
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.