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

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Cotton Hill

Find out how much it might cost to go solar in Cotton Hill.

The national average cost of solar panels is $2.66 per watt, but in Cotton Hill it's $3 per watt. The average Cotton Hill homeowner needs a 7.0-kilowatt system, which would cost about $12,600, or $9,324 after the federal solar tax credit of 30% is applied.

These figures are just estimates, and your own solar costs may look different based on the amount of energy your home requires and what company you want to go with. Even with the large upfront cost, the average Cotton Hill homeowner can save about $18,000 on their electricity bills over 20 years, which is one of the advantages of solar.

For a free quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.

Solar savings over time in Cotton Hill

Year Return on Investment
1 years $-11,271
3 years $-8,612
5 years $-5,953
7 years $-3,295
9 years $-636
11 years $2,023
13 years $4,682
15 years $7,341
17 years $9,999
19 years $12,658
21 years $15,317
23 years $17,976
25 years $20,634

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:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 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.

Solar Equipment

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.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Cotton Hill, MO Solar Cost FAQs

How much does it cost to install solar panels in Cotton Hill?

The average cost of solar panels in Cotton Hill is about $12,950 for a 5-kW system and $25,900 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.

Should I lease or buy solar panels in Cotton Hill?

Leasing solar panels can be an option if you can't afford to pay upfront or secure a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.

Can you sell solar power back to the grid in Cotton Hill?

Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future energy bills.

How many solar panels should I get to power my home?

To figure out how many solar panels 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 house 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.

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