Solar Panel Cost Guide in Duck Creek, MO (2023 Update)
- Duck Creek Solar Installation Cost: $12,799
- 25-Year Savings: $17,486
- Payback Period: 10.6 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Duck Creek
Let's take a look at the average cost of solar in Duck Creek.
The average cost of solar panels in Duck Creek is 2.59 per watt. To cover the typical energy needs of the average home in Duck Creek, most homeowners require a 7.1-kilowatt system. Using the per-watt figure above, a solar installation costs around $12,800, or $18,304 before the federal solar tax credit of 30% is applied.
The true cost of your system can be higher or lower than the average in Duck Creek depending on a few factors, such as the type of solar panels you choose and the solar installer you hire. Despite the high upfront cost, the average Duck Creek homeowner can save around $16,000 on their power bills over 20 years, which is one of the positives of solar.
To receive a free quote from a top solar company in Duck Creek, you can click the button below.
Solar savings over time in Duck Creek
| Year | Return on Investment |
|---|---|
| 1 years | $-11,506 |
| 3 years | $-8,920 |
| 5 years | $-6,334 |
| 7 years | $-3,748 |
| 9 years | $-1,162 |
| 11 years | $1,425 |
| 13 years | $4,011 |
| 15 years | $6,597 |
| 17 years | $9,183 |
| 19 years | $11,770 |
| 21 years | $14,356 |
| 23 years | $16,942 |
| 25 years | $19,528 |
Top Solar Installers in Duck Creek
Although it's possible to install solar panels by yourself, it takes extra time and know-how. That's why most homeowners choose a solar panel installer. The expertise that solar installers provide can be valuable as well, especially if you aren't sure what brand of solar equipment would be right for your home.
There are a number of licensed solar professionals that can help you install your solar panels. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Duck Creek
Factors that Affect Solar Panel Costs in Duck Creek
Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that affect your total cost in Duck Creek: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Duck Creek, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Duck Creek have solar loans, which reduce your upfront costs of installing a solar system. When estimating your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
Finally, the company you hire to install your solar system can play a part in determining the cost. Duck Creek's solar companies all have different labor costs and add varying upcharges to equipment. 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 come with an above-average cost. It's best to do some research and choose a company that offers the products, warranties and services you're looking for and also fit into 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 | $2.69 | $11,313 | $14,426 | 11.0 years |
| 8 kW | $2.64 | $14,794 | $19,524 | 10.8 years |
| 10 kW | $2.59 | $18,130 | $24,768 | 10.6 years |
| 12 kW | $2.54 | $21,321 | $30,157 | 10.4 years |
| 14 kW | $2.49 | $24,367 | $35,690 | 10.1 years |
| 16 kW | $2.43 | $27,268 | $41,369 | 9.9 years |
| 18 kW | $2.38 | $30,023 | $47,193 | 9.7 years |
| 20 kW | $2.33 | $32,634 | $53,162 | 9.5 years |
How to Save on Solar Panels
Since the kind of solar panels and the installer you choose greatly impacts your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. While there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of options before deciding.
- Contract: Read the contract terms carefully to make sure you understand how much it will cost, completion timeline incentives and warranties.
- Installation Process: When making the switch to solar, it's essential to keep an open line of communication with your solar panel installer. See to it that you understand how the installation process works and the project timeline.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Duck Creek, MO Solar Cost FAQs
How much does it cost to install solar panels in Duck Creek?
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 cost more if you want extra solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
What other factors should I consider apart from cost when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it's the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
How much can I save on electricity bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $857.96 per year.
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 get between 20 and 35 panels to account for 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.