Solar Panel Cost Guide in El Dorado Springs, MO (2025 Update)
- El Dorado Springs Solar Installation Cost: $16,649
- 25-Year Savings: $23,073
- Payback Period: 11.6 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in El Dorado Springs
Find out what the average cost of installing solar panels is in El Dorado Springs.
Although the national average of solar panels is $2.66 per watt, solar panels in El Dorado Springs generally cost around 3.Using this figure, a typical 7.1-kW system would cost about $16,649 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The exact cost of making the switch to solar can vary quite a bit depending on multiple factors, such as how many panels you need, your energy consumption and what solar installer you go with.For many homeowners, the upfront investment in solar is worth paying. On average El Dorado Springs homeowners see about $19,000 in savings on electricity bills over 20 years.
To receive a free quote from a top solar installation company in El Dorado Springs, you can click the button below.
Solar savings over time in El Dorado Springs
| Year | Return on Investment |
|---|---|
| 1 years | $-15,241 |
| 3 years | $-12,425 |
| 5 years | $-9,609 |
| 7 years | $-6,793 |
| 9 years | $-3,977 |
| 11 years | $-1,161 |
| 13 years | $1,655 |
| 15 years | $4,471 |
| 17 years | $7,287 |
| 19 years | $10,103 |
| 21 years | $12,919 |
| 23 years | $15,735 |
| 25 years | $18,551 |
Top Solar Installers in El Dorado Springs
DIY solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Taking advantage of an installer can make swapping over to solar power much easier. The payback period on a solar system will vary depending on factors like your roof configuration and energy use, but going with a solar installer can shorten it. Your provider will be able to help you get the most out of incentives available in your area.
If you're looking for a solar company in El Dorado Springs, we've compiled a list of our top suggestions here:
See all of the solar companies in El Dorado Springs
Factors that Affect Solar Panel Costs in El Dorado Springs
For many El Dorado Springs homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in El Dorado Springs, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,370.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like El Dorado Springs, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in El Dorado Springs offer solar loans, which reduce your upfront costs of installing solar panels.When considering your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar installation company you select will play a role in your total cost to go solar. Different companies will bill different amounts for the equipment and labor.Additionally, some companies in El Dorado Springs know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save 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 | $3.50 | $14,720 | $15,772 | 12.1 years |
| 8 kW | $3.44 | $19,249 | $21,407 | 11.8 years |
| 10 kW | $3.37 | $23,590 | $27,230 | 11.6 years |
| 12 kW | $3.30 | $27,742 | $33,243 | 11.4 years |
| 14 kW | $3.24 | $31,705 | $39,444 | 11.1 years |
| 16 kW | $3.17 | $35,479 | $45,833 | 10.9 years |
| 18 kW | $3.10 | $39,065 | $52,412 | 10.7 years |
| 20 kW | $3.03 | $42,462 | $59,179 | 10.4 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: Not all solar companies 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 hire.
- Contract: Before you sign a contract with a solar company, be 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.
- Installation Process: When going solar, it’s crucial to maintain an open line of communication with your solar panel company. See to it that you understand how the installation process works and the project completion timeline.
- Warranty: If you’re concerned about the durability of your solar panels, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
EcoWatch's El Dorado Springs, MO Solar Cost FAQs
How much does it cost to install solar panels in El Dorado Springs?
The average cost of solar panels in El Dorado Springs is about $16,850 for a 5-kW system and $33,700 for a 10-kW system before the ITC, but the real cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in El Dorado Springs?
You can’t get solar panels for free in El Dorado Springs. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
How will having solar panels impact how much my home is worth?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How long do solar panels last in El Dorado Springs?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.