Solar Panel Cost Guide in Ellisville, MO (2023 Update)
- Ellisville Solar Installation Cost: $13,108
- 25-Year Savings: $18,311
- Payback Period: 10.4 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Ellisville
We go over average solar pricing in Ellisville.
The average cost of a solar panel system in Ellisville is 2.59 per watt. The average solar panel system size in Ellisville is around 7.2 kilowatts, meaning a cost of about $13,108 for a solar installation, or $18,744 before the 30% federal solar tax credit is applied.
These figures are just averages, and your own solar costs may vary based on your specific situation and what company you choose to go with. But, once you've paid the upfront cost of installation, the return on investment for most homeowners is usually fruitful, with a net average savings of about $17,000 over 20 years on utility bills.
To receive a free quote from a highly rated solar installation company in Ellisville, you can click the button below.
Solar savings over time in Ellisville
| Year | Return on Investment |
|---|---|
| 1 years | $-11,851 |
| 3 years | $-9,338 |
| 5 years | $-6,824 |
| 7 years | $-4,311 |
| 9 years | $-1,797 |
| 11 years | $716 |
| 13 years | $3,230 |
| 15 years | $5,744 |
| 17 years | $8,257 |
| 19 years | $10,771 |
| 21 years | $13,284 |
| 23 years | $15,798 |
| 25 years | $18,311 |
Top Solar Installers in Ellisville
When going solar, many homeowners prefer to go with a solar installation company since putting up a solar system yourself can be a time-consuming project. A solar installer can also help save you money over time by offering warranties, repairs and component replacements.
If you'd like to start using solar energy but still aren't sure which solar system company to go with, here are our recommendations for providers in Ellisville:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Ellisville
Factors that Affect Solar Panel Costs in Ellisville
The cost of installing a solar system in Ellisville can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. Because of that, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Ellisville, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, 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 Ellisville have solar loans, which reduce your upfront costs of installing solar. You'll have to consider the long-term cost of financing options, including the amount of interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The final major cost factor you should take into consideration is the installer you choose. Given the booming popularity of sustainable energy solutions in Ellisville, you'll have lots of options to choose from, but each comes at varying price points for labor and equipment. Some companies only sell high-quality, high-efficiency and high-price products — 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 find a company that provides the products, warranties and services you're looking for and also is within 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 | $14,754 | 10.9 years |
| 8 kW | $2.64 | $14,794 | $19,962 | 10.6 years |
| 10 kW | $2.59 | $18,130 | $25,315 | 10.4 years |
| 12 kW | $2.54 | $21,321 | $30,813 | 10.2 years |
| 14 kW | $2.49 | $24,367 | $36,456 | 10.0 years |
| 16 kW | $2.43 | $27,268 | $42,245 | 9.8 years |
| 18 kW | $2.38 | $30,023 | $48,178 | 9.6 years |
| 20 kW | $2.33 | $32,634 | $54,256 | 9.4 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose greatly influences your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
- Warranty: If you care about the longevity of your solar system, ensuring your company offers a 25-year, all-inclusive warranty can help put you at ease.
- 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 part breaking or the company going out of business.
- 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 support, such as part repairs and replacements.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Ellisville, MO Solar Cost FAQs
What is the average cost of installing solar panels in Ellisville?
This is a tough question to answer exactly, because the cost depends on many 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 cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Is cost the most important thing to consider 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 goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Ellisville?
Each state has some kind 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 give you credit toward your future power bills.
How long do solar panels last in Ellisville?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.