Solar Panel Cost Guide in Excelsior Springs, MO (2024 Update)
- Excelsior Springs Solar Installation Cost: $17,152
- 25-Year Savings: $18,845
- Payback Period: 13.4 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 Excelsior Springs
We go over average solar pricing in Excelsior Springs.
The national average cost of solar panels is $2.66 per watt, but in Excelsior Springs it’s 3 per watt.The average Excelsior Springs homeowner needs a 7.3-kilowatt system, which would cost about $17,152 with the federal tax credit, or $24,527 before the 0 tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Excelsior Springs homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.For most homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $17,000 in savings on energy bills over 20 years.
To get a free quote from a pre-vetted solar installer in Excelsior Springs, you can click the button below.
Solar savings over time in Excelsior Springs
| Year | Return on Investment |
|---|---|
| 1 years | $-15,861 |
| 3 years | $-13,280 |
| 5 years | $-10,699 |
| 7 years | $-8,118 |
| 9 years | $-5,537 |
| 11 years | $-2,955 |
| 13 years | $-374 |
| 15 years | $2,207 |
| 17 years | $4,788 |
| 19 years | $7,369 |
| 21 years | $9,950 |
| 23 years | $12,531 |
| 25 years | $15,113 |
Top Solar Installers in Excelsior Springs
Although it's possible to install solar panels by yourself, it involves extra time and knowledge. That's why the majority of homeowners choose to hire a solar panel installer. Another great thing about going with a top solar installer is that it'll usually provide warranties and free repairs, which help protect your solar system over time.
Working with a professional solar installer can help you make the most of your investment in solar. Here are our recommendations:
Best National Provider
SunPower
- 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
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Technology
Tesla Energy
- 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 Excelsior Springs
Factors that Affect Solar Panel Costs in Excelsior Springs
The cost of installing a solar system in Excelsior Springs 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 household needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,370.There are a lot of different solar panel brands and the one you choose also affects the cost. In general, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you’re looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Excelsior Springs to be too expensive, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also result in paying more over time because of interest.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Excelsior Springs is the company you choose to install your solar system. As with choosing a company to install new cabinets, for instance, you’ll have many options for solar installers that provide a range of services at different price points.Some companies 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 at a higher cost. It’s best to do some research and find a company that offers 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 | $3.50 | $14,720 | $11,709 | 13.9 years |
| 8 kW | $3.44 | $19,249 | $15,989 | 13.7 years |
| 10 kW | $3.37 | $23,590 | $20,458 | 13.4 years |
| 12 kW | $3.30 | $27,742 | $25,116 | 13.1 years |
| 14 kW | $3.24 | $31,705 | $29,962 | 12.9 years |
| 16 kW | $3.17 | $35,479 | $34,998 | 12.6 years |
| 18 kW | $3.10 | $39,065 | $40,221 | 12.3 years |
| 20 kW | $3.03 | $42,462 | $45,634 | 12.0 years |
How to Save on Solar Panels
The solar company you opt for will affect not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should take into account, including:
- Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the gold standard in the business, and offering such a warranty is one mark of a good company.
- Solar Panel Brands: Not all solar companies carry 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.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years most likely provide high-quality solar panel installation and expertise.
Best National Provider
SunPower
- 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
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Technology
Tesla Energy
- 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 Excelsior Springs, MO Solar Cost FAQs
How much does it cost to install solar panels in Excelsior Springs?
The average cost of solar panels in Excelsior Springs is about $16,850 for a 5-kW system and $33,700 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Excelsior Springs?
Solar panels aren’t free in Excelsior Springs, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Does Excelsior Springs have a net metering program?
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 offer you credit toward your future utility bills.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can replace them once you've had them for that long or you can continue to use 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.