Solar Panel Cost Guide in Gladstone, MO (Mar 2023)
- Gladstone Solar Installation Cost: $13,162
- 25-Year Savings: $28,490
- Payback Period: 7.9 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Gladstone
See how much it might cost to install solar panels in Gladstone.
The average cost of a solar panel system in Gladstone is 2.59 per watt. To account for the typical energy needs of the average home in Gladstone, most homeowners require a 7.3-kilowatt system. Using the figure above, a solar installation costs about $13,162, or $18,822 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of installing solar panels can vary quite a bit depending on multiple factors, such as what size system you need, your energy usage and what company you go with. For most homeowners, the upfront investment in solar is worth paying. On average homeowners in Gladstone see about $22,000 in savings on utility bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Gladstone for a quote for your home.
Solar savings over time in Gladstone
| Year | Return on Investment |
|---|---|
| 1 years | $-11,496 |
| 3 years | $-8,164 |
| 5 years | $-4,832 |
| 7 years | $-1,500 |
| 9 years | $1,833 |
| 11 years | $5,165 |
| 13 years | $8,497 |
| 15 years | $11,829 |
| 17 years | $15,161 |
| 19 years | $18,494 |
| 21 years | $21,826 |
| 23 years | $25,158 |
| 25 years | $28,490 |
Top Solar Installers in Gladstone
Trying to install solar panels yourself can be a dangerous task, which is why getting a solar installation company is a good option for many homeowners. Another benefit of utilizing a solar installer is that they can help you make the most of your ROI by reducing your future costs of repairs and replacements due to warranties and giving you information on local incentives you can take advantage of.
If you'd like to switch to solar energy but still aren't certain which solar installer to go with, here are our suggestions for providers nearby:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Gladstone
Factors that Affect Solar Panel Costs in Gladstone
There are a number of criteria that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The size of the solar energy system you need for your household, 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 nearly $2,590. There are several different solar panel brands and the one you choose also affects the cost. Typically, the brands that are more efficient tend to also cost more. Additionally, the type of equipment you're looking to get 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
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are available from most installers in Gladstone, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible. When considering your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar system can play a part in determining how much it costs. Gladstone's solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $23,093 | 8.2 years |
| 8 kW | $2.64 | $14,794 | $31,081 | 8.1 years |
| 10 kW | $2.59 | $18,130 | $39,214 | 7.9 years |
| 12 kW | $2.54 | $21,321 | $47,492 | 7.7 years |
| 14 kW | $2.49 | $24,367 | $55,915 | 7.6 years |
| 16 kW | $2.43 | $27,268 | $64,483 | 7.4 years |
| 18 kW | $2.38 | $30,023 | $73,196 | 7.3 years |
| 20 kW | $2.33 | $32,634 | $82,054 | 7.1 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be a tough decision, we have some tips to help you, such as:
- Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
- Solar Panel Brands: The brand of solar panel you want to get plays a role in which company you should go with, since different companies have access to different panels.
- Reputation: Companies that have been in business for many years likely have a solid 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.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Gladstone, MO Solar Cost FAQs
What is the average cost of installing solar panels in Gladstone?
This is a tough question to answer exactly, because the cost depends on a variety of 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 be more expensive if you want other solar equipment or higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it's the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Do solar panels increase your home value?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don't go 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 solar panels."
How long do solar panels last in Gladstone?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to 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.