Solar Panel Cost Guide in Glasgow Village, MO (2025 Update)
- Glasgow Village Solar Installation Cost: $17,060
- 25-Year Savings: $18,719
- Payback Period: 13.4 Years
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Average Cost of Solar Panels in Glasgow Village
Let’s take a look at the average cost of solar panels in Glasgow Village.
In Glasgow Village, solar panels cost about 3 per watt on average.To cover the typical energy needs of the average home in Glasgow Village, most homeowners require a 7.2-kilowatt system. Using the figure above, a solar installation costs around $17,060, or $24,396 before the federal solar tax credit of 0 is applied.
The actual price you pay can go above or below the average in Glasgow Village depending on a variety of factors, such as the model of solar panels you choose and the solar installer you hire.For most homeowners, the upfront cost of solar panels is worth paying. On average Glasgow Village homeowners see about $17,000 in savings on utility bills over 20 years.
To get a free estimate from a vetted solar installer in Glasgow Village, you can click the button below.
Solar savings over time in Glasgow Village
Year | Return on Investment |
---|---|
1 years | $-15,769 |
3 years | $-13,188 |
5 years | $-10,607 |
7 years | $-8,026 |
9 years | $-5,445 |
11 years | $-2,864 |
13 years | $-283 |
15 years | $2,298 |
17 years | $4,880 |
19 years | $7,461 |
21 years | $10,042 |
23 years | $12,623 |
25 years | $15,204 |
Top Solar Installers in Glasgow Village
Although it's possible to install solar panels on your own, it involves extra time and knowledge. For that reason, most people choose to hire a solar panel installer. Another good thing about going with a reliable solar installer is that it'll usually provide warranties and free repairs, which help protect your investment.
There are several licensed solar professionals that can help you install your solar system. 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 Glasgow Village
Factors that Affect Solar Panel Costs in Glasgow Village
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that determine your overall cost in Glasgow Village: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production require 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 panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Glasgow Village, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of 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
If paying for a solar system in cash is out of reach, solar loans are an affordable option because they decrease your upfront costs and allow you to pay for your system over five to seven years on average.It’s a good idea to factor 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 back the loan.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Glasgow Village is the company you hire to install your solar panel system. As with choosing a company to build a deck or pool, for instance, there are plenty of solar installers that provide a range of services at different costs.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 with an above-average cost. It’s best to do some research and decide on the 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 | $3.50 | $14,720 | $11,688 | 13.9 years |
8 kW | $3.44 | $19,249 | $15,962 | 13.7 years |
10 kW | $3.37 | $23,590 | $20,424 | 13.4 years |
12 kW | $3.30 | $27,742 | $25,075 | 13.1 years |
14 kW | $3.24 | $31,705 | $29,915 | 12.9 years |
16 kW | $3.17 | $35,479 | $34,943 | 12.6 years |
18 kW | $3.10 | $39,065 | $40,160 | 12.3 years |
20 kW | $3.03 | $42,462 | $45,566 | 12.1 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be difficult, we have some tips to help you, such as:
- Warranty: If you’re concerned about the endurance of your solar system, ensuring your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: Before you sign a contract with a solar installer, make sure to look it over completely so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. While there are many options for which brand 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 ask for their list of offerings before making your decision.
- Installation Process: Get details from your solar installer about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Glasgow Village, MO Solar Cost FAQs
What is the average cost of installing solar panels in Glasgow Village?
The average cost of solar panels in Glasgow Village 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 things such as the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to think about when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels eliminate my electricity bills?
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 $880.28 per year.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can take a 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 cover 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.