Solar Panel Cost Guide in Grain Valley, MO (Dec 2022)

  • Grain Valley Solar Installation Cost: $13,126
  • 25-Year Savings: $21,802
  • Payback Period: 9.4 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Grain Valley

Find out what the average cost of solar panel installation is in Grain Valley.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Grain Valley, the average cost of a solar system is $3 per watt. The average solar panel system size in Grain Valley is around 7.2 kilowatts, meaning a cost of about $13,126 for a solar installation, or $9,713 after the 30% federal solar tax credit is applied.

The true cost of your system can be higher or lower than the average in Grain Valley depending on a variety of factors, such as the model of solar panels you choose and the solar installer you hire. With average savings of about $18,000 on electricity bills over 20 years, many homeowners in Grain Valley find going solar can be quite rewarding.

To get a free quote from a vetted solar installation company in Grain Valley, you can click the button below.

Solar savings over time in Grain Valley

Year Return on Investment
1 years $-11,729
3 years $-8,935
5 years $-6,140
7 years $-3,346
9 years $-552
11 years $2,242
13 years $5,037
15 years $7,831
17 years $10,625
19 years $13,420
21 years $16,214
23 years $19,008
25 years $21,802

Top Solar Installers in Grain Valley

Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Hiring a solar panel installer can make switching to solar power much easier. The expertise that solar installers provide can be valuable as well, especially if you aren't sure what brand of solar equipment would be right for your home.

If you're looking for a solar installer in Grain Valley, the EcoWatch team has organized a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Grain Valley

Factors that Affect Solar Panel Costs in Grain Valley

For many Grain Valley homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Grain Valley, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you'll pay, which we'll go over below.

Solar Equipment

The size of the solar energy system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,590. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your electric bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Grain Valley average.

Solar Financing Terms

Solar panels can save you money on utility bills over time, but they can also be a significant investment. That's why many Grain Valley homeowners decide to finance their solar panel systems to make going solar more affordable. It's wise to include the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it'll take to pay off the loan.

Solar Panel Installation Company

The solar company you opt for to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar panel companies in Grain Valley, and each can charge different amounts for labor and equipment. Additionally, some companies in Grain Valley have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 $2.69 $11,313 $17,636 9.8 years
8 kW $2.64 $14,794 $23,804 9.6 years
10 kW $2.59 $18,130 $30,118 9.4 years
12 kW $2.54 $21,321 $36,577 9.2 years
14 kW $2.49 $24,367 $43,181 9.0 years
16 kW $2.43 $27,268 $49,929 8.8 years
18 kW $2.38 $30,023 $56,823 8.6 years
20 kW $2.33 $32,634 $63,862 8.5 years

How to Save on Solar Panels

There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:

  • Installation Process: Make sure you're aligned with the installer regarding how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
  • Contract: It's important to read through your solar installer's contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
  • Solar Panel Brands: Different companies have different brands and kinds of panels. If you know you want a specific brand, make sure the solar panel installer you're considering has it.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to get the job done well. Another way you can check your installer's reputation is by reading reviews.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Grain Valley, MO Solar Cost FAQs

What is the average cost of installing solar panels in Grain Valley?

This is a tough question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $12,950 for a 5-kW system and $25,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.

Should I lease or buy solar panels in Grain Valley?

Leasing solar panels can be an option if you can't afford to pay upfront or get a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.

Is it worth going solar in Grain Valley?

Solar panels can be a fruitful investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already fairly low, solar panels might not be for you.

How often do you have to replace solar panels?

Though 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 how much 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.

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