Solar Panel Cost Guide in Grain Valley, MO (2025 Update)
- Grain Valley Solar Installation Cost: $17,078
- 25-Year Savings: $21,804
- Payback Period: 12.2 Years
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Average Cost of Solar Panels in Grain Valley
Let’s have a look at the average cost of solar in Grain Valley.
The national average cost of solar panels is $2.66 per watt, but in Grain Valley it’s 3 per watt.Since a 7.2-kW system is needed to cover the energy usage of a typical home in Grain Valley, the average price of going solar will be about $17,078 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of installing solar panels can vary quite a bit depending on several factors, such as how many panels you need, your energy consumption and what installation company you go with.With average savings of about $18,000 on electricity bills over 20 years, many homeowners in Grain Valley find installing solar panels has a decent ROI.
You can click the button below to get connected with a pre-vetted solar company in Grain Valley that can help you get a more accurate cost estimate for your home.
Solar savings over time in Grain Valley
Year | Return on Investment |
---|---|
1 years | $-15,537 |
3 years | $-12,456 |
5 years | $-9,374 |
7 years | $-6,293 |
9 years | $-3,212 |
11 years | $-130 |
13 years | $2,951 |
15 years | $6,032 |
17 years | $9,114 |
19 years | $12,195 |
21 years | $15,277 |
23 years | $18,358 |
25 years | $21,439 |
Top Solar Installers in Grain Valley
When switching to solar energy, many homeowners decide to use a solar installer since overseeing your solar installation yourself can be a challenging project. Companies can also have access to a large variety of the best solar panels and help you decide which one will be best for you.
Working with a professional solar company can help you make the most of your investment in solar. Here are our recommendations:
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 Grain Valley
Factors that Affect Solar Panel Costs in Grain Valley
Cost is typically one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that affect your total cost in Grain Valley: 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 variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation need 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.The type of solar panels and equipment you choose is another factor that will greatly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment is more than just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that’s in your budget.
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 choose to finance their solar panel systems to make paying for solar more affordable.Even though solar loans make switching to solar energy more accessible for Grain Valley homeowners, they can also increase the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The last major cost factor you should keep in mind is the installer you choose. Given the booming popularity of renewable energy solutions in Grain Valley, you’ll have many options to choose from, but each comes at different price points for labor and equipment.Companies that 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 decide on the company that provides the products, warranties and services you’re looking for and also fits 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 | $14,229 | 12.7 years |
8 kW | $3.44 | $19,249 | $19,349 | 12.5 years |
10 kW | $3.37 | $23,590 | $24,658 | 12.2 years |
12 kW | $3.30 | $27,742 | $30,156 | 12.0 years |
14 kW | $3.24 | $31,705 | $35,842 | 11.7 years |
16 kW | $3.17 | $35,479 | $41,718 | 11.5 years |
18 kW | $3.10 | $39,065 | $47,781 | 11.2 years |
20 kW | $3.03 | $42,462 | $54,034 | 11.0 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- Contract: It’s important to look over your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can check your installer’s reputation is by reading reviews.
- Warranty: If you’re concerned about the endurance of your solar panels, making sure your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Grain Valley, MO Solar Cost FAQs
How much does it cost to install solar panels in Grain Valley?
The average cost of solar panels in Grain Valley 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 things like the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider aside from cost when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase how much your home is worth?
Solar panels can increase your property’s value considerably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and the average daily 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 account for 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.