Solar Panel Cost Guide in Grandview, MO (2023 Update)
- Grandview Solar Installation Cost: $13,126
- 25-Year Savings: $23,694
- Payback Period: 8.9 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Grandview
We go over average solar pricing in Grandview.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Grandview, the average cost of a solar system is 2.59 per watt. Using this figure, a typical 7.2-kW system would cost about $13,126 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll end up paying for solar may look quite different based on your household energy consumption, the type of solar panels you want, your solar contractor and more. With average savings of about $19,000 on energy bills over 20 years, many homeowners in Grandview find going solar can be quite rewarding.
To calculate your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Grandview
| Year | Return on Investment |
|---|---|
| 1 years | $-11,653 |
| 3 years | $-8,708 |
| 5 years | $-5,762 |
| 7 years | $-2,817 |
| 9 years | $129 |
| 11 years | $3,075 |
| 13 years | $6,020 |
| 15 years | $8,966 |
| 17 years | $11,911 |
| 19 years | $14,857 |
| 21 years | $17,802 |
| 23 years | $20,748 |
| 25 years | $23,694 |
Top Solar Installers in Grandview
Although it's possible to install solar panels yourself, it requires extra effort and know-how. That's one of the reasons almost all homeowners choose a solar panel installer. Companies can also offer access to a large variety of the best solar panels and help you choose which one will be right for your home.
If you're searching for a solar installer in Grandview, the EcoWatch team has put together a list of our top suggestions here:
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 Grandview
Factors that Affect Solar Panel Costs in Grandview
Even though the average cost of a solar system in Grandview is $13,126, your final cost may be above or below the average. There are many factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production need 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 $2,590. The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a big investment. That's why many Grandview homeowners opt to finance their solar panel systems to make paying for solar more affordable. However, the interest on solar loans also adds to your all-in costs, so it's important to include that in your estimate as well. You can always bring down the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The last major cost factor you should keep in mind is the installer you choose. Given the booming popularity of sustainable energy solutions in Grandview, you'll have plenty of options to choose from, but each comes at varying price points for labor and equipment. You may see national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions 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 | $19,203 | 9.3 years |
| 8 kW | $2.64 | $14,794 | $25,894 | 9.1 years |
| 10 kW | $2.59 | $18,130 | $32,731 | 8.9 years |
| 12 kW | $2.54 | $21,321 | $39,712 | 8.7 years |
| 14 kW | $2.49 | $24,367 | $46,838 | 8.6 years |
| 16 kW | $2.43 | $27,268 | $54,109 | 8.4 years |
| 18 kW | $2.38 | $30,023 | $61,526 | 8.2 years |
| 20 kW | $2.33 | $32,634 | $69,087 | 8.0 years |
How to Save on Solar Panels
There are numerous companies available in Grandview, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Contract: Look through the contract terms closely to make sure you understand how much it will cost, completion timeline incentives and warranties.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can verify your installer's reputation is by reading reviews.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
- Installation Process: When going solar, it's necessary to maintain an open line of communication with your solar panel installer. See to it that you understand how the installation process will go and the project completion timeline.
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 Grandview, MO Solar Cost FAQs
What is the average cost of installing solar panels in Grandview?
This is a difficult question to answer exactly, because the cost depends on many 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. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Grandview?
You can't get solar panels for free in Grandview. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.
Can solar panels significantly reduce my power bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Grandview, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.