Solar Panel Cost Guide in High Ridge, MO (2024 Update)
- High Ridge Solar Installation Cost: $16,950
- 25-Year Savings: $17,981
- Payback Period: 13.7 Years
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Average Cost of Solar Panels in High Ridge
Here’s how much it might cost to switch to solar power in High Ridge.
The average cost of a solar panel system in High Ridge is 3 per watt.The average solar panel system size in High Ridge is around 7.2 kilowatts, meaning a cost of about $16,950 for a solar installation, or $24,238 before the 0 federal solar tax credit is applied.
Keep in mind 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 use, the type of solar panels you want, your solar contractor and more.With typical savings of about $16,000 on energy bills over 20 years, many homeowners in High Ridge find investing in solar has a decent ROI.
For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in High Ridge
| Year | Return on Investment |
|---|---|
| 1 years | $-15,660 |
| 3 years | $-13,079 |
| 5 years | $-10,498 |
| 7 years | $-7,916 |
| 9 years | $-5,335 |
| 11 years | $-2,754 |
| 13 years | $-173 |
| 15 years | $2,408 |
| 17 years | $4,989 |
| 19 years | $7,570 |
| 21 years | $10,152 |
| 23 years | $12,733 |
| 25 years | $15,314 |
Top Solar Installers in High Ridge
When making the switch to solar, many homeowners opt to go with a solar company since DIY solar panel installation can be a time-consuming project. Companies can also offer access to various kinds of the best solar panels and help you choose which one will be right for your family.
If you’d like to switch to solar energy but still aren’t certain which solar system installer to go with, here are our suggestions for providers nearby:
Best National Provider
SunPower
- 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
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 High Ridge
Factors that Affect Solar Panel Costs in High Ridge
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few primary factors that determine your overall cost in High Ridge: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover 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 that have higher efficiency or power generation use 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.The brand and type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space 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 extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are a solid choice because they cut back your upfront costs and let you pay for your system over a term of, on average, between five and seven years.While solar loans make adopting solar energy more accessible for High Ridge homeowners, they can also increase the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The final significant cost factor you should keep in mind is the installer you choose. Given the booming popularity of renewable energy solutions in High Ridge, you’ll have plenty of options to choose from, but each comes at various 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 go with the company that provides the products, warranties and services you want and also fit into 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 | $11,172 | 14.2 years |
| 8 kW | $3.44 | $19,249 | $15,273 | 13.9 years |
| 10 kW | $3.37 | $23,590 | $19,564 | 13.7 years |
| 12 kW | $3.30 | $27,742 | $24,042 | 13.4 years |
| 14 kW | $3.24 | $31,705 | $28,710 | 13.1 years |
| 16 kW | $3.17 | $35,479 | $33,566 | 12.8 years |
| 18 kW | $3.10 | $39,065 | $38,611 | 12.6 years |
| 20 kW | $3.03 | $42,462 | $43,845 | 12.3 years |
How to Save on Solar Panels
The solar installer you go with will influence not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, such as:
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like EcoWatch.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar company, such as what permits you should secure and how long the project will take.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
Best National Provider
SunPower
- 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
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 High Ridge, MO Solar Cost FAQs
How much does it cost to install solar panels in High Ridge?
The average cost of solar panels in High Ridge 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 certain factors such as the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in High Ridge?
Solar panels aren’t free in High Ridge, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Can you sell solar power back to the grid in High Ridge?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future power bills.
How long do solar panels last in High Ridge?
On average, solar panels can last 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 level 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.