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.
In High Ridge, solar panels cost about 3 per watt on average.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 choose, your solar contractor and more.For most homeowners, the upfront cost of solar power is worth paying. On average High Ridge homeowners see about $16,000 in savings on electricity bills over 20 years.
Click the button below to get connected to a reputable solar installer in High Ridge for a personalized estimate.
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
Many homeowners choose to use a solar installer since installing solar panels by yourself can be a lot of work. The expertise that solar installers provide can be invaluable as well, particularly if you aren’t sure what type of solar equipment would be right for your home.
Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:
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
Even though the average cost of a solar system in High Ridge is $16,950, your final cost may be above or below the average. There are several factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
When it comes to estimating the price of solar panels in High Ridge, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can determine by looking at past power bills. Your overall cost can increase by about $3,370 for each additional kilowatt you need.The model of solar panels and equipment you get is another factor that will significantly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Further, solar equipment goes beyond 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
Most solar installers in High Ridge provide solar loans, which reduce the initial cost of installing solar panels.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
Finally, the company you get to install your solar system can affect how much it costs. High Ridge’s solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell high-efficiency and high-priced products — 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 go with the company that provides the products, warranties and services you’re looking for 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 company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years most likely offer high-quality solar panel installation and expertise.
- 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 acquire and what the project timeline is.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. While there are many options for which type 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 peruse their list of offerings before deciding.
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the gold standard in the business, and offering such a warranty is one mark of a good company.
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
What is the average cost of installing solar panels in High Ridge?
This is a hard question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $16,850 for a 5-kW system and $33,700 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Are solar panels free in High Ridge?
Solar panels aren’t free in High Ridge, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Can you sell solar power back to the grid in High Ridge?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future electricity 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 decreases 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.