Solar Panel Cost Guide in Jennings, MO (Nov 2022)

  • Jennings Solar Installation Cost: $13,108
  • 25-Year Savings: $18,723
  • Payback Period: 10.3 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 Jennings

We break down average solar pricing in Jennings.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Jennings, the typical cost of a solar system is $3 per watt. The average Jennings homeowner needs a 7.2-kilowatt system, which would cost about $13,108, or $9,700 after the federal solar tax credit of 30% is applied.

The actual price you pay can go above or below the average in Jennings depending on a few factors, such as the kind of solar panels you choose and the solar contractor you hire. For many homeowners, the upfront investment in solar panels is worth paying. On average you could be looking at about $17,000 in savings on electricity bills over 20 years.

For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.

Solar savings over time in Jennings

Year Return on Investment
1 years $-11,835
3 years $-9,288
5 years $-6,742
7 years $-4,195
9 years $-1,649
11 years $898
13 years $3,444
15 years $5,990
17 years $8,537
19 years $11,083
21 years $13,630
23 years $16,176
25 years $18,723

Top Solar Installers in Jennings

Many homeowners opt for a solar panel installer since trying to put up solar panels yourself can be time-consuming. Companies can also offer access to a large variety of the best solar panels and help you decide which one will be right for your home.

If you're on the hunt for a solar company in Jennings, the EcoWatch team has put together 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 Jennings

Factors that Affect Solar Panel Costs in Jennings

The cost of installing a solar system in Jennings can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar installer you choose.

Solar Equipment

The size of the solar panel system you need for your home is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,590. There are a lot of different solar panel brands and the one you choose also changes the cost. Generally speaking, the brands that have better efficiency tend to also cost more. Plus, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Many homeowners find the average cost of solar in Jennings to be too costly, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also result in paying more over time because of interest. However, the interest on solar loans also increases your total costs, so it's vital to consider that as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.

Solar Panel Installation Company

The solar installation company you select will play a role in your total cost to make the switch to solar . Different companies will bill different amounts for the equipment and labor. Additionally, some companies in Jennings know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, 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 $15,095 10.7 years
8 kW $2.64 $14,794 $20,417 10.5 years
10 kW $2.59 $18,130 $25,884 10.3 years
12 kW $2.54 $21,321 $31,496 10.1 years
14 kW $2.49 $24,367 $37,253 9.9 years
16 kW $2.43 $27,268 $43,155 9.7 years
18 kW $2.38 $30,023 $49,202 9.5 years
20 kW $2.33 $32,634 $55,394 9.3 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 choosing a company can be difficult, we have some tips to help you, such as:

  • Solar Panel Brands: The type of solar panel you'd like plays a part in which installer you should choose, since different companies provide different panels.
  • Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
  • Contract: It's important to read through your solar installer's contract well to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
  • Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for a long time and save you money on part replacement and repairs.

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 Jennings, MO Solar Cost FAQs

What is the average cost of installing solar panels in Jennings?

This is a difficult question to answer exactly, because the cost depends on a variety of factors. Broadly 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 needs. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.

Are solar panels free in Jennings?

Solar panels aren't free in Jennings, 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 can further reduce the cost.

Do solar panels increase how much your home is worth?

Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Jennings is currently $69,048, which means you can expect about a value of about $2,831 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Jennings is a fruitful investment.

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 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.

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