Solar Panel Cost Guide in Kennett, MO (2024 Update)
- Kennett Solar Installation Cost: $16,400
- 25-Year Savings: $19,826
- Payback Period: 12.6 Years
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Average Cost of Solar Panels in Kennett
Let’s have a look at the average cost of solar panels in Kennett.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Kennett, the typical cost of solar panels is 3 per watt.The average solar panel system size in Kennett is around 7.0 kilowatts, meaning a cost of about $16,400 for a solar installation, or $23,452 before the 0 federal solar tax credit is applied.
These figures are just averages, and how much solar costs for you will most likely look different based on your specific situation and what company you want to go with.But, once you've paid the initial cost of installation, the return on investment for most homeowners is quite rewarding, with a net average savings of about $18,000 over 20 years on electricity bills.
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 Kennett
| Year | Return on Investment |
|---|---|
| 1 years | $-15,110 |
| 3 years | $-12,529 |
| 5 years | $-9,948 |
| 7 years | $-7,366 |
| 9 years | $-4,785 |
| 11 years | $-2,204 |
| 13 years | $377 |
| 15 years | $2,958 |
| 17 years | $5,539 |
| 19 years | $8,120 |
| 21 years | $10,701 |
| 23 years | $13,283 |
| 25 years | $15,864 |
Top Solar Installers in Kennett
Although it's possible to install solar panels on your own, it takes extra effort and expertise. That's why almost all homeowners choose to go with a solar panel installer. Another great thing about using a vetted solar installer is that it'll likely provide warranties and free repairs, which help protect your solar investment.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some 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 Kennett
Factors that Affect Solar Panel Costs in Kennett
There are many criteria that can affect your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,370. The brand and type of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a 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 limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Kennett to be too steep, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in paying more over time due to interest.However, the interest on solar loans also increases your total costs, so it’s important to keep that in mind as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you go with to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar panel companies operating in Kennett, and each can charge varying amounts for labor and equipment.Some companies 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 with an above-average cost. It’s best to do some research and decide on the company that has 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 | $13,268 | 13.1 years |
| 8 kW | $3.44 | $19,249 | $18,068 | 12.9 years |
| 10 kW | $3.37 | $23,590 | $23,057 | 12.6 years |
| 12 kW | $3.30 | $27,742 | $28,235 | 12.4 years |
| 14 kW | $3.24 | $31,705 | $33,601 | 12.1 years |
| 16 kW | $3.17 | $35,479 | $39,157 | 11.9 years |
| 18 kW | $3.10 | $39,065 | $44,900 | 11.6 years |
| 20 kW | $3.03 | $42,462 | $50,833 | 11.4 years |
How to Save on Solar Panels
There are a lot of companies available in Kennett, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Installation Process: When making the switch to solar, it’s necessary to keep an open line of communication with your solar panel company. See to it that you understand how the installation process works and the completion timeline.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years likely offer good-quality solar panel installation and expertise.
- Warranty: Many companies offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: When looking over your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
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 Kennett, MO Solar Cost FAQs
What is the average cost of installing solar panels in Kennett?
This is a tough question to answer precisely, because the cost depends on a few different 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 additional solar equipment or higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
What other factors should I consider aside from cost when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Kennett?
Solar panels can be a good investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already fairly low, solar panels might not be for you.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can 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 buy between 20 and 35 panels to cover 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.