Solar Panel Cost Guide in Kirkwood, MO (Aug 2022)

  • Kirkwood Solar Installation Cost: $13,857
  • 25-Year Savings: $17,352
  • Payback Period: 11.1 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 7/19/2022

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Average Cost of Solar Panels in Kirkwood

Let's take a look at the average cost of solar panels in Kirkwood.

The national average cost of solar panels is $2.66 per watt, but in Kirkwood it's $3 per watt. The average Kirkwood homeowner needs a 7.2-kilowatt system, which would cost about $13,857, or $10,254 after the federal solar tax credit is applied.

The prices above are just estimates to give you an idea of how much a solar energy system could cost. The actual cost of making the switch to solar can vary quite a bit depending on several factors, such as how many panels you need, your energy usage and what solar installer you go with. Many homeowners find installing a solar panel system is a rewarding investment. The average homeowner in Kirkwood can save about $16,000 on their electricity bills over 20 years.

To calculate your potential savings and connect with a local solar company, click the button below.

Solar savings over time in Kirkwood

Year Return on Investment
1 years $-12,609
3 years $-10,112
5 years $-7,615
7 years $-5,118
9 years $-2,622
11 years $-125
13 years $2,372
15 years $4,869
17 years $7,365
19 years $9,862
21 years $12,359
23 years $14,856
25 years $17,352

Top Solar Installers in Kirkwood

Although you can install solar panels yourself, it takes extra effort and knowledge. Because of that, most homeowners choose a solar panel installer. The expertise that solar installers provide can be valuable as well, particularly if you aren't sure what brand of solar equipment would be right for your home.

If you'd like to switch to solar energy but still aren't certain which solar installer to go with, here are our suggestions for providers nearby:

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

The Green Panel

★★★★★
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 Kirkwood

Factors that Affect Solar Panel Costs in Kirkwood

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

Solar Equipment Size

The size of the solar panel system you need for your household is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,590. The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag 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 will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.

Solar Financing Terms

Solar panels can save you money on energy bills over time, but they can also be a significant investment. That's why many Kirkwood homeowners choose to finance their solar panel systems to make paying for solar more affordable. When figuring out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.

Solar Panel Installation Company

The solar company you choose to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Kirkwood, and each can charge varying amounts for labor and equipment. Larger national companies usually have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.

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 $11,960 $13,933 11.5 years
8 kW $2.64 $15,639 $18,884 11.3 years
10 kW $2.59 $19,166 $23,989 11.1 years
12 kW $2.54 $22,539 $29,247 10.9 years
14 kW $2.49 $25,759 $34,658 10.7 years
16 kW $2.43 $28,826 $40,222 10.4 years
18 kW $2.38 $31,739 $45,940 10.2 years
20 kW $2.33 $34,499 $51,811 10.0 years

Solar Incentives in Kirkwood

Name Local Option - Clean Energy Development Boards
More Info Click here

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

Name Solar Property Tax Exemption
Incentive Amount 100% exemption
More Info Click here

How to Save on Solar Panels

The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because picking a company can be a challenge, we have some tips to help you, such as:

  • Solar Panel Brands: Homeowners will have different preferences for panels based 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 the exact one you may want or need, so be sure to take a look at their list of offerings before making your decision.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely have a good reputation and are qualified to get the job done well. Another way you can research your installer's reputation is by reading reviews.
  • Contract: Review the contract terms closely to make sure you understand the cost breakdown, project completion timeline rebates and warranties.
  • Installation Process: When going solar, it's important to maintain an open line of communication with your solar company. Make sure you understand how the installation process works and the completion timeline.

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

The Green Panel

★★★★★
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 Kirkwood, MO Solar Cost FAQs

How much does it cost to install solar panels in Kirkwood?

This is a difficult question to answer precisely, because the cost depends on many 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. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.

Is cost the most important consideration when buying solar panels?

Cost is a crucial factor to consider, but whether it's the most important for you depends on your goals for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.

Do solar panels increase how much your home is worth?

Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Kirkwood is currently $344,800, so you could be looking at a value of about $14,137 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Kirkwood is a worthwhile investment.

What solar power system size is right for my home?

To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.

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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