Solar Panel Cost Guide in Liberty, MO (2023 Update)
- Liberty Solar Installation Cost: $13,162
- 25-Year Savings: $20,379
- Payback Period: 9.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Liberty
See how much it might cost to go solar in Liberty.
In Liberty, solar panels cost about 2.59 per watt on average. Using this figure, a typical 7.3-kW system would cost about $13,162 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The actual cost of going solar can vary depending on a few factors, such as what size system you need, your energy usage and what installation company you go with. Many homeowners find adopting solar power is a solid investment. The average homeowner in Liberty can save about $18,000 on their energy bills over 20 years.
Click the button below to get connected to a reputable solar company in Liberty for a custom estimate.
Solar savings over time in Liberty
| Year | Return on Investment |
|---|---|
| 1 years | $-11,821 |
| 3 years | $-9,137 |
| 5 years | $-6,454 |
| 7 years | $-3,771 |
| 9 years | $-1,088 |
| 11 years | $1,596 |
| 13 years | $4,279 |
| 15 years | $6,962 |
| 17 years | $9,646 |
| 19 years | $12,329 |
| 21 years | $15,012 |
| 23 years | $17,695 |
| 25 years | $20,379 |
Top Solar Installers in Liberty
Installing solar panels on your own can be a time-consuming task, which is why hiring a solar installation company is a good option for many homeowners. A solar company can also help save you money over the lifespan of your system by providing warranties, repairs and part replacements.
Working with a vetted solar company can help you make the most of your investment in solar. 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 Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Liberty
Factors that Affect Solar Panel Costs in Liberty
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that affect your total cost in Liberty: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay about $2,590 per kilowatt in Liberty. There are many different solar panel brands and the one you choose also affects the cost. Typically, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you're looking to install 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 Liberty to be prohibitively expensive, even if the investment pays off over time. Fortunately, almost every solar company in the area provides financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to a higher cost over time due to interest. However, the interest on solar loans also adds to your overall costs, so it's crucial to include that in your estimate as well. You can always bring down the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The final significant cost factor you should keep in mind is the installer you choose. Given the booming popularity of clean energy solutions in Liberty, you'll have many options to choose from, but each comes at different price points for labor and equipment. Additionally, some companies in Liberty know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. 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 | $16,393 | 10.2 years |
| 8 kW | $2.64 | $14,794 | $22,147 | 10.0 years |
| 10 kW | $2.59 | $18,130 | $28,046 | 9.8 years |
| 12 kW | $2.54 | $21,321 | $34,091 | 9.6 years |
| 14 kW | $2.49 | $24,367 | $40,280 | 9.4 years |
| 16 kW | $2.43 | $27,268 | $46,615 | 9.2 years |
| 18 kW | $2.38 | $30,023 | $53,094 | 9.0 years |
| 20 kW | $2.33 | $32,634 | $59,719 | 8.8 years |
How to Save on Solar Panels
There are many companies available in Liberty, 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:
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
- Contract: Before you sign a contract with a solar installer, make sure you look it over fully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
- Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Long-running companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Liberty, MO Solar Cost FAQs
How much does it cost to install solar panels in Liberty?
This is a hard 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. It will be more expensive if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Liberty?
Leasing solar panels can be an attractive choice, as it typically comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better way to go if you want to get the most savings.
Is it worth going solar in Liberty?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.
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 requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average house 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.