Solar Panel Cost Guide in Mount Vernon, MO (2025 Update)
- Mount Vernon Solar Installation Cost: $16,577
- 25-Year Savings: $23,287
- Payback Period: 11.5 Years
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Average Cost of Solar Panels in Mount Vernon
Let’s take a look at the average cost of solar panels in Mount Vernon.
Although the national average of solar panels is $2.66 per watt, solar panels in Mount Vernon typically cost around 3.Using this figure, a typical 7.0-kW system would cost about $16,577 before the 0 federal solar tax credit is applied.
How much you pay can be above or below the average in Mount Vernon depending on several factors, such as the kind of solar panels you choose and the solar contractor you hire.For most homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $21,000 in savings on energy bills over 20 years.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Mount Vernon
| Year | Return on Investment |
|---|---|
| 1 years | $-14,903 |
| 3 years | $-11,556 |
| 5 years | $-8,209 |
| 7 years | $-4,861 |
| 9 years | $-1,514 |
| 11 years | $1,833 |
| 13 years | $5,180 |
| 15 years | $8,528 |
| 17 years | $11,875 |
| 19 years | $15,222 |
| 21 years | $18,569 |
| 23 years | $21,916 |
| 25 years | $25,264 |
Top Solar Installers in Mount Vernon
Putting up solar panels on your own can be a time-consuming task, which is why hiring a solar installer is a good option for many homeowners. Another perk of using a solar installer is that they can help you make the most of your investment by bringing down your future costs of repairs and replacements because of warranties and informing you of local incentives you can take advantage of.
Working with a professional solar installer can help you make the most of your investment in solar. Here are our recommendations:
See all of the solar companies in Mount Vernon
Factors that Affect Solar Panel Costs in Mount Vernon
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few key factors that determine your overall cost in Mount Vernon: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. For that reason, it’s a priority to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.There are many different solar panel brands and the one you choose also changes the cost. Usually, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are offered by most installers in Mount Vernon, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar installation company you pick will influence your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.Larger national companies usually have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on 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 | $3.50 | $14,720 | $16,041 | 12.0 years |
| 8 kW | $3.44 | $19,249 | $21,766 | 11.7 years |
| 10 kW | $3.37 | $23,590 | $27,679 | 11.5 years |
| 12 kW | $3.30 | $27,742 | $33,781 | 11.3 years |
| 14 kW | $3.24 | $31,705 | $40,072 | 11.0 years |
| 16 kW | $3.17 | $35,479 | $46,551 | 10.8 years |
| 18 kW | $3.10 | $39,065 | $53,219 | 10.6 years |
| 20 kW | $3.03 | $42,462 | $60,076 | 10.4 years |
How to Save on Solar Panels
There are many companies to choose from in Mount Vernon, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can research your installer’s reputation is by reading reviews.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be done and how long it will take.
- Solar Panel Brands: Different companies carry various brands and types of panels. If you want a specific brand, make sure the solar installer you’re considering has it.
EcoWatch's Mount Vernon, MO Solar Cost FAQs
What is the average cost of installing solar panels in Mount Vernon?
The average cost of solar panels in Mount Vernon is about $16,850 for a 5-kW system and $33,700 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to keep in mind when buying solar panels?
The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
How will having solar panels impact how much my home is worth?
Solar panels can increase your home value significantly as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How often do you have to replace solar panels?
On average, solar panels can last 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 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.