Solar Panel Cost Guide in Nixa, MO (2024 Update)
- Nixa Solar Installation Cost: $16,574
- 25-Year Savings: $20,989
- Payback Period: 12.3 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Nixa
Find out what the average cost of solar panel installation is in Nixa.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Nixa, the typical cost of a solar system is 3 per watt.Because a 7.0-kW system is needed to cover the energy needs of a typical home in Nixa, the average price of going solar will be about $16,574 after claiming the federal solar tax credit of 0.
The actual price you pay can go higher or lower than the average in Nixa depending on several factors, such as the type of solar panels you choose and the solar contractor you hire.Even with the large upfront cost, the average Nixa homeowner can save about $19,000 on their power bills over 20 years, which is one of the advantages of solar.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Nixa
| Year | Return on Investment |
|---|---|
| 1 years | $-14,901 |
| 3 years | $-11,553 |
| 5 years | $-8,206 |
| 7 years | $-4,859 |
| 9 years | $-1,512 |
| 11 years | $1,836 |
| 13 years | $5,183 |
| 15 years | $8,530 |
| 17 years | $11,877 |
| 19 years | $15,224 |
| 21 years | $18,572 |
| 23 years | $21,919 |
| 25 years | $25,266 |
Top Solar Installers in Nixa
When switching to solar energy, many homeowners opt to use a solar installation company since putting up solar panels yourself can be a time-consuming project. Solar warranties and repairs are ordinarily included in the cost of installation when you go with a solar company as well, which can save you more money over time.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Nixa
Factors that Affect Solar Panel Costs in Nixa
There are several criteria that can influence your 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 cost of solar panels varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,370.There are several different solar panel brands and the one you choose also changes the cost. Generally speaking, the brands that are more efficient tend to also cost more. In addition, the type of equipment you want 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
Many homeowners find the average cost of solar in Nixa to be too steep, even if the investment pays off over time. Thankfully, almost every solar company in the area offers financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also result in paying more over time because of interest.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
The remaining key cost factor you should consider is the installer you choose. Given the booming popularity of clean energy solutions in Nixa, you’ll have many options to choose from, but each comes at various price points for labor and equipment.Additionally, some companies in Nixa are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save 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 | $3.50 | $14,720 | $14,081 | 12.8 years |
| 8 kW | $3.44 | $19,249 | $19,153 | 12.5 years |
| 10 kW | $3.37 | $23,590 | $24,413 | 12.3 years |
| 12 kW | $3.30 | $27,742 | $29,861 | 12.0 years |
| 14 kW | $3.24 | $31,705 | $35,499 | 11.8 years |
| 16 kW | $3.17 | $35,479 | $41,325 | 11.5 years |
| 18 kW | $3.10 | $39,065 | $47,340 | 11.3 years |
| 20 kW | $3.03 | $42,462 | $53,543 | 11.1 years |
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 selecting a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: The model of solar panel you want to install plays a part in which installer you should choose, since different companies have access to different panels.
- 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: When making the switch to solar energy, it’s necessary to keep an open line of communication with your solar company. See to it that you understand how the installation process will go and the completion timeline.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
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 Nixa, MO Solar Cost FAQs
How much does it cost to install solar panels in Nixa?
The average cost of solar panels in Nixa is about $16,850 for a 5-kW system and $33,700 for a 10-kW system before the ITC, but the real cost will depend on things such as the model of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Nixa?
Leasing solar panels can be an option if you can’t pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Is going solar worth it?
Solar panels can be a fruitful investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already fairly low, solar panels might not be for you.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily 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 account for 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.