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
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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.Using this figure, a typical 7.0-kW system would cost about $16,574 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy consumption, the type of equipment you choose, your solar contractor and more.Even with the large upfront cost, the average Nixa homeowner can save around $19,000 on their energy bills over 20 years, which is one of the benefits of solar.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, 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
Installing solar panels by yourself can be a dangerous undertaking, which is why getting a solar installer is a good option for many homeowners. Another good thing about going with a top solar installer is that it'll usually provide warranties and free repairs, which help protect your solar system over time.
If you're searching for a solar company in Nixa, we've put together a list of our top suggestions here:
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 Nixa
Factors that Affect Solar Panel Costs in Nixa
For many Nixa homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Nixa, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar energy system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,370. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Nixa, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Nixa have solar loans, which reduce the initial cost of installing solar.You’ll have to consider the long-term cost of financing options, 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 original cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar installer you hire to handle your switch to solar energy can play a part in your total costs. There are about 3 solar panel companies operating in Nixa, and each can charge varying amounts for labor and equipment.The company’s size can sometimes play the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
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
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Different companies have various brands and models of panels. If you know you want a specific brand, make sure the solar company you’re considering has it.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: One of the most important things to understand when adopting solar power is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should acquire and how long the project will take.
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
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 Nixa, MO Solar Cost FAQs
What is the average cost of installing solar panels in Nixa?
This is a tough question to answer precisely, because the cost depends on a few different factors. Generally 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 cost more if you want other solar equipment or more efficient panels, or if you have above-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 it better to lease or buy solar panels in Nixa?
Leasing solar panels can be an option if you are unable to 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 savings from going solar.
Is it worth going solar in Nixa?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home requires 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 home 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.