Solar Panel Cost Guide in Pacific, MO (2024 Update)
- Pacific Solar Installation Cost: $17,017
- 25-Year Savings: $17,930
- Payback Period: 13.7 Years
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Average Cost of Solar Panels in Pacific
Let’s take a look at the average cost of solar panels in Pacific.
The average cost of solar panels in Pacific is 3 per watt.To account for the typical energy usage of the average home in Pacific, most homeowners require a 7.2-kilowatt system. Using the per-watt figure above, a solar installation costs about $17,017, or $24,334 before the federal solar tax credit of 0 is applied.
These figures are just averages, and the cost of going solar for you will look different based on the amount of energy your home requires and what company you want to go with.Many homeowners find going solar is a solid investment. The average homeowner in Pacific can save about $16,000 on their power bills over 20 years.
You can click the button below to get connected with a top solar installer in Pacific that can help you get a more accurate cost estimate for your home.
Solar savings over time in Pacific
| Year | Return on Investment |
|---|---|
| 1 years | $-15,726 |
| 3 years | $-13,145 |
| 5 years | $-10,564 |
| 7 years | $-7,983 |
| 9 years | $-5,402 |
| 11 years | $-2,820 |
| 13 years | $-239 |
| 15 years | $2,342 |
| 17 years | $4,923 |
| 19 years | $7,504 |
| 21 years | $10,085 |
| 23 years | $12,666 |
| 25 years | $15,248 |
Top Solar Installers in Pacific
Installing solar panels on your own can be a difficult task, which is why getting a solar installation company is a good option for many homeowners. In addition, if you’d like to maximize your investment in solar power, using a solar installer can help with that as well. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives.
If you're searching for a solar installer in Pacific, the EcoWatch team has compiled a list of our top suggestions here:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Pacific
Factors that Affect Solar Panel Costs in Pacific
Cost is typically one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that determine your overall cost in Pacific: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. For that reason, it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Pacific, 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
Many homeowners find the average cost of solar in Pacific to be too steep, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides financing options. Solar loans remarkably decrease upfront costs in most cases, but they also lead to higher prices over time because of interest.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you select will affect your total cost to go solar. Different companies will bill different amounts for the equipment and labor.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and go with the company that offers the products, warranties and services you’re looking for and also is within your budget.
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 | $11,071 | 14.3 years |
| 8 kW | $3.44 | $19,249 | $15,139 | 14.0 years |
| 10 kW | $3.37 | $23,590 | $19,395 | 13.7 years |
| 12 kW | $3.30 | $27,742 | $23,841 | 13.4 years |
| 14 kW | $3.24 | $31,705 | $28,475 | 13.2 years |
| 16 kW | $3.17 | $35,479 | $33,297 | 12.9 years |
| 18 kW | $3.10 | $39,065 | $38,309 | 12.6 years |
| 20 kW | $3.03 | $42,462 | $43,509 | 12.3 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, 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: Each solar panel brand and kind has varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
- Contract: Even though reading through a contract can be tedious, it’s important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Pacific, MO Solar Cost FAQs
What is the average cost of installing solar panels in Pacific?
The average cost of solar panels in Pacific 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 certain factors such as the type of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Pacific?
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 don’t have access to 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.
How will solar panels impact the value of my home?
Solar panels can increase your property’s 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 solar panels."
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.