Solar Panel Cost Guide in Sappington, MO (2023 Update)
- Sappington Solar Installation Cost: $13,111
- 25-Year Savings: $17,997
- Payback Period: 10.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Sappington
Find out what the average cost of a solar system is in Sappington.
The average cost of solar panels in Sappington is 2.59 per watt. The average Sappington homeowner needs a 7.2-kilowatt system, which would cost about $13,108 with the federal tax credit, or $18,744 before the 30% tax credit is applied.
These figures are only estimates, and the cost of going solar for you may vary based on the amount of energy your home requires and what company you choose to go with. For many homeowners, the upfront investment in solar power is worth paying. On average Sappington homeowners see about $16,000 in savings on utility bills over 20 years.
To receive a free quote from a highly rated solar installer in Sappington, you can click the button below.
Solar savings over time in Sappington
| Year | Return on Investment |
|---|---|
| 1 years | $-11,821 |
| 3 years | $-9,240 |
| 5 years | $-6,659 |
| 7 years | $-4,077 |
| 9 years | $-1,496 |
| 11 years | $1,085 |
| 13 years | $3,666 |
| 15 years | $6,247 |
| 17 years | $8,828 |
| 19 years | $11,409 |
| 21 years | $13,990 |
| 23 years | $16,572 |
| 25 years | $19,153 |
Top Solar Installers in Sappington
Many homeowners decide to hire a solar installation company since installing solar panels by yourself can be time-consuming. A solar installer can also help save you money in the long run by providing warranties, repairs and part replacements.
If you're searching for a solar company in Sappington, the EcoWatch team has put together 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 Sappington
Factors that Affect Solar Panel Costs in Sappington
Though the average cost of a solar system in Sappington is $13,108, your final cost may be above or below the average. There are quite a few factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend about $2,590 per kilowatt in Sappington. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your electric bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Sappington average.
Solar Financing Terms
Many homeowners find the average cost of solar in Sappington to be too costly, 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 in most cases, but they also lead to higher prices over time because of interest. Though solar loans make going solar more accessible for Sappington homeowners, they can also add to the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you go with to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Sappington, and each can charge varying amounts for labor and equipment. The company's size sometimes plays the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger companies.
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 | $14,496 | 11.0 years |
| 8 kW | $2.64 | $14,794 | $19,618 | 10.7 years |
| 10 kW | $2.59 | $18,130 | $24,885 | 10.5 years |
| 12 kW | $2.54 | $21,321 | $30,298 | 10.3 years |
| 14 kW | $2.49 | $24,367 | $35,855 | 10.1 years |
| 16 kW | $2.43 | $27,268 | $41,557 | 9.9 years |
| 18 kW | $2.38 | $30,023 | $47,405 | 9.7 years |
| 20 kW | $2.33 | $32,634 | $53,397 | 9.5 years |
How to Save on Solar Panels
The solar panel company you choose will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, such as:
- Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the best you can get in the business, and offering such a warranty is one sign of a quality company.
- Solar Panel Brands: Not all solar companies 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.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can check your installer's reputation is by reading reviews.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Sappington, MO Solar Cost FAQs
What is the average cost of installing solar panels in Sappington?
This is a difficult question to answer precisely, because the cost depends on a few different 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 higher-than-average energy needs. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Is cost the most important thing to think about 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 take into account are the quality and durability of your solar panels.
How will installing solar panels impact my property value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Sappington is currently $226,331, so you can look forward to a value of about $9,280 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Sappington is a fruitful investment.
How long do solar panels last in Sappington?
On average, the lifespan of solar panels is 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 higher 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.
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.