Solar Panel Cost Guide in Sappington, MO (2023 Update)
- Sappington Solar Installation Cost: $13,108
- 25-Year Savings: $18,001
- Payback Period: 10.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Sappington
Let's take a look at the average cost of solar panels in Sappington.
In Sappington, solar panels cost about 2.59 per watt on average. The average solar panel system size in Sappington is around 7.2 kilowatts, meaning a cost of about $13,108 for a solar installation, or $18,744 before the 30% federal solar tax credit is applied.
These figures are only averages, and how much solar costs for you will differ based on your specific situation and what company you go with. With average savings of about $16,000 on electricity bills over 20 years, many homeowners in Sappington find investing in solar can be quite rewarding.
Click the button below to get connected to a top solar installer in your area for a custom quote.
Solar savings over time in Sappington
Year | Return on Investment |
---|---|
1 years | $-11,864 |
3 years | $-9,375 |
5 years | $-6,886 |
7 years | $-4,398 |
9 years | $-1,909 |
11 years | $580 |
13 years | $3,068 |
15 years | $5,557 |
17 years | $8,046 |
19 years | $10,534 |
21 years | $13,023 |
23 years | $15,512 |
25 years | $18,001 |
Top Solar Installers in Sappington
Although it's possible to install solar panels yourself, it involves extra labor and handiness. That's one of the reasons almost all homeowners choose a solar panel installer. Also, companies with a good reputation that cost more upfront could actually save you money in the long run because of their warranties, repair services and expert design.
If you're searching for a solar installer in Sappington, we've 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 (coming 2022)
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 Sappington
Factors that Affect Solar Panel Costs in Sappington
For many Sappington homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Sappington, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems 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 with higher efficiency or power generation use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,590. The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That's why many Sappington homeowners choose to finance their solar panel systems to make going solar more affordable. 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're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor 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
A final consideration when trying to figure out the cost of solar for your home or business in Sappington is the company you choose to install your solar system. As with choosing a company to renovate your kitchen, for example, there's no shortage of solar installers that provide a range of services at different price points. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and find a company that has the products, warranties and services you want 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 | $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
Since the kind of solar panels and the company you choose has an impact on your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the gold standard in the business, and offering that kind of warranty is one indication of a good company.
- Solar Panel Brands: The kind of solar panel you want plays a part in which company you should go with, since different companies provide different panels.
- Contract: When looking through your solar company's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years most likely provide good-quality solar panel installation and expertise.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Sappington, MO Solar Cost FAQs
How much does it cost to install solar panels in Sappington?
The average cost of solar panels in Sappington is about $12,950 for a 5-kW system and $25,900 for a 10-kW system before the ITC, but the real cost will depend on things such as the kind of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Sappington?
Leasing solar panels can be an attractive choice, as it often comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.
Does Sappington have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future power bills.
How many solar panels do I need to power 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 usually produce about 250 to 400 watt-hours per hour, the average house 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.