Solar Panel Cost Guide in Sedalia, MO (2023 Update)
- Sedalia Solar Installation Cost: $13,072
- 25-Year Savings: $18,732
- Payback Period: 10.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Sedalia
Find out what the average cost of a solar system is in Sedalia.
In Sedalia, solar panels cost about 2.59 per watt on average. Using this figure, a typical 7.2-kW system would cost about $13,072 before the 30% federal solar tax credit is applied.
These figures are just averages, and your own solar costs will most likely look different based on your energy needs and what company you choose to go with. But, after you've paid the upfront cost of installation, the savings for most homeowners is typically fruitful, with a net average savings of about $17,000 over 20 years on utility bills.
You can click the button below to get connected with a top solar installer in Sedalia for a quote for your home.
Solar savings over time in Sedalia
| Year | Return on Investment |
|---|---|
| 1 years | $-11,800 |
| 3 years | $-9,255 |
| 5 years | $-6,711 |
| 7 years | $-4,167 |
| 9 years | $-1,622 |
| 11 years | $922 |
| 13 years | $3,466 |
| 15 years | $6,010 |
| 17 years | $8,555 |
| 19 years | $11,099 |
| 21 years | $13,643 |
| 23 years | $16,187 |
| 25 years | $18,732 |
Top Solar Installers in Sedalia
Many homeowners decide to hire a solar panel company since trying to put up solar panels yourself can be a lot of work. A solar company can also help save you money over time by providing warranties, repairs and component replacements.
If you're looking for a solar company in Sedalia, we've 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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Sedalia
Factors that Affect Solar Panel Costs in Sedalia
The cost of installing a solar system in Sedalia can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The size of the solar energy system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,590. There are many different solar panel brands and the one you choose also changes the cost. Usually, the brands that are more efficient tend to also cost more. Plus, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are offered by most installers in Sedalia, which can lower, or in some cases eliminate, your upfront costs to make solar more affordable. It's wise to add 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 the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The solar panel installation company you select will affect your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor. Additionally, some companies in Sedalia have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. 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 | $2.69 | $11,313 | $15,159 | 10.7 years |
| 8 kW | $2.64 | $14,794 | $20,502 | 10.5 years |
| 10 kW | $2.59 | $18,130 | $25,990 | 10.3 years |
| 12 kW | $2.54 | $21,321 | $31,623 | 10.1 years |
| 14 kW | $2.49 | $24,367 | $37,401 | 9.9 years |
| 16 kW | $2.43 | $27,268 | $43,325 | 9.7 years |
| 18 kW | $2.38 | $30,023 | $49,393 | 9.5 years |
| 20 kW | $2.33 | $32,634 | $55,606 | 9.2 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Sedalia, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
- Reputation: Your solar installer should have a solid reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- Contract: When reading over your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Sedalia, MO Solar Cost FAQs
What is the average cost of installing solar panels in Sedalia?
This is a difficult question to answer exactly, because the cost depends on a variety of 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 more efficient panels, or if you have above-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Are solar panels free in Sedalia?
A solar panel system isn't free in Sedalia, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Do solar panels increase how much your home is worth?
Solar panels can increase your home value remarkably 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% with a solar installation."
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level 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.