Solar Panel Cost Guide in St. Robert, MO (2024 Update)
- St. Robert Solar Installation Cost: $16,830
- 25-Year Savings: $16,151
- Payback Period: 14.5 Years
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Average Cost of Solar Panels in St. Robert
Let’s have a look at the average cost of solar in St. Robert.
The national average cost of solar panels is $2.66 per watt, but in St. Robert it’s 3 per watt.Since a 7.1-kW system is needed to cover the energy usage of a typical home in St. Robert, the average price of going solar will be about $16,830 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much solar panels could cost. The actual cost of going solar can vary based on several factors, such as how many panels you need, your energy usage and what company you go with.Many homeowners find going solar is a solid investment. The average homeowner in St. Robert can save about $16,000 on their energy bills over 20 years.
To get a free estimate from a pre-vetted solar installer in St. Robert, you can click the button below.
Solar savings over time in St. Robert
Year | Return on Investment |
---|---|
1 years | $-15,580 |
3 years | $-13,081 |
5 years | $-10,581 |
7 years | $-8,082 |
9 years | $-5,582 |
11 years | $-3,082 |
13 years | $-583 |
15 years | $1,917 |
17 years | $4,416 |
19 years | $6,916 |
21 years | $9,416 |
23 years | $11,915 |
25 years | $14,415 |
Top Solar Installers in St. Robert
Trying to put up solar panels by yourself can be a time-consuming task, which is why getting a solar installation company is a good option for many homeowners. Local solar installers can also help you maximize your return on investment by assisting with any local incentives and by offering warranties and repairs.
If you're looking for a solar installer in St. Robert, we've compiled 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 St. Robert
Factors that Affect Solar Panel Costs in St. Robert
Although the average cost of a solar system in St. Robert is $16,830, your final cost may be higher or lower than that. There are quite a few factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the main 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 raise costs. For each additional kilowatt you need, your cost can go up by about $3,370.The model of solar panels and equipment you get is another factor that will considerably influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
If paying for solar panels in cash is too expensive, solar loans are an affordable choice because they reduce your upfront costs and allow you to pay for your system over five to seven years on average.However, the interest on solar loans also adds to your overall costs, so it’s crucial to consider that as well. You can always lower the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in St. Robert is the company you choose to install your solar system. As with choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that provide a range of services at different price points.Larger national companies typically have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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 | $9,740 | 15.0 years |
8 kW | $3.44 | $19,249 | $13,365 | 14.8 years |
10 kW | $3.37 | $23,590 | $17,178 | 14.5 years |
12 kW | $3.30 | $27,742 | $21,179 | 14.2 years |
14 kW | $3.24 | $31,705 | $25,370 | 13.9 years |
16 kW | $3.17 | $35,479 | $29,749 | 13.6 years |
18 kW | $3.10 | $39,065 | $34,317 | 13.3 years |
20 kW | $3.03 | $42,462 | $39,073 | 13.0 years |
How to Save on Solar Panels
There are a lot of companies available in St. Robert, 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:
- Contract: Before you sign a contract with a solar installer, be sure to read it through completely so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Even though there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of options before deciding.
- Warranty: Warranties that cover panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one indication of a good company.
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 St. Robert, MO Solar Cost FAQs
How much does it cost to install solar panels in St. Robert?
The average cost of solar panels in St. Robert 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 things such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in St. Robert?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home 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 financial benefits from going solar.
Can solar panels significantly reduce my electricity bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout St. Robert, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
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 goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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.