Solar Panel Cost Guide in Town And Country, MO (2023 Update)
- Town And Country Solar Installation Cost: $13,108
- 25-Year Savings: $17,668
- Payback Period: 10.7 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Town And Country
Let's have a look at the average cost of solar in Town And Country.
The average cost of a solar system in Town And Country is 2.59 per watt. To account for the typical energy usage of the average home in Town And Country, most homeowners require a 7.2-kilowatt system. Using the figure above, a solar installation costs around $13,108, or $18,744 before the federal solar tax credit of 30% is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar may look quite different based on your household energy needs, the type of equipment you choose, your solar contractor and more. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Town And Country can save about $16,000 on their power bills over 20 years.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Town And Country
| Year | Return on Investment |
|---|---|
| 1 years | $-11,877 |
| 3 years | $-9,415 |
| 5 years | $-6,953 |
| 7 years | $-4,491 |
| 9 years | $-2,029 |
| 11 years | $433 |
| 13 years | $2,895 |
| 15 years | $5,357 |
| 17 years | $7,819 |
| 19 years | $10,281 |
| 21 years | $12,743 |
| 23 years | $15,205 |
| 25 years | $17,668 |
Top Solar Installers in Town And Country
When going solar, many homeowners decide to hire a solar installation company since putting up solar panels yourself can be a difficult project. Companies can also have access to various kinds of the best solar panels and help you choose which one will be right for your family.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 Town And Country
Factors that Affect Solar Panel Costs in Town And Country
There are a number of factors that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production need 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 type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for 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, higher efficiency could save you more over time on your energy bills. In addition, extra products, such as solar batteries, can bump up your total well above the Town And Country average.
Solar Financing Terms
Most solar companies in Town And Country have solar loans, which reduce the initial cost of installing a solar system. When figuring out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
Finally, the company you hire to install your solar system can impact your pricing. Town And Country's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Town And Country have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for that service. 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 | $14,220 | 11.1 years |
| 8 kW | $2.64 | $14,794 | $19,250 | 10.9 years |
| 10 kW | $2.59 | $18,130 | $24,425 | 10.7 years |
| 12 kW | $2.54 | $21,321 | $29,745 | 10.4 years |
| 14 kW | $2.49 | $24,367 | $35,210 | 10.2 years |
| 16 kW | $2.43 | $27,268 | $40,820 | 10.0 years |
| 18 kW | $2.38 | $30,023 | $46,575 | 9.8 years |
| 20 kW | $2.33 | $32,634 | $52,475 | 9.6 years |
How to Save on Solar Panels
Since the model 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 pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: Different companies carry different brands and models of panels. If you want a specific brand, make sure the solar panel company you're considering has it.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be completed and how long it will take.
- Contract: When looking through your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to do the job well. Another way you can verify 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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Town And Country, MO Solar Cost FAQs
How much does it cost to install solar panels in Town And Country?
This is a tough question to answer precisely, because the cost depends on many factors. Generally 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 extra solar equipment or more efficient panels, or if you have above-average energy usage. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
The initial cost is a crucial factor to consider, but whether it's the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Do solar panels increase the value of your home?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Town And Country is currently $385,694, so you can expect a value of about $15,813 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Town And Country is a worthwhile investment.
How long do solar panels last in Town And Country?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can replace them after having them for that long or you can keep using them at a lower efficiency.
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.