Solar Panel Cost Guide in Valley Park, MO (Sep 2022)

  • Valley Park Solar Installation Cost: $13,108
  • 25-Year Savings: $18,081
  • Payback Period: 10.5 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Valley Park

Find out what the average cost of solar panel installation is in Valley Park.

Although the national average of solar panels is $2.66 per watt, solar panels in Valley Park generally cost about $3. To cover the typical energy needs of the average home in Valley Park, most homeowners require a 7.2-kilowatt system. Using the figure above, a solar installation costs around $13,108, or $9,700 after the federal solar tax credit of 30% is applied.

The actual price you pay can be higher or lower than the average in Valley Park based on several factors, such as the model of solar panels you choose and the solar company you hire. Despite the large initial cost, the average Valley Park homeowner can save about $16,000 on their electricity bills over 20 years, which is one of the benefits of solar.

You can click the button below to get connected with a top solar installer in Valley Park that can help you get a more accurate cost estimate for your home.

Solar savings over time in Valley Park

Year Return on Investment
1 years $-11,860
3 years $-9,365
5 years $-6,870
7 years $-4,375
9 years $-1,880
11 years $615
13 years $3,110
15 years $5,605
17 years $8,100
19 years $10,595
21 years $13,091
23 years $15,586
25 years $18,081

Top Solar Installers in Valley Park

Many homeowners opt for a solar installer since figuring out how to install solar panels by yourself can be challenging. The payback period on an investment in solar panels will vary based on factors like your roof configuration and energy usage, but going with a solar installer can shorten it. Your provider will be able to help you apply for incentives available in your area.

There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

The Green Panel

★★★★★
4.5

  • 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 Valley Park

Factors that Affect Solar Panel Costs in Valley Park

Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few key factors that affect your total cost in Valley Park: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.

Solar Equipment Size

When it comes to estimating the cost of a solar energy system in Valley Park, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy consumption, which you can figure out by looking at past power bills. Your overall cost can increase by around $2,590 for each additional kilowatt you need. There are several different solar panel brands and the one you pick also changes the cost. Typically, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you're looking to install can affect your total cost. If you only 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 panels out of pocket can be a challenge. Solar loans are available from most installers in Valley Park, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable. Even though solar loans make adopting solar energy more accessible for Valley Park homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

The solar panel installer you pick will impact your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor. Companies that only sell products with high efficiency and therefore a higher price point — 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 decide on the company that provides the products, warranties and services you're looking for 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 $14,563 10.9 years
8 kW $2.64 $14,794 $19,707 10.7 years
10 kW $2.59 $18,130 $24,996 10.5 years
12 kW $2.54 $21,321 $30,431 10.3 years
14 kW $2.49 $24,367 $36,010 10.1 years
16 kW $2.43 $27,268 $41,735 9.9 years
18 kW $2.38 $30,023 $47,604 9.7 years
20 kW $2.33 $32,634 $53,619 9.5 years

Solar Incentives in Valley Park

Name Local Option - Clean Energy Development Boards
More Info Click here

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

Name Solar Property Tax Exemption
Incentive Amount 100% exemption
More Info Click here

How to Save on Solar Panels

The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:

  • 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.
  • Warranty: If you're concerned about the durability of your solar panels, verifying your installer offers a 25-year, all-inclusive warranty can help put you at ease.
  • Contract: Before you sign a contract with a solar installer, be sure to read it through fully so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
  • Solar Panel Brands: Different companies will offer different brands and kinds of panels. If you want a specific brand, make sure the solar installer you're considering has it.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

The Green Panel

★★★★★
4.5

  • 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 Valley Park, MO Solar Cost FAQs

What is the average cost of installing solar panels in Valley Park?

The average cost of solar panels in Valley Park 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 like the kind of solar panels you want, what size system you need and how much energy you consume.

Can you get solar panels for free in Valley Park?

A solar panel system isn't free in Valley Park, 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 help lower the cost.

Is it worth going solar in Valley Park?

Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.

How often do you have to replace solar panels?

Although 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 the amount of energy they produce will have decreased significantly after that point. You can choose to 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.

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