Solar Panel Cost Guide in Valley Park, MO (2024 Update)

  • Valley Park Solar Installation Cost: $17,060
  • 25-Year Savings: $18,077
  • Payback Period: 13.7 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Valley Park

Find out how much it might cost to make the switch to solar in Valley Park.

While the national average of solar panels is $2.66 per watt, solar panels in Valley Park typically cost around 3.To account for the typical energy needs of the average home in Valley Park, most homeowners require a 7.2-kilowatt system. Using the per-watt figure above, a solar installation costs about $17,060, or $24,396 before the federal solar tax credit of 0 is applied.

The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of making the switch to solar can vary quite a bit depending on several factors, such as what size system you need, your energy usage and what installation company you go with.But, once you've paid the initial cost of installation, the savings for most homeowners is typically good, with a net average savings of about $16,000 over 20 years on energy bills.

To see your potential ROI and connect with a local solar company, click the button below.

Solar savings over time in Valley Park

Year Return on Investment
1 years $-15,769
3 years $-13,188
5 years $-10,607
7 years $-8,026
9 years $-5,445
11 years $-2,864
13 years $-283
15 years $2,298
17 years $4,880
19 years $7,461
21 years $10,042
23 years $12,623
25 years $15,204

Top Solar Installers in Valley Park

Trying to install solar panels by yourself can be a dangerous undertaking, which is why hiring a solar installer is a good option for many homeowners. A solar installer can also help save you money in the long run by offering warranties, repairs and system component replacements.

You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some near you:

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

Best Technology

Tesla Energy

★★★★★
3.2

  • 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 considering investing 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 discuss each of these briefly below.

Solar Equipment

The cost of solar panels varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation require 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 brand and type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted 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 a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.

Solar Financing Terms

If paying for solar panels out of pocket is difficult, solar loans are a solid route because they lower your upfront costs and let you pay for your system over five to seven years on average.Although 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 make a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

Finally, the company you opt for to install your solar panel system can influence how much it costs. Valley Park’s solar companies all have different labor costs and add varying upcharges to equipment. The size of the company can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger names.

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 $11,156 14.2 years
8 kW $3.44 $19,249 $15,252 13.9 years
10 kW $3.37 $23,590 $19,536 13.7 years
12 kW $3.30 $27,742 $24,010 13.4 years
14 kW $3.24 $31,705 $28,672 13.1 years
16 kW $3.17 $35,479 $33,523 12.9 years
18 kW $3.10 $39,065 $38,563 12.6 years
20 kW $3.03 $42,462 $43,791 12.3 years

How to Save on Solar Panels

The solar company you choose will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, including:

  • Contract: When looking over your solar installer’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
  • Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
  • Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
  • Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years likely provide quality solar panel installation and expertise.

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

Best Technology

Tesla Energy

★★★★★
3.2

  • 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?

This is a hard question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $16,850 for a 5-kW system and $33,700 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have above-average energy consumption. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.

What other factors should I consider aside from cost 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 reasons for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.

Does Valley Park have a net metering program?

Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future utility bills.

What solar power system size is right for my home?

To figure out how many solar panels you need, you should find out how much energy your home needs 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.

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