Solar Panel Cost Guide in Valley Park, MO (Jan 2023)
- Valley Park Solar Installation Cost: $13,108
- 25-Year Savings: $18,081
- Payback Period: 10.5 Years
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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:
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.
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|
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 that 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.
EcoWatch's Valley Park, MO Solar Cost FAQs
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.