Solar Panel Cost Guide in Warrensburg, MO (2024 Update)
- Warrensburg Solar Installation Cost: $16,970
- 25-Year Savings: $18,230
- Payback Period: 13.4 Years
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Average Cost of Solar Panels in Warrensburg
See how much it might cost to install solar panels in Warrensburg.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Warrensburg, the typical cost of a solar system is 3 per watt.The average solar panel system size in Warrensburg is around 7.2 kilowatts, meaning a cost of about $16,970 for a solar installation, or $24,267 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy consumption, the type of equipment you want, your solar contractor and more.For many homeowners, the upfront cost of solar panels is worth paying. On average Warrensburg homeowners see about $17,000 in savings on utility bills over 20 years.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Warrensburg
| Year | Return on Investment |
|---|---|
| 1 years | $-15,562 |
| 3 years | $-12,746 |
| 5 years | $-9,930 |
| 7 years | $-7,114 |
| 9 years | $-4,298 |
| 11 years | $-1,482 |
| 13 years | $1,334 |
| 15 years | $4,150 |
| 17 years | $6,966 |
| 19 years | $9,782 |
| 21 years | $12,598 |
| 23 years | $15,414 |
| 25 years | $18,230 |
Top Solar Installers in Warrensburg
Many homeowners choose to hire a solar panel installer since trying to install solar panels on your own can be a lot of work. The expertise that solar companies provide can be valuable as well, especially if you aren’t sure what kind of solar equipment would be right for your home.
If you’d like to go solar but still aren’t sure which solar installer to go with, here are our suggestions for providers near you:
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 Warrensburg
Factors that Affect Solar Panel Costs in Warrensburg
While the average cost of a solar system in Warrensburg is $16,970, your actual cost may be higher or lower than that. There are several factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. That’s why it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Warrensburg, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels in cash is too expensive, solar loans are a popular option because they cut back your upfront costs and let you pay for your system over a term of, on average, between five and seven years.When estimating your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The last significant cost factor you should take into consideration is the installer you choose. Given the booming popularity of sustainable energy solutions in Warrensburg, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.You may see national solar installers that have lower prices because of their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $11,750 | 13.9 years |
| 8 kW | $3.44 | $19,249 | $16,044 | 13.6 years |
| 10 kW | $3.37 | $23,590 | $20,527 | 13.4 years |
| 12 kW | $3.30 | $27,742 | $25,198 | 13.1 years |
| 14 kW | $3.24 | $31,705 | $30,059 | 12.8 years |
| 16 kW | $3.17 | $35,479 | $35,107 | 12.6 years |
| 18 kW | $3.10 | $39,065 | $40,345 | 12.3 years |
| 20 kW | $3.03 | $42,462 | $45,772 | 12.0 years |
How to Save on Solar Panels
Since the type of solar panels and the company you choose considerably influences your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: An all-inclusive, long-term warranty can help keep your solar panel system running smoothly and save you money on part replacement and repairs.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years likely offer good-quality solar panel installation and expertise.
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 Warrensburg, MO Solar Cost FAQs
What is the average cost of installing solar panels in Warrensburg?
The average cost of solar panels in Warrensburg 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 stuff like the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider apart from cost when buying solar panels?
The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In places 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.
How much can I save on energy bills after installing solar panels?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Warrensburg, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Warrensburg?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger 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.