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 average cost of solar panels 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 end up paying for solar will differ based on your household energy needs, the type of equipment you want to get, your solar contractor and more.For most homeowners, the upfront investment in solar is worth paying. On average Warrensburg homeowners see about $17,000 in savings on utility bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Warrensburg for a quote for your home.
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
When switching to solar energy, many homeowners prefer to hire a solar installation company since installing solar panels yourself can be a time-consuming project. Also, companies with a high reputation that cost more upfront could actually save you money in the long run with their warranties, repair services and expert design.
If you’d like to go solar but still aren’t sure which solar panel company to go with, here are our recommendations for providers near you:
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
The cost of installing a solar system in Warrensburg can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay around $3,370 per kilowatt in Warrensburg.The brand of solar panels and equipment you get is another factor that will largely affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that falls within your budget.
Solar Financing Terms
If paying for a solar system out of pocket 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.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The final significant cost factor you should keep in mind is the installer you choose. Given the booming popularity of renewable energy solutions in Warrensburg, you’ll have many options to choose from, but each comes at different price points for labor and equipment.Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and choose a company that provides the products, warranties and services you want 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 | $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
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Warranty: If you care about the durability of your solar panel system, ensuring your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: The model of solar panel you want plays a part in which company you should choose, since different companies provide different panels.
- Installation Process: When going solar, it’s crucial to maintain an open line of communication with your solar panel company. Confirm that you understand how the installation process will go and the completion timeline.
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
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?
This is a difficult question to answer precisely, because the cost depends on a few different 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 extra solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you want a smaller solar panel system or less efficient solar panels.
What other factors should I consider other than cost when buying solar panels?
The upfront cost is a key factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
How much can I save on energy bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $882.34 per year.
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 goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount 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.