Solar Panel Cost Guide in Warrensburg, MO (Mar 2023)
- Warrensburg Solar Installation Cost: $13,035
- 25-Year Savings: $18,702
- Payback Period: 10.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Warrensburg
We break down average solar pricing in Warrensburg.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Warrensburg, the typical cost of solar panels is 2.59 per watt. To account for the typical energy usage of the average home in Warrensburg, most homeowners require a 7.2-kilowatt system. Using the per-watt figure above, a solar installation costs around $13,035, or $18,640 before the federal solar tax credit of 30% is applied.
These figures are just estimates, and how much solar costs for you will vary based on your specific situation and what company you go with. But, after you've paid the initial cost of installation, the return on investment for most homeowners is typically fruitful, with a net average savings of about $17,000 over 20 years on utility bills.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Warrensburg
| Year | Return on Investment |
|---|---|
| 1 years | $-11,766 |
| 3 years | $-9,227 |
| 5 years | $-6,688 |
| 7 years | $-4,149 |
| 9 years | $-1,610 |
| 11 years | $929 |
| 13 years | $3,468 |
| 15 years | $6,007 |
| 17 years | $8,546 |
| 19 years | $11,085 |
| 21 years | $13,624 |
| 23 years | $16,163 |
| 25 years | $18,702 |
Top Solar Installers in Warrensburg
DIY solar panel installation is a possibility, but it's an undertaking that can be a headache. Hiring a solar company can make swapping over to solar power much easier. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long term because of their warranties, repair services and expert design.
Working with a professional solar installer can help you make the most of your investment in solar. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 depends on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The size of the solar panel system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,590. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher 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 you don't have a lot of 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
Many homeowners find the average cost of solar in Warrensburg to be too costly, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides access to financing options. Solar loans drastically decrease upfront costs in most cases, but they also lead to paying more over time because of interest. Though solar loans make going solar more accessible for Warrensburg homeowners, they can also add to 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
Lastly, the company you opt for to install your solar panel system can influence the cost. Warrensburg's solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and find a company that offers 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 | $2.69 | $11,313 | $15,157 | 10.7 years |
| 8 kW | $2.64 | $14,794 | $20,499 | 10.5 years |
| 10 kW | $2.59 | $18,130 | $25,987 | 10.3 years |
| 12 kW | $2.54 | $21,321 | $31,619 | 10.1 years |
| 14 kW | $2.49 | $24,367 | $37,397 | 9.9 years |
| 16 kW | $2.43 | $27,268 | $43,319 | 9.7 years |
| 18 kW | $2.38 | $30,023 | $49,387 | 9.5 years |
| 20 kW | $2.33 | $32,634 | $55,600 | 9.2 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: The model of solar panel you need to install plays a role in which company you should choose, since different companies have different panels.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years likely offer good-quality solar panel installation and expertise.
- Contract: Even though reading through a contract can take a lot of time, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar company, such as what permits you should acquire and what the project timeline is.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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
How much does it cost to install solar panels in Warrensburg?
This is a difficult question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $12,950 for a 5-kW system and $25,900 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra 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 expensive solar panels.
Is cost the most important thing to consider when buying solar panels?
Cost is a crucial factor to consider, but whether it's the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Is it worth going solar in Warrensburg?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How many solar panels should I get to power my home?
To figure out what solar panel system size 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 typically 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.