Solar Panel Cost Guide in Warrensburg, MO (2023 Update)
- Warrensburg Solar Installation Cost: $13,043
- 25-Year Savings: $18,695
- Payback Period: 10.3 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Warrensburg
Find out what the average cost of solar panel installation is 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 2.59 per watt. The average Warrensburg homeowner needs a 7.2-kilowatt system, which would cost about $13,035 with the federal tax credit, or $18,640 before the 30% tax credit is applied.
The true cost of your system can go higher or lower than the average in Warrensburg based on a few factors, such as the brand of solar panels you choose and the solar contractor you hire. With average savings of about $17,000 on power bills over 20 years, many homeowners in Warrensburg find installing solar panels has a decent ROI.
For a customized 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 | $-12,937 |
| 3 years | $-12,725 |
| 5 years | $-12,514 |
| 7 years | $-12,302 |
| 9 years | $-12,090 |
| 11 years | $-11,879 |
| 13 years | $-11,667 |
| 15 years | $-11,456 |
| 17 years | $-11,244 |
| 19 years | $-11,032 |
| 21 years | $-10,821 |
| 23 years | $-10,609 |
| 25 years | $-10,398 |
Top Solar Installers in Warrensburg
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Hiring a solar panel installer can make swapping over to solar power much easier. Companies can also offer access to various kinds of the best solar panels and help you pick which one will be best for you.
Working with a professional solar company can help your solar project go smoothly. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 $13,035, your final cost may be above or below the average. There are quite a few factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
Solar 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 assess the size of the solar energy system needed for your home by figuring out your energy needs. There are many different solar panel brands and the one you choose also changes the cost. Generally speaking, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Warrensburg to be prohibitively expensive, even if the investment pays off over time. Thankfully, nearly every solar installer in the area offers financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in a higher cost over time due to interest. It's wise to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
Finally, the company you get to install your solar panels can influence how much it costs. Warrensburg's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies typically have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.
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 select the right company for you, here are some tips to keep in mind:
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years in most cases provide quality solar panel installation and expertise.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
- Installation Process: Make sure you're on the same page with the company regarding how the installation process will go and what you need to do before your solar panels are installed, such as updating your electrical system or roof.
- Contract: When reading through 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 such as a system component breaking or the company going out of business.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 $12,950 for a 5-kW system and $25,900 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 consume.
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.