Solar Panel Cost Guide in Warrenton, MO (2023 Update)
- Warrenton Solar Installation Cost: $13,087
- 25-Year Savings: $16,199
- Payback Period: 11.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Warrenton
Let's have a look at the average cost of solar in Warrenton.
The average cost of solar panels in Warrenton is 2.59 per watt. The average solar panel system size in Warrenton is around 7.2 kilowatts, meaning a cost of about $13,090 for a solar installation, or $18,719 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar may look quite different based on your household energy needs, the type of equipment you want to get, your solar contractor and more. Many homeowners find installing a solar system is a rewarding investment. The average homeowner in Warrenton can save about $15,000 on their energy bills over 20 years.
To get a free quote from a highly rated solar installation company in Warrenton, you can click the button below.
Solar savings over time in Warrenton
| Year | Return on Investment |
|---|---|
| 1 years | $-12,990 |
| 3 years | $-12,794 |
| 5 years | $-12,599 |
| 7 years | $-12,404 |
| 9 years | $-12,209 |
| 11 years | $-12,013 |
| 13 years | $-11,818 |
| 15 years | $-11,623 |
| 17 years | $-11,428 |
| 19 years | $-11,232 |
| 21 years | $-11,037 |
| 23 years | $-10,842 |
| 25 years | $-10,647 |
Top Solar Installers in Warrenton
When going solar, many homeowners decide to hire a solar installation company since DIY solar panel installation can be a time-consuming project. Plus, if you're not certain what kind of solar panels and equipment you need, a solar installer can help you find the right equipment for you after a site survey and consultation.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some near you:
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 Warrenton
Factors that Affect Solar Panel Costs in Warrenton
For many Warrenton homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Warrenton, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,590. The brand and type of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are an affordable route because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years. While solar loans make adopting solar energy more accessible for Warrenton homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panels can affect the cost. Warrenton's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional 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 | $13,029 | 11.6 years |
| 8 kW | $2.64 | $14,794 | $17,662 | 11.4 years |
| 10 kW | $2.59 | $18,130 | $22,440 | 11.2 years |
| 12 kW | $2.54 | $21,321 | $27,363 | 10.9 years |
| 14 kW | $2.49 | $24,367 | $32,432 | 10.7 years |
| 16 kW | $2.43 | $27,268 | $37,645 | 10.5 years |
| 18 kW | $2.38 | $30,023 | $43,003 | 10.3 years |
| 20 kW | $2.33 | $32,634 | $48,506 | 10.1 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 models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Contract: Though reading through a contract can take a lot of time, it's important to do it carefully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Although there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to take a look at their list of offerings before making your decision.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- 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.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Warrenton, MO Solar Cost FAQs
How much does it cost to install solar panels in Warrenton?
The average cost of solar panels in Warrenton is about $12,950 for a 5-kW system and $25,900 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as 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?
The upfront 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 consider are the quality and durability of your solar panels.
How will installing solar panels impact my property value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Warrenton is currently $166,554, so you can look forward to a value of about $6,829 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Warrenton is a rewarding investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
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.