Solar Panel Cost Guide in Weldon Spring, MO (2023 Update)
- Weldon Spring Solar Installation Cost: $13,116
- 25-Year Savings: $16,170
- Payback Period: 11.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Weldon Spring
Find out how much it might cost to go solar in Weldon Spring.
The national average cost of solar panels is $2.66 per watt, but in Weldon Spring it's 2.59 per watt. The average Weldon Spring homeowner needs a 7.2-kilowatt system, which would cost about $13,108 with the federal tax credit, or $18,744 before the 30% tax credit is applied.
Remember that the numbers above are only averages. The price you'll pay for solar may look quite different based on your household energy consumption, the type of solar system you want, your solar contractor and more. But, after you've paid the initial cost of installation, the return on investment for most homeowners is quite fruitful, with a net average savings of about $15,000 over 20 years on utility bills.
You can click the button below to get connected with a vetted solar company in Weldon Spring for a quote for your home.
Solar savings over time in Weldon Spring
| Year | Return on Investment |
|---|---|
| 1 years | $-11,826 |
| 3 years | $-9,244 |
| 5 years | $-6,663 |
| 7 years | $-4,082 |
| 9 years | $-1,501 |
| 11 years | $1,080 |
| 13 years | $3,661 |
| 15 years | $6,242 |
| 17 years | $8,824 |
| 19 years | $11,405 |
| 21 years | $13,986 |
| 23 years | $16,567 |
| 25 years | $19,148 |
Top Solar Installers in Weldon Spring
Although you can install solar panels on your own, it requires extra labor and knowledge. Because of that, the majority of homeowners choose to go with a solar panel installer. The expertise that solar installers offer can be helpful as well, especially if you don't quite know what brand of solar equipment you need.
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 Weldon Spring
Factors that Affect Solar Panel Costs in Weldon Spring
Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that affect your total cost in Weldon Spring: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,590. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Weldon Spring, where sunlight is relatively abundant, efficiency can quickly pay off. Also, 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
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are offered by most installers in Weldon Spring, which can lower, or in some cases completely eliminate, your upfront costs to make solar more accessible. Although solar loans make adopting solar energy more accessible for Weldon Spring 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
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Weldon Spring is the company you get to install your solar panel system. As with choosing a company to install new cabinets, for example, you'll have many options for solar installers that provide a range of services for different budgets. Larger national companies usually have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle 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 | $12,975 | 11.6 years |
| 8 kW | $2.64 | $14,794 | $17,591 | 11.4 years |
| 10 kW | $2.59 | $18,130 | $22,351 | 11.2 years |
| 12 kW | $2.54 | $21,321 | $27,256 | 11.0 years |
| 14 kW | $2.49 | $24,367 | $32,307 | 10.7 years |
| 16 kW | $2.43 | $27,268 | $37,502 | 10.5 years |
| 18 kW | $2.38 | $30,023 | $42,842 | 10.3 years |
| 20 kW | $2.33 | $32,634 | $48,328 | 10.1 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
- Reputation: Your solar installer should have a sound reputation as a company and have proven 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.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: 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 what services your solar company will provide and how part repairs and replacements will be handled.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Weldon Spring, MO Solar Cost FAQs
What is the average cost of installing solar panels in Weldon Spring?
This is a difficult question to answer exactly, because the cost depends on a variety of 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 other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and the amount of direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know 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 household 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.