Solar Panel Cost Guide in Weldon Spring, MO (Mar 2023)
- Weldon Spring Solar Installation Cost: $13,108
- 25-Year Savings: $16,178
- Payback Period: 11.2 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated March 14, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Weldon Spring
Find out what the average cost of solar panels are 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 solar panel system size in Weldon Spring is around 7.2 kilowatts, meaning a cost of about $13,108 for a solar installation, or $18,744 before the 30% federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Weldon Spring homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. Despite the high upfront cost, the average Weldon Spring homeowner can save about $15,000 on their electricity bills over 20 years, which is one of the perks of solar.
To receive a free estimate from a top solar installer in Weldon Spring, you can click the button below.
Solar savings over time in Weldon Spring
| Year | Return on Investment |
|---|---|
| 1 years | $-11,937 |
| 3 years | $-9,594 |
| 5 years | $-7,251 |
| 7 years | $-4,908 |
| 9 years | $-2,565 |
| 11 years | $-222 |
| 13 years | $2,121 |
| 15 years | $4,464 |
| 17 years | $6,806 |
| 19 years | $9,149 |
| 21 years | $11,492 |
| 23 years | $13,835 |
| 25 years | $16,178 |
Top Solar Installers in Weldon Spring
Installing solar panels by yourself can be a stressful task, which is why hiring a solar installer is a good option for many homeowners. The expertise that solar installers provide can be useful as well, particularly if you don't quite know what kind of solar equipment you need.
If you'd like to switch to solar energy but still aren't certain which solar installer to go with, here are our suggestions for providers in Weldon Spring:
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 Weldon Spring
Factors that Affect Solar Panel Costs in Weldon Spring
There are several factors that can influence your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. Because of that, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. The type of solar panels and equipment you choose is another factor that will substantially affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment is more than just the solar panels themselves. You'll also need to make decisions about 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's in your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are offered by most installers in Weldon Spring, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable. It's a good idea to factor 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 the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The solar panel installation company you choose will play a role in your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor. Additionally, some companies in Weldon Spring have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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
Since the brand of solar panels and the installer you choose significantly influences your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running smoothly and save you money on repairs and maintenance.
- Solar Panel Brands: Different companies have different brands and models of panels. If you know you want a specific brand, make sure the solar panel company you're considering has it.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases provide high-quality solar panel installation and expertise.
- Contract: Although reading through a contract can be tedious, it's important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
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 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 precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $12,950 for a 5-kW system and $25,900 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 needs. On the flip side, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Are solar panels free in Weldon Spring?
A solar panel system isn't free in Weldon Spring, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Does Weldon Spring have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future utility bills.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using them at a lower efficiency.
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.