Solar Panel Cost Guide in Anaconda, MT (2025 Update)
- Anaconda Solar Installation Cost: $40,450
- 25-Year Savings: $23,346
- Payback Period: 19.1 Years
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Average Cost of Solar Panels in Anaconda
Find out how much it might cost to go solar in Anaconda.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Anaconda, the average cost of a solar system is 3 per watt.Since a 16.7-kW system is needed to cover the energy consumption of a typical home in Anaconda, the average price of going solar will be about $40,450 after claiming the federal solar tax credit of 0.
These figures are just averages, and the cost of going solar for you will most likely differ based on your specific situation and what company you choose to go with.But, once you've paid the upfront cost of installation, the ROI for most homeowners is quite fruitful, with a net average savings of about $13,000 over 20 years on electricity bills.
To get a free quote from a vetted solar company in Anaconda, you can click the button below.
Solar savings over time in Anaconda
| Year | Return on Investment |
|---|---|
| 1 years | $-39,177 |
| 3 years | $-36,632 |
| 5 years | $-34,087 |
| 7 years | $-31,542 |
| 9 years | $-28,997 |
| 11 years | $-26,452 |
| 13 years | $-23,906 |
| 15 years | $-21,361 |
| 17 years | $-18,816 |
| 19 years | $-16,271 |
| 21 years | $-13,726 |
| 23 years | $-11,181 |
| 25 years | $-8,636 |
Top Solar Installers in Anaconda
Many homeowners opt for a solar panel installer since trying to install solar panels on your own can be a labor-intensive endeavor. Since solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
If you're looking for a solar installer in Anaconda, we've organized a list of our top suggestions here:
See all of the solar companies in Anaconda
Factors that Affect Solar Panel Costs in Anaconda
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that determine your overall cost in Anaconda: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to spend about $3,470 per kilowatt in Anaconda.There are several different solar panel brands and the one you pick also affects the cost. Usually, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Anaconda offer solar loans, which reduce the initial cost of installing solar panels.When figuring out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Anaconda is the company you get to install your PV system. As with choosing a company to build a deck or pool, for instance, there are plenty of solar installers that provide a range of services for different budgets.You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.61 | $15,157 | $3,923 | 19.9 years |
| 8 kW | $3.54 | $19,821 | $5,619 | 19.5 years |
| 10 kW | $3.47 | $24,290 | $7,509 | 19.1 years |
| 12 kW | $3.40 | $28,565 | $9,594 | 18.7 years |
| 14 kW | $3.33 | $32,646 | $11,873 | 18.3 years |
| 16 kW | $3.26 | $36,532 | $14,346 | 18.0 years |
| 18 kW | $3.19 | $40,224 | $17,014 | 17.6 years |
| 20 kW | $3.12 | $43,722 | $19,876 | 17.2 years |
How to Save on Solar Panels
The solar installer you choose will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, such as:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to get the job done well. Another way you can check your installer’s reputation is by reading reviews.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project completion timeline.
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Different companies will offer different brands and types of panels. If you want a specific brand, make sure the solar panel company you’re considering has it.
EcoWatch's Anaconda, MT Solar Cost FAQs
How much does it cost to install solar panels in Anaconda?
This is a tough question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $17,350 for a 5-kW system and $34,700 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
What other factors should I consider in addition to cost when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Anaconda?
Each state has some form 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 energy bills.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.