Solar Panel Cost Guide in Belgrade, MT (2025 Update)
- Belgrade Solar Installation Cost: $40,301
- 25-Year Savings: $23,455
- Payback Period: 19.0 Years
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Average Cost of Solar Panels in Belgrade
We go over average solar pricing in Belgrade.
The national average cost of solar panels is $2.66 per watt, but in Belgrade it’s 3 per watt.Using this figure, a typical 16.6-kW system would cost about $40,301 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy needs, the type of solar panels you choose, your solar contractor and more.Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Belgrade can save around $13,000 on their electricity bills over 20 years.
Click the button below to get connected to a top solar installer in your area for a customized quote.
Solar savings over time in Belgrade
| Year | Return on Investment |
|---|---|
| 1 years | $-39,029 |
| 3 years | $-36,484 |
| 5 years | $-33,938 |
| 7 years | $-31,393 |
| 9 years | $-28,848 |
| 11 years | $-26,303 |
| 13 years | $-23,758 |
| 15 years | $-21,213 |
| 17 years | $-18,668 |
| 19 years | $-16,123 |
| 21 years | $-13,577 |
| 23 years | $-11,032 |
| 25 years | $-8,487 |
Top Solar Installers in Belgrade
Many homeowners decide to hire a solar panel company since trying to put up solar panels by yourself can be a labor-intensive endeavor. The payback period on a solar system will vary depending on factors like your roof configuration and energy needs, but working with a solar installer can shorten that period. Your provider will be able to help you apply for incentives available in your area.
Working with a vetted solar company can make going solar easier. Here are our recommendations:
See all of the solar companies in Belgrade
Factors that Affect Solar Panel Costs in Belgrade
The cost of installing a solar system in Belgrade can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher 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 $3,470.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Belgrade, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Belgrade offer solar loans, which reduce your upfront costs of installing a solar system.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar company you pick will affect your total cost to go solar. Different companies will bill different amounts for the equipment and labor.You may see 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 promotions 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 | $3,993 | 19.8 years |
| 8 kW | $3.54 | $19,821 | $5,712 | 19.4 years |
| 10 kW | $3.47 | $24,290 | $7,626 | 19.0 years |
| 12 kW | $3.40 | $28,565 | $9,735 | 18.6 years |
| 14 kW | $3.33 | $32,646 | $12,037 | 18.3 years |
| 16 kW | $3.26 | $36,532 | $14,534 | 17.9 years |
| 18 kW | $3.19 | $40,224 | $17,225 | 17.5 years |
| 20 kW | $3.12 | $43,722 | $20,111 | 17.1 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose significantly influences your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years most likely offer good-quality solar panel installation and expertise.
- Warranty: If you’re worried about the endurance of your solar panels, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Solar Panel Brands: Each solar panel brand and model has 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.
EcoWatch's Belgrade, MT Solar Cost FAQs
How much does it cost to install solar panels in Belgrade?
This is a tough question to answer precisely, 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 be more expensive if you want other 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 opt for a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Belgrade?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Is it worth going solar in Belgrade?
Solar panels can be a beneficial investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already reasonably low, solar panels might not be for you.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.