Solar Panel Cost Guide in Four Corners, MT (2024 Update)
- Four Corners 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 Four Corners
Find out how much it might cost to make the switch to solar in Four Corners.
Although the national average of solar panels is $2.66 per watt, solar panels in Four Corners typically cost around 3.The average Four Corners homeowner needs a 16.6-kilowatt system, which would cost about $40,301 with the federal tax credit, or $57,630 before the 0 tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Four Corners homeowners. 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.But, after you've paid the upfront cost of installation, the ROI for most homeowners is usually fruitful, with a net average savings of about $13,000 over 20 years on energy bills.
To get a free estimate from a top solar installation company in Four Corners, you can click the button below.
Solar savings over time in Four Corners
| 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 Four Corners
When making the switch to solar, many homeowners opt to go with a solar installation company since putting up solar panels yourself can be a difficult project. Some solar installers, especially local ones, can help you take advantage of incentives in Four Corners, therefore optimizing your ROI.
If you're searching for a solar installer in Four Corners, we've put together a list of our top suggestions here:
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 Four Corners
Factors that Affect Solar Panel Costs in Four Corners
For many Four Corners homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Four Corners, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you’ll pay, which we'll go over 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 power your household consumes, the larger your system will likely need to be. You can expect to pay about $3,470 per kilowatt in Four Corners.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Four Corners, 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 more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are available from most installers in Four Corners, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panels can impact the cost. Four Corners’s solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk pricing, 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
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a challenge, we have some tips to help you, such as:
- Contract: It’s important to read your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to get the job done well. Another way you can research your installer’s reputation is by reading reviews.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you go with.
- Installation Process: Make sure you’re aligned with the company regarding how the installation process will go and what needs to be done before your solar system is installed, such as updating your electrical system or roof.
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 Four Corners, MT Solar Cost FAQs
How much does it cost to install solar panels in Four Corners?
This is a hard question to answer precisely, because the cost depends on a variety of factors. Broadly 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 additional solar equipment or higher quality panels, or if you have above-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration when buying solar panels?
Cost is a key factor to consider, but whether it’s the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Four Corners?
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 energy bills.
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 goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level 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.
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.