Solar Panel Cost Guide in Crete, NE (Mar 2023)
- Crete Solar Installation Cost: $18,364
- 25-Year Savings: $19,894
- Payback Period: 12.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Crete
Here's how much it might cost to go solar in Crete.
The national average cost of solar panels is $2.66 per watt, but in Crete it's 2.83 per watt. Because a 9.3-kW system is needed to cover the energy usage of a typical home in Crete, the average price of going solar will be about $18,364 after claiming the federal solar tax credit of 30%.
These figures are just estimates, and the cost of going solar for you may vary based on factors unique to your home and what company you go with. With typical savings of about $16,000 on utility bills over 20 years, many homeowners in Crete find investing in solar has a decent ROI.
To get a free quote from a vetted solar company in Crete, you can click the button below.
Solar savings over time in Crete
| Year | Return on Investment |
|---|---|
| 1 years | $-16,834 |
| 3 years | $-13,773 |
| 5 years | $-10,712 |
| 7 years | $-7,652 |
| 9 years | $-4,591 |
| 11 years | $-1,531 |
| 13 years | $1,530 |
| 15 years | $4,591 |
| 17 years | $7,651 |
| 19 years | $10,712 |
| 21 years | $13,772 |
| 23 years | $16,833 |
| 25 years | $19,894 |
Top Solar Installers in Crete
Although it's possible to install solar panels by yourself, it takes extra effort and handiness. That's one of the reasons almost all homeowners choose to go with a solar panel installer. Plus, if you're unsure what brand of solar panels and equipment you may need, a solar company can help you find the right equipment for you after a site survey and consultation.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Crete
Factors that Affect Solar Panel Costs in Crete
For many Crete homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Crete, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay around $2,830 per kilowatt in Crete. The brand and type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are available from most installers in Crete, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible. However, the interest on solar loans also adds to your overall costs, so it's crucial to consider that as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to solar energy can play a role in your total costs. There are about 3 solar panel companies operating in Crete, and each can charge varying amounts for labor and equipment. You may see national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.94 | $12,361 | $12,409 | 12.5 years |
| 8 kW | $2.89 | $16,165 | $16,862 | 12.2 years |
| 10 kW | $2.83 | $19,810 | $21,474 | 12.0 years |
| 12 kW | $2.77 | $23,297 | $26,244 | 11.8 years |
| 14 kW | $2.72 | $26,625 | $31,172 | 11.5 years |
| 16 kW | $2.66 | $29,794 | $36,259 | 11.3 years |
| 18 kW | $2.60 | $32,805 | $41,505 | 11.0 years |
| 20 kW | $2.55 | $35,658 | $46,909 | 10.8 years |
How to Save on Solar Panels
There are numerous companies available in Crete, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: Each solar panel brand and kind 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: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like EcoWatch.
- Contract: Although reading through a contract can take a lot of time, it's important to do it carefully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the project timeline.
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Crete, NE Solar Cost FAQs
What is the average cost of installing solar panels in Crete?
The average cost of solar panels in Crete is about $14,150 for a 5-kW system and $28,300 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Crete?
You can't get solar panels for free in Crete. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
Is going solar worth it?
Solar panels can be a great 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 pretty 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 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.