Solar Panel Cost Guide in Falls City, NE (Mar 2023)
- Falls City Solar Installation Cost: $18,582
- 25-Year Savings: $18,082
- Payback Period: 12.7 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Falls City
Here's how much it might cost to make the switch to solar in Falls City.
The national average cost of solar panels is $2.66 per watt, but in Falls City it's 2.83 per watt. To account for the typical energy usage of the average home in Falls City, most homeowners require a 9.4-kilowatt system. Using the per-watt figure above, a solar installation costs around $18,582, or $26,572 before the federal solar tax credit of 30% is applied.
The actual price you pay can go above or below the average in Falls City depending on several factors, such as the kind of solar panels you choose and the solar company you hire. Despite the high initial cost, the average Falls City homeowner can save around $15,000 on their power bills over 20 years, which is one of the perks of solar.
Click the button below to get connected to a reputable solar panel company in your area for a personalized estimate.
Solar savings over time in Falls City
| Year | Return on Investment |
|---|---|
| 1 years | $-17,115 |
| 3 years | $-14,182 |
| 5 years | $-11,249 |
| 7 years | $-8,316 |
| 9 years | $-5,383 |
| 11 years | $-2,450 |
| 13 years | $484 |
| 15 years | $3,417 |
| 17 years | $6,350 |
| 19 years | $9,283 |
| 21 years | $12,216 |
| 23 years | $15,149 |
| 25 years | $18,082 |
Top Solar Installers in Falls City
Many homeowners choose to use a solar panel company since trying to put up solar panels yourself can be hard. Companies can also have access to various kinds of the best solar panels and help you choose which one will be best for your home.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some in Falls City:
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 Falls City
Factors that Affect Solar Panel Costs in Falls City
Cost is typically one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that affect your total cost in Falls City: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
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. For that reason, it's crucial to accurately gauge 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 get is another factor that will considerably influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Plus, solar equipment goes beyond just the solar panels themselves. You'll also need to decide on 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 into a solar system that's in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Falls City to be prohibitively steep, even if the investment pays off over time. Fortunately, almost every solar company in the area provides financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also result in a higher cost over time due to interest. While solar loans make adopting solar energy more accessible for Falls City homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Lastly, the company you get to install your solar panel system can impact how much you pay. Falls City's solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and choose a company that provides the products, warranties and services you're looking for and also is within your budget.
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 | $11,081 | 13.2 years |
| 8 kW | $2.89 | $16,165 | $15,092 | 12.9 years |
| 10 kW | $2.83 | $19,810 | $19,261 | 12.7 years |
| 12 kW | $2.77 | $23,297 | $23,588 | 12.4 years |
| 14 kW | $2.72 | $26,625 | $28,074 | 12.2 years |
| 16 kW | $2.66 | $29,794 | $32,719 | 11.9 years |
| 18 kW | $2.60 | $32,805 | $37,522 | 11.7 years |
| 20 kW | $2.55 | $35,658 | $42,483 | 11.4 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Different companies have different brands and types of panels. If you want a specific brand, make sure the solar panel installer you're considering has it.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Contract: Review the contract terms closely to make sure you understand how much it will cost, project timeline incentives and warranties.
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 Falls City, NE Solar Cost FAQs
How much does it cost to install solar panels in Falls City?
The average cost of solar panels in Falls City is about $14,150 for a 5-kW system and $28,300 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Falls City have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future energy bills.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home 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.
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.