Solar Panel Cost Guide in Grand Island, NE (Jun 2022)

  • Grand Island Solar Installation Cost: $19,392
  • 25-Year Savings: $18,991
  • Payback Period: 12.6 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 5/26/2022

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Average Cost of Solar Panels in Grand Island

See how much it might cost to install solar panels in Grand Island.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Grand Island, the average cost of a solar system is $3 per watt. Using this figure, a typical 9.3 would cost about $19,392 before the federal solar tax credit is applied.

These figures are just estimates, and how much solar costs for you will most likely differ based on the amount of energy your home requires and what company you want to go with. For many homeowners, the upfront investment in solar is worth paying. On average you could be looking at about $16,000 in savings on utility bills over 20 years.

Click the button below to get connected to a highly rated solar company in your area for a custom estimate.

Solar savings over time in Grand Island

Year Return on Investment
1 years $-17,857
3 years $-14,786
5 years $-11,716
7 years $-8,645
9 years $-5,574
11 years $-2,504
13 years $567
15 years $3,638
17 years $6,708
19 years $9,779
21 years $12,850
23 years $15,921
25 years $18,991

Top Solar Installers in Grand Island

Although you can install solar panels on your own, it takes extra effort and handiness. That's why most people choose to hire a solar panel installer. Also, if you'd like to maximize your investment in solar power, going with a solar company can help with that as well. Different providers can offer warranties, expertise on solar panel installation and sometimes even information on local incentives.

Working with a licensed solar installer can make going solar easier. Here are our recommendations:

Best National Provider

SunPower

5.0

  • Pros iconMost efficient panels on the market
  • Pros iconNational coverage
  • Pros iconCradle to Cradle sustainability certification
  • Pros iconGreat warranty coverage
  • Con iconExpensive
  • Con iconCustomer service varies by local dealer

Best Technology

Tesla Energy

4.5

  • Pros iconPrice-match guarantee
  • Pros iconSleek, efficient, and durable solar panels
  • Pros iconBest solar battery on the market
  • Con iconSome reported issues with customer service
  • Con iconCustomer service varies by local dealer

Best Warranty Coverage

Sunpro Solar

4.0

  • Pros iconIndustry-leading warranty coverage
  • Pros iconExpansive service area
  • Con iconSome reported communication issues
  • Con iconNo leases or PPAs

See all of the solar companies in Grand Island

Factors that Affect Solar Panel Costs in Grand Island

For many Grand Island homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Grand Island, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you'll pay, which we'll go over below.

Solar Equipment Size

When it comes to estimating the price of solar panels in Grand Island, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy consumption, which you can figure out by looking at past power bills. Your overall cost can increase by about $2,830 for each additional kilowatt you need. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Grand Island, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Most solar installers in Grand Island have solar loans, which reduce your upfront costs of installing solar panels. When considering your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying a higher down payment can lower the total interest paid over time.

Solar Panel Installation Company

The last significant cost factor you should keep in mind is the installer you choose. Given the booming popularity of sustainable energy solutions in Grand Island, you'll have lots of options to choose from, but each comes at various price points for labor and equipment. Larger national companies typically have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.

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 $13,068 $11,812 13.1 years
8 kW $2.89 $17,089 $16,085 12.9 years
10 kW $2.83 $20,942 $20,525 12.6 years
12 kW $2.77 $24,628 $25,132 12.4 years
14 kW $2.72 $28,146 $29,907 12.1 years
16 kW $2.66 $31,497 $34,850 11.9 years
18 kW $2.60 $34,680 $39,960 11.6 years
20 kW $2.55 $37,696 $45,238 11.4 years

Solar Incentives in Grand Island

Name Sales and Use Tax Exemption for Community Renewable Energy Projects
Incentive Amount 100% exemption
More Info Click here

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

Name Local Option - Property-Assessed Clean Energy Financing
Website Visit here
More Info Click here

Name Dollar and Energy Savings Loans
Website Visit here
More Info Click here

How to Save on Solar Panels

There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:

  • Solar Panel Brands: The kind of solar panel you want plays a role in which installer you should choose, since different companies offer different panels.
  • Warranty: Warranties that provide coverage for panel repairs and maintenance over around 25 years are the gold standard in the business, and offering that kind of warranty is one sign of a good company.
  • Installation Process: When going solar, it's crucial to maintain an open line of communication with your solar panel installer. See to it that you understand how the installation process works and the project completion timeline.
  • 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 most likely have a solid reputation and are qualified to install your solar system. Another way you can verify your installer's reputation is by reading reviews.

Best National Provider

SunPower

5.0

  • Pros iconMost efficient panels on the market
  • Pros iconNational coverage
  • Pros iconCradle to Cradle sustainability certification
  • Pros iconGreat warranty coverage
  • Con iconExpensive
  • Con iconCustomer service varies by local dealer

Best Technology

Tesla Energy

4.5

  • Pros iconPrice-match guarantee
  • Pros iconSleek, efficient, and durable solar panels
  • Pros iconBest solar battery on the market
  • Con iconSome reported issues with customer service
  • Con iconCustomer service varies by local dealer

Best Warranty Coverage

Sunpro Solar

4.0

  • Pros iconIndustry-leading warranty coverage
  • Pros iconExpansive service area
  • Con iconSome reported communication issues
  • Con iconNo leases or PPAs

EcoWatch's Grand Island, NE Solar Cost FAQs

What is the average cost of installing solar panels in Grand Island?

The average cost of solar panels in Grand Island 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 things like the type of solar panels you want, what size system you need and how much energy you use.

Are solar panels free in Grand Island?

A solar panel system isn't free in Grand Island, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.

Is making the switch to solar worth it?

Solar panels can be a great investment for a majority 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 fairly low, solar panels might not be for you.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to cover their typical energy usage.

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.

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