Solar Panel Cost Guide in South Sioux City, NE (2024 Update)
- South Sioux City Solar Installation Cost: $24,327
- 25-Year Savings: $22,638
- Payback Period: 14.5 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in South Sioux City
We break down average solar pricing in South Sioux City.
The national average cost of solar panels is $2.66 per watt, but in South Sioux City it’s 4 per watt.The average solar panel system size in South Sioux City is around 9.7 kilowatts, meaning a cost of about $24,327 for a solar installation, or $34,788 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average South Sioux City homeowner. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.Many homeowners find going solar is a solid investment. The average homeowner in South Sioux City can save around $16,000 on their electricity bills over 20 years.
Click the button below to get connected to a top solar panel company in your area for a customized quote.
Solar savings over time in South Sioux City
| Year | Return on Investment |
|---|---|
| 1 years | $-23,139 |
| 3 years | $-20,764 |
| 5 years | $-18,388 |
| 7 years | $-16,012 |
| 9 years | $-13,637 |
| 11 years | $-11,261 |
| 13 years | $-8,885 |
| 15 years | $-6,510 |
| 17 years | $-4,134 |
| 19 years | $-1,758 |
| 21 years | $617 |
| 23 years | $2,993 |
| 25 years | $5,369 |
Top Solar Installers in South Sioux City
When going solar, many homeowners opt to hire a solar company since DIY solar panel installation can be a difficult project. In addition, if you’d like to maximize your investment in solar power, using a solar installer can help with that too. Different providers can offer warranties, expertise on solar panel installation and sometimes even information on local incentives.
If you’d like to start using solar energy but still aren’t certain which solar panel company to go with, here are our recommendations for providers nearby:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 South Sioux City
Factors that Affect Solar Panel Costs in South Sioux City
There are many factors that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. That’s why it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like South Sioux City, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, 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
Most solar companies in South Sioux City have solar loans, which reduce the initial cost of installing solar panels.When estimating your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar panel installation company you select will influence your total cost to go solar. Different companies will bill different amounts for the equipment and labor.You may come across national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, 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 | $3.72 | $15,637 | $10,240 | 15.1 years |
| 8 kW | $3.65 | $20,449 | $14,055 | 14.8 years |
| 10 kW | $3.58 | $25,060 | $18,069 | 14.5 years |
| 12 kW | $3.51 | $29,471 | $22,285 | 14.2 years |
| 14 kW | $3.44 | $33,681 | $26,700 | 13.9 years |
| 16 kW | $3.37 | $37,690 | $31,317 | 13.7 years |
| 18 kW | $3.29 | $41,499 | $36,133 | 13.4 years |
| 20 kW | $3.22 | $45,108 | $41,151 | 13.1 years |
How to Save on Solar Panels
The solar company you choose will influence not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, including:
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Contract: It’s important to look over 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.
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can look into your installer’s reputation is by reading reviews.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 South Sioux City, NE Solar Cost FAQs
How much does it cost to install solar panels in South Sioux City?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $17,900 for a 5-kW system and $35,800 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 usage. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to keep in mind when buying solar panels?
The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
How will having solar panels impact how much my home is worth?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in South Sioux City is currently $302,419, so you can look forward to a value of about $12,399 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in South Sioux City is a rewarding investment.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.