Solar Panel Cost Guide in Jenks, PA (2024 Update)
- Jenks Solar Installation Cost: $17,899
- 25-Year Savings: $13,885
- Payback Period: 16.7 Years
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Average Cost of Solar Panels in Jenks
We break down average solar pricing in Jenks.
The average cost of a solar panel system in Jenks is 4 per watt.The average Jenks homeowner needs a 7.2-kilowatt system, which would cost about $17,899 with the federal tax credit, or $25,596 before the 0 tax credit is applied.
How much you pay can be above or below the average in Jenks depending on several factors, such as the brand of solar panels you choose and the solar company you hire.For most homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $15,000 in savings on energy bills over 20 years.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Jenks
| Year | Return on Investment |
|---|---|
| 1 years | $-16,422 |
| 3 years | $-13,467 |
| 5 years | $-10,512 |
| 7 years | $-7,557 |
| 9 years | $-4,602 |
| 11 years | $-1,647 |
| 13 years | $1,308 |
| 15 years | $4,263 |
| 17 years | $7,218 |
| 19 years | $10,173 |
| 21 years | $13,128 |
| 23 years | $16,083 |
| 25 years | $19,038 |
Top Solar Installers in Jenks
Many homeowners opt for a solar panel installer since installing solar panels by yourself can be a lot of work. Another good thing about going with a top solar installer is that it'll likely provide warranties and free repairs, which help protect your solar investment.
If you're searching for a solar installer in Jenks, we've compiled a list of our top suggestions here:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Jenks
Factors that Affect Solar Panel Costs in Jenks
For many Jenks homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Jenks, with typical prices between $20,000 to $40,000. There are a few factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,550.There are several different solar panel brands and the one you choose also affects the cost. In general, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are offered by most installers in Jenks, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you hire to install your solar system can play a role in determining the cost. Jenks’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle 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 | $3.69 | $15,506 | $6,770 | 17.4 years |
| 8 kW | $3.62 | $20,278 | $9,424 | 17.1 years |
| 10 kW | $3.55 | $24,850 | $12,277 | 16.7 years |
| 12 kW | $3.48 | $29,224 | $15,329 | 16.4 years |
| 14 kW | $3.41 | $33,398 | $18,579 | 16.1 years |
| 16 kW | $3.34 | $37,374 | $22,029 | 15.7 years |
| 18 kW | $3.27 | $41,152 | $25,677 | 15.4 years |
| 20 kW | $3.19 | $44,730 | $29,524 | 15.1 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Reputation: Well-established companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Contract: Before signing a contract with a solar installer, make sure to read it through fully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
- Solar Panel Brands: Different companies will have various brands and models of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
- Warranty: A comprehensive, long-term warranty can help keep your solar system running for a long time and save you money on repairs and maintenance.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Jenks, PA Solar Cost FAQs
How much does it cost to install solar panels in Jenks?
The average cost of solar panels in Jenks is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the actual cost will depend on things like the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to keep in mind when buying solar panels?
The initial cost is a very important factor to consider, but whether it’s the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
How much can I save on power bills after installing solar panels?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Jenks, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
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.