Solar Panel Cost Guide in Huron, SD (2023 Update)
- Huron Solar Installation Cost: $14,550
- 25-Year Savings: $28,386
- Payback Period: 8.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Huron
Here's how much it might cost to go solar in Huron.
While the national average of solar panels is $2.66 per watt, solar panels in Huron typically cost about 2.39. To cover the typical energy usage of the average home in Huron, most homeowners require a 8.7-kilowatt system. Using the per-watt figure above, a solar installation costs around $14,555, or $20,814 before the federal solar tax credit of 30% is applied.
How much you pay can go higher or lower than the average in Huron based on a few factors, such as the model of solar panels you choose and the solar installer you hire. With typical savings of about $19,000 on electricity bills over 20 years, many homeowners in Huron find investing in solar can be quite rewarding.
You can click the button below to get connected with a top solar installer in Huron for a quote for your home.
Solar savings over time in Huron
| Year | Return on Investment |
|---|---|
| 1 years | $-14,407 |
| 3 years | $-14,121 |
| 5 years | $-13,835 |
| 7 years | $-13,548 |
| 9 years | $-13,262 |
| 11 years | $-12,976 |
| 13 years | $-12,690 |
| 15 years | $-12,403 |
| 17 years | $-12,117 |
| 19 years | $-11,831 |
| 21 years | $-11,545 |
| 23 years | $-11,258 |
| 25 years | $-10,972 |
Top Solar Installers in Huron
Many homeowners decide to hire a solar panel company since trying to put up solar panels yourself can be a lot of work. Plus, if you're not certain what kind of solar panels and equipment you want, a solar installer can help you figure that out after a site survey and consultation.
If you're on the hunt for a solar company in Huron, the EcoWatch team has compiled a list of our top suggestions here:
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 Huron
Factors that Affect Solar Panel Costs in Huron
The cost of installing a solar system in Huron can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to spend about $2,390 per kilowatt in Huron. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Huron, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, 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
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are available from most installers in Huron, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible. It's wise to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Huron is the company you get to install your PV system. Similar to choosing a company to install new cabinets, for instance, there are plenty of solar installers that offer a range of services for different budgets. The size of the company sometimes plays the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.49 | $10,440 | $19,182 | 8.8 years |
| 8 kW | $2.44 | $13,652 | $25,843 | 8.6 years |
| 10 kW | $2.39 | $16,730 | $32,639 | 8.5 years |
| 12 kW | $2.34 | $19,674 | $39,568 | 8.3 years |
| 14 kW | $2.29 | $22,485 | $46,631 | 8.1 years |
| 16 kW | $2.25 | $25,162 | $53,828 | 8.0 years |
| 18 kW | $2.20 | $27,705 | $61,159 | 7.8 years |
| 20 kW | $2.15 | $30,114 | $68,623 | 7.6 years |
How to Save on Solar Panels
The solar company you go with will influence not only your total costs, but also the kinds 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, such as:
- Solar Panel Brands: Different companies offer various brands and models of panels. If you want a specific brand, make sure the solar panel company you're considering has it.
- Contract: Review the contract terms thoroughly to make sure you understand how much it will cost, project timeline rebates and warranties.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
- Warranty: If you're concerned about the endurance of your solar energy system, checking if your company offers a 25-year, all-inclusive warranty can help put you at ease.
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 Huron, SD Solar Cost FAQs
What is the average cost of installing solar panels in Huron?
The average cost of solar panels in Huron is about $11,950 for a 5-kW system and $23,900 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Huron?
You can't get solar panels for free in Huron. 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 want to own your solar panels, you can finance them with a solar loan.
Can solar panels significantly reduce my power bills?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $987.37 per year.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.