Solar Panel Cost Guide in Moses Lake North, WA (2024 Update)
- Moses Lake North Solar Installation Cost: $9,867
- 25-Year Savings: $11,426
- Payback Period: 13.2 Years
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Average Cost of Solar Panels in Moses Lake North
Find out how much it might cost to switch to solar power in Moses Lake North.
While the national average of solar panels is $2.66 per watt, solar panels in Moses Lake North generally cost about 4.The average Moses Lake North homeowner needs a 3.9-kilowatt system, which would cost about $9,867 with the federal tax credit, or $14,110 before the 0 tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Moses Lake North homeowner. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.Many homeowners find going solar is a rewarding investment. The average homeowner in Moses Lake North can save about $19,000 on their power bills over 20 years.
To get a free quote from a top solar installer in Moses Lake North, you can click the button below.
Solar savings over time in Moses Lake North
| Year | Return on Investment |
|---|---|
| 1 years | $-9,198 |
| 3 years | $-7,862 |
| 5 years | $-6,525 |
| 7 years | $-5,188 |
| 9 years | $-3,852 |
| 11 years | $-2,515 |
| 13 years | $-1,179 |
| 15 years | $158 |
| 17 years | $1,495 |
| 19 years | $2,831 |
| 21 years | $4,168 |
| 23 years | $5,505 |
| 25 years | $6,841 |
Top Solar Installers in Moses Lake North
Although you can install solar panels yourself, it takes extra time and handiness. Because of that, most people choose a solar panel installer. Plus, if you’re unsure what brand of solar panels and equipment you want, a solar installer can help you figure that out after a site survey and consultation.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Moses Lake North
Factors that Affect Solar Panel Costs in Moses Lake North
There are many criteria that can influence your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,590.The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your energy bills. In addition, extra products, such as solar batteries, can bring your total well above the Moses Lake North average.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are offered by most installers in Moses Lake North, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The remaining significant cost factor you should consider is the installer you choose. Given the booming popularity of clean energy solutions in Moses Lake North, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.Larger national companies typically have lower costs, but some local companies undercut 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 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 | $3.73 | $15,681 | $12,958 | 13.7 years |
| 8 kW | $3.66 | $20,506 | $17,680 | 13.4 years |
| 10 kW | $3.59 | $25,130 | $22,602 | 13.2 years |
| 12 kW | $3.52 | $29,553 | $27,726 | 12.9 years |
| 14 kW | $3.45 | $33,775 | $33,051 | 12.6 years |
| 16 kW | $3.37 | $37,796 | $38,576 | 12.4 years |
| 18 kW | $3.30 | $41,615 | $44,303 | 12.1 years |
| 20 kW | $3.23 | $45,234 | $50,231 | 11.8 years |
How to Save on Solar Panels
The solar company you go with will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should consider, including:
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should acquire and what the project timeline is.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- 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.
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 Moses Lake North, WA Solar Cost FAQs
How much does it cost to install solar panels in Moses Lake North?
The average cost of solar panels in Moses Lake North is about $17,950 for a 5-kW system and $35,900 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to think about when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
How will solar panels impact how much my home is worth?
Solar panels can increase your home value remarkably as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
What solar power system size is right for my home?
To figure out what solar panel system size 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 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.