Solar Panel Cost Guide in Evansdale, IA (2024 Update)
- Evansdale Solar Installation Cost: $27,365
- 25-Year Savings: $18,857
- Payback Period: 18.1 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 Evansdale
Find out what the average cost of solar panels are in Evansdale.
The national average cost of solar panels is $2.66 per watt, but in Evansdale it’s 4 per watt.The average solar panel system size in Evansdale is around 9.7 kilowatts, meaning a cost of about $27,365 for a solar installation, or $39,132 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The actual cost of installing solar panels can vary quite a bit based on multiple factors, such as how many panels you need, your energy usage and what company you go with.Even with the high initial cost, the average Evansdale homeowner can save around $15,000 on their energy bills over 20 years, which is one of the benefits of solar.
Click the button below to get connected to a top solar company in your area for a custom quote.
Solar savings over time in Evansdale
| Year | Return on Investment |
|---|---|
| 1 years | $-26,297 |
| 3 years | $-24,161 |
| 5 years | $-22,026 |
| 7 years | $-19,890 |
| 9 years | $-17,754 |
| 11 years | $-15,618 |
| 13 years | $-13,482 |
| 15 years | $-11,347 |
| 17 years | $-9,211 |
| 19 years | $-7,075 |
| 21 years | $-4,939 |
| 23 years | $-2,804 |
| 25 years | $-668 |
Top Solar Installers in Evansdale
When making the switch to solar, many homeowners prefer to hire a solar installer since putting up a solar system yourself can be a difficult project. Solar companies provide key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
If you're on the hunt for a solar installer in Evansdale, the EcoWatch team has organized a list of our top suggestions here:
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 Evansdale
Factors that Affect Solar Panel Costs in Evansdale
For many Evansdale homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Evansdale, 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
When it comes to estimating the cost of a solar energy system in Evansdale, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy usage, which you can determine by looking at past energy bills. Your overall cost can increase by about $4,010 for each additional kilowatt you need.The kind of solar panels and equipment you choose is another factor that will substantially affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
Most solar companies in Evansdale provide solar loans, which reduce the initial cost of installing solar panels.When figuring out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you get to install your solar system can influence the cost. Evansdale’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Evansdale know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $4.17 | $17,516 | $5,724 | 18.8 years |
| 8 kW | $4.09 | $22,905 | $8,081 | 18.5 years |
| 10 kW | $4.01 | $28,070 | $10,662 | 18.1 years |
| 12 kW | $3.93 | $33,010 | $13,469 | 17.8 years |
| 14 kW | $3.85 | $37,726 | $16,499 | 17.4 years |
| 16 kW | $3.77 | $42,217 | $19,755 | 17.0 years |
| 18 kW | $3.69 | $46,484 | $23,234 | 16.7 years |
| 20 kW | $3.61 | $50,526 | $26,939 | 16.3 years |
How to Save on Solar Panels
The solar panel company you go with will affect not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, including:
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running for years to come and save you money on repairs and maintenance.
- Installation Process: When going solar, it’s crucial to keep an open line of communication with your solar installer. See to it that you understand how the installation process will go and the completion timeline.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you choose.
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 Evansdale, IA Solar Cost FAQs
How much does it cost to install solar panels in Evansdale?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $20,050 for a 5-kW system and $40,100 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Evansdale?
You can’t get solar panels for free in Evansdale. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
How much can I save on power bills after switching to solar?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Evansdale, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power 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 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 install between 20 and 35 panels to account for 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.