Solar Panel Cost Guide in Fort Dodge, IA (2024 Update)
- Fort Dodge Solar Installation Cost: $27,029
- 25-Year Savings: $23,485
- Payback Period: 16.0 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Fort Dodge
Let’s have a look at the average cost of solar in Fort Dodge.
The average cost of a solar panel system in Fort Dodge is 4 per watt.The average solar panel system size in Fort Dodge is around 9.6 kilowatts, meaning a cost of about $27,029 for a solar installation, or $38,651 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of going solar can vary quite a bit depending on multiple factors, such as how many panels you need, your energy consumption and what company you go with.Many homeowners find installing solar panels is a rewarding investment. The average homeowner in Fort Dodge can save about $17,000 on their power bills over 20 years.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Fort Dodge
Year | Return on Investment |
---|---|
1 years | $-25,961 |
3 years | $-23,825 |
5 years | $-21,690 |
7 years | $-19,554 |
9 years | $-17,418 |
11 years | $-15,282 |
13 years | $-13,147 |
15 years | $-11,011 |
17 years | $-8,875 |
19 years | $-6,739 |
21 years | $-4,603 |
23 years | $-2,468 |
25 years | $-332 |
Top Solar Installers in Fort Dodge
When making the switch to solar, many homeowners opt to go with a solar installer since handling can be a time-consuming project. Companies can also provide access to quality options of the best solar panels and help you choose which one will be best for you.
Working with a licensed solar company can help you make the most of your investment in solar. Here are our recommendations:
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 Fort Dodge
Factors that Affect Solar Panel Costs in Fort Dodge
There are many factors that can play into your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $4,010. The kind of solar panels and equipment you choose is another factor that will considerably influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. Plus, solar equipment is more than just the solar panels themselves. You’ll also need to make decisions about 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’s in your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are offered by most installers in Fort Dodge, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.When estimating your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panel system can influence your pricing. Fort Dodge’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Fort Dodge have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. 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 | $8,752 | 16.7 years |
8 kW | $4.09 | $22,905 | $12,118 | 16.4 years |
10 kW | $4.01 | $28,070 | $15,709 | 16.0 years |
12 kW | $3.93 | $33,010 | $19,524 | 15.7 years |
14 kW | $3.85 | $37,726 | $23,564 | 15.4 years |
16 kW | $3.77 | $42,217 | $27,829 | 15.1 years |
18 kW | $3.69 | $46,484 | $32,318 | 14.7 years |
20 kW | $3.61 | $50,526 | $37,031 | 14.4 years |
How to Save on Solar Panels
There are many companies to choose from in Fort Dodge, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you should know with your solar company, such as what permits you should secure and how long the project will take.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
- 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 project timeline.
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 Fort Dodge, IA Solar Cost FAQs
What is the average cost of installing solar panels in Fort Dodge?
The average cost of solar panels in Fort Dodge is about $20,050 for a 5-kW system and $40,100 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.
Is cost the most important thing to think about 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 why you decided to go solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is 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 larger amount 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.