Solar Panel Cost Guide in Keokuk, IA (2024 Update)
- Keokuk Solar Installation Cost: $26,485
- 25-Year Savings: $36,360
- Payback Period: 12.1 Years
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Average Cost of Solar Panels in Keokuk
Find out what the average cost of installing solar panels is in Keokuk.
While the national average of solar panels is $2.66 per watt, solar panels in Keokuk generally cost about 4.Since a 9.4-kW system is needed to cover the energy consumption of a typical home in Keokuk, the average price of going solar will be about $26,485 after claiming the federal solar tax credit of 0.
The true price you pay can be above or below the average in Keokuk depending on several factors, such as the model 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 $22,000 in savings on energy bills over 20 years.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Keokuk
| Year | Return on Investment |
|---|---|
| 1 years | $-24,769 |
| 3 years | $-21,336 |
| 5 years | $-17,903 |
| 7 years | $-14,470 |
| 9 years | $-11,037 |
| 11 years | $-7,604 |
| 13 years | $-4,171 |
| 15 years | $-738 |
| 17 years | $2,695 |
| 19 years | $6,128 |
| 21 years | $9,561 |
| 23 years | $12,994 |
| 25 years | $16,427 |
Top Solar Installers in Keokuk
Although it's possible to install solar panels yourself, it requires extra effort and expertise. That's why most homeowners choose to go with a solar panel installer. Another good thing about going with a reputable solar installer is that it'll usually provide warranties and free repairs, which help protect your investment.
There are a number of licensed solar professionals that can help you install your solar panels. Here are our suggestions:
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 Keokuk
Factors that Affect Solar Panel Costs in Keokuk
The cost of installing a solar system in Keokuk can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Keokuk, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy usage, which you can figure out by looking at past power bills. Your overall cost can increase by about $4,010 for each additional kilowatt you need.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Keokuk, where sunlight is relatively abundant, efficiency can quickly pay off. Also, 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
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That’s why many Keokuk homeowners decide to finance their solar panel systems to make paying for solar more affordable.When considering your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar panel installer you choose will influence your total cost to go solar. Different companies will charge different amounts for the equipment and labor.Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and choose a company that offers the products, warranties and services you’re looking for and also is within your budget.
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 | $17,240 | 12.6 years |
| 8 kW | $4.09 | $22,905 | $23,436 | 12.4 years |
| 10 kW | $4.01 | $28,070 | $29,856 | 12.1 years |
| 12 kW | $3.93 | $33,010 | $36,501 | 11.9 years |
| 14 kW | $3.85 | $37,726 | $43,370 | 11.6 years |
| 16 kW | $3.77 | $42,217 | $50,464 | 11.4 years |
| 18 kW | $3.69 | $46,484 | $57,783 | 11.1 years |
| 20 kW | $3.61 | $50,526 | $65,326 | 10.9 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: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Contract: It’s important to read your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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 Keokuk, IA Solar Cost FAQs
How much does it cost to install solar panels in Keokuk?
The average cost of solar panels in Keokuk is about $20,050 for a 5-kW system and $40,100 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
The initial cost is a crucial factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Is making the switch to solar worth it?
Solar panels can be a beneficial investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already reasonably low, solar panels might not be for you.
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 goes down 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.