Solar Panel Cost Guide in Saylorville, IA (2024 Update)

  • Saylorville Solar Installation Cost: $26,849
  • 25-Year Savings: $25,326
  • Payback Period: 15.3 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

Why you can trust EcoWatch

We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Saylorville

Find out how much it might cost to install solar panels in Saylorville.

The average cost of a solar system in Saylorville is 4 per watt.Since a 9.6-kW system is needed to cover the energy costs of a typical home in Saylorville, the average price of going solar will be about $26,849 after claiming the federal solar tax credit of 0.

These figures are just averages, and the cost of going solar for you may differ based on factors unique to your home and what company you want to go with.For most homeowners, the upfront cost of solar panels is worth paying. On average homeowners in Saylorville see about $17,000 in savings on utility bills over 20 years.

To receive a free estimate from a highly rated solar installation company in Saylorville, you can click the button below.

Solar savings over time in Saylorville

Year Return on Investment
1 years $-25,781
3 years $-23,646
5 years $-21,510
7 years $-19,374
9 years $-17,238
11 years $-15,103
13 years $-12,967
15 years $-10,831
17 years $-8,695
19 years $-6,559
21 years $-4,424
23 years $-2,288
25 years $-152

Top Solar Installers in Saylorville

DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Using an installer can make your swap to solar power much easier. Companies can also provide access to quality options of the best solar panels and help you pick which one will be best for your family.

You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some nearby:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
3.2

  • 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 Saylorville

Factors that Affect Solar Panel Costs in Saylorville

For many Saylorville homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Saylorville, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you’ll pay, which we'll go over below.

Solar Equipment

The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $4,010.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, higher efficiency could save you more in the long run on your energy bills. In addition, add-on products, like solar batteries, can bump up your total well above the Saylorville average.

Solar Financing Terms

Solar panels can save you money on power bills over time, but they can also be a big investment. That’s why many Saylorville homeowners opt to finance their solar panel systems to offset upfront costs.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you’re only able to 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 last significant cost factor you should take into consideration is the installer you choose. Given the booming popularity of sustainable energy solutions in Saylorville, you’ll have many options to choose from, but each comes at different price points for labor and equipment.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.

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 $10,005 15.9 years
8 kW $4.09 $22,905 $13,789 15.6 years
10 kW $4.01 $28,070 $17,797 15.3 years
12 kW $3.93 $33,010 $22,030 15.0 years
14 kW $3.85 $37,726 $26,488 14.7 years
16 kW $3.77 $42,217 $31,170 14.4 years
18 kW $3.69 $46,484 $36,077 14.1 years
20 kW $3.61 $50,526 $41,208 13.8 years

How to Save on Solar Panels

There are numerous companies available in Saylorville, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:

  • Solar Panel Brands: Different companies offer different brands and types of panels. If you prefer a specific brand, make sure the solar panel installer you’re considering has it.
  • Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
  • Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
  • Installation Process: When making the switch to solar, it’s necessary to maintain an open line of communication with your solar panel company. See to it that you understand how the installation process will go and the completion timeline.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
3.2

  • 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 Saylorville, IA Solar Cost FAQs

How much does it cost to install solar panels in Saylorville?

This is a hard question to answer exactly, 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. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have above-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.

Can you get solar panels for free in Saylorville?

Solar panels aren’t free in Saylorville, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.

How much can I save on energy bills after switching to solar?

Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $917.34 per year.

How long do solar panels last in Saylorville?

Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can decide to replace them after having them for that long or you can keep using them at a lower efficiency.

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.

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