Solar Panel Cost Guide in Chouteau, IL (2024 Update)

  • Chouteau Solar Installation Cost: $16,101
  • 25-Year Savings: $9,073
  • Payback Period: 19.4 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

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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 Chouteau

We break down average solar pricing in Chouteau.

Although the national average of solar panels is $2.66 per watt, solar panels in Chouteau generally cost around 4.The average solar panel system size in Chouteau is around 6.1 kilowatts, meaning a cost of about $16,101 for a solar installation, or $23,024 before the 0 federal solar tax credit is applied.

The actual price you pay can go higher or lower than the average in Chouteau depending on several factors, such as the type of solar panels you choose and the solar contractor you hire.Many homeowners find going solar is a fruitful investment. The average homeowner in Chouteau can save about $13,000 on their energy bills over 20 years.

To get a free quote from a highly rated solar company in Chouteau, you can click the button below.

Solar savings over time in Chouteau

Year Return on Investment
1 years $-15,250
3 years $-13,549
5 years $-11,848
7 years $-10,147
9 years $-8,445
11 years $-6,744
13 years $-5,043
15 years $-3,341
17 years $-1,640
19 years $61
21 years $1,763
23 years $3,464
25 years $5,165

Top Solar Installers in Chouteau

DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Taking advantage of a solar company can make your swap to solar power much easier. In addition, if you’d like to maximize your investment in solar power, going with a solar installer can help with that as well. Different providers can offer warranties, expertise on installation and sometimes even information on local incentives.

There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

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 Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

See all of the solar companies in Chouteau

Factors that Affect Solar Panel Costs in Chouteau

For many Chouteau homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Chouteau, 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 panel systems varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production 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 $3,760.There are a lot of different solar panel brands and the one you choose also affects the cost. Generally, the brands that have better efficiency tend to also be more expensive. Additionally, the type of equipment you’re looking to get can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

If paying for a solar system out of pocket is too expensive, solar loans are a popular option because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.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 lower the total interest paid over time.

Solar Panel Installation Company

The solar installation company you select will play a role in your total cost to make the switch to solar energy. Different companies will bill different amounts for the equipment and labor.Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and decide on the company that has 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 $3.91 $16,424 $3,941 20.2 years
8 kW $3.84 $21,477 $5,675 19.8 years
10 kW $3.76 $26,320 $7,621 19.4 years
12 kW $3.68 $30,952 $9,776 19.0 years
14 kW $3.61 $35,374 $12,143 18.6 years
16 kW $3.53 $39,585 $14,720 18.2 years
18 kW $3.46 $43,586 $17,507 17.8 years
20 kW $3.38 $47,376 $20,505 17.4 years

How to Save on Solar Panels

The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a challenge, we have some tips to help you, such as:

  • 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 large role in the company you choose.
  • Installation Process: An important thing to understand when adopting solar energy is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should acquire and how long the project will take.
  • Contract: Review the contract terms closely to make sure you understand the total cost, completion timeline incentives and warranties.
  • Reputation: Solar companies that have great reviews from their customers and that have been operating for many years likely offer high-quality solar panel installation and expertise.

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 Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Chouteau, IL Solar Cost FAQs

What is the average cost of installing solar panels in Chouteau?

The average cost of solar panels in Chouteau is about $18,800 for a 5-kW system and $37,600 for a 10-kW system before the ITC, but the real cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you consume.

Are solar panels free in Chouteau?

A solar panel system isn’t free in Chouteau, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.

Can you sell solar power back to the grid in Chouteau?

Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future energy bills.

How many solar panels do I need to power my home?

To figure out how many solar panels you need, you need to know how much energy your home uses 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 household 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.

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