Solar Panel Cost Guide in Osawatomie, KS (2024 Update)
- Osawatomie Solar Installation Cost: $18,247
- 25-Year Savings: $28,148
- Payback Period: 10.8 Years
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Average Cost of Solar Panels in Osawatomie
Let’s have a look at the average cost of solar in Osawatomie.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Osawatomie, the typical cost of solar panels is 3 per watt.Because a 7.8-kW system is needed to cover the energy costs of a typical home in Osawatomie, the average price of going solar will be about $18,247 after claiming the federal solar tax credit of 0.
Bear in mind that the figures above are only estimates based on the average Osawatomie homeowner. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.Despite the high initial cost, the average Osawatomie homeowner can save about $21,000 on their electricity bills over 20 years, which is one of the perks of solar.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Osawatomie
| Year | Return on Investment |
|---|---|
| 1 years | $-16,863 |
| 3 years | $-14,095 |
| 5 years | $-11,328 |
| 7 years | $-8,560 |
| 9 years | $-5,792 |
| 11 years | $-3,024 |
| 13 years | $-256 |
| 15 years | $2,512 |
| 17 years | $5,280 |
| 19 years | $8,047 |
| 21 years | $10,815 |
| 23 years | $13,583 |
| 25 years | $16,351 |
Top Solar Installers in Osawatomie
When making the switch to solar, many homeowners choose to go with a solar company since handling can be a challenging project. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and part replacements.
Working with a licensed solar installer can make going solar easier. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Osawatomie
Factors that Affect Solar Panel Costs in Osawatomie
For many Osawatomie homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Osawatomie, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar energy system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,340. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your power bills. In addition, add-on products, such as solar batteries, can bring your total well above the Osawatomie average.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That’s why many Osawatomie homeowners choose to finance their solar panel systems to make going solar more affordable.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Osawatomie is the company you choose to install your solar system. As with choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that provide a range of services for different budgets.Larger national companies generally have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.47 | $14,589 | $17,928 | 11.2 years |
| 8 kW | $3.41 | $19,078 | $24,278 | 11.0 years |
| 10 kW | $3.34 | $23,380 | $30,815 | 10.8 years |
| 12 kW | $3.27 | $27,495 | $37,539 | 10.6 years |
| 14 kW | $3.21 | $31,423 | $44,451 | 10.4 years |
| 16 kW | $3.14 | $35,164 | $51,549 | 10.1 years |
| 18 kW | $3.07 | $38,717 | $58,834 | 9.9 years |
| 20 kW | $3.01 | $42,084 | $66,306 | 9.7 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be a tough decision, we have some tips to help you, such as:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can verify your installer’s reputation is by reading reviews.
- 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 how long the project will take.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Although there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so be sure to peruse their list of options before making your decision.
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Osawatomie, KS Solar Cost FAQs
How much does it cost to install solar panels in Osawatomie?
This is a tough question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $16,700 for a 5-kW system and $33,400 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Osawatomie?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Can you sell solar power back to the grid in Osawatomie?
The majority of states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can take a 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 cover 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.