Solar Panel Cost Guide in Russell, KS (2024 Update)
- Russell Solar Installation Cost: $17,277
- 25-Year Savings: $27,696
- Payback Period: 10.5 Years
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Average Cost of Solar Panels in Russell
Here’s how much it might cost to make the switch to solar in Russell.
In Russell, solar panels cost about 3 per watt on average.The average solar panel system size in Russell is around 7.4 kilowatts, meaning a cost of about $17,277 for a solar installation, or $24,706 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy consumption, the type of equipment you want to get, your solar contractor and more.For most homeowners, the upfront investment in solar panels is worth paying. On average you could be looking at about $21,000 in savings on utility bills over 20 years.
Click the button below to get connected to a vetted solar company in your area for a customized estimate.
Solar savings over time in Russell
| Year | Return on Investment |
|---|---|
| 1 years | $-15,979 |
| 3 years | $-13,384 |
| 5 years | $-10,788 |
| 7 years | $-8,193 |
| 9 years | $-5,597 |
| 11 years | $-3,002 |
| 13 years | $-406 |
| 15 years | $2,189 |
| 17 years | $4,785 |
| 19 years | $7,381 |
| 21 years | $9,976 |
| 23 years | $12,572 |
| 25 years | $15,167 |
Top Solar Installers in Russell
Trying to install solar panels by yourself can be a challenging task, which is why hiring a solar installation company is a good option for many homeowners. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and component replacements.
If you're on the hunt for a solar company in Russell, the EcoWatch team has put together a list of our top suggestions here:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Russell
Factors that Affect Solar Panel Costs in Russell
For many Russell homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Russell, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $3,340. There are several different solar panel brands and the one you pick also changes the cost. In general, the brands that are more efficient tend to also cost more. In addition, the type of equipment you choose can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
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 Russell homeowners choose to finance their solar panel systems to offset upfront costs.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The solar company you opt for to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar panel companies in Russell, and each can charge varying amounts for labor and equipment.The company’s size sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $18,776 | 10.9 years |
| 8 kW | $3.41 | $19,078 | $25,409 | 10.7 years |
| 10 kW | $3.34 | $23,380 | $32,229 | 10.5 years |
| 12 kW | $3.27 | $27,495 | $39,236 | 10.3 years |
| 14 kW | $3.21 | $31,423 | $46,430 | 10.1 years |
| 16 kW | $3.14 | $35,164 | $53,811 | 9.9 years |
| 18 kW | $3.07 | $38,717 | $61,379 | 9.7 years |
| 20 kW | $3.01 | $42,084 | $69,135 | 9.5 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you hire.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years in most cases provide high-quality solar panel installation and expertise.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: When going solar, it’s crucial to maintain an open line of communication with your solar panel installer. Make sure you understand how the installation process will go and the project completion timeline.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Russell, KS Solar Cost FAQs
How much does it cost to install solar panels in Russell?
The average cost of solar panels in Russell is about $16,700 for a 5-kW system and $33,400 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 consume.
Can you get solar panels for free in Russell?
You can’t get solar panels for free in Russell. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Russell?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and the amount of direct sunlight your roof gets.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and the average daily 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 get between 20 and 35 panels to account for 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.