Solar Panel Cost Guide in West St. Paul, MN (2024 Update)
- West St. Paul Solar Installation Cost: $20,281
- 25-Year Savings: $11,706
- Payback Period: 14.2 Years
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Average Cost of Solar Panels in West St. Paul
Find out what the average cost of solar panel installation is in West St. Paul.
The average cost of a solar panel system in West St. Paul is 4 per watt.To cover the typical energy usage of the average home in West St. Paul, most homeowners require a 7.2-kilowatt system. Using the figure above, a solar installation costs about $20,281, or $29,002 before the federal solar tax credit of 0 is applied.
These figures are just averages, and your own solar costs will most likely look different based on factors unique to your home and what company you go with.But, once you've paid the upfront cost of installation, the ROI for most homeowners is usually good, with a net average savings of about $19,000 over 20 years on power bills.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in West St. Paul
Year | Return on Investment |
---|---|
1 years | $-19,001 |
3 years | $-16,442 |
5 years | $-13,883 |
7 years | $-11,324 |
9 years | $-8,766 |
11 years | $-6,207 |
13 years | $-3,648 |
15 years | $-1,089 |
17 years | $1,470 |
19 years | $4,029 |
21 years | $6,588 |
23 years | $9,147 |
25 years | $11,706 |
Top Solar Installers in West St. Paul
Although it's possible to install solar panels by yourself, it involves extra energy and know-how. Because of that, the majority of homeowners choose to go with a solar panel installer. Plus, if you aren’t sure what brand of solar panels and equipment you may need, a solar expert can help you figure that out after a site survey and consultation.
If you're searching for a solar installer in West St. Paul, we've compiled a list of our top suggestions here:
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 Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
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 West St. Paul
Factors that Affect Solar Panel Costs in West St. Paul
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that affect your total cost in West St. Paul: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
When it comes to estimating the price of solar panels in West St. Paul, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy usage, which you can gauge by looking at past power bills. Your total cost can increase by around $4,030 for each additional kilowatt you need.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like West St. Paul, where sunlight isn’t as abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of 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
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are provided by most installers in West St. Paul, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more affordable.It’s wise to factor 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 the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in West St. Paul is the company you get to install your PV system. As with choosing a company to install new cabinets, for instance, there are plenty of solar installers that provide a range of services for different budgets.Larger national companies usually have lower costs, but some local companies compete with 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 | $4.19 | $17,603 | $12,263 | 14.7 years |
8 kW | $4.11 | $23,019 | $16,803 | 14.5 years |
10 kW | $4.03 | $28,210 | $21,567 | 14.2 years |
12 kW | $3.95 | $33,175 | $26,558 | 13.9 years |
14 kW | $3.87 | $37,914 | $31,774 | 13.6 years |
16 kW | $3.79 | $42,428 | $37,216 | 13.3 years |
18 kW | $3.71 | $46,716 | $42,884 | 13.0 years |
20 kW | $3.63 | $50,778 | $48,777 | 12.8 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 select the right company for you, here are some tips to keep in mind:
- Contract: Before you sign a contract with a solar installer, make sure you look it over fully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and what services you can expect from them.
- Warranty: Warranties that provide coverage for defective panels and repairs over a couple decades are the gold standard in the business, and offering such a warranty is one mark of a good company.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, durability and efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
- Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
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 Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
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 West St. Paul, MN Solar Cost FAQs
What is the average cost of installing solar panels in West St. Paul?
The average cost of solar panels in West St. Paul is about $20,150 for a 5-kW system and $40,300 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in West St. Paul?
Leasing solar panels can be an appealing choice, because it typically comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to get the most savings.
Is it worth going solar in West St. Paul?
Solar panels can be a great investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already pretty low, solar panels might not be for you.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of 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.