Solar Panel Cost Guide in Carl Junction, MO (2024 Update)
- Carl Junction Solar Installation Cost: $16,565
- 25-Year Savings: $25,460
- Payback Period: 10.8 Years
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Average Cost of Solar Panels in Carl Junction
Let’s have a look at the average cost of solar panels in Carl Junction.
The national average cost of solar panels is $2.66 per watt, but in Carl Junction it’s 3 per watt.Using this figure, a typical 7.0-kW system would cost about $16,565 before the 0 federal solar tax credit is applied.
How much you pay can go higher or lower than the average in Carl Junction based on a few factors, such as the type of solar panels you choose and the solar company you hire.With average savings of about $22,000 on power bills over 20 years, many homeowners in Carl Junction find investing in solar has a decent ROI.
You can click the button below to get connected with a pre-vetted solar company in Carl Junction for a quote for your home.
Solar savings over time in Carl Junction
| Year | Return on Investment |
|---|---|
| 1 years | $-14,891 |
| 3 years | $-11,544 |
| 5 years | $-8,197 |
| 7 years | $-4,849 |
| 9 years | $-1,502 |
| 11 years | $1,845 |
| 13 years | $5,192 |
| 15 years | $8,540 |
| 17 years | $11,887 |
| 19 years | $15,234 |
| 21 years | $18,581 |
| 23 years | $21,928 |
| 25 years | $25,276 |
Top Solar Installers in Carl Junction
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Using a solar company can make switching to solar power much easier. Solar warranties and repairs are often included in the cost of installation when you hire a solar contractor as well, which can save you more money after your upfront investment.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
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 Carl Junction
Factors that Affect Solar Panel Costs in Carl Junction
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 Carl Junction: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay about $3,370 per kilowatt in Carl Junction.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for 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 over time on your energy bills. Additionally, extra products, like solar batteries, can bump up your total well above the Carl Junction average.
Solar Financing Terms
Many homeowners find the average cost of solar in Carl Junction to be too steep, even if the investment pays off over time. Fortunately, almost every solar company in the area offers financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in a higher cost over time because of interest.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
The solar installer you pick will impact your total cost to go solar. Different companies will charge different amounts for the equipment and labor.Companies that only sell products with high efficiency and therefore a higher price point — 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 provides the products, warranties and services you’re looking for and also fits 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 | $3.50 | $14,720 | $17,913 | 11.3 years |
| 8 kW | $3.44 | $19,249 | $24,261 | 11.1 years |
| 10 kW | $3.37 | $23,590 | $30,798 | 10.8 years |
| 12 kW | $3.30 | $27,742 | $37,524 | 10.6 years |
| 14 kW | $3.24 | $31,705 | $44,438 | 10.4 years |
| 16 kW | $3.17 | $35,479 | $51,542 | 10.2 years |
| 18 kW | $3.10 | $39,065 | $58,833 | 10.0 years |
| 20 kW | $3.03 | $42,462 | $66,314 | 9.8 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. Because selecting a company can be a tough decision, we have some tips to help you, such as:
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running smoothly and save you money on part replacement and repairs.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
- Installation Process: Make sure you’re on the same page with the installer in regard to how the installation process will go and what you need to do before your solar system is installed, such as updating or replacing your electrical system or roof.
- Contract: When looking through your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
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 Carl Junction, MO Solar Cost FAQs
How much does it cost to install solar panels in Carl Junction?
This is a hard question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $16,850 for a 5-kW system and $33,700 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Carl Junction?
Leasing solar panels can be an appealing choice, as it commonly comes with low or $0 upfront payments. The drawback 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 incentives and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.
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 how much sunlight your roof gets. You can 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 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.