Solar Panel Cost Guide in Carrollton, MO (2024 Update)
- Carrollton Solar Installation Cost: $17,195
- 25-Year Savings: $24,370
- Payback Period: 11.4 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Carrollton
Find out how much it might cost to switch to solar power in Carrollton.
While the national average of solar panels is $2.66 per watt, solar panels in Carrollton typically cost around 3.Using this figure, a typical 7.3-kW system would cost about $17,195 before the 0 federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy consumption, the type of equipment you want to get, your solar contractor and more.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Carrollton can save about $20,000 on their energy bills over 20 years.
For a personalized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Carrollton
Year | Return on Investment |
---|---|
1 years | $-15,522 |
3 years | $-12,175 |
5 years | $-8,828 |
7 years | $-5,482 |
9 years | $-2,135 |
11 years | $1,212 |
13 years | $4,558 |
15 years | $7,905 |
17 years | $11,252 |
19 years | $14,598 |
21 years | $17,945 |
23 years | $21,291 |
25 years | $24,638 |
Top Solar Installers in Carrollton
When switching to solar energy, many homeowners choose to go with a solar installer since handling can be a difficult project. A solar installer can also help save you money in the long run by providing warranties, repairs and part replacements.
There are several licensed solar professionals that can help you install your solar panels. Here are our suggestions:
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 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 Carrollton
Factors that Affect Solar Panel Costs in Carrollton
For many Carrollton homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Carrollton, with typical prices between $20,000 to $40,000. There are numerous factors that greatly influence the price you’ll pay, which we'll go over 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 uses, the larger your system will likely need to be. You can expect to spend around $3,370 per kilowatt in Carrollton.The 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. However, more efficient panels could save you more in the long run on your power bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Carrollton average.
Solar Financing Terms
Many homeowners find the average cost of solar in Carrollton to be prohibitively expensive, even if the investment pays off over time. Fortunately, almost every solar company in the area provides access to financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also lead to a higher cost over time due to interest.While solar loans make switching to solar energy more accessible for Carrollton homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Carrollton is the company you hire to install your solar panel system. Similar to choosing a company to build a deck or pool, for instance, you’ll have many options for solar installers that offer a range of services for different budgets.Additionally, some companies in Carrollton are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $16,217 | 11.9 years |
8 kW | $3.44 | $19,249 | $22,001 | 11.7 years |
10 kW | $3.37 | $23,590 | $27,973 | 11.4 years |
12 kW | $3.30 | $27,742 | $34,133 | 11.2 years |
14 kW | $3.24 | $31,705 | $40,483 | 11.0 years |
16 kW | $3.17 | $35,479 | $47,021 | 10.8 years |
18 kW | $3.10 | $39,065 | $53,748 | 10.5 years |
20 kW | $3.03 | $42,462 | $60,664 | 10.3 years |
How to Save on Solar Panels
There are numerous companies to choose from in Carrollton, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- 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 substantial role in the company you opt for.
- Installation Process: When making the switch to solar energy, it’s essential to keep an open line of communication with your solar company. Make sure you understand how the installation process will go and the project completion timeline.
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Before you sign a contract with a solar company, be sure to read it through completely so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
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 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 Carrollton, MO Solar Cost FAQs
How much does it cost to install solar panels in Carrollton?
This is a tough question to answer precisely, because the cost depends on a few different factors. Broadly 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 cost more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Are solar panels free in Carrollton?
Solar panels aren’t free in Carrollton, 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 can further reduce the cost.
How will solar panels impact my home value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Carrollton is currently $124,565, which means you can look forward to a value of about $5,107 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Carrollton is a worthwhile investment.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house 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.