Solar Panel Cost Guide in Crestwood, MO (2024 Update)
- Crestwood Solar Installation Cost: $17,060
- 25-Year Savings: $18,222
- Payback Period: 13.6 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Crestwood
Find out what the average cost of a solar system is in Crestwood.
The national average cost of solar panels is $2.66 per watt, but in Crestwood it’s 3 per watt.Since a 7.2-kW system is needed to cover the energy needs of a typical home in Crestwood, the average price of going solar will be about $17,060 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average energy use of Crestwood homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.For many homeowners, the upfront cost of solar is worth paying. On average Crestwood homeowners see about $16,000 in savings on energy bills over 20 years.
To receive a free quote from a highly rated solar installation company in Crestwood, you can click the button below.
Solar savings over time in Crestwood
| Year | Return on Investment |
|---|---|
| 1 years | $-15,769 |
| 3 years | $-13,188 |
| 5 years | $-10,607 |
| 7 years | $-8,026 |
| 9 years | $-5,445 |
| 11 years | $-2,864 |
| 13 years | $-283 |
| 15 years | $2,298 |
| 17 years | $4,880 |
| 19 years | $7,461 |
| 21 years | $10,042 |
| 23 years | $12,623 |
| 25 years | $15,204 |
Top Solar Installers in Crestwood
Many homeowners opt for a solar installation company since trying to install solar panels on your own can be challenging. Solar warranties and repairs are usually included in the cost of installation when you go with a solar contractor as well, which can save you more money over time.
If you're looking for a solar installer in Crestwood, the EcoWatch team has 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 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 Crestwood
Factors that Affect Solar Panel Costs in Crestwood
For many Crestwood homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Crestwood, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar system in Crestwood, one of the most important 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 figure out by looking at past energy bills. Your overall cost can increase by around $3,370 for each additional kilowatt you need.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Crestwood, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited 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 a solar system out of pocket can be challenging. Solar loans are available from most installers in Crestwood, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable.Though solar loans make adopting solar energy more accessible for Crestwood homeowners, they can also increase the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Crestwood is the company you get to install your solar system. Similar to choosing a company to build a deck or pool, for example, you’ll have no shortage of solar installers that provide a range of services for different budgets.Larger national companies typically have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric car 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 | $3.50 | $14,720 | $11,276 | 14.2 years |
| 8 kW | $3.44 | $19,249 | $15,412 | 13.9 years |
| 10 kW | $3.37 | $23,590 | $19,737 | 13.6 years |
| 12 kW | $3.30 | $27,742 | $24,250 | 13.3 years |
| 14 kW | $3.24 | $31,705 | $28,952 | 13.1 years |
| 16 kW | $3.17 | $35,479 | $33,843 | 12.8 years |
| 18 kW | $3.10 | $39,065 | $38,923 | 12.5 years |
| 20 kW | $3.03 | $42,462 | $44,191 | 12.3 years |
How to Save on Solar Panels
Since the model of solar panels and the installer you choose significantly impacts your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
- Contract: When looking through your solar installer’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 the company going out of business.
- Installation Process: Make sure you’re on the same page with the company with regard to how the installation process will go and what needs to be done before your solar system is installed, such as updating or replacing your electrical system or roof.
- Warranty: A high-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 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 Crestwood, MO Solar Cost FAQs
What is the average cost of installing solar panels in Crestwood?
The average cost of solar panels in Crestwood is about $16,850 for a 5-kW system and $33,700 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Crestwood?
You can’t get solar panels for free in Crestwood. 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 want to own your solar panels, you can finance them with a solar loan.
Is going solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How many solar panels do I need to power 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 buy 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.