Solar Panel Cost Guide in Grandview, MO (2024 Update)
- Grandview Solar Installation Cost: $17,078
- 25-Year Savings: $23,695
- Payback Period: 11.6 Years
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Average Cost of Solar Panels in Grandview
Let’s have a look at the average cost of solar in Grandview.
While the national average of solar panels is $2.66 per watt, solar panels in Grandview typically cost around 3.The average solar panel system size in Grandview is around 7.2 kilowatts, meaning a cost of about $17,078 for a solar installation, or $24,422 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The actual cost of going solar can vary quite a bit based on several factors, such as how many panels you need, your energy usage and what installation company you go with.Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Grandview can save around $19,000 on their energy bills over 20 years.
To receive a free quote from a highly rated solar company in Grandview, you can click the button below.
Solar savings over time in Grandview
| Year | Return on Investment |
|---|---|
| 1 years | $-15,404 |
| 3 years | $-12,058 |
| 5 years | $-8,711 |
| 7 years | $-5,364 |
| 9 years | $-2,018 |
| 11 years | $1,329 |
| 13 years | $4,676 |
| 15 years | $8,022 |
| 17 years | $11,369 |
| 19 years | $14,716 |
| 21 years | $18,062 |
| 23 years | $21,409 |
| 25 years | $24,755 |
Top Solar Installers in Grandview
Although you can install solar panels on your own, it takes extra time and expertise. Because of that, most people choose a solar panel installer. Some solar companies, especially local ones, can help you make the most of incentives in Grandview, thereby optimizing your ROI.
There are a number of licensed solar professionals that can take care of your solar installation project. 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 Grandview
Factors that Affect Solar Panel Costs in Grandview
Though the average cost of a solar system in Grandview is $17,078, your actual cost may be higher or lower than that. There are several factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to consider.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,370.There are many different solar panel brands and the one you pick also changes the cost. Generally speaking, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you’re looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Grandview have solar loans, which reduce the initial cost of installing solar.However, the interest on solar loans also increases your total costs, so it’s important to include that in your estimate as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The remaining major cost factor you should take into consideration is the installer you choose. Given the booming popularity of sustainable energy solutions in Grandview, you’ll have plenty of options to choose from, but each comes at various price points for labor and equipment.Additionally, some companies in Grandview 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 | $15,796 | 12.1 years |
| 8 kW | $3.44 | $19,249 | $21,439 | 11.8 years |
| 10 kW | $3.37 | $23,590 | $27,271 | 11.6 years |
| 12 kW | $3.30 | $27,742 | $33,291 | 11.4 years |
| 14 kW | $3.24 | $31,705 | $39,500 | 11.1 years |
| 16 kW | $3.17 | $35,479 | $45,897 | 10.9 years |
| 18 kW | $3.10 | $39,065 | $52,484 | 10.7 years |
| 20 kW | $3.03 | $42,462 | $59,259 | 10.4 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 picking a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Companies that have been operating for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: Before you sign a contract with a solar company, be sure to read it through carefully so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and how long it will take.
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 Grandview, MO Solar Cost FAQs
How much does it cost to install solar panels in Grandview?
This is a difficult question to answer exactly, 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. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have above-average energy consumption. On the other hand, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels completely eradicate my power bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Grandview, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to replace them after having them for that long or you can keep using them at a lower efficiency.
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.