Solar Panel Cost Guide in Holts Summit, MO (2024 Update)

  • Holts Summit Solar Installation Cost: $17,086
  • 25-Year Savings: $21,622
  • Payback Period: 12.3 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Holts Summit

We go over average solar pricing in Holts Summit.

The national average cost of solar panels is $2.66 per watt, but in Holts Summit it’s 3 per watt.The average solar panel system size in Holts Summit is around 7.2 kilowatts, meaning a cost of about $17,086 for a solar installation, or $24,433 before the 0 federal solar tax credit is applied.

The actual price you pay can go higher or lower than the average in Holts Summit depending on a variety of factors, such as the kind of solar panels you choose and the solar installer you hire.With average savings of about $18,000 on energy bills over 20 years, many homeowners in Holts Summit find installing solar panels can pay off big.

To calculate your potential ROI and connect with a local solar expert, click the button below.

Solar savings over time in Holts Summit

Year Return on Investment
1 years $-15,795
3 years $-13,214
5 years $-10,633
7 years $-8,052
9 years $-5,471
11 years $-2,889
13 years $-308
15 years $2,273
17 years $4,854
19 years $7,435
21 years $10,016
23 years $12,597
25 years $15,178

Top Solar Installers in Holts Summit

Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can use up a lot of your time and energy. Hiring a solar company can make switching to solar power much easier. Plus, warranties and repairs from your solar panel company can protect your investment and reduce the cost of maintenance in the long run.

Working with a professional solar company can help you make the most of your investment in solar. Here are our recommendations:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Technology

Tesla Energy

★★★★★
3.2

  • 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 Holts Summit

Factors that Affect Solar Panel Costs in Holts Summit

For many Holts Summit homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Holts Summit, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you’ll pay, which we'll go over below.

Solar Equipment

System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. For that reason, it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.The type of 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. However, more efficient panels could save you more over time on your energy bills. In addition, extra products, like solar batteries, can bring your total well above the Holts Summit average.

Solar Financing Terms

For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are offered by most installers in Holts Summit, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable.However, the interest on solar loans also increases your all-in costs, so it’s vital to consider that as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.

Solar Panel Installation Company

Lastly, the company you opt for to install your solar system can impact how much you pay. Holts Summit’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Holts Summit have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. 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 $14,070 12.8 years
8 kW $3.44 $19,249 $19,137 12.5 years
10 kW $3.37 $23,590 $24,393 12.3 years
12 kW $3.30 $27,742 $29,838 12.0 years
14 kW $3.24 $31,705 $35,471 11.8 years
16 kW $3.17 $35,479 $41,294 11.6 years
18 kW $3.10 $39,065 $47,305 11.3 years
20 kW $3.03 $42,462 $53,504 11.1 years

How to Save on Solar Panels

There are numerous companies available in Holts Summit, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:

  • Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
  • Solar Panel Brands: Different companies will have various brands and types of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
  • Contract: Although reading through a contract can take a lot of time, it’s important to do it carefully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can verify your installer’s reputation is by reading reviews.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Technology

Tesla Energy

★★★★★
3.2

  • 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 Holts Summit, MO Solar Cost FAQs

What is the average cost of installing solar panels in Holts Summit?

The average cost of solar panels in Holts Summit 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 like the type of solar panels you want, what size system you need and how much energy you use.

Can you get solar panels for free in Holts Summit?

You can’t get solar panels for free in Holts Summit. However, you may still be able to afford 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.

How much can I save on power bills after switching to solar?

Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $959.66 per year.

How often do you have to replace solar panels?

On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.

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.

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