Solar Panel Cost Guide in Ozark, MO (2024 Update)
- Ozark Solar Installation Cost: $16,574
- 25-Year Savings: $25,266
- Payback Period: 12.8 Years
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Average Cost of Solar Panels in Ozark
See how much it might cost to make the switch to solar in Ozark.
The average cost of solar panels in Ozark is 3 per watt.Using this figure, a typical 7.0-kW system would cost about $16,574 before the 0 federal solar tax credit is applied.
These figures are just estimates, and how much solar costs for you may differ based on your specific situation and what company you want to go with.But, after you've paid the upfront cost of installation, the return on investment for most homeowners is usually good, with a net average savings of about $18,000 over 20 years on energy bills.
To calculate your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Ozark
| Year | Return on Investment |
|---|---|
| 1 years | $-14,901 |
| 3 years | $-11,553 |
| 5 years | $-8,206 |
| 7 years | $-4,859 |
| 9 years | $-1,512 |
| 11 years | $1,836 |
| 13 years | $5,183 |
| 15 years | $8,530 |
| 17 years | $11,877 |
| 19 years | $15,224 |
| 21 years | $18,572 |
| 23 years | $21,919 |
| 25 years | $25,266 |
Top Solar Installers in Ozark
Many homeowners opt for a solar panel installer since figuring out how to install solar panels by yourself can be a labor-intensive endeavor. Another perk of working with a solar company is that they can help you maximize your ROI by reducing your future costs of repairs and replacements due to warranties and giving you information on local incentives you can take advantage of.
If you're on the hunt for a solar company in Ozark, we've organized a list of our top suggestions here:
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 Ozark
Factors that Affect Solar Panel Costs in Ozark
There are many factors that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. That’s why it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs.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. On the other hand, more efficient panels could save you more over time on your energy bills. Additionally, extra products, such as solar batteries, can bring your total well above the Ozark average.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are a popular route because they cut back your upfront costs and let you pay for your system over five to seven years on average.While solar loans make switching to solar energy more accessible for Ozark homeowners, they can also increase 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 cut back on how much interest you have to pay.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Ozark is the company you choose to install your solar system. Similar to choosing a company to build a deck or pool, for instance, there are plenty of solar installers that provide a range of services for different budgets.Larger national companies generally have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle 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 | $12,994 | 13.3 years |
| 8 kW | $3.44 | $19,249 | $17,703 | 13.0 years |
| 10 kW | $3.37 | $23,590 | $22,601 | 12.8 years |
| 12 kW | $3.30 | $27,742 | $27,687 | 12.5 years |
| 14 kW | $3.24 | $31,705 | $32,962 | 12.3 years |
| 16 kW | $3.17 | $35,479 | $38,426 | 12.0 years |
| 18 kW | $3.10 | $39,065 | $44,079 | 11.7 years |
| 20 kW | $3.03 | $42,462 | $49,920 | 11.5 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. Because choosing a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: Not all solar companies offer 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: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Look through the contract terms thoroughly to make sure you understand the cost breakdown, project timeline incentives and warranties.
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 Ozark, MO Solar Cost FAQs
How much does it cost to install solar panels in Ozark?
The average cost of solar panels in Ozark 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 consume.
Is cost the most important consideration when buying solar panels?
The initial cost is a crucial factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
How much can I save on electricity bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on where you’re located 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 $923.82 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can take a 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 account for 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.