Solar Panel Cost Guide in Pacific, MO (2024 Update)
- Pacific Solar Installation Cost: $17,017
- 25-Year Savings: $17,930
- Payback Period: 13.7 Years
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Average Cost of Solar Panels in Pacific
Let’s take a look at the average cost of solar panels in Pacific.
The average cost of solar panels in Pacific is 3 per watt.To cover the typical energy usage of the average home in Pacific, most homeowners require a 7.2-kilowatt system. Using the figure above, a solar installation costs about $17,017, or $24,334 before the federal solar tax credit of 0 is applied.
The true price you pay can be higher or lower than the average in Pacific depending on several factors, such as the type of solar panels you choose and the solar installer you hire.For most homeowners, the upfront investment in solar panels is worth paying. On average Pacific homeowners see about $16,000 in savings on electricity bills over 20 years.
Click the button below to get connected to a vetted solar company in Pacific for a customized quote.
Solar savings over time in Pacific
| Year | Return on Investment |
|---|---|
| 1 years | $-15,726 |
| 3 years | $-13,145 |
| 5 years | $-10,564 |
| 7 years | $-7,983 |
| 9 years | $-5,402 |
| 11 years | $-2,820 |
| 13 years | $-239 |
| 15 years | $2,342 |
| 17 years | $4,923 |
| 19 years | $7,504 |
| 21 years | $10,085 |
| 23 years | $12,666 |
| 25 years | $15,248 |
Top Solar Installers in Pacific
Many homeowners decide to hire a solar panel installer since figuring out how to install solar panels by yourself can be hard. Plus, if you’d like to maximize your investment in solar, using a solar company can help with that too. Different providers can offer repairs, expertise on solar panel installation and sometimes even information on local incentives.
There are several licensed solar professionals that can install solar panels for you. 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 Pacific
Factors that Affect Solar Panel Costs in Pacific
For many Pacific homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Pacific, with typical prices between $20,000 to $40,000. There are several factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $3,370. There are several different solar panel brands and the one you pick also changes the cost. Usually, the brands that are more efficient tend to also cost more. In addition, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That’s why many Pacific homeowners decide to finance their solar panel systems to offset upfront costs.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar company you choose to handle your switch to solar energy can play a role in your total costs. There are about 3 solar panel companies operating in Pacific, and each can charge different amounts for labor and equipment.You may see national solar installers that have lower prices due to their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $11,071 | 14.3 years |
| 8 kW | $3.44 | $19,249 | $15,139 | 14.0 years |
| 10 kW | $3.37 | $23,590 | $19,395 | 13.7 years |
| 12 kW | $3.30 | $27,742 | $23,841 | 13.4 years |
| 14 kW | $3.24 | $31,705 | $28,475 | 13.2 years |
| 16 kW | $3.17 | $35,479 | $33,297 | 12.9 years |
| 18 kW | $3.10 | $39,065 | $38,309 | 12.6 years |
| 20 kW | $3.03 | $42,462 | $43,509 | 12.3 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Pacific, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: Different companies will offer various brands and kinds of panels. If you want a specific brand, make sure the solar installer you’re considering has it.
- Contract: When looking through your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Reputation: Companies that have been in business 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 quality aftercare and customer support, such as part repairs and replacements.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the project completion timeline.
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 Pacific, MO Solar Cost FAQs
What is the average cost of installing solar panels in Pacific?
The average cost of solar panels in Pacific is about $16,850 for a 5-kW system and $33,700 for a 10-kW system before the ITC, but the real cost will depend on things like the type of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Pacific?
Leasing solar panels can be an attractive choice, as it usually comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
Do solar panels increase your 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 Pacific is currently $212,849, so you can expect a value of about $8,727 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Pacific is a rewarding investment.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home 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.