Solar Panel Cost Guide in Peculiar, MO (2024 Update)
- Peculiar Solar Installation Cost: $16,944
- 25-Year Savings: $23,642
- Payback Period: 11.6 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Peculiar
Let’s have a look at the average cost of solar panels in Peculiar.
While the national average of solar panels is $2.66 per watt, solar panels in Peculiar generally cost about 3.The average Peculiar homeowner needs a 7.2-kilowatt system, which would cost about $16,944 with the federal tax credit, or $24,230 before the 0 tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Peculiar 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.Many homeowners find installing solar panels is a solid investment. The average homeowner in Peculiar can save about $19,000 on their energy bills over 20 years.
Click the button below to get connected to a vetted solar installer in Peculiar for a personalized quote.
Solar savings over time in Peculiar
Year | Return on Investment |
---|---|
1 years | $-15,270 |
3 years | $-11,924 |
5 years | $-8,577 |
7 years | $-5,230 |
9 years | $-1,884 |
11 years | $1,463 |
13 years | $4,810 |
15 years | $8,156 |
17 years | $11,503 |
19 years | $14,850 |
21 years | $18,196 |
23 years | $21,543 |
25 years | $24,889 |
Top Solar Installers in Peculiar
DIY solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Using a solar company can make converting to solar power much easier. Companies can also have access to various kinds of the best solar panels and help you pick which one will be right for your home.
There are several 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 Peculiar
Factors that Affect Solar Panel Costs in Peculiar
Though the average cost of a solar system in Peculiar is $16,944, your actual cost may be above or below the average. There are several factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay around $3,370 per kilowatt in Peculiar.The brand of solar panels and equipment you get is another factor that will significantly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Further, solar equipment is more than just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that’s in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Peculiar to be too costly, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides financing options. Solar loans substantially decrease upfront costs in most cases, but they also result in higher prices over time because of interest.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The solar company you hire to handle your switch to renewable energy can play a part in your total costs. There are about 3 solar installation companies operating in Peculiar, and each can charge varying amounts for labor and equipment.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and decide on the company that provides the products, warranties and services you’re looking for and also is within your budget.
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 | $15,907 | 12.0 years |
8 kW | $3.44 | $19,249 | $21,587 | 11.8 years |
10 kW | $3.37 | $23,590 | $27,456 | 11.6 years |
12 kW | $3.30 | $27,742 | $33,513 | 11.3 years |
14 kW | $3.24 | $31,705 | $39,759 | 11.1 years |
16 kW | $3.17 | $35,479 | $46,194 | 10.9 years |
18 kW | $3.10 | $39,065 | $52,818 | 10.6 years |
20 kW | $3.03 | $42,462 | $59,630 | 10.4 years |
How to Save on Solar Panels
Since the type of solar panels and the company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you go with.
- Warranty: Warranties that provide coverage for defective panels and repairs over around 25 years are the best you can get in the business, and offering that kind of warranty is one mark of a good company.
- Contract: Before you sign a contract with a solar company, make sure you look it over completely so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Installation Process: When going solar, it’s important to keep an open line of communication with your solar panel installer. Make sure you understand how the installation process will go and the project 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 Peculiar, MO Solar Cost FAQs
How much does it cost to install solar panels in Peculiar?
The average cost of solar panels in Peculiar 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 kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Peculiar?
A solar panel system isn’t free in Peculiar, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Can you sell solar power back to the grid in Peculiar?
The majority of states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
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 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 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.