Solar Panel Cost Guide in Ste. Genevieve, MO (2024 Update)
- Ste. Genevieve Solar Installation Cost: $16,983
- 25-Year Savings: $20,702
- Payback Period: 12.6 Years
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Average Cost of Solar Panels in Ste. Genevieve
Let’s take a look at the average cost of solar panels in Ste. Genevieve.
Although the national average of solar panels is $2.66 per watt, solar panels in Ste. Genevieve typically cost around 3.Since a 7.2-kW system is needed to cover the energy consumption of a typical home in Ste. Genevieve, the average price of going solar will be about $16,983 after claiming the federal solar tax credit of 0.
These figures are only estimates, and the cost of going solar for you will most likely vary based on factors unique to your home and what company you want to go with.For many homeowners, the upfront cost of solar power is worth paying. On average Ste. Genevieve homeowners see about $18,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a pre-vetted solar installer in Ste. Genevieve that can help you get a more accurate cost estimate for your home.
Solar savings over time in Ste. Genevieve
| Year | Return on Investment |
|---|---|
| 1 years | $-15,692 |
| 3 years | $-13,111 |
| 5 years | $-10,530 |
| 7 years | $-7,949 |
| 9 years | $-5,368 |
| 11 years | $-2,786 |
| 13 years | $-205 |
| 15 years | $2,376 |
| 17 years | $4,957 |
| 19 years | $7,538 |
| 21 years | $10,119 |
| 23 years | $12,700 |
| 25 years | $15,281 |
Top Solar Installers in Ste. Genevieve
Installing solar panels yourself can be a challenging task, which is why getting a solar installation company is a good option for many homeowners. A solar company can also help save you money over the lifespan of your system by providing warranties, repairs and part replacements.
If you’d like to make the switch to solar but still aren’t certain which solar company to go with, here are our recommendations for providers in Ste. Genevieve:
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 Ste. Genevieve
Factors that Affect Solar Panel Costs in Ste. Genevieve
The cost of installing a solar system in Ste. Genevieve can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
Solar 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 important to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.The 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. In addition, add-on products, such as solar batteries, can bump up your total well above the Ste. Genevieve average.
Solar Financing Terms
Most solar companies in Ste. Genevieve have solar loans, which reduce your upfront costs of installing solar.When estimating your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you get to install your solar panels can affect your pricing. Ste. Genevieve’s solar companies all have different labor costs and add varying upcharges to equipment. The size of the company can sometimes play the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger companies.
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 | $13,412 | 13.1 years |
| 8 kW | $3.44 | $19,249 | $18,260 | 12.8 years |
| 10 kW | $3.37 | $23,590 | $23,296 | 12.6 years |
| 12 kW | $3.30 | $27,742 | $28,522 | 12.3 years |
| 14 kW | $3.24 | $31,705 | $33,936 | 12.1 years |
| 16 kW | $3.17 | $35,479 | $39,539 | 11.8 years |
| 18 kW | $3.10 | $39,065 | $45,330 | 11.6 years |
| 20 kW | $3.03 | $42,462 | $51,311 | 11.3 years |
How to Save on Solar Panels
There are numerous companies to choose from in Ste. Genevieve, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Contract: When looking over 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 component breaking or the company going out of business.
- Warranty: Warranties that cover panel repairs and maintenance over around 25 years are the best you can get in the business, and offering that kind of warranty is one indication of a quality company.
- Reputation: Your solar installer should have a solid reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
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 Ste. Genevieve, MO Solar Cost FAQs
How much does it cost to install solar panels in Ste. Genevieve?
This is a tough question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $16,850 for a 5-kW system and $33,700 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Ste. Genevieve?
Most states have net metering programs of some kind. Through these, you can receive compensation for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Ste. Genevieve?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them once you've had 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.