Solar Panel Cost Guide in Willard, MO (2025 Update)
- Willard Solar Installation Cost: $16,665
- 25-Year Savings: $20,153
- Payback Period: 12.6 Years
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Average Cost of Solar Panels in Willard
We break down average solar pricing in Willard.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Willard, the average cost of a solar system is 3 per watt.The average solar panel system size in Willard is around 7.1 kilowatts, meaning a cost of about $16,665 for a solar installation, or $23,831 before the 0 federal solar tax credit is applied.
These figures are only averages, and the cost of going solar for you may look different based on factors unique to your home and what company you want to go with.With typical savings of about $19,000 on energy bills over 20 years, many homeowners in Willard find installing solar panels has a decent ROI.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Willard
| Year | Return on Investment |
|---|---|
| 1 years | $-14,992 |
| 3 years | $-11,645 |
| 5 years | $-8,297 |
| 7 years | $-4,950 |
| 9 years | $-1,603 |
| 11 years | $1,744 |
| 13 years | $5,092 |
| 15 years | $8,439 |
| 17 years | $11,786 |
| 19 years | $15,133 |
| 21 years | $18,480 |
| 23 years | $21,828 |
| 25 years | $25,175 |
Top Solar Installers in Willard
Many homeowners decide to use a solar panel company since trying to install solar panels on your own can be time-consuming. Solar warranties and repairs are often included in the cost of installation when you go with a solar contractor too, which can save you more money over time.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Willard
Factors that Affect Solar Panel Costs in Willard
Although the average cost of a solar system in Willard is $16,665, your actual cost may be higher or lower than that. There are many factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. 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 model of solar panels and equipment you choose is another factor that will largely impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Plus, solar equipment consists of more than just the solar panels themselves. You’ll also need to think 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 falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are available from most installers in Willard, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible.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 securing a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The remaining significant cost factor you should take into consideration is the installer you choose. Given the booming popularity of green energy solutions in Willard, you’ll have plenty of options to choose from, but each comes at various price points for labor and equipment.Additionally, some companies in Willard are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. 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 | $13,274 | 13.1 years |
| 8 kW | $3.44 | $19,249 | $18,076 | 12.9 years |
| 10 kW | $3.37 | $23,590 | $23,066 | 12.6 years |
| 12 kW | $3.30 | $27,742 | $28,246 | 12.4 years |
| 14 kW | $3.24 | $31,705 | $33,614 | 12.1 years |
| 16 kW | $3.17 | $35,479 | $39,171 | 11.9 years |
| 18 kW | $3.10 | $39,065 | $44,916 | 11.6 years |
| 20 kW | $3.03 | $42,462 | $50,851 | 11.4 years |
How to Save on Solar Panels
The solar panel company you opt for will impact not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should consider, including:
- Warranty: If you care about the longevity of your solar panel system, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Long-running companies 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 adequate aftercare and customer service, such as part repairs and replacements.
- Contract: When reading through your solar company’s contract, ask for clarification 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.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Willard, MO Solar Cost FAQs
How much does it cost to install solar panels in Willard?
This is a tough question to answer exactly, because the cost depends on a variety of 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 other 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 opt for a smaller solar panel system or less efficient solar panels.
What other factors should I consider in addition to cost when buying solar panels?
Cost is a crucial factor to consider, but whether it’s the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Can solar panels significantly reduce my energy bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Willard, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home requires 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.