Solar Panel Cost Guide in Aberdeen, SD (2024 Update)
- Aberdeen Solar Installation Cost: $22,225
- 25-Year Savings: $21,865
- Payback Period: 15.1 Years
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Average Cost of Solar Panels in Aberdeen
Here’s how much it might cost to go solar in Aberdeen.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Aberdeen, the typical cost of a solar system is 4 per watt.The average Aberdeen homeowner needs a 8.9-kilowatt system, which would cost about $22,225 with the federal tax credit, or $31,782 before the 0 tax credit is applied.
These figures are just averages, and the cost of going solar for you may look different based on factors unique to your home and what company you go with.But, once you've paid the initial cost of installation, the payback for most homeowners is quite rewarding, with a net average savings of about $16,000 over 20 years on power bills.
You can click the button below to get connected with a pre-vetted solar company in Aberdeen for a quote for your home.
Solar savings over time in Aberdeen
| Year | Return on Investment |
|---|---|
| 1 years | $-20,874 |
| 3 years | $-18,173 |
| 5 years | $-15,473 |
| 7 years | $-12,772 |
| 9 years | $-10,071 |
| 11 years | $-7,370 |
| 13 years | $-4,670 |
| 15 years | $-1,969 |
| 17 years | $732 |
| 19 years | $3,433 |
| 21 years | $6,133 |
| 23 years | $8,834 |
| 25 years | $11,535 |
Top Solar Installers in Aberdeen
DIY solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Hiring an installer can make your switch to solar power much easier. Some solar companies, particularly local ones, can help you make the most of incentives in Aberdeen, optimizing your ROI.
If you’d like to switch to solar energy but still aren’t certain which solar company to go with, here are our recommendations for providers in Aberdeen:
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 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 Aberdeen
Factors that Affect Solar Panel Costs in Aberdeen
Even though the average cost of a solar system in Aberdeen is $22,225, your actual cost may be above or below the average. There are several factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,580. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get 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, higher efficiency could save you more in the long run on your power bills. In addition, extra products, like solar batteries, can bring your total well above the Aberdeen average.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a big investment. That’s why many Aberdeen homeowners decide to finance their solar panel systems to make paying for solar more affordable.However, the interest on solar loans also adds to your total costs, so it’s crucial to consider that as well. You can always lower the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The last significant cost factor you should take into consideration is the installer you choose. Given the booming popularity of renewable energy solutions in Aberdeen, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.The company’s size can sometimes play the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing due to greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down 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 | $3.72 | $15,637 | $9,193 | 15.7 years |
| 8 kW | $3.65 | $20,449 | $12,658 | 15.4 years |
| 10 kW | $3.58 | $25,060 | $16,324 | 15.1 years |
| 12 kW | $3.51 | $29,471 | $20,190 | 14.8 years |
| 14 kW | $3.44 | $33,681 | $24,257 | 14.5 years |
| 16 kW | $3.37 | $37,690 | $28,524 | 14.2 years |
| 18 kW | $3.29 | $41,499 | $32,992 | 13.9 years |
| 20 kW | $3.22 | $45,108 | $37,660 | 13.6 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Contract: Though reading through a contract can be tedious, it’s important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: The type of solar panel you want to get plays a role in which company you should choose, since different companies provide different panels.
- Installation Process: Make sure you’re on the same page with the installer in regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating your electrical system or roof.
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 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 Aberdeen, SD Solar Cost FAQs
How much does it cost to install solar panels in Aberdeen?
This is a tough question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $17,900 for a 5-kW system and $35,800 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
What other factors should I consider other than cost when buying solar panels?
The upfront cost is a key factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Does Aberdeen have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future utility bills.
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 how much sunlight your roof gets. You can 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 install 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.