Solar Panel Cost Guide in Keyser, WV (2024 Update)
- Keyser Solar Installation Cost: $26,330
- 25-Year Savings: $25,794
- Payback Period: 14.2 Years
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Average Cost of Solar Panels in Keyser
Let’s have a look at the average cost of solar panels in Keyser.
In Keyser, solar panels cost about 3 per watt on average.To account for the typical energy usage of the average home in Keyser, most homeowners require a 11.1-kilowatt system. Using the per-watt figure above, a solar installation costs about $26,330, or $37,652 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The exact cost of going solar can vary quite a bit based on several factors, such as how many panels you need, your energy consumption and what installation company you go with.With typical savings of about $16,000 on energy bills over 20 years, many homeowners in Keyser find installing solar panels can be quite rewarding.
Click the button below to get connected to a highly rated solar installer in your area for a custom quote.
Solar savings over time in Keyser
| Year | Return on Investment |
|---|---|
| 1 years | $-24,900 |
| 3 years | $-22,041 |
| 5 years | $-19,183 |
| 7 years | $-16,324 |
| 9 years | $-13,465 |
| 11 years | $-10,606 |
| 13 years | $-7,747 |
| 15 years | $-4,888 |
| 17 years | $-2,029 |
| 19 years | $830 |
| 21 years | $3,689 |
| 23 years | $6,548 |
| 25 years | $9,407 |
Top Solar Installers in Keyser
Although you can install solar panels yourself, it requires extra time and expertise. That's why most people choose a solar panel installer. Solar installers provide key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
If you’d like to go solar but still aren’t certain which solar system company to go with, here are our recommendations for providers near you:
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 Keyser
Factors that Affect Solar Panel Costs in Keyser
For many Keyser homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Keyser, with typical prices between $20,000 to $40,000. There are a few factors that significantly influence the price you’ll pay, which we'll go over below.
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 consumes, the larger your system will likely need to be. You can expect to spend around $3,390 per kilowatt in Keyser.The type of 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, higher efficiency could save you more over time on your electric bills. Additionally, add-on products, like solar batteries, can bring your total well above the Keyser average.
Solar Financing Terms
Most solar companies in Keyser have solar loans, which reduce the initial cost of installing solar panels.When trying to figure out 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 lower the total interest paid over time.
Solar Panel Installation Company
The solar panel installation company you select will impact your total cost to go solar. Different companies will charge different amounts for the equipment and labor.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 cost more. It’s best to do some research and find a company that provides the products, warranties and services you want and also fit into 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 | $3.53 | $14,808 | $10,229 | 14.8 years |
| 8 kW | $3.46 | $19,364 | $14,018 | 14.5 years |
| 10 kW | $3.39 | $23,730 | $17,997 | 14.2 years |
| 12 kW | $3.32 | $27,906 | $22,166 | 13.9 years |
| 14 kW | $3.25 | $31,893 | $26,524 | 13.6 years |
| 16 kW | $3.19 | $35,690 | $31,073 | 13.4 years |
| 18 kW | $3.12 | $39,297 | $35,811 | 13.1 years |
| 20 kW | $3.05 | $42,714 | $40,739 | 12.8 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be a challenge, we have some tips to help you, such as:
- Contract: Although reading through a contract can take a lot of time, it’s important to do it carefully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Solar Panel Brands: The brand of solar panel you’d like plays a part in which installer you should choose, since different companies have access to different panels.
- Warranty: Warranties that cover panel repairs and maintenance over a long period of time such as 25 years are the best you can get in the business, and offering such a warranty is one mark of a good company.
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 Keyser, WV Solar Cost FAQs
How much does it cost to install solar panels in Keyser?
The average cost of solar panels in Keyser is about $16,950 for a 5-kW system and $33,900 for a 10-kW system before the ITC, but the actual cost will depend on things like the model of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Keyser?
Leasing solar panels can be an appealing choice, as it often comes with low or $0 upfront payments. The drawback 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 option if you want to get the most savings.
Is going solar worth it?
Solar panels can be a beneficial investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already reasonably low, solar panels might not be for you.
How long do solar panels last in Keyser?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can continue to use 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.