Solar Panels Cost 7.7k-18k in Iola, KS | October, 2024

Solar Panels Cost $7.7k-$18k in Iola, KS | October, 2024

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How much do solar panels cost in Iola, KS in 2024?

You'll pay around $3.68/W to go solar in the month of October, 2024 in Iola, KS.

Or in other words, solar panel installations will cost you about $3,680 per 1 kW (or 1000 watts) of production capacity. After deducting the 30% federal tax credit, the cost of a 5 kW solar panel system in Iola typically comes out to approximately $12,880. Keep in mind that a more powerful system may be needed to fulfill your energy demands.

To the left, you can select your county to view the average roof size and average maximum capacity for residential solar on homes in your area. Displayed below is an outline of the price, payback period, and 20-year average savings for a 5 kW system installed in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Iola: $12,880US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Iola: 10 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Iola: $8,377US Average: $15,784

Solar Potential in Iola

Estimated system size and solar electricity production per median viable roof in
Iola.

Roof size 733sq. ft.
Capacity 10.25kW DC
Electricity 12.8kkWh AC per yr.

Electricity Costs in Iola, KS & What that Means for Your Solar Panel Pricing

The typical monthly electricity cost for a Iola consumer is $111.57, with a typical usage of 780 kWh. Remember, this number encompasses smaller residential units such as apartments, which usually have lower energy needs.

Iola, KS's electricity rate averages 14.31¢ per kWh in October 2024.

Average energy consumers in Iola will need a solar panel system with a generation capacity of 7 kW or more to cover their entire electricity usage demands. Currently, a 7 kW solar panel system will cost around $18,032 after incentives.

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Average solar panel costs by system size in Iola

Available below and to the left is the pricing breakdown for multiple sizes of the solar panel systems in Iola. Bigger solar installations come with a higher price, yet they also yield higher electricity savings and larger income tax credits.

The solar panel cost and benefit breakdown, displayed in the calculator to the right and below, is based on an average electric bill of $111.57 in Iola. If you prefer more personalized results, just adjust the $111.57 to whatever your average electricity bill is.

System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $648 a year
Est. Price
$7,728
Savings from a 3kWthis system
  • Est. yearly production 4,628 kWh
  • Est. monthly savings $54
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 2.2 tons a year
  • Equivalent to planting 101 trees a year
  • Equivalent to driving 5,447 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $864 a year
Est. Price
$10,304
Savings from a 4kWthis system
  • Est. yearly production 6,171 kWh
  • Est. monthly savings $72
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 2.93 tons a year
  • Equivalent to planting 135 trees a year
  • Equivalent to driving 7,263 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,080 a year
Est. Price
$12,880
Savings from a 5kWthis system
  • Est. yearly production 7,713 kWh
  • Est. monthly savings $90
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 3.67 tons a year
  • Equivalent to planting 168 trees a year
  • Equivalent to driving 9,078 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,296 a year
Est. Price
$15,456
Savings from a 6kWthis system
  • Est. yearly production 9,256 kWh
  • Est. monthly savings $108
  • Full payback in 12 years
Environmental Impacts
  • Reduces CO2 emissions by 4.4 tons a year
  • Equivalent to planting 202 trees a year
  • Equivalent to driving 10,894 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,512 a year
Est. Price
$18,032
Savings from a 7kWthis system
  • Est. yearly production 10,799 kWh
  • Est. monthly savings $112
  • Full payback in 13 years
Environmental Impacts
  • Reduces CO2 emissions by 4.56 tons a year
  • Equivalent to planting 210 trees a year
  • Equivalent to driving 11,299 mi less a year

Iola Solar Panel Installation Incentives & Rebates | 2024

Rural small business and farm owners might benefit from the REAP Grant, which could cover 80% to 100% of their solar or wind energy installation expenses. Think you fall into this category? Check your qualification with our REAP Grant eligibility tool.

For those considering residential solar, the 30% federal income tax credit is accessible to most people, which makes solar power a wise investment in various parts of the country. Furthermore, several state and local initiatives are in place to further encourage the adoption of solar energy.

Different utilities and governmental organizations in Kansas offer 2 solar rebate and incentive initiatives.

Net Metering

Value:Varies

An act of the Kansas legislature required the state's three investor-owned utilities to enter net metering or parallel generation arrangements with interconnected renewable energy customers. Some cooperatives also offer net metering. Under net metering, utilities compensate customers for net excess generation (NEG) sent back to the grid. A bidirectional meter will be installed at no cost to the customer to track NEG. Credits will automatically be applied toward the customer's monthly bill and roll forward should generation exceed consumption for a given month. Parallel generation operates similarly to net metering, but enrollees may yield higher compensation and direct payments instead of bill credits. Contracts may be shorter-term as utilities are not required to purchase energy above a certain threshold. Certain capacity limits apply depending on the customer's property type. Interested customers should contact their utility.

Renewable Energy Goal

Value:Varies

Kansas first established a renewable portfolio standard in 2009. RPS goals are revisited from time to time, but they exist as fixed percentages rather than timed targets. As of 2020, private utilities and electric co-ops in the state should source at least 20% of their energy from renewable means. Adherence to the standard is measured through a Renewable Energy Credit system. RECs tie a fixed amount of capacity to a dollar value, with each credit expiring two years from its creation. Customers own the credits they generate but are technically required to sell them to utilities through net metering or parallel generation arrangements. Unlike many other states, compliance with the Kansas RPS is voluntary. Utilities are encouraged but not obliged to follow the state's quotas and guidelines.

Are solar panels worth it in Kansas?

If you plan living in your home longer than the solar system's payback period, adding solar panels is an clear decision in Iola. A 5 kW system in Iola, KS will help you save you, on average, $13,896.8 over a 20 period and the average break even point is 10 years.

The cost of not having solar panels in Iola, KS

Besides the savings mentioned earlier, failing to have solar panels or an alternative energy backup means you being wholly dependent on your electric utility for electricity. As recent news articles have shown, total reliance on your utility provider isn't always the best situation.

Allen County utilities have reported 1.12 outages per customer per year recently. On average, the length of an outage is 106.42 minutes. Major events like thunderstorms, aging infrastructure, or vandalism can cause these durations to rise considerably.

A solar panel system could reduce the inconvenience of future outages, even if it lacks a backup battery.

Power Outages

Currently, 0 customers are being tracked in Allen County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Iola, KS?

Your Energy Needs - When opting for larger solar panel systems, the overall expense is greater; however, the cost per watt reduces with an increase in system size. Consumers often find that setting up a solar system to fully cover their electric bill is a beneficial decision, resulting in the most savings.

Make & Model - Just like many products, solar panels are offered in a variety of makes and models. Given the certain system preferences an contractor might have, selecting a reputable contractor is critical. For buyers seeking a superior long-term experience, opting for superior quality equipment is essential.

Solar Panel Type - Monocrystalline panels have earned their place as the standard in the industry, and for good reasons. Although they are more expensive, they generate increased energy. The majority of installers use panels made of this material.

Your Property - Each property and home presents unique challenges. Trees, irregular terrain, or other obstacles may complicate the installation process. These days, satellite images allow many solar installers to evaluate your home and incorporate these factors into the preliminary cost estimate.

Labor Rates - The varying wages that companies offer their employees result in costs that are ultimately passed on to consumers. Businesses frequently receive higher reviews for their work and customer service when they pay higher wages.

Permitting & Interconnection - Regional differences in permitting and utility interconnection fees will influence your installation cost. Reputable local installers will include these numbers into your preliminary quotes to prevent any surprises.

See what solar panels cost in other KS cities

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Who are the best solar installers in Iola?

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Auditing of energy requirements for independent energy generation.

SunPro Solar

Mandeville, LA(866) 599-3643

Services

  • Expertise in consulting on advantageous financing for solar.
  • Auditing of energy requirements for independent energy generation.
  • Installation of batteries for energy storage.
  • Consulting on all things solar related.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Power Home Solar

Mooresville, NC(704) 870-3670

Services

  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Installation of solar arrays.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.

AmpXR

Gladstone, MO(913) 387-9474

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

GRNE Solar

Palatine, IL(312) 859-3417

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Sigora Solar

Charlottesville, VA(434) 465-6192

Services

  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Ideal Energy

Fairfield, IA(800) 634-4454

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

Engie North America

Houston, TX(713) 636-0000

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Solar Design Studio

Platte City, MO(816) 607-1349

Services

  • Installation of batteries for energy storage.
  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

PowerHome Solar

Mooresville, NC(704) 870-3670

Services

  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Empire Solar Group

Salt Lake City, UT(800) 467-4562

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Iola, KS Solar Panel Cost FAQs

  • In Iola, KS, the mean cost per watt for solar panels as recorded in October, 2024 is $3.68/W. Post federal tax credit, a 5 kW solar panel system installation in Iola, KS will roughly cost $12,880.

  • Kansas offers 2 different rebates and incentives from a range of utilities and government organizations. On top of that, nearly everyone can qualify for the 30% federal tax credit.

  • While cash payments provide the most savings, there are now many financing options for solar panels that are also advantageous. Initial quotes from installers will frequently contain information about available financing options.

  • Yes, the typical payback time for 5 kW solar panel systems in Iola, KS is 10 years, and the expected electricity cost savings over 20 years is $13,896.8.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-10-01