Solar Panels Cost 12k-23k in McPherson, KS | October, 2024

Solar Panels Cost $12k-$23k in McPherson, KS | October, 2024

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

It costs about $3.68/W to go solar in October, 2024 in McPherson, KS.

For every 1000 watts (1 kW) your solar system can produce, you will need to invest, on average, $3,680 to have it installed. In McPherson, the cost of a 5 kW panel install is typically $12,880, after a 30% federal tax credit. In accordance with your energy consumption, your home might need a larger system.

Select your county from the menu on the left to view the average roof size and maximum residential solar capacity for homes in your area. Below, you can see a full breakdown of the price, payback period, and 20-year average savings for a 5 kW system in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
McPherson: $12,880US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
McPherson: 12 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
McPherson: $3,495US Average: $15,784

Solar Potential in McPherson

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

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

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

The average monthly electric bill for a McPherson energy consumer is $91.23, based on an typical usage of 1,044 kWh. Keep in mind, this statistic includes smaller residential units such as apartments, which generally have reduced energy consumption.

As of October 2024, the mean rate for electricity per kWh in McPherson, KS is 8.74¢.

Average electricity users in McPherson will require a solar power system of 9 kW or higher to take care of all of their electricity requirements. The initial cost for a 9 kW setup amounts to $33,120, but with a 30% tax credit, your cost is reduced to $23,184.

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Average solar panel costs by system size in McPherson

On the left side below, you can find a detailed cost breakdown for different solar panel system sizes installed in McPherson. A bigger solar array will obviously cost more, but it will also offer more significant electricity savings and more substantial income tax credits.

The solar panel cost calculator down and to the right details costs and benefits, based on an average $91.23 electric bill in McPherson If you want tailored results, modify the $91.23 to your average electricity bill amount.

System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $694 a year
Est. Price
$12,880
Savings from a 5kWthis system
  • Est. yearly production 7,713 kWh
  • Est. monthly savings $58
  • Full payback in 12 years
Environmental Impacts
  • Reduces CO2 emissions by 3.97 tons a year
  • Equivalent to planting 183 trees a year
  • Equivalent to driving 9,836 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $833 a year
Est. Price
$15,456
Savings from a 6kWthis system
  • Est. yearly production 9,256 kWh
  • Est. monthly savings $69
  • Full payback in 14 years
Environmental Impacts
  • Reduces CO2 emissions by 4.77 tons a year
  • Equivalent to planting 219 trees a year
  • Equivalent to driving 11,804 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $972 a year
Est. Price
$18,032
Savings from a 7kWthis system
  • Est. yearly production 10,799 kWh
  • Est. monthly savings $81
  • Full payback in 16 years
Environmental Impacts
  • Reduces CO2 emissions by 5.56 tons a year
  • Equivalent to planting 256 trees a year
  • Equivalent to driving 13,771 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,111 a year
Est. Price
$20,608
Savings from a 8kWthis system
  • Est. yearly production 12,341 kWh
  • Est. monthly savings $91
  • Full payback in 19 years
Environmental Impacts
  • Reduces CO2 emissions by 6.25 tons a year
  • Equivalent to planting 287 trees a year
  • Equivalent to driving 15,473 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,250 a year
Est. Price
$23,184
Savings from a 9kWthis system
  • Est. yearly production 13,884 kWh
  • Est. monthly savings $91
  • Full payback in 21 years
Environmental Impacts
  • Reduces CO2 emissions by 6.25 tons a year
  • Equivalent to planting 287 trees a year
  • Equivalent to driving 15,473 mi less a year

McPherson Solar Panel Installation Incentives & Rebates | 2024

The REAP Grant can potentially cover between 80% and 100% of the installation costs for solar energy or wind turbines for rural small businesses and agricultural businesses. If you feel you might be eligible, try our REAP Grant eligibility tool to confirm your qualification.

Homeowners can benefit from a 30% federal income tax credit for installing residential solar panels, making solar power a feasible option in much of the country. A number of state and local programs are set up to enhance the adoption of solar energy.

There are 2 solar incentive and rebate programs in Kansas, provided by different utilities and governmental agencies.

Solar incentives in KS

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?

For those expecting to remain in their homes after the solar system's payback period, adding solar panels is a clear choice in McPherson. Over a 20 year period, a 5 kW solar system in McPherson, KS could save you approximately $9,015.2, with the average break even time being 12 years.

The cost of not having solar panels in McPherson, KS

In addition to missing out on the savings mentioned previously, not installing solar panels or another form of backup power leaves you completely dependent on your electric utility. Full reliance on your utility isn't always the best scenario as the news has recently highlighted.

Each year, the average number of outages per customer in McPherson is about 0.09. Outages typically last for an average of 8.21 minutes. Major occurrences like thunderstorms, planned maintenance, or aging infrastructure can lead to a significant rise in these time frames.

A solar panel system, with or without a backup battery, could help mitigate the effects of future outages you might encounter.

Power Outages

Currently, 0 customers are being tracked in McPherson County.

Learn more

Customers Out:

0

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

Your Energy Needs - Even though larger solar panel systems are more expensive initially, the average price per watt reduces as the system size increases. Consumers often find that setting up a solar system to fully cover their electric bill is a smart choice, leading to the most savings.

Make & Model - There are a variety of makes and models of solar panels. The contractor’s preference for brand makes it essential to select a recommended installer. Better makes and models typically provide an enhanced long-term experience for the buyer.

Solar Panel Type - There's a good reason why monocrystalline panels are now considered the industry standard. They have a higher price, but they produce more energy. Many solar panel installers prefer this type of material.

Your Property - No two properties or homes are identical. Rough terrain, trees, or additional considerations can increase the difficulty of the installation. Solar installers today frequently utilize satellite imagery to evaluate your home and factor in these factors into the preliminary cost estimate.

Labor Rates - Various wages are offered to employees by various companies, and these costs are transferred to the consumers. Higher wages often lead to businesses getting better reviews for their services and customer service.

Permitting & Interconnection - Local permitting and utility level interconnection fees differ by area and will affect your final install price. That said, reputable local installers will be able to incorporate these numbers into your initial quotes so there are no surprises.

See what solar panels cost in other KS cities

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Who are the best solar installers in McPherson?

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.

McPherson, KS Solar Panel Cost FAQs

  • As of October, 2024, the average per-watt cost for solar panels in McPherson, KS is $3.68/W. In McPherson, KS, the cost of installing a 5 kW solar panel system is approximately $12,880 after applying the federal tax credit.
  • At present, there are 2 rebates and incentives available to Kansas residents from various utility and government programs. Moreover, nearly everyone is eligible for the 30% federal income tax credit.
  • Choosing to pay cash offers the most savings, but today there are numerous financing options for solar panels that are also financially advantageous. Your preliminary quotes will usually contain financing options available through installers.
  • Yes, in McPherson, KS, the average payback period for 5 kW solar panels is 12 years, resulting in average electricity savings of $9,015.2 over 20 years.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-10-01