Benefits of Solar Energy
Solar energy has several advantages that will enhance your home for years to come.
- Better energy independence: Adding a solar battery lets you have trustworthy energy during grid outages and storms.
- Reduced carbon footprint: Solar is one of the universe's most abundant clean energy sources, meaning you can lower or beat your home's dependence on "traditional" sources.
- Lowered energy bills: You can dodge the expensive cost of grid-tied power by generating some electricity at home.
What Solar Incentives Are Available to Lenexa Homeowners?
Kansas homeowners who decide on solar could qualify for tax credits, special financing, reimbursements and rebates. Here are just a few of the local incentive programs.
Incentive Type: Property Tax IncentiveWebsite: in.gov
Solar energy systems used for heating or cooling: out-of-pocket expenditures by the owner for the components and labor
Wind, hydroelectric, geothermal, solar thermal, solar PV, and other solar energy systems: the assessed value of the system
Incentive Type: Personal Tax CreditWebsite: ecowatch.com
30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.
How To Choose the Best Solar Company in Lenexa
The more thorough your company investigation is, the better your solar installation will ultimately work. Here are some crucial criteria to bear in mind while shopping for a solar company.
Licensing and Training
In Kansas, the state government doesn't issue solar contracting licenses, though some cities issue and require their own licenses for projects within their borders. Solar providers can also earn certificates from standards organizations and trade groups. The most prestigious ones in the industry come from the NABCEP. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.
Cost of Solar Panels in Lenexa
Different solar panel types look and perform differently. Monocrystalline panels cost more than other options, but they generate the most power. Polycrystalline panels produce less power, but start at a more budget-friendly price point. Thin-film panels work well for small projects like RVs and sheds, but they're not ideal for larger installations due to their low performance.
If you need to charge an electric vehicle (EV) or use your solar power in inclement weather, you can pay extra for accessories. By selecting the right components, you can make your panel array more productive and convenient to use. Not all solar providers provide these additional features, so look for a provider that installs them if it's important for you.
A majority of Lenexa homeowners choose solar systems rated for five kilowatts (kW) of electrical capacity. These systems run about $16,700 to set up, considering both parts and installation. You can find more specific cost information in the table.
|Solar Panel Cost
|Solar Home EV Charger
Financing Solar Energy in Lenexa
There are various ways to pay for a solar energy system, and the right one will lower your costs. A few of the most common options include cash payments, power purchase agreements (PPAs), leases, and loans. Though it requires a large up-front payment, cash is the most affordable choice because it doesn't accrue interest and qualifies you for incentives. Solar loans are the next best option. As with a car loan or mortgage, you'll pay a monthly rate towards system ownership, including interest. You can still apply for cost-saving solar incentives, and depending on your lender, you could put as little as $0 down. Solar leases allow you to pay a monthly fee to rent your panels, while a power purchase agreement lets you pay a fluctuating rate based on only the energy you use. We generally advise against these options since you won't own your system and are disqualified from solar incentives, but they might be appropriate in specific circumstances. We advise working with a contractor that offers multiple financing options. Talk to each consultant about what's available, and acquire more than one estimate for the best odds of staying within your budget.
The table below lists the average payback periods for different capacities of solar systems in Lenexa.
You can claim a 26% federal tax credit from the IRS for new residential solar systems purchased before 2032. Additionally, utilities and local governments may have their own rebates and financing plans that could reduce your total cost even more.
|Solar System Capacity
|Estimated Payback period
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Frequently Asked Questions About Solar in Lenexa
How much energy and money could I save per year by switching to solar?
Is solar energy easily accessible in Lenexa?
Should I anticipate a property value increase after going solar?
What if I live in a dark or rainy
What's a Lenexa solar panel's average lifespan?
Is solar panel installation a quick job?
How can I boost my solar array's performance?
- optimize the panels' position with your solar installer
- regularly clean your solar panels
- upgrade to a more efficient inverter trim or cut down trees in the way of your panels
- use energy-efficient appliances
What are the signs I shouldn't use a particular solar company for my job?
- Aggressive sales pitch
- Not being straightforward about references, warranties, cost and credentials and training
- Limited or no customization
- Superficial, rushed site evaluation
- More mixed or negative reviews than positive ones
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