Benefits of Solar Energy
Solar energy provides numerous advantages that will enhance your home for years to come.
- Reduced carbon footprint: The sun is one of the universe's most abundant clean energy sources, meaning you can lower or beat your home's dependence on "traditional" sources.
- Better energy independence: Solar panels can keep your home functioning through blackouts and emergencies. You can use your solar energy anytime with an optional battery storage system.
- Lowered energy bills: You can skip the expensive cost of grid-tied power by generating some electricity at home.
What Solar Incentives Are Available to Overland Park Homeowners?
The state of Kansas offers a number of solar incentives to help offset your solar system costs. Check out a breakdown of available solar programs where you live.
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 Overland Park
The more comprehensive your company research is, the better your photovoltaic system will ultimately perform. Here are some important factors to keep in mind while searching for a solar specialist.
Licensing and Training
In Kansas, the state government doesn't issue solar contracting licenses, though some counties issue and require their own licenses for projects within their borders. You should also visit a company's website to learn about its private accreditations. Two of the most respected are the PV Installation Professional and Solar Heating Installer certificates, awarded by the North American Board of Certified Energy Practitioners (NABCEP). Some companies don't publish this information online, so you should also ask your estimator about them.
Cost of Solar Panels in Overland Park
Your solar panels' model will impact how much power you can produce. Monocrystalline panels cost the most but perform the best. Polycrystalline panels generate less, but they're a great traditional option for low budgets. Thin-film panels are excellent for non-traditional roof shapes and cost the least, but don't work well for large residential installations.
Additional components, such as battery storage and electric vehicle (EV) chargers, will increase your overall costs. However, they might make your solar system more efficient and convenient to use. Not all solar companies provide these optional components, so look for a provider that installs them if it's essential for you.
Most Overland Park homeowners choose solar systems designed for five kilowatts (kW) of electrical capacity. These systems cost about $16,700 to install, considering both materials and labor. You can find more specific cost information in the table.
|Solar Panel Cost
|Solar Home EV Charger
Financing Solar Energy in Overland Park
There are a plethora of ways to pay for a solar energy system, and the right one will minimize your overhead. A few of the most common options include loans, leases, cash payments, and power purchase agreements (PPAs). Most solar experts recommend a cash payment or using a solar loan. Cash payments demand a large up-front sum, but they help you avoid paying interest, grant you system ownership, and qualify you for cost-saving incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Like a home or auto loan, you'll pay a set monthly rate with 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 don't recommend these options since you will not have ownership of your system and are disqualified from solar incentives, but they might be suitable in particular circumstances. Look for providers that offer multiple payment plans to find the right fit for your budget.
The table below lists the average payback periods for different capacities of solar systems in Overland Park.
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 Overland Park
How much energy and money could I save per year by switching to solar?
How widespread is solar energy in Overland Park?
Will a solar PV system boost my Overland Park home worth?
How long will a standard solar system last?
How do I care for my new solar system?
What's the average solar system size in Overland Park?
How can I enhance 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 is "net metering," and how does it work?
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