Benefits of Solar Energy
Solar energy has several advantages that will enhance your home for years to come.
- Lowered energy bills: You can avoid the added cost of grid-tied power by generating some electricity right where you use it.
- Better energy independence: Solar systems with battery backups function through power outages and emergencies, and you won't have to rely on the grid for your safety and comfort.
- Reduced carbon footprint: Using solar is a surefire way to decrease your carbon footprint and home fossil fuel dependency.
What Solar Incentives Are Available to Wichita Homeowners?
Kansas homeowners who upgrade to solar could qualify for tax credits, reimbursements, special financing and rebates. Here are just a few of the local incentive offerings.
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 Wichita
Choosing a company is the first step toward a well-oiled and cost-efficient solar system. Here are some key items 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 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 credentials. Two of the most respected are the Solar Heating Installer and PV Installation Professional certificates, granted 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 Wichita
Different solar panel types look and perform differently. Monocrystalline panels cost more than other options, but they generate the most power. Polycrystalline panels provide a lower price point but produce less power. 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 want to charge an electric car or use your solar power in dark weather, you can pay extra for accessories. By choosing the right components, you can make your system more effective and user-friendly. Not every solar provider provides these add-ons, so look for a contractor that sells them if it's crucial for you.
Generally speaking, it will cost about $16,700 for a five-kilowatt solar array in Wichita. This table lists more specific costs for different solar panel types and system components in your area.
|Solar Panel Cost
|Solar Home EV Charger
Financing Solar Energy in Wichita
Solar providers offer multiple different financing options to increase your savings and lower your costs. Though some providers offer unique payment plans, the most common are solar leases, solar loans, cash payments and power purchase agreements (PPAs). Most solar experts recommend paying cash or using a solar loan. Cash payments demand a large up-front sum, but they save you from 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. Much like a car or home loan, you'll pay a set monthly rate with as little as $0 down. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) lets you pay a monthly rate based only on the energy you use, as with an electric bill. We usually don’t recommend these two options because you won't own the panels and are disqualified from using solar incentives. We recommend working with a provider that offers multiple financing options. Speak with each representative about what's available, and get more than one estimate for the best odds of keeping within your budget.
The table below lists the average payback periods for different capacities of solar systems in Wichita.
A 26% federal tax credit applies to new home solar systems purchased through 2032. Further incentives may be available through local governments, usually in the form of rebates and special financing programs.
|Solar System Capacity
|Estimated Payback period
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Frequently Asked Questions About Solar in Wichita
How much energy and money could I save per year by switching to solar?
Is solar energy easily accessible in Wichita?
Will solar panels increase my Wichita home worth?
How do I care for my new solar system?
What size should my new Wichita solar system be?
How long does it take to pay back a solar loan in Wichita?
What are some "red flags" to watch for as I research companies?
- Aggressive sales pitch
- Dodging questions about cost, references, warranties and training and credentials
- "One-size-fits-all" approach
- Rushing through the site assessment
- No references or testimonials
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