Solar Panel Cost Guide in Austin, AR (Dec 2022)

  • Austin Solar Installation Cost: $14,846
  • 25-Year Savings: $22,633
  • Payback Period: 9.9 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Austin

Find out what the average cost of solar panel installation is in Austin.

In Austin, solar panels cost about $3 per watt on average. To account for the typical energy usage of the average home in Austin, most homeowners require a 8.3-kilowatt system. Using the figure above, a solar installation costs about $14,846, or $10,986 after the federal solar tax credit of 30% is applied.

Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may look quite different based on your household energy needs, the type of equipment you want to get, your solar contractor and more. Many homeowners find going solar is a sound investment. The average homeowner in Austin can save around $17,000 on their power bills over 20 years.

To see your potential savings and connect with a local solar expert, click the button below.

Solar savings over time in Austin

Year Return on Investment
1 years $-13,347
3 years $-10,349
5 years $-7,350
7 years $-4,352
9 years $-1,354
11 years $1,645
13 years $4,643
15 years $7,642
17 years $10,640
19 years $13,638
21 years $16,637
23 years $19,635
25 years $22,633

Top Solar Installers in Austin

Trying to install solar panels yourself can be a difficult undertaking, which is why using a solar installer is a good option for many homeowners. The expertise that solar installers offer can be helpful as well, especially if you aren't sure what brand of solar equipment would be right for your home.

If you'd like to make the switch to solar but still aren't certain which solar panel company to go with, here are our recommendations for providers nearby:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

Best Warranty Coverage

Sunpro Solar

★★★★★
4.0

  • Industry-leading warranty coverage
  • Expansive service area
  • Some reported communication issues
  • No leases or PPAs

See all of the solar companies in Austin

Factors that Affect Solar Panel Costs in Austin

The cost of installing a solar system in Austin can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar company you choose.

Solar Equipment

System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. For that reason, it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your power bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Austin average.

Solar Financing Terms

For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are provided by most installers in Austin, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it'll take to pay back the loan.

Solar Panel Installation Company

The solar installer you select will impact your total cost to make the switch to solar energy. Different companies will bill different amounts for the equipment and labor. Larger national companies generally have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.

Solar Panel Cost Data by System Size

System size Cost per system watt Solar system cost 25-Year savings Payback period
6 kW $2.64 $11,095 $15,826 10.3 years
8 kW $2.59 $14,508 $21,386 10.1 years
10 kW $2.54 $17,780 $27,088 9.9 years
12 kW $2.49 $20,909 $32,933 9.7 years
14 kW $2.44 $23,896 $38,919 9.5 years
16 kW $2.39 $26,741 $45,048 9.3 years
18 kW $2.34 $29,444 $51,319 9.1 years
20 kW $2.29 $32,004 $57,733 8.9 years

How to Save on Solar Panels

Since the model of solar panels and the company you choose considerably influences your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:

  • Installation Process: When making the switch to solar, it's necessary to maintain an open line of communication with your solar installer. Confirm that you understand how the installation process works and the project timeline.
  • Contract: It's important to look over your solar installer's contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
  • Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you hire.
  • Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases provide quality solar panel installation and expertise.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

Best Warranty Coverage

Sunpro Solar

★★★★★
4.0

  • Industry-leading warranty coverage
  • Expansive service area
  • Some reported communication issues
  • No leases or PPAs

EcoWatch's Austin, AR Solar Cost FAQs

How much does it cost to install solar panels in Austin?

This is a hard question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $12,700 for a 5-kW system and $25,400 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.

Is cost the most important thing to consider when buying solar panels?

The upfront cost is a crucial factor to consider, but whether it's the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.

Do solar panels increase the value of your home?

Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Austin is currently $150,207, which means you can look forward to a value of about $6,158 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Austin is a fruitful investment.

How many solar panels should I get to power my home?

To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.

Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.

Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.

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