Solar Panel Cost Guide in Dallas, OR (2024 Update)
- Dallas Solar Installation Cost: $10,399
- 25-Year Savings: $14,559
- Payback Period: 11.6 Years
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Average Cost of Solar Panels in Dallas
Find out how much it might cost to go solar in Dallas.
While the national average of solar panels is $2.66 per watt, solar panels in Dallas typically cost about 4.Using this figure, a typical 4.2-kW system would cost about $10,399 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Dallas homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.But, once you've paid the upfront cost of installation, the payback for most homeowners is quite good, with a net average savings of about $21,000 over 20 years on electricity bills.
Click the button below to get connected to a top solar panel company in Dallas for a customized quote.
Solar savings over time in Dallas
| Year | Return on Investment |
|---|---|
| 1 years | $-9,189 |
| 3 years | $-6,771 |
| 5 years | $-4,352 |
| 7 years | $-1,934 |
| 9 years | $485 |
| 11 years | $2,904 |
| 13 years | $5,322 |
| 15 years | $7,741 |
| 17 years | $10,160 |
| 19 years | $12,578 |
| 21 years | $14,997 |
| 23 years | $17,415 |
| 25 years | $19,834 |
Top Solar Installers in Dallas
Many homeowners choose to use a solar installation company since figuring out how to install solar panels yourself can be challenging. The payback period on a solar system will vary based on factors like your roof configuration and energy consumption, but going with a solar installer can shorten it. Your provider will be able to help you apply for incentives available in your area.
There are several licensed solar professionals that can help you install your solar system. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Technology
Tesla Energy
- 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
See all of the solar companies in Dallas
Factors that Affect Solar Panel Costs in Dallas
The cost of installing a solar system in Dallas can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. Because of that, it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.There are several different solar panel brands and the one you choose also affects the cost. In many cases, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you’re looking to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are a solid choice because they cut back your upfront costs and let you pay for your system over five to seven years on average.However, the interest on solar loans also adds to your total costs, so it’s important to take that into consideration as well. You can always lower the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
Finally, the company you choose to install your solar panel system can influence your pricing. Dallas’s solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.64 | $15,288 | $16,472 | 12.0 years |
| 8 kW | $3.57 | $19,992 | $22,355 | 11.8 years |
| 10 kW | $3.50 | $24,500 | $28,433 | 11.6 years |
| 12 kW | $3.43 | $28,812 | $34,708 | 11.3 years |
| 14 kW | $3.36 | $32,928 | $41,179 | 11.1 years |
| 16 kW | $3.29 | $36,848 | $47,845 | 10.9 years |
| 18 kW | $3.22 | $40,572 | $54,708 | 10.6 years |
| 20 kW | $3.15 | $44,100 | $61,767 | 10.4 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be a tough decision, we have some tips to help you, such as:
- Contract: Though reading through a contract can be tedious, it’s important to do it fully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Make sure you’re aligned with the installer regarding how the installation process will go and what you need to do before your solar system is installed, such as repairing your electrical system or roof.
- Solar Panel Brands: Different companies will offer various brands and types of panels. If you know you want a specific brand, make sure the solar panel company you’re considering has it.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Technology
Tesla Energy
- 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
EcoWatch's Dallas, OR Solar Cost FAQs
How much does it cost to install solar panels in Dallas?
The average cost of solar panels in Dallas is about $17,500 for a 5-kW system and $35,000 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Dallas?
Leasing solar panels can be an appealing choice, as it commonly comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
Can solar panels significantly reduce my energy bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Dallas, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Dallas?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.