Solar Panel Cost Guide in Dallas, PA (2023 Update)
- Dallas Solar Installation Cost: $12,406
- 25-Year Savings: $11,380
- Payback Period: 13.0 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Dallas
We break down average solar pricing in Dallas.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Dallas, the average cost of a solar system is 2.55 per watt. To cover the typical energy usage of the average home in Dallas, most homeowners require a 7.0-kilowatt system. Using the per-watt figure above, a solar installation costs around $12,406, or $17,741 before the federal solar tax credit of 30% is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Dallas homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. But, once you've paid the initial cost of installation, the savings for most homeowners is usually good, with a net average savings of about $13,000 over 20 years on electricity bills.
To get a free quote from a top solar company in Dallas, you can click the button below.
Solar savings over time in Dallas
| Year | Return on Investment |
|---|---|
| 1 years | $-11,454 |
| 3 years | $-9,551 |
| 5 years | $-7,649 |
| 7 years | $-5,746 |
| 9 years | $-3,843 |
| 11 years | $-1,940 |
| 13 years | $-37 |
| 15 years | $1,866 |
| 17 years | $3,769 |
| 19 years | $5,671 |
| 21 years | $7,574 |
| 23 years | $9,477 |
| 25 years | $11,380 |
Top Solar Installers in Dallas
When switching to solar energy, many homeowners choose to go with a solar installer since DIY solar panel installation can be a time-consuming project. Also, companies with a good reputation that cost more upfront could actually save you money in the long run because of their warranties, repair services and expert design.
If you'd like to start using solar energy but still aren't sure which solar system installer to go with, here are our recommendations for providers nearby:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Dallas
Factors that Affect Solar Panel Costs in Dallas
For many Dallas homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Dallas, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar panel system in Dallas, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy consumption, which you can gauge by looking at past power bills. Your overall cost can increase by about $2,550 for each additional kilowatt you need. The model of solar panels and equipment you choose is another factor that will significantly impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Furthermore, solar equipment is more than just the solar panels themselves. You'll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that's in your budget.
Solar Financing Terms
Most solar companies in Dallas have solar loans, which reduce the initial cost of installing a solar system. Even though solar loans make adopting solar energy more accessible for Dallas homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panel system can play a role in determining the cost. Dallas' solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices due to their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.65 | $11,138 | $9,403 | 13.6 years |
| 8 kW | $2.60 | $14,566 | $12,823 | 13.3 years |
| 10 kW | $2.55 | $17,850 | $16,386 | 13.0 years |
| 12 kW | $2.50 | $20,992 | $20,092 | 12.8 years |
| 14 kW | $2.45 | $23,990 | $23,940 | 12.5 years |
| 16 kW | $2.40 | $26,846 | $27,931 | 12.3 years |
| 18 kW | $2.35 | $29,560 | $32,065 | 12.0 years |
| 20 kW | $2.29 | $32,130 | $36,342 | 11.7 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. While there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you ask for their list of offerings before making your decision.
- Contract: Review the contract terms carefully to make sure you understand the total cost, completion timeline rebates and warranties.
- Warranty: A comprehensive, long-term warranty can help keep your solar panel system running for years to come and save you money on part replacement and repairs.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be done and how long it will take.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Dallas, PA Solar Cost FAQs
How much does it cost to install solar panels in Dallas?
The average cost of solar panels in Dallas is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will solar panels impact my property value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Dallas is currently $190,001, so you can look forward to a value of about $7,790 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Dallas is a worthwhile investment.
How long do solar panels last in Dallas?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.