Solar Panel Cost Guide in Alton, TX (2023 Update)
- Alton Solar Installation Cost: $13,387
- 25-Year Savings: $17,670
- Payback Period: 10.8 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Alton
We break down average solar pricing in Alton.
While the national average of solar panels is $2.66 per watt, solar panels in Alton typically cost about 2.69. Because a 7.1-kW system is needed to cover the energy consumption of a typical home in Alton, the average price of going solar will be about $13,388 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of going solar can vary depending on a few factors, such as what size system you need, your energy consumption and what company you go with. But, once you've paid the initial cost of installation, the return on investment for most homeowners is typically fruitful, with a net average savings of about $17,000 over 20 years on electricity bills.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Alton
Year | Return on Investment |
---|---|
1 years | $-13,284 |
3 years | $-13,077 |
5 years | $-12,870 |
7 years | $-12,663 |
9 years | $-12,456 |
11 years | $-12,249 |
13 years | $-12,042 |
15 years | $-11,834 |
17 years | $-11,627 |
19 years | $-11,420 |
21 years | $-11,213 |
23 years | $-11,006 |
25 years | $-10,799 |
Top Solar Installers in Alton
Many homeowners choose to hire a solar panel installer since trying to put up solar panels by yourself can be a labor-intensive endeavor. The expertise that solar installers provide can be useful as well, especially if you don't quite know what kind of solar equipment you need.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some in Alton:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Alton
Factors that Affect Solar Panel Costs in Alton
The cost of installing a solar system in Alton can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,690. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose 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 in the long run on your power bills. In addition, add-on products, like solar batteries, can bring your total well above the Alton average.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That's why many Alton homeowners decide to finance their solar panel systems to make paying for solar more affordable. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
Finally, the company you hire to install your solar system can impact how much you pay. Alton's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle 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 | $2.80 | $11,750 | $14,460 | 11.2 years |
8 kW | $2.74 | $15,365 | $19,582 | 11.0 years |
10 kW | $2.69 | $18,830 | $24,854 | 10.8 years |
12 kW | $2.64 | $22,144 | $30,277 | 10.6 years |
14 kW | $2.58 | $25,308 | $35,850 | 10.3 years |
16 kW | $2.53 | $28,320 | $41,574 | 10.1 years |
18 kW | $2.47 | $31,182 | $47,449 | 9.9 years |
20 kW | $2.42 | $33,894 | $53,474 | 9.7 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: When making the switch to solar, it's essential to keep an open line of communication with your solar panel company. See to it that you understand how the installation process works and the project completion timeline.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: It's important to read your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Alton, TX Solar Cost FAQs
How much does it cost to install solar panels in Alton?
This is a tough question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $13,450 for a 5-kW system and $26,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Alton?
You can't get solar panels for free in Alton. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
How much can I save on power bills after switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Alton, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
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 opt to replace them after having them for that long or you can keep using 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.