Solar Panel Cost Guide in Amarillo, TX (2025 Update)
- Amarillo Solar Installation Cost: $16,859
- 25-Year Savings: $23,696
- Payback Period: 11.3 Years
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Average Cost of Solar Panels in Amarillo
Let’s take a look at the average cost of solar panels in Amarillo.
The average cost of a solar panel system in Amarillo is 3 per watt.Using this figure, a typical 7.2-kW system would cost about $16,859 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Amarillo 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 return on investment for most homeowners is usually rewarding, with a net average savings of about $20,000 over 20 years on utility bills.
Click the button below to get connected to a vetted solar installer in Amarillo for a custom quote.
Solar savings over time in Amarillo
| Year | Return on Investment |
|---|---|
| 1 years | $-15,543 |
| 3 years | $-12,911 |
| 5 years | $-10,278 |
| 7 years | $-7,646 |
| 9 years | $-5,013 |
| 11 years | $-2,381 |
| 13 years | $251 |
| 15 years | $2,884 |
| 17 years | $5,516 |
| 19 years | $8,149 |
| 21 years | $10,781 |
| 23 years | $13,414 |
| 25 years | $16,046 |
Top Solar Installers in Amarillo
DIY solar panel installation is a possibility, but it's an undertaking that can be a headache. Using an installer can make your swap to solar power much easier. Some solar companies, particularly local ones, can help you take advantage of incentives in Amarillo, optimizing your ROI.
There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:
See all of the solar companies in Amarillo
Factors that Affect Solar Panel Costs in Amarillo
There are a number of criteria that can play into your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production need 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 $3,330.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Amarillo, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are provided by most installers in Amarillo, which can bring down, or in some cases completely eliminate, your upfront costs to make 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
The solar installer you hire to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar panel companies operating in Amarillo, and each can charge varying amounts for labor and equipment.Larger national companies generally have lower costs, but some local companies keep up with them by promoting 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 | $3.46 | $14,545 | $16,410 | 11.7 years |
| 8 kW | $3.40 | $19,021 | $22,253 | 11.5 years |
| 10 kW | $3.33 | $23,310 | $28,282 | 11.3 years |
| 12 kW | $3.26 | $27,413 | $34,498 | 11.1 years |
| 14 kW | $3.20 | $31,329 | $40,900 | 10.8 years |
| 16 kW | $3.13 | $35,058 | $47,489 | 10.6 years |
| 18 kW | $3.06 | $38,601 | $54,264 | 10.4 years |
| 20 kW | $3.00 | $41,958 | $61,226 | 10.2 years |
How to Save on Solar Panels
The solar panel company you go with will influence not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should keep in mind, including:
- Contract: Even though reading through a contract can take a lot of time, it’s important to do it thoroughly so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can verify your installer’s reputation is by reading reviews.
- Warranty: If you’re worried about the endurance of your solar panel system, verifying that your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: When making the switch to solar, it’s crucial to maintain an open line of communication with your solar installer. Confirm that you understand how the installation process will go and the project timeline.
EcoWatch's Amarillo, TX Solar Cost FAQs
How much does it cost to install solar panels in Amarillo?
The average cost of solar panels in Amarillo is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the actual cost will depend on things like the model of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Amarillo?
Leasing solar panels can be an appealing choice, because 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 tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to get the most savings.
Can you sell solar power back to the grid in Amarillo?
The majority of states offer net metering programs of some kind. Through these, you can be compensated for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires 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 home 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.