Solar Panel Cost Guide in Andrews, TX (2023 Update)
- Andrews Solar Installation Cost: $12,959
- 25-Year Savings: $24,511
- Payback Period: 8.6 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Andrews
Let's have a look at the average cost of solar panels in Andrews.
In Andrews, solar panels cost about 2.69 per watt on average. Using this figure, a typical 6.9-kW system would cost about $12,955 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll pay for solar may look quite different based on your household energy consumption, the type of solar system you want to get, your solar contractor and more. Many homeowners find going solar is a rewarding investment. The average homeowner in Andrews can save around $21,000 on their energy bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Andrews for a quote for your home.
Solar savings over time in Andrews
Year | Return on Investment |
---|---|
1 years | $-11,643 |
3 years | $-9,011 |
5 years | $-6,378 |
7 years | $-3,746 |
9 years | $-1,113 |
11 years | $1,519 |
13 years | $4,151 |
15 years | $6,784 |
17 years | $9,416 |
19 years | $12,049 |
21 years | $14,681 |
23 years | $17,313 |
25 years | $19,946 |
Top Solar Installers in Andrews
Trying to put up solar panels yourself can be a challenging task, which is why hiring a solar installer is a good option for many homeowners. Plus, if you're not certain what kind of solar panels and equipment you need, a solar expert can help you figure that out after a site survey and consultation.
If you're searching for a solar installer in Andrews, we've organized a list of our top suggestions here:
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 Andrews
Factors that Affect Solar Panel Costs in Andrews
The cost of installing a solar system in Andrews can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation 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 $2,690. There are many different solar panel brands and the one you choose also changes the cost. Generally speaking, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Andrews have solar loans, which reduce the initial cost of installing solar panels. When figuring out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar panel installer you select will affect your total cost to make the switch to solar power. Different companies will charge different amounts for the equipment and labor. Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and choose a company that offers the products, warranties and services you're looking for and also fits within your budget.
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 | $20,917 | 9.0 years |
8 kW | $2.74 | $15,365 | $28,191 | 8.8 years |
10 kW | $2.69 | $18,830 | $35,615 | 8.6 years |
12 kW | $2.64 | $22,144 | $43,190 | 8.5 years |
14 kW | $2.58 | $25,308 | $50,915 | 8.3 years |
16 kW | $2.53 | $28,320 | $58,791 | 8.1 years |
18 kW | $2.47 | $31,182 | $66,818 | 8.0 years |
20 kW | $2.42 | $33,894 | $74,996 | 7.8 years |
How to Save on Solar Panels
Since the kind of solar panels and the installer you choose has an impact on your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should secure and what the project timeline is.
- Solar Panel Brands: Different companies carry different brands and kinds of panels. If you know you want a specific brand, make sure the solar company you're considering has it.
- Contract: Before signing a contract with a solar company, make sure to read it through fully so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
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 Andrews, TX Solar Cost FAQs
What is the average cost of installing solar panels in Andrews?
The average cost of solar panels in Andrews is about $13,450 for a 5-kW system and $26,900 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.
Should I lease or buy solar panels in Andrews?
Leasing solar panels can be an appealing choice, because it usually comes with low or $0 upfront payments. The drawback 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 way to go if you want to get the most savings.
Can you sell solar power back to the grid in Andrews?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future utility bills.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.