Solar Panel Cost Guide in Aubrey, TX (2023 Update)
- Aubrey Solar Installation Cost: $14,419
- 25-Year Savings: $21,427
- Payback Period: 10.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Aubrey
Let's have a look at the average cost of solar panels in Aubrey.
The average cost of a solar system in Aubrey is 2.69 per watt. The average solar panel system size in Aubrey is around 7.7 kilowatts, meaning a cost of about $14,424 for a solar installation, or $20,626 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Aubrey homeowner. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. For most homeowners, the upfront investment in solar power is worth paying. On average Aubrey homeowners see about $18,000 in savings on energy bills over 20 years.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Aubrey
Year | Return on Investment |
---|---|
1 years | $-14,300 |
3 years | $-14,061 |
5 years | $-13,822 |
7 years | $-13,583 |
9 years | $-13,344 |
11 years | $-13,105 |
13 years | $-12,866 |
15 years | $-12,627 |
17 years | $-12,388 |
19 years | $-12,149 |
21 years | $-11,910 |
23 years | $-11,671 |
25 years | $-11,432 |
Top Solar Installers in Aubrey
When making the switch to solar, many homeowners opt to go with a solar installation company since overseeing your solar installation yourself can be a time-consuming project. Plus, if you're not certain what brand of solar panels and equipment you may need, a solar installer can help you figure that out after a site survey and consultation.
There are various licensed solar professionals that can take care of your solar installation project. 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 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 Aubrey
Factors that Affect Solar Panel Costs in Aubrey
Though the average cost of a solar system in Aubrey is $14,424, your final cost may be higher or lower than that. There are many factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
When it comes to estimating the price of a solar energy system in Aubrey, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy usage, which you can gauge by looking at past power bills. Your overall cost can increase by around $2,690 for each additional kilowatt you need. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your electric bills. Additionally, add-on products, like solar batteries, can bring your total well above the Aubrey average.
Solar Financing Terms
Many homeowners find the average cost of solar in Aubrey to be prohibitively costly, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides access to financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to higher prices over time because of interest. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar installer you choose to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar installation companies in Aubrey, and each can charge varying amounts for labor and equipment. Larger national companies usually have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric car 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 | $16,336 | 10.5 years |
8 kW | $2.74 | $15,365 | $22,083 | 10.3 years |
10 kW | $2.69 | $18,830 | $27,980 | 10.1 years |
12 kW | $2.64 | $22,144 | $34,028 | 9.9 years |
14 kW | $2.58 | $25,308 | $40,227 | 9.7 years |
16 kW | $2.53 | $28,320 | $46,576 | 9.5 years |
18 kW | $2.47 | $31,182 | $53,076 | 9.3 years |
20 kW | $2.42 | $33,894 | $59,726 | 9.1 years |
How to Save on Solar Panels
There are numerous companies to choose from in Aubrey, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: Different companies carry various brands and kinds of panels. If you want a specific brand, make sure the solar installer you're considering has it.
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one indication of a quality company.
- Contract: It's important to read through your solar installer's contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
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 Aubrey, TX Solar Cost FAQs
How much does it cost to install solar panels in Aubrey?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $13,450 for a 5-kW system and $26,900 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or higher quality panels, or if you have above-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration 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.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.