Solar Panel Cost Guide in Aubrey, TX (2023 Update)
- Aubrey Solar Installation Cost: $14,424
- 25-Year Savings: $21,422
- Payback Period: 10.1 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Aubrey
Let's have a look at the average cost of solar in Aubrey.
The average cost of solar panels in Aubrey is 2.69 per watt. The average Aubrey homeowner needs a 7.7-kilowatt system, which would cost about $14,424 with the federal tax credit, or $20,626 before the 30% tax credit is applied.
These figures are only averages, and your own solar costs may vary based on your specific situation and what company you go with. Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Aubrey can save about $18,000 on their energy bills over 20 years.
Click the button below to get connected to a top solar installer in Aubrey for a custom quote.
Solar savings over time in Aubrey
| Year | Return on Investment |
|---|---|
| 1 years | $-12,990 |
| 3 years | $-10,122 |
| 5 years | $-7,255 |
| 7 years | $-4,387 |
| 9 years | $-1,519 |
| 11 years | $1,349 |
| 13 years | $4,216 |
| 15 years | $7,084 |
| 17 years | $9,952 |
| 19 years | $12,819 |
| 21 years | $15,687 |
| 23 years | $18,555 |
| 25 years | $21,422 |
Top Solar Installers in Aubrey
Although it's possible to install solar panels on your own, it takes extra labor and handiness. For that reason, the majority of homeowners choose a solar panel installer. Companies can also provide access to quality options of the best solar panels and help you choose which one will be right for you.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some nearby:
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
The cost of installing a solar system in Aubrey can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That's why it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use. The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That's why many Aubrey homeowners decide to finance their solar panel systems to offset upfront costs. Though solar loans make switching to solar energy more accessible for Aubrey homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panel system can influence your pricing. Aubrey's solar companies all have different labor costs and add varying upcharges to equipment. The size of the company sometimes plays the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger names.
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 a lot of 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:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. While there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so make sure you ask for their list of options before making your decision.
- Contract: It's important to read through your solar installer's contract closely to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Reputation: Companies that have been in business for many years likely have a good 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.
- 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.
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
What is the average cost of installing solar panels in Aubrey?
The average cost of solar panels in Aubrey is about $13,450 for a 5-kW system and $26,900 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to consider when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase the value of your home?
Solar panels can increase your property's value significantly as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How many solar panels should I get to power 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 get 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.