Solar Panel Cost Guide in Bellmead, TX (2024 Update)
- Bellmead Solar Installation Cost: $17,686
- 25-Year Savings: $17,085
- Payback Period: 14.1 Years
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Average Cost of Solar Panels in Bellmead
Find out what the average cost of installing solar panels is in Bellmead.
In Bellmead, solar panels cost about 3 per watt on average.Because a 7.6-kW system is needed to cover the energy consumption of a typical home in Bellmead, the average price of going solar will be about $17,686 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much solar panels could cost. The exact cost of installing solar panels can vary quite a bit depending on a few factors, such as how many panels you need, your energy consumption and what solar installer you go with.But, once you've paid the initial cost of installation, the savings for most homeowners is typically good, with a net average savings of about $16,000 over 20 years on utility bills.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Bellmead
| Year | Return on Investment |
|---|---|
| 1 years | $-16,505 |
| 3 years | $-14,142 |
| 5 years | $-11,780 |
| 7 years | $-9,418 |
| 9 years | $-7,056 |
| 11 years | $-4,693 |
| 13 years | $-2,331 |
| 15 years | $31 |
| 17 years | $2,393 |
| 19 years | $4,755 |
| 21 years | $7,118 |
| 23 years | $9,480 |
| 25 years | $11,842 |
Top Solar Installers in Bellmead
Although you can install solar panels by yourself, it requires extra energy and expertise. Because of that, almost all homeowners choose to go with a solar panel installer. Because solar panels are exposed to rain, snow, hail and wind, depending on the climate, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by reducing potential costs down the line.
There are a number of licensed solar professionals that can install solar panels for you. 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Bellmead
Factors that Affect Solar Panel Costs in Bellmead
There are many factors that can affect 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
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. That’s why it’s crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.The solar equipment you choose can increase or decrease your cost 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, more efficient panels could save you more over time on your electric bills. In addition, extra products, such as solar batteries, can bump up your total well above the Bellmead average.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That’s why many Bellmead homeowners decide to finance their solar panel systems to offset upfront costs.However, the interest on solar loans also adds to your overall costs, so it’s vital to keep that in mind as well. You can always reduce the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you select will impact your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor.The company’s size sometimes plays the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger companies.
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 | $10,263 | 14.7 years |
| 8 kW | $3.40 | $19,021 | $14,057 | 14.4 years |
| 10 kW | $3.33 | $23,310 | $18,038 | 14.1 years |
| 12 kW | $3.26 | $27,413 | $22,204 | 13.8 years |
| 14 kW | $3.20 | $31,329 | $26,558 | 13.5 years |
| 16 kW | $3.13 | $35,058 | $31,098 | 13.2 years |
| 18 kW | $3.06 | $38,601 | $35,824 | 13.0 years |
| 20 kW | $3.00 | $41,958 | $40,737 | 12.7 years |
How to Save on Solar Panels
The solar company you choose will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should take into account, such as:
- Solar Panel Brands: Different companies will offer different brands and types of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
- Warranty: If you’re concerned about the durability of your solar system, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Long-standing companies likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and how long it will take.
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Bellmead, TX Solar Cost FAQs
How much does it cost to install solar panels in Bellmead?
This is a tough question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $16,650 for a 5-kW system and $33,300 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Bellmead?
A solar panel system isn’t free in Bellmead, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How much can I save on energy bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $826.95 per year.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can 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.