Solar Panel Cost Guide in Bellmead, TX (2023 Update)
- Bellmead Solar Installation Cost: $14,292
- 25-Year Savings: $17,079
- Payback Period: 11.4 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Bellmead
Here's how much it might cost to switch to solar power in Bellmead.
The average cost of a solar system in Bellmead is 2.69 per watt. To cover the typical energy needs of the average home in Bellmead, most homeowners require a 7.6-kilowatt system. Using the figure above, a solar installation costs around $14,292, or $20,438 before the federal solar tax credit of 30% is applied.
The true cost of your system can go above or below the average in Bellmead depending on a variety of factors, such as the type of solar panels you choose and the solar company you hire. With average savings of about $16,000 on electricity bills over 20 years, many homeowners in Bellmead find going solar can pay off big.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Bellmead
Year | Return on Investment |
---|---|
1 years | $-13,037 |
3 years | $-10,527 |
5 years | $-8,018 |
7 years | $-5,508 |
9 years | $-2,998 |
11 years | $-489 |
13 years | $2,021 |
15 years | $4,531 |
17 years | $7,040 |
19 years | $9,550 |
21 years | $12,060 |
23 years | $14,570 |
25 years | $17,079 |
Top Solar Installers in Bellmead
Many homeowners decide to use a solar installation company since installing solar panels yourself can be challenging. Companies can also have access to a large variety of the best solar panels and help you decide which one will be right for you.
There are several 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 Bellmead
Factors that Affect Solar Panel Costs in Bellmead
The cost of installing a solar system in Bellmead can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to spend around $2,690 per kilowatt in Bellmead. 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. On the other hand, more efficient panels could save you more over time on your energy bills. Additionally, extra products, like solar batteries, can bring your total well above the Bellmead average.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a big investment. That's why many Bellmead homeowners opt to finance their solar panel systems to make paying for solar more affordable. However, the interest on solar loans also increases your all-in costs, so it's important to include that in your estimate as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The final major cost factor you should consider is the installer you choose. Given the massive popularity of sustainable energy solutions in Bellmead, you'll have many options to choose from, but each comes at different price points for labor and equipment. Companies that only sell products with high efficiency and therefore a higher price point — 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 go with the company that provides 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 | $13,059 | 11.8 years |
8 kW | $2.74 | $15,365 | $17,713 | 11.6 years |
10 kW | $2.69 | $18,830 | $22,518 | 11.4 years |
12 kW | $2.64 | $22,144 | $27,473 | 11.2 years |
14 kW | $2.58 | $25,308 | $32,579 | 10.9 years |
16 kW | $2.53 | $28,320 | $37,836 | 10.7 years |
18 kW | $2.47 | $31,182 | $43,243 | 10.5 years |
20 kW | $2.42 | $33,894 | $48,801 | 10.2 years |
How to Save on Solar Panels
There are numerous companies to choose from in Bellmead, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Contract: Though reading through a contract can take a lot of time, it's important to do it carefully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Solar Panel Brands: The type of solar panel you want to install plays a part in which installer you should opt for, since different companies have access to different panels.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should secure and how long the project will take.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a couple decades are the best you can get in the business, and offering that kind of warranty is one mark of a quality company.
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 Bellmead, TX Solar Cost FAQs
How much does it cost to install solar panels in Bellmead?
The average cost of solar panels in Bellmead 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 like the model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider aside from cost 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 switching to solar power worth it?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home needs 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.
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.