Solar Panel Cost Guide in Borger, TX (2023 Update)
- Borger Solar Installation Cost: $13,779
- 25-Year Savings: $26,896
- Payback Period: 8.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Borger
Here's how much it might cost to make the switch to solar in Borger.
The national average cost of solar panels is $2.66 per watt, but in Borger it's 2.69 per watt. Since a 7.3-kW system is needed to cover the energy usage of a typical home in Borger, the average price of going solar will be about $13,784 after claiming the federal solar tax credit of 30%.
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 depending on several factors, such as what size system you need, your energy consumption and what installation company you go with. Even with the large upfront cost, the average Borger homeowner can save around $21,000 on their electricity bills over 20 years, which is one of the advantages of solar.
To receive a free estimate from a highly rated solar company in Borger, you can click the button below.
Solar savings over time in Borger
| Year | Return on Investment |
|---|---|
| 1 years | $-13,644 |
| 3 years | $-13,372 |
| 5 years | $-13,101 |
| 7 years | $-12,830 |
| 9 years | $-12,559 |
| 11 years | $-12,288 |
| 13 years | $-12,016 |
| 15 years | $-11,745 |
| 17 years | $-11,474 |
| 19 years | $-11,203 |
| 21 years | $-10,932 |
| 23 years | $-10,661 |
| 25 years | $-10,389 |
Top Solar Installers in Borger
Many homeowners opt for a solar panel company since trying to install solar panels by yourself can be challenging. Also, companies with a high reputation that cost more upfront could actually save you money in the long run due to their warranties, repair services and expert design.
You can get a free quote from a local solar installer on how much your investment in solar could cost 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 Borger
Factors that Affect Solar Panel Costs in Borger
The cost of installing a solar system in Borger can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is the size of the system your home needs, 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. Because of that, it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. There are a lot of different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Borger offer solar loans, which reduce the initial cost of installing solar panels. Even though solar loans make switching to solar energy more accessible for Borger homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Borger is the company you choose to install your PV system. As with choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that offer a range of services for different budgets. Larger national companies usually have lower costs, but some local companies compete with them by offering 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 | $21,601 | 8.8 years |
| 8 kW | $2.74 | $15,365 | $29,103 | 8.6 years |
| 10 kW | $2.69 | $18,830 | $36,755 | 8.5 years |
| 12 kW | $2.64 | $22,144 | $44,558 | 8.3 years |
| 14 kW | $2.58 | $25,308 | $52,512 | 8.1 years |
| 16 kW | $2.53 | $28,320 | $60,616 | 8.0 years |
| 18 kW | $2.47 | $31,182 | $68,871 | 7.8 years |
| 20 kW | $2.42 | $33,894 | $77,277 | 7.6 years |
How to Save on Solar Panels
The solar installer you choose will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should consider, including:
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you hire.
- Installation Process: Get details from your solar installer about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years most likely offer high-quality solar panel installation and expertise.
- Contract: When reading over your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios like a system component breaking or the company going out of business.
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 Borger, TX Solar Cost FAQs
How much does it cost to install solar panels in Borger?
This is a tough question to answer precisely, because the cost depends on a variety of 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 cost more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Are solar panels free in Borger?
You can't get solar panels for free in Borger. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
How will solar panels impact the value of my home?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Borger is currently $80,700, so you can expect a value of about $3,309 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Borger is a worthwhile investment.
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 uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average house 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.