Solar Panel Cost Guide in Bowie, TX (2023 Update)
- Bowie Solar Installation Cost: $14,281
- 25-Year Savings: $22,316
- Payback Period: 9.8 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Bowie
We break down average solar pricing in Bowie.
In Bowie, solar panels cost about 2.69 per watt on average. Because a 7.6-kW system is needed to cover the energy needs of a typical home in Bowie, the average price of going solar will be about $14,273 after claiming the federal solar tax credit of 30%.
The true price you pay can be higher or lower than the average in Bowie depending on a variety of factors, such as the type of solar panels you choose and the solar installer you hire. With typical savings of about $18,000 on utility bills over 20 years, many homeowners in Bowie find going solar has a decent ROI.
To get a free quote from a vetted solar installation company in Bowie, you can click the button below.
Solar savings over time in Bowie
| Year | Return on Investment |
|---|---|
| 1 years | $-14,159 |
| 3 years | $-13,915 |
| 5 years | $-13,671 |
| 7 years | $-13,427 |
| 9 years | $-13,183 |
| 11 years | $-12,939 |
| 13 years | $-12,695 |
| 15 years | $-12,451 |
| 17 years | $-12,207 |
| 19 years | $-11,963 |
| 21 years | $-11,719 |
| 23 years | $-11,475 |
| 25 years | $-11,231 |
Top Solar Installers in Bowie
Many homeowners opt for a solar panel company since figuring out how to install solar panels on your own can be a labor-intensive endeavor. A solar company can also help save you money over the lifespan of your system by providing warranties, repairs and part replacements.
Working with a professional solar company can help your solar project go smoothly. Here are our recommendations:
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 Bowie
Factors that Affect Solar Panel Costs in Bowie
For many Bowie homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Bowie, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,690. The kind of 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 power bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the Bowie average.
Solar Financing Terms
Most solar companies in Bowie offer solar loans, which reduce your upfront costs of installing a solar system. When estimating your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar installer you hire to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar installation companies in Bowie, and each can charge different amounts for labor and equipment. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and decide on the company that offers 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 | $17,203 | 10.1 years |
| 8 kW | $2.74 | $15,365 | $23,238 | 10.0 years |
| 10 kW | $2.69 | $18,830 | $29,425 | 9.8 years |
| 12 kW | $2.64 | $22,144 | $35,761 | 9.6 years |
| 14 kW | $2.58 | $25,308 | $42,249 | 9.4 years |
| 16 kW | $2.53 | $28,320 | $48,887 | 9.2 years |
| 18 kW | $2.47 | $31,182 | $55,676 | 9.0 years |
| 20 kW | $2.42 | $33,894 | $62,615 | 8.8 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because picking a company can be a challenge, we have some tips to help you, such as:
- 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 such a warranty is one mark of a good company.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you hire.
- Contract: It's important to read through your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
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 Bowie, TX Solar Cost FAQs
What is the average cost of installing solar panels in Bowie?
The average cost of solar panels in Bowie 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 certain factors like the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider other than cost when buying solar panels?
Cost is a very important factor to consider, but whether it's the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Do solar panels increase the value of your home?
Solar panels can increase your home value considerably as long as you buy or finance your panels and don't go for 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 solar panels."
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and how much 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 install 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.