Solar Panel Cost Guide in Bullard, TX (2025 Update)
- Bullard Solar Installation Cost: $18,066
- 25-Year Savings: $22,594
- Payback Period: 12.1 Years
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Average Cost of Solar Panels in Bullard
Here’s how much it might cost to install solar panels in Bullard.
While the national average of solar panels is $2.66 per watt, solar panels in Bullard typically cost around 3.Using this figure, a typical 7.8-kW system would cost about $18,066 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The exact cost of installing solar panels can vary based on several factors, such as how many panels you need, your energy usage and what installation company you go with.For many homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $19,000 in savings on energy bills over 20 years.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Bullard
| Year | Return on Investment |
|---|---|
| 1 years | $-16,645 |
| 3 years | $-13,802 |
| 5 years | $-10,960 |
| 7 years | $-8,118 |
| 9 years | $-5,276 |
| 11 years | $-2,434 |
| 13 years | $408 |
| 15 years | $3,251 |
| 17 years | $6,093 |
| 19 years | $8,935 |
| 21 years | $11,777 |
| 23 years | $14,619 |
| 25 years | $17,461 |
Top Solar Installers in Bullard
Putting up solar panels on your own can be a dangerous task, which is why hiring a solar installer is a good option for many homeowners. Some solar installers, particularly local ones, can help you better understand incentives in Bullard, therefore optimizing your ROI.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Bullard
Factors that Affect Solar Panel Costs in Bullard
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few primary factors that affect your total cost in Bullard: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
When it comes to estimating the cost of solar panels in Bullard, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy consumption, which you can determine by looking at past power bills. Your overall cost can increase by about $3,330 for each additional kilowatt you need.The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag 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 can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Bullard to be too costly, even if the investment pays off over time. Fortunately, almost every solar installer in the area offers financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in higher prices over time because of interest.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Bullard is the company you get to install your solar panel system. As with choosing a company to install new cabinets, for instance, there’s no shortage of solar installers that offer a range of services for different budgets.The size of the company sometimes plays the most significant role in your costs. 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 names.
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 | $14,244 | 12.6 years |
| 8 kW | $3.40 | $19,021 | $19,365 | 12.4 years |
| 10 kW | $3.33 | $23,310 | $24,673 | 12.1 years |
| 12 kW | $3.26 | $27,413 | $30,167 | 11.9 years |
| 14 kW | $3.20 | $31,329 | $35,848 | 11.7 years |
| 16 kW | $3.13 | $35,058 | $41,715 | 11.4 years |
| 18 kW | $3.06 | $38,601 | $47,768 | 11.2 years |
| 20 kW | $3.00 | $41,958 | $54,008 | 10.9 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Reputation: Companies that have been in business for many years likely have a solid 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.
- Installation Process: Make sure you’re on the same page with the installer regarding how the installation process will go and what you need to do before your solar panel system is installed, such as repairing your electrical system or roof.
- Contract: Even though reading through a contract can be tedious, it’s important to do it fully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Solar Panel Brands: The brand of solar panel you want to get plays a part in which installer you should choose, since different companies offer different panels.
EcoWatch's Bullard, TX Solar Cost FAQs
What is the average cost of installing solar panels in Bullard?
The average cost of solar panels in Bullard is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Bullard?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
How much can I save on power bills after installing solar panels?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Bullard, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can replace them after having them for that long or you can continue to use them at a lower efficiency.
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.