Solar Panel Cost Guide in Bulverde, TX (2023 Update)
- Bulverde Solar Installation Cost: $14,217
- 25-Year Savings: $21,926
- Payback Period: 9.8 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Bulverde
Let's take a look at the average cost of solar in Bulverde.
In Bulverde, solar panels cost about 2.69 per watt on average. The average Bulverde homeowner needs a 7.5-kilowatt system, which would cost about $14,217 with the federal tax credit, or $20,330 before the 30% tax credit is applied.
The actual price you pay can be above or below the average in Bulverde depending on several factors, such as the brand of solar panels you choose and the solar installer you hire. With average savings of about $18,000 on utility bills over 20 years, many homeowners in Bulverde find going solar can pay off big.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Bulverde
| Year | Return on Investment |
|---|---|
| 1 years | $-12,771 |
| 3 years | $-9,880 |
| 5 years | $-6,988 |
| 7 years | $-4,097 |
| 9 years | $-1,205 |
| 11 years | $1,686 |
| 13 years | $4,577 |
| 15 years | $7,469 |
| 17 years | $10,360 |
| 19 years | $13,251 |
| 21 years | $16,143 |
| 23 years | $19,034 |
| 25 years | $21,926 |
Top Solar Installers in Bulverde
Putting up solar panels on your own can be a time-consuming undertaking, which is why using a solar installer is a good option for many homeowners. Companies can also provide access to a large variety of the best solar panels and help you pick which one will be right for your home.
If you're on the hunt for a solar installer in Bulverde, we've compiled a list of our top suggestions here:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Bulverde
Factors that Affect Solar Panel Costs in Bulverde
For many Bulverde homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Bulverde, with typical prices between $20,000 to $40,000. There are several 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 few different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation use 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 type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get 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 in the long run on your electric bills. In addition, add-on products, like solar batteries, can bump up your total well above the Bulverde average.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Bulverde homeowners opt to finance their solar panel systems to make going solar more affordable. However, the interest on solar loans also adds to your overall costs, so it's vital to consider that 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 significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of sustainable energy solutions in Bulverde, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. Additionally, some companies in Bulverde have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $16,972 | 10.2 years |
| 8 kW | $2.74 | $15,365 | $22,930 | 10.0 years |
| 10 kW | $2.69 | $18,830 | $29,039 | 9.8 years |
| 12 kW | $2.64 | $22,144 | $35,299 | 9.6 years |
| 14 kW | $2.58 | $25,308 | $41,710 | 9.4 years |
| 16 kW | $2.53 | $28,320 | $48,271 | 9.2 years |
| 18 kW | $2.47 | $31,182 | $54,983 | 9.0 years |
| 20 kW | $2.42 | $33,894 | $61,845 | 8.9 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Bulverde, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Contract: Before you sign a contract with a solar installer, make sure you read it through completely so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- 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 large role in the company you hire.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Bulverde, TX Solar Cost FAQs
What is the average cost of installing solar panels in Bulverde?
This is a tough question to answer exactly, 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 be more expensive if you want extra solar equipment or higher quality panels, or if you have above-average energy consumption. On the other hand, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will installing solar panels impact my property value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Bulverde is currently $331,111, which means you can look forward to a value of about $13,576 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Bulverde is a worthwhile investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and how much 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 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.