Solar Panel Cost Guide in Burkburnett, TX (2024 Update)
- Burkburnett Solar Installation Cost: $17,345
- 25-Year Savings: $23,176
- Payback Period: 11.7 Years
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Average Cost of Solar Panels in Burkburnett
Let’s take a look at the average cost of solar in Burkburnett.
The average cost of solar panels in Burkburnett is 3 per watt.The average Burkburnett homeowner needs a 7.4-kilowatt system, which would cost about $17,345 with the federal tax credit, or $24,803 before the 0 tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Burkburnett homeowners. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.For most homeowners, the upfront cost of solar is worth paying. On average homeowners in Burkburnett see about $20,000 in savings on utility bills over 20 years.
You can click the button below to get connected with a pre-vetted solar installer in Burkburnett for a quote for your home.
Solar savings over time in Burkburnett
| Year | Return on Investment |
|---|---|
| 1 years | $-15,924 |
| 3 years | $-13,082 |
| 5 years | $-10,240 |
| 7 years | $-7,398 |
| 9 years | $-4,556 |
| 11 years | $-1,713 |
| 13 years | $1,129 |
| 15 years | $3,971 |
| 17 years | $6,813 |
| 19 years | $9,655 |
| 21 years | $12,497 |
| 23 years | $15,340 |
| 25 years | $18,182 |
Top Solar Installers in Burkburnett
Trying to install solar panels on your own can be a stressful undertaking, which is why getting a solar installation company is a good option for many homeowners. The expertise that solar companies provide can be useful as well, particularly if you don’t quite know what brand of solar equipment would be right for your home.
If you're looking for a solar company in Burkburnett, we've organized 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
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Burkburnett
Factors that Affect Solar Panel Costs in Burkburnett
There are several criteria that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
The size of the solar system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,330. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your power bills. Additionally, add-on products, like solar batteries, can bring your total well above the Burkburnett average.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That’s why many Burkburnett homeowners decide to finance their solar panel systems to offset upfront costs.However, the interest on solar loans also increases your all-in costs, so it’s crucial to include that in your estimate as well. You can always reduce the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
Lastly, the company you get to install your solar panels can impact how much it costs. Burkburnett’s solar companies all have different labor costs and add varying upcharges to equipment. The company’s size can sometimes play the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because they have greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down 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 | $15,440 | 12.1 years |
| 8 kW | $3.40 | $19,021 | $20,960 | 11.9 years |
| 10 kW | $3.33 | $23,310 | $26,666 | 11.7 years |
| 12 kW | $3.26 | $27,413 | $32,559 | 11.4 years |
| 14 kW | $3.20 | $31,329 | $38,638 | 11.2 years |
| 16 kW | $3.13 | $35,058 | $44,903 | 11.0 years |
| 18 kW | $3.06 | $38,601 | $51,355 | 10.7 years |
| 20 kW | $3.00 | $41,958 | $57,994 | 10.5 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 selecting a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
- Warranty: If you’re concerned about the longevity of your solar panel system, ensuring your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: When going solar, it’s crucial to keep an open line of communication with your solar company. Make sure you understand how the installation process will go and the completion timeline.
- Reputation: Companies that have been operating for many years likely have a high 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 support, such as part repairs and replacements.
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Burkburnett, TX Solar Cost FAQs
How much does it cost to install solar panels in Burkburnett?
The average cost of solar panels in Burkburnett is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Burkburnett?
You can’t get solar panels for free in Burkburnett. 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 want to own your solar panels, you can finance them with a solar loan.
How much can I save on energy bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $999.52 per year.
How long do solar panels last in Burkburnett?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.