Solar Panel Cost Guide in Cameron, TX (2024 Update)
- Cameron Solar Installation Cost: $17,610
- 25-Year Savings: $20,143
- Payback Period: 12.8 Years
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Average Cost of Solar Panels in Cameron
See how much it might cost to make the switch to solar in Cameron.
The average cost of solar panels in Cameron is 3 per watt.Using this figure, a typical 7.6-kW system would cost about $17,610 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 actual cost of going solar can vary quite a bit based on multiple factors, such as how many panels you need, your energy consumption and what solar installer you go with.But, once you've paid the initial cost of installation, the return on investment for most homeowners is usually good, with a net average savings of about $17,000 over 20 years on electricity bills.
You can click the button below to get connected with a pre-vetted solar company in Cameron for a quote for your home.
Solar savings over time in Cameron
Year | Return on Investment |
---|---|
1 years | $-16,311 |
3 years | $-13,714 |
5 years | $-11,117 |
7 years | $-8,520 |
9 years | $-5,923 |
11 years | $-3,326 |
13 years | $-729 |
15 years | $1,869 |
17 years | $4,466 |
19 years | $7,063 |
21 years | $9,660 |
23 years | $12,257 |
25 years | $14,854 |
Top Solar Installers in Cameron
Many homeowners decide to hire a solar panel company since trying to put up solar panels yourself can be time-consuming. Plus, warranties and repairs from your solar panel installer can protect your investment and lower the cost of maintenance in the long run.
If you’d like to switch to solar energy but still aren’t sure which solar company to go with, here are our recommendations for providers near you:
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 Cameron
Factors that Affect Solar Panel Costs in Cameron
There are many criteria that can determine your 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 energy system you need, 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 about $3,330. The brand and kind of equipment you want for your solar system can raise or lower 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 will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional 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 Cameron to be too expensive, even if the investment pays off over time. Fortunately, almost every solar company in the area offers financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to higher prices over time because of interest.However, the interest on solar loans also adds to your total costs, so it’s crucial to take that into consideration as well. You can always lower the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The last significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of clean energy solutions in Cameron, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.Additionally, some companies in Cameron have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for that service. 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 | $3.46 | $14,545 | $12,750 | 13.3 years |
8 kW | $3.40 | $19,021 | $17,374 | 13.1 years |
10 kW | $3.33 | $23,310 | $22,183 | 12.8 years |
12 kW | $3.26 | $27,413 | $27,179 | 12.6 years |
14 kW | $3.20 | $31,329 | $32,362 | 12.3 years |
16 kW | $3.13 | $35,058 | $37,731 | 12.0 years |
18 kW | $3.06 | $38,601 | $43,286 | 11.8 years |
20 kW | $3.00 | $41,958 | $49,028 | 11.5 years |
How to Save on Solar Panels
The solar company you go with will affect not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should take into account, such as:
- Installation Process: Make sure you’re aligned with the company with regard to how the installation process will go and what you need to do before your solar panel system is installed, such as updating your electrical system or roof.
- Contract: Look through the contract terms thoroughly to make sure you understand how much it will cost, project timeline rebates and warranties.
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Not all solar companies 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 go with.
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 Cameron, TX Solar Cost FAQs
What is the average cost of installing solar panels in Cameron?
The average cost of solar panels in Cameron 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 things like the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Cameron?
Solar panels aren’t free in Cameron, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is going solar worth it?
Solar panels can be a beneficial investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already fairly low, solar panels might not be for you.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.