Solar Panel Cost Guide in Cameron, TX (2023 Update)
- Cameron Solar Installation Cost: $14,217
- 25-Year Savings: $20,152
- Payback Period: 10.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Cameron
Find out what the average cost of a solar system is in Cameron.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Cameron, the typical cost of solar panels is 2.69 per watt. Using this figure, a typical 7.5-kW system would cost about $14,217 before the 30% federal solar tax credit is applied.
How much you pay can be above or below the average in Cameron based on a variety of factors, such as the type of solar panels you choose and the solar installer you hire. Many homeowners find installing solar panels is a fruitful investment. The average homeowner in Cameron can save about $17,000 on their energy bills over 20 years.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Cameron
| Year | Return on Investment |
|---|---|
| 1 years | $-12,842 |
| 3 years | $-10,092 |
| 5 years | $-7,343 |
| 7 years | $-4,593 |
| 9 years | $-1,844 |
| 11 years | $906 |
| 13 years | $3,655 |
| 15 years | $6,405 |
| 17 years | $9,154 |
| 19 years | $11,904 |
| 21 years | $14,653 |
| 23 years | $17,403 |
| 25 years | $20,152 |
Top Solar Installers in Cameron
When making the switch to solar, many homeowners choose to go with a solar company since putting up a solar system yourself can be a time-consuming project. The expertise that solar installers provide can be useful as well, particularly if you don't quite know what type of solar equipment would be right for your home.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some nearby:
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 Cameron
Factors that Affect Solar Panel Costs in Cameron
For many Cameron homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Cameron, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar energy system in Cameron, one of the most crucial 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 figure out by looking at past electricity bills. Your total cost can increase by about $2,690 for each additional kilowatt you need. The solar equipment you choose can increase or decrease your cost 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, higher efficiency could save you more in the long run on your electric bills. Additionally, add-on products, like solar batteries, can bring your total well above the Cameron average.
Solar Financing Terms
Many homeowners find the average cost of solar in Cameron to be too steep, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also lead to higher prices over time due to interest. However, the interest on solar loans also increases your overall costs, so it's vital to take that into consideration as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar panel installer you choose will impact your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor. The size of the company sometimes plays the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater resources and better 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 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 | $2.80 | $11,750 | $15,546 | 10.8 years |
| 8 kW | $2.74 | $15,365 | $21,029 | 10.6 years |
| 10 kW | $2.69 | $18,830 | $26,663 | 10.3 years |
| 12 kW | $2.64 | $22,144 | $32,448 | 10.1 years |
| 14 kW | $2.58 | $25,308 | $38,383 | 9.9 years |
| 16 kW | $2.53 | $28,320 | $44,469 | 9.7 years |
| 18 kW | $2.47 | $31,182 | $50,705 | 9.5 years |
| 20 kW | $2.42 | $33,894 | $57,092 | 9.3 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years most likely provide good-quality solar panel installation and expertise.
- Solar Panel Brands: Different companies will carry different brands and models of panels. If you want a specific brand, make sure the solar panel company you're considering has it.
- Warranty: Warranties that provide coverage for replacement parts and repairs over a couple decades are the gold standard in the business, and offering that kind of warranty is one sign of a good company.
- Contract: When looking through your solar installer's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
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 Cameron, TX Solar Cost FAQs
How much does it cost to install solar panels in Cameron?
This is a tough question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $13,450 for a 5-kW system and $26,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Are solar panels free in Cameron?
You can't get solar panels for free in Cameron. 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'd prefer to own your solar panels, you can finance them with a solar loan.
How will installing solar panels impact the value of my home?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Cameron is currently $94,700, which means you could be looking at a value of about $3,883 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Cameron is a fruitful investment.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to replace them once you've had 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.
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.