Solar Panel Cost Guide in Camp Swift, TX (Mar 2023)
- Camp Swift Solar Installation Cost: $14,235
- 25-Year Savings: $23,221
- Payback Period: 9.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Camp Swift
We go over average solar pricing in Camp Swift.
In Camp Swift, solar panels cost about 2.69 per watt on average. To cover the typical energy usage of the average home in Camp Swift, most homeowners require a 7.6-kilowatt system. Using the per-watt figure above, a solar installation costs around $14,235, or $20,356 before the federal solar tax credit of 30% is applied.
The true price you pay can be above or below the average in Camp Swift depending on a variety of factors, such as the kind of solar panels you choose and the solar contractor you hire. But, once you've paid the initial cost of installation, the ROI for most homeowners is quite good, with a net average savings of about $19,000 over 20 years on power bills.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Camp Swift
| Year | Return on Investment |
|---|---|
| 1 years | $-12,737 |
| 3 years | $-9,741 |
| 5 years | $-6,744 |
| 7 years | $-3,748 |
| 9 years | $-751 |
| 11 years | $2,245 |
| 13 years | $5,242 |
| 15 years | $8,238 |
| 17 years | $11,235 |
| 19 years | $14,231 |
| 21 years | $17,228 |
| 23 years | $20,224 |
| 25 years | $23,221 |
Top Solar Installers in Camp Swift
Putting up solar panels yourself can be a stressful task, which is why hiring a solar installation company is a good option for many homeowners. Companies can also offer access to quality options of the best solar panels and help you choose which one will be best for your family.
If you're searching for a solar installer in Camp Swift, the EcoWatch team has put together 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 Camp Swift
Factors that Affect Solar Panel Costs in Camp Swift
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that determine your overall cost in Camp Swift: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
When it comes to estimating the cost of a solar system in Camp Swift, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy usage, which you can gauge by looking at past power bills. Your overall cost can increase by around $2,690 for each additional kilowatt you need. There are a lot of different solar panel brands and the one you pick also affects the cost. In many cases, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you're looking to get can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Camp Swift have solar loans, which reduce your upfront costs of installing solar. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The last key cost factor you should keep in mind is the installer you choose. Given the massive popularity of green energy solutions in Camp Swift, you'll have many options to choose from, but each comes at different price points for labor and equipment. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and go with the company that offers the products, warranties and services you want and also fits within your budget.
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 | $17,981 | 9.9 years |
| 8 kW | $2.74 | $15,365 | $24,276 | 9.7 years |
| 10 kW | $2.69 | $18,830 | $30,722 | 9.5 years |
| 12 kW | $2.64 | $22,144 | $37,318 | 9.3 years |
| 14 kW | $2.58 | $25,308 | $44,065 | 9.1 years |
| 16 kW | $2.53 | $28,320 | $50,963 | 8.9 years |
| 18 kW | $2.47 | $31,182 | $58,011 | 8.7 years |
| 20 kW | $2.42 | $33,894 | $65,210 | 8.6 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 pick the right company for you, here are some tips to keep in mind:
- Warranty: If you're concerned about the endurance of your solar panel system, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Contract: Though reading through a contract can take a lot of time, it's important to do it carefully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
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 Camp Swift, TX Solar Cost FAQs
What is the average cost of installing solar panels in Camp Swift?
The average cost of solar panels in Camp Swift is about $13,450 for a 5-kW system and $26,900 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider aside from cost when buying solar panels?
The upfront cost is a key factor to consider, but whether it's the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Can solar panels completely eradicate my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $991.04 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the average daily 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.