Solar Panel Cost Guide in Carrizo Springs, TX (2023 Update)
- Carrizo Springs Solar Installation Cost: $13,426
- 25-Year Savings: $31,930
- Payback Period: 7.4 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Carrizo Springs
We go over average solar pricing in Carrizo Springs.
Although the national average of solar panels is $2.66 per watt, solar panels in Carrizo Springs generally cost about 2.69. Since a 7.1-kW system is needed to cover the energy usage of a typical home in Carrizo Springs, the average price of going solar will be about $13,426 after claiming the federal solar tax credit of 30%.
These figures are just estimates, and how much solar costs for you may look different based on your specific situation and what company you choose to go with. With typical savings of about $24,000 on power bills over 20 years, many homeowners in Carrizo Springs find investing in solar has a decent ROI.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Carrizo Springs
| Year | Return on Investment |
|---|---|
| 1 years | $-11,612 |
| 3 years | $-7,983 |
| 5 years | $-4,355 |
| 7 years | $-726 |
| 9 years | $2,902 |
| 11 years | $6,531 |
| 13 years | $10,159 |
| 15 years | $13,788 |
| 17 years | $17,416 |
| 19 years | $21,045 |
| 21 years | $24,673 |
| 23 years | $28,302 |
| 25 years | $31,930 |
Top Solar Installers in Carrizo Springs
Many homeowners opt for a solar installation company since trying to install solar panels yourself can be hard. The payback period on a solar system will vary depending on factors like your location and energy consumption, but going with a solar company can shorten it. Your provider will be able to help you get the most out of incentives available in your area.
Working with a vetted solar company can make going solar easier. Here are our recommendations:
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 Carrizo Springs
Factors that Affect Solar Panel Costs in Carrizo Springs
There are many criteria that can affect your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,690. There are many different solar panel brands and the one you choose also affects the cost. In many cases, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you want to install 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
Many homeowners find the average cost of solar in Carrizo Springs to be too costly, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides access to financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also result in a higher cost over time due to interest. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panel system can impact how much you pay. Carrizo Springs' solar companies all have different labor costs and add varying upcharges to equipment. The size of the company can sometimes play the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because of more resources and bulk 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 lower to compete with bigger companies.
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 | $26,443 | 7.7 years |
| 8 kW | $2.74 | $15,365 | $35,559 | 7.5 years |
| 10 kW | $2.69 | $18,830 | $44,825 | 7.4 years |
| 12 kW | $2.64 | $22,144 | $54,242 | 7.2 years |
| 14 kW | $2.58 | $25,308 | $63,810 | 7.1 years |
| 16 kW | $2.53 | $28,320 | $73,528 | 7.0 years |
| 18 kW | $2.47 | $31,182 | $83,397 | 6.8 years |
| 20 kW | $2.42 | $33,894 | $93,416 | 6.7 years |
How to Save on Solar Panels
There are a lot of companies available in Carrizo Springs, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: The model of solar panel you need to get plays a role in which company you should choose, since different companies offer different panels.
- Contract: Although reading through a contract can be tedious, 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.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
- Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
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 Carrizo Springs, TX Solar Cost FAQs
How much does it cost to install solar panels in Carrizo Springs?
The average cost of solar panels in Carrizo Springs is about $13,450 for a 5-kW system and $26,900 for a 10-kW system before the ITC, but the real cost will depend on things such as the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider aside from cost when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase your property value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Carrizo Springs is currently $78,100, so you can expect a value of about $3,202 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Carrizo Springs is a rewarding investment.
How long do solar panels last in Carrizo Springs?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable 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 after having 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.