Solar Panel Cost Guide in Cedar Hill, TX (Mar 2023)
- Cedar Hill Solar Installation Cost: $14,443
- 25-Year Savings: $22,745
- Payback Period: 9.7 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Cedar Hill
Find out what the average cost of solar panel installation is in Cedar Hill.
In Cedar Hill, solar panels cost about 2.69 per watt on average. The average solar panel system size in Cedar Hill is around 7.7 kilowatts, meaning a cost of about $14,443 for a solar installation, or $20,653 before the 30% federal solar tax credit is applied.
How much you pay can go higher or lower than the average in Cedar Hill based on several factors, such as the model of solar panels you choose and the solar company you hire. For most homeowners, the upfront investment in solar power is worth paying. On average homeowners in Cedar Hill see about $19,000 in savings on utility bills over 20 years.
Click the button below to get connected to a vetted solar panel company in Cedar Hill for a custom quote.
Solar savings over time in Cedar Hill
| Year | Return on Investment |
|---|---|
| 1 years | $-12,955 |
| 3 years | $-9,980 |
| 5 years | $-7,005 |
| 7 years | $-4,030 |
| 9 years | $-1,055 |
| 11 years | $1,920 |
| 13 years | $4,895 |
| 15 years | $7,870 |
| 17 years | $10,845 |
| 19 years | $13,820 |
| 21 years | $16,795 |
| 23 years | $19,770 |
| 25 years | $22,745 |
Top Solar Installers in Cedar Hill
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Hiring an installer can make converting to solar power much easier. A solar company can also help save you money over the lifespan of your system by providing warranties, repairs and part replacements.
If you're searching for a solar installer in Cedar Hill, 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 (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 Cedar Hill
Factors that Affect Solar Panel Costs in Cedar Hill
Although the average cost of a solar system in Cedar Hill is $14,443, your final cost may differ. There are quite a few factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
When it comes to estimating the price of a solar energy system in Cedar Hill, 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 determine by looking at past power bills. Your overall cost can increase by around $2,690 for each additional kilowatt you need. The type of solar panels and equipment you choose is another factor that will substantially impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment goes beyond just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are provided by most installers in Cedar Hill, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible. Even though solar loans make going solar more accessible for Cedar Hill homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installer you choose will influence your total cost to go solar. Different companies will bill different amounts for the equipment and labor. Additionally, some companies in Cedar Hill are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. 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 | $2.80 | $11,750 | $17,343 | 10.1 years |
| 8 kW | $2.74 | $15,365 | $23,426 | 9.9 years |
| 10 kW | $2.69 | $18,830 | $29,659 | 9.7 years |
| 12 kW | $2.64 | $22,144 | $36,042 | 9.5 years |
| 14 kW | $2.58 | $25,308 | $42,577 | 9.3 years |
| 16 kW | $2.53 | $28,320 | $49,262 | 9.1 years |
| 18 kW | $2.47 | $31,182 | $56,097 | 8.9 years |
| 20 kW | $2.42 | $33,894 | $63,083 | 8.7 years |
How to Save on Solar Panels
There are many companies available in Cedar Hill, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Contract: Before you sign a contract with a solar company, make sure you look it over fully so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should acquire and what the project timeline is.
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Solar Panel Brands: The brand of solar panel you want to get plays a part in which company you should opt for, since different companies offer different panels.
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 Cedar Hill, TX Solar Cost FAQs
How much does it cost to install solar panels in Cedar Hill?
The average cost of solar panels in Cedar Hill 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 certain factors such as the kind 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?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase your home value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Cedar Hill is currently $186,503, so you could be looking at a value of about $7,647 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Cedar Hill is a worthwhile investment.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires 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 household 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.