Solar Panel Cost Guide in Celina, TX (2023 Update)
- Celina Solar Installation Cost: $14,491
- 25-Year Savings: $22,340
- Payback Period: 9.8 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Celina
We break down average solar pricing in Celina.
In Celina, solar panels cost about 2.69 per watt on average. Using this figure, a typical 7.7-kW system would cost about $14,499 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll pay for solar may look quite different based on your household energy consumption, the type of solar panels you choose, your solar contractor and more. With average savings of about $18,000 on electricity bills over 20 years, many homeowners in Celina find going solar can be quite rewarding.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Celina
| Year | Return on Investment |
|---|---|
| 1 years | $-13,204 |
| 3 years | $-10,631 |
| 5 years | $-8,058 |
| 7 years | $-5,485 |
| 9 years | $-2,912 |
| 11 years | $-339 |
| 13 years | $2,234 |
| 15 years | $4,807 |
| 17 years | $7,380 |
| 19 years | $9,953 |
| 21 years | $12,526 |
| 23 years | $15,099 |
| 25 years | $17,672 |
Top Solar Installers in Celina
Although it's possible to install solar panels on your own, it requires extra effort and expertise. That's one of the reasons the majority of homeowners choose a solar panel installer. Companies can also have access to various kinds of the best solar panels and help you pick which one will be best for your home.
You can work with a local solar installer to get a free quote on how much solar panels could cost 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 Celina
Factors that Affect Solar Panel Costs in Celina
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few key factors that determine your overall cost in Celina: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend about $2,690 per kilowatt in Celina. The brand and kind of equipment you want for your solar system can increase or decrease 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 greater savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar companies in Celina provide solar loans, which reduce the initial cost of installing solar. Though solar loans make going solar more accessible for Celina homeowners, they can also raise the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Celina is the company you hire to install your PV system. Similar to choosing a company to build a deck or pool, for example, you'll have no shortage of solar installers that provide a range of services for different budgets. Additionally, some companies in Celina know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, 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 | $16,965 | 10.2 years |
| 8 kW | $2.74 | $15,365 | $22,921 | 10.0 years |
| 10 kW | $2.69 | $18,830 | $29,028 | 9.8 years |
| 12 kW | $2.64 | $22,144 | $35,286 | 9.6 years |
| 14 kW | $2.58 | $25,308 | $41,694 | 9.4 years |
| 16 kW | $2.53 | $28,320 | $48,253 | 9.2 years |
| 18 kW | $2.47 | $31,182 | $54,963 | 9.0 years |
| 20 kW | $2.42 | $33,894 | $61,823 | 8.9 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Celina, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Contract: Even 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 the terms of the warranty.
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 Celina, TX Solar Cost FAQs
How much does it cost to install solar panels in Celina?
This is a hard question to answer precisely, because the cost depends on many 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. It will cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Celina?
A solar panel system isn't free in Celina, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How will having 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 Celina is currently $316,252, which means you can look forward to a value of about $12,966 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Celina is a fruitful investment.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.