Solar Panel Cost Guide in Cisco, TX (2024 Update)
- Cisco Solar Installation Cost: $17,191
- 25-Year Savings: $22,779
- Payback Period: 11.7 Years
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Average Cost of Solar Panels in Cisco
Here’s how much it might cost to install solar panels in Cisco.
The average cost of a solar panel system in Cisco is 3 per watt.The average Cisco homeowner needs a 7.4-kilowatt system, which would cost about $17,191 with the federal tax credit, or $24,583 before the 0 tax credit is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy use, the type of solar system you want, your solar contractor and more.Despite the significant upfront cost, the average Cisco homeowner can save around $19,000 on their energy bills over 20 years, which is one of the positives of solar.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Cisco
| Year | Return on Investment |
|---|---|
| 1 years | $-15,631 |
| 3 years | $-12,512 |
| 5 years | $-9,393 |
| 7 years | $-6,273 |
| 9 years | $-3,154 |
| 11 years | $-34 |
| 13 years | $3,085 |
| 15 years | $6,204 |
| 17 years | $9,324 |
| 19 years | $12,443 |
| 21 years | $15,563 |
| 23 years | $18,682 |
| 25 years | $21,801 |
Top Solar Installers in Cisco
Although it's possible to install solar panels yourself, it takes extra time and know-how. That's one of the reasons almost all homeowners choose to hire a solar panel installer. Plus, if you’re unsure what kind of solar panels and equipment you may need, a solar expert can help you find the right equipment for you after a site survey and consultation.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Cisco
Factors that Affect Solar Panel Costs in Cisco
Even though the average cost of a solar system in Cisco is $17,191, your actual cost may differ. There are several factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.
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 energy your household uses, the larger your system will likely need to be. You can expect to pay about $3,330 per kilowatt in Cisco.The brand and kind of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive 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 can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are available from most installers in Cisco, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible.Although solar loans make switching to solar energy more accessible for Cisco homeowners, they can also add to the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Finally, the company you get to install your solar panel system can play a part in determining how much you pay. Cisco’s solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell products with high efficiency and therefore a higher price point — 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 decide on 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 | $3.46 | $14,545 | $15,284 | 12.2 years |
| 8 kW | $3.40 | $19,021 | $20,752 | 12.0 years |
| 10 kW | $3.33 | $23,310 | $26,406 | 11.7 years |
| 12 kW | $3.26 | $27,413 | $32,246 | 11.5 years |
| 14 kW | $3.20 | $31,329 | $38,274 | 11.3 years |
| 16 kW | $3.13 | $35,058 | $44,487 | 11.0 years |
| 18 kW | $3.06 | $38,601 | $50,887 | 10.8 years |
| 20 kW | $3.00 | $41,958 | $57,474 | 10.5 years |
How to Save on Solar Panels
There are a lot of companies available in Cisco, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should acquire and what the project timeline is.
- Solar Panel Brands: The brand of solar panel you want to get plays a role in which installer you should opt for, since different companies have access to different panels.
- Contract: It’s important to look over your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what you can expect about your solar system’s energy production.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Cisco, TX Solar Cost FAQs
How much does it cost to install solar panels in Cisco?
The average cost of solar panels in Cisco is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Cisco?
A solar panel system isn’t free in Cisco, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
How will having solar panels impact how much my home is worth?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Cisco is currently $127,717, which means you could be looking at a value of about $5,236 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Cisco is a fruitful investment.
How long do solar panels last in Cisco?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.