Solar Panel Cost Guide in Clyde, TX (2023 Update)
- Clyde Solar Installation Cost: $13,754
- 25-Year Savings: $26,982
- Payback Period: 8.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Clyde
Find out what the average cost of installing solar panels is in Clyde.
In Clyde, solar panels cost about 2.69 per watt on average. The average solar panel system size in Clyde is around 7.3 kilowatts, meaning a cost of about $13,746 for a solar installation, or $19,657 before the 30% federal solar tax credit is applied.
How much you pay can go above or below the average in Clyde depending on a few factors, such as the brand of solar panels you choose and the solar company you hire. Many homeowners find going solar is a solid investment. The average homeowner in Clyde can save around $21,000 on their power bills over 20 years.
You can click the button below to get connected with a vetted solar company in Clyde that can help you get a more accurate cost estimate for your home.
Solar savings over time in Clyde
| Year | Return on Investment |
|---|---|
| 1 years | $-13,618 |
| 3 years | $-13,346 |
| 5 years | $-13,075 |
| 7 years | $-12,803 |
| 9 years | $-12,532 |
| 11 years | $-12,260 |
| 13 years | $-11,989 |
| 15 years | $-11,717 |
| 17 years | $-11,445 |
| 19 years | $-11,174 |
| 21 years | $-10,902 |
| 23 years | $-10,631 |
| 25 years | $-10,359 |
Top Solar Installers in Clyde
Many homeowners opt for a solar panel installer since installing solar panels on your own can be a lot of work. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and component replacements.
If you're on the hunt for a solar installer in Clyde, the EcoWatch team has compiled 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
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 Clyde
Factors that Affect Solar Panel Costs in Clyde
There are a number of factors that can play into your solar panel 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
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. Because of that, it's a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. 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 add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar companies in Clyde offer solar loans, which reduce your upfront costs of installing solar panels. It's wise to factor 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 the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The solar installer you choose to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Clyde, and each can charge different amounts for labor and equipment. Larger national companies generally have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.
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 | $21,712 | 8.8 years |
| 8 kW | $2.74 | $15,365 | $29,251 | 8.6 years |
| 10 kW | $2.69 | $18,830 | $36,940 | 8.4 years |
| 12 kW | $2.64 | $22,144 | $44,780 | 8.3 years |
| 14 kW | $2.58 | $25,308 | $52,771 | 8.1 years |
| 16 kW | $2.53 | $28,320 | $60,912 | 7.9 years |
| 18 kW | $2.47 | $31,182 | $69,204 | 7.8 years |
| 20 kW | $2.42 | $33,894 | $77,646 | 7.6 years |
How to Save on Solar Panels
The solar installer you opt for will affect not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should consider, including:
- Warranty: If you're concerned about the durability of your solar panel system, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: It's important to read your solar installer's contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- 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 past customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Different companies carry different brands and kinds of panels. If you prefer a specific brand, make sure the solar panel installer you're considering has it.
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 Clyde, TX Solar Cost FAQs
What is the average cost of installing solar panels in Clyde?
The average cost of solar panels in Clyde 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 like the model of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
The upfront cost is a key factor to consider, but whether it's the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Can solar panels significantly reduce my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,115.40 per year.
How long do solar panels last in Clyde?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt 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.