Solar Panel Cost Guide in Cockrell Hill, TX (Mar 2023)
- Cockrell Hill Solar Installation Cost: $14,480
- 25-Year Savings: $22,707
- Payback Period: 9.7 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Cockrell Hill
Find out what the average cost of a solar system is in Cockrell Hill.
In Cockrell Hill, solar panels cost about 2.69 per watt on average. The average Cockrell Hill homeowner needs a 7.7-kilowatt system, which would cost about $14,480 with the federal tax credit, or $20,706 before the 30% tax credit is applied.
These figures are just averages, and the cost of going solar for you will vary based on your energy needs and what company you choose to go with. For most homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $19,000 in savings on utility bills over 20 years.
For a personalized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Cockrell Hill
Year | Return on Investment |
---|---|
1 years | $-12,993 |
3 years | $-10,018 |
5 years | $-7,043 |
7 years | $-4,068 |
9 years | $-1,093 |
11 years | $1,882 |
13 years | $4,857 |
15 years | $7,832 |
17 years | $10,807 |
19 years | $13,782 |
21 years | $16,757 |
23 years | $19,732 |
25 years | $22,707 |
Top Solar Installers in Cockrell Hill
Although you can install solar panels by yourself, it takes extra energy and handiness. For that reason, most homeowners choose to go with a solar panel installer. Local solar companies can also help you maximize your return on investment by assisting with any local incentives and by offering warranties and repairs.
If you'd like to start using solar energy but still aren't sure which solar panel installer to go with, here are our suggestions for providers in Cockrell Hill:
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 Cockrell Hill
Factors that Affect Solar Panel Costs in Cockrell Hill
There are a number of criteria that can play into your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,690. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Cockrell Hill, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Cockrell Hill to be prohibitively steep, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides financing options. Solar loans substantially decrease upfront costs in most cases, but they also result in higher prices over time because of interest. When figuring out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Cockrell Hill is the company you choose to install your PV system. As with choosing a company to install new cabinets, for instance, there's no shortage of solar installers that offer a range of services at different price points. The company's size sometimes plays the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $17,257 | 10.1 years |
8 kW | $2.74 | $15,365 | $23,311 | 9.9 years |
10 kW | $2.69 | $18,830 | $29,515 | 9.7 years |
12 kW | $2.64 | $22,144 | $35,870 | 9.5 years |
14 kW | $2.58 | $25,308 | $42,375 | 9.3 years |
16 kW | $2.53 | $28,320 | $49,031 | 9.2 years |
18 kW | $2.47 | $31,182 | $55,838 | 9.0 years |
20 kW | $2.42 | $33,894 | $62,796 | 8.8 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be difficult, we have some tips to help you, such as:
- Reputation: Your solar installer should have a sound reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Solar Panel Brands: Different companies will have different brands and types of panels. If you want a specific brand, make sure the solar installer you're considering has it.
- Contract: It's important to read your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Warranty: If you're concerned about the durability of your solar panel system, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
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 Cockrell Hill, TX Solar Cost FAQs
What is the average cost of installing solar panels in Cockrell Hill?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $13,450 for a 5-kW system and $26,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
What other factors should I consider in addition to cost when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Cockrell Hill?
Solar panels can be a great investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already reasonably low, solar panels might not be for you.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
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.