Solar Panel Cost Guide in Cockrell Hill, TX (2024 Update)
- Cockrell Hill Solar Installation Cost: $17,930
- 25-Year Savings: $22,704
- Payback Period: 12.1 Years
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Average Cost of Solar Panels in Cockrell Hill
Find out what the average cost of installing solar panels is in Cockrell Hill.
The average cost of solar panels in Cockrell Hill is 3 per watt.Because a 7.7-kW system is needed to cover the energy consumption of a typical home in Cockrell Hill, the average price of going solar will be about $17,930 after claiming the federal solar tax credit of 0.
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 equipment you choose, your solar contractor and more.But, after you've paid the initial cost of installation, the return on investment for most homeowners is usually fruitful, with a net average savings of about $19,000 over 20 years on electricity bills.
To get a free estimate from a pre-vetted solar company in Cockrell Hill, you can click the button below.
Solar savings over time in Cockrell Hill
| Year | Return on Investment |
|---|---|
| 1 years | $-16,509 |
| 3 years | $-13,667 |
| 5 years | $-10,825 |
| 7 years | $-7,983 |
| 9 years | $-5,141 |
| 11 years | $-2,299 |
| 13 years | $544 |
| 15 years | $3,386 |
| 17 years | $6,228 |
| 19 years | $9,070 |
| 21 years | $11,912 |
| 23 years | $14,754 |
| 25 years | $17,597 |
Top Solar Installers in Cockrell Hill
Many homeowners decide to hire a solar panel company since figuring out how to install solar panels on your own can be hard. Another benefit of using a solar company is that they can help you make the most of your return of investment by lowering your future costs of repairs and replacements because of warranties and informing you of local incentives you can take advantage of.
If you're searching for a solar company in Cockrell Hill, we've put together 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Cockrell Hill
Factors that Affect Solar Panel Costs in Cockrell Hill
For many Cockrell Hill homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Cockrell Hill, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar energy system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,330. There are many different solar panel brands and the one you choose also changes the cost. Generally, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Cockrell Hill to be prohibitively costly, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides access to financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also lead to higher prices over time because of interest.Although solar loans make switching to solar energy more accessible for Cockrell Hill homeowners, they can also increase 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
Lastly, the company you get to install your solar system can impact the cost. Cockrell Hill’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle 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 | $3.46 | $14,545 | $14,461 | 12.5 years |
| 8 kW | $3.40 | $19,021 | $19,655 | 12.3 years |
| 10 kW | $3.33 | $23,310 | $25,035 | 12.1 years |
| 12 kW | $3.26 | $27,413 | $30,601 | 11.8 years |
| 14 kW | $3.20 | $31,329 | $36,354 | 11.6 years |
| 16 kW | $3.13 | $35,058 | $42,294 | 11.3 years |
| 18 kW | $3.06 | $38,601 | $48,419 | 11.1 years |
| 20 kW | $3.00 | $41,958 | $54,732 | 10.8 years |
How to Save on Solar Panels
Since the type of solar panels and the installation company you choose greatly impacts your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past 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 fully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Cockrell Hill, TX Solar Cost FAQs
How much does it cost to install solar panels in Cockrell Hill?
The average cost of solar panels in Cockrell Hill is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the real cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Cockrell Hill?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Is making the switch to solar worth it?
Solar panels can be a beneficial investment for most 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 long do solar panels last in Cockrell Hill?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using 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.