Solar Panel Cost Guide in Colleyville, TX (2024 Update)

  • Colleyville Solar Installation Cost: $17,834
  • 25-Year Savings: $22,781
  • Payback Period: 12.0 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Colleyville

Here’s how much it might cost to go solar in Colleyville.

In Colleyville, solar panels cost about 3 per watt on average.The average solar panel system size in Colleyville is around 7.7 kilowatts, meaning a cost of about $17,834 for a solar installation, or $25,503 before the 0 federal solar tax credit is applied.

Bear in mind that the figures above are only estimates based on the average energy use of Colleyville homeowners. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.For most homeowners, the upfront cost of solar power is worth paying. On average homeowners in Colleyville see about $19,000 in savings on electricity bills over 20 years.

To receive a free estimate from a highly rated solar installer in Colleyville, you can click the button below.

Solar savings over time in Colleyville

Year Return on Investment
1 years $-16,413
3 years $-13,571
5 years $-10,729
7 years $-7,887
9 years $-5,045
11 years $-2,202
13 years $640
15 years $3,482
17 years $6,324
19 years $9,166
21 years $12,008
23 years $14,850
25 years $17,693

Top Solar Installers in Colleyville

Although you can install solar panels on your own, it takes extra labor and know-how. Because of that, most people choose to hire a solar panel installer. The payback period on a solar system will vary based on factors like your roof configuration and energy consumption, but going with a solar company can shorten that period. Your provider will be able to help you apply for incentives available in your area.

There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Colleyville

Factors that Affect Solar Panel Costs in Colleyville

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

When it comes to estimating the cost of a solar energy system in Colleyville, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy consumption, which you can figure out by looking at past power bills. Your total cost can increase by about $3,330 for each additional kilowatt you need.There are a lot of different solar panel brands and the one you choose also changes the cost. In many cases, the brands that are more efficient tend to also be more expensive. Plus, 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

Most solar companies in Colleyville provide solar loans, which reduce the initial cost of installing a solar system.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

Lastly, the company you hire to install your solar panels can influence the cost. Colleyville’s solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices due to their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.

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 $14,618 12.5 years
8 kW $3.40 $19,021 $19,863 12.2 years
10 kW $3.33 $23,310 $25,295 12.0 years
12 kW $3.26 $27,413 $30,914 11.7 years
14 kW $3.20 $31,329 $36,719 11.5 years
16 kW $3.13 $35,058 $42,710 11.3 years
18 kW $3.06 $38,601 $48,888 11.0 years
20 kW $3.00 $41,958 $55,253 10.8 years

How to Save on Solar Panels

There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:

  • Reputation: Solar installers that have great reviews from their customers and that have been in business for many years most likely provide quality solar panel installation and expertise.
  • Solar Panel Brands: Different companies will carry different brands and kinds of panels. If you want a specific brand, make sure the solar panel company you’re considering has it.
  • Installation Process: When making the switch to solar, it’s essential to maintain an open line of communication with your solar company. Make sure you understand how the installation process works and the project timeline.
  • Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Colleyville, TX Solar Cost FAQs

How much does it cost to install solar panels in Colleyville?

The average cost of solar panels in Colleyville 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 certain factors such as the type of solar panels you want, what size system you need and how much energy you use.

Are solar panels free in Colleyville?

You can’t get solar panels for free in Colleyville. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.

How much can I save on electricity bills after switching to solar?

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 $972.11 per year.

How many solar panels do I need to power my home?

The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can 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 buy 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.

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