Solar Panel Cost Guide in Commerce, TX (2024 Update)
- Commerce Solar Installation Cost: $18,128
- 25-Year Savings: $22,544
- Payback Period: 12.2 Years
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Average Cost of Solar Panels in Commerce
Let’s take a look at the average cost of solar in Commerce.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Commerce, the average cost of a solar system is 3 per watt.Using this figure, a typical 7.8-kW system would cost about $18,128 before the 0 federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy needs, the type of solar panels you choose, your solar contractor and more.But, after you've paid the upfront cost of installation, the savings for most homeowners is usually rewarding, with a net average savings of about $19,000 over 20 years on utility bills.
To get a free quote from a highly rated solar company in Commerce, you can click the button below.
Solar savings over time in Commerce
| Year | Return on Investment |
|---|---|
| 1 years | $-16,263 |
| 3 years | $-12,532 |
| 5 years | $-8,802 |
| 7 years | $-5,071 |
| 9 years | $-1,340 |
| 11 years | $2,390 |
| 13 years | $6,121 |
| 15 years | $9,852 |
| 17 years | $13,582 |
| 19 years | $17,313 |
| 21 years | $21,044 |
| 23 years | $24,774 |
| 25 years | $28,505 |
Top Solar Installers in Commerce
Trying to install solar panels by yourself can be a dangerous project, which is why using a solar installer is a good option for many homeowners. The payback period on an investment in solar panels will vary based on factors like your location and energy usage, but going with a solar installer can shorten that period. Your provider will be able to help you get the most out of incentives available in your area.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some in Commerce:
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 Commerce
Factors that Affect Solar Panel Costs in Commerce
For many Commerce homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Commerce, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most significant 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 consumes, the larger your system will likely need to be. You can expect to pay around $3,330 per kilowatt in Commerce.The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your power bills. In addition, add-on products, such as solar batteries, can bring your total well above the Commerce average.
Solar Financing Terms
Most solar companies in Commerce offer solar loans, which reduce your upfront costs of installing solar panels.When estimating your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
Finally, the company you choose to install your solar panels can affect your pricing. Commerce’s solar companies all have different labor costs and add varying upcharges to equipment. The company’s size can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger 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 | $14,145 | 12.7 years |
| 8 kW | $3.40 | $19,021 | $19,233 | 12.4 years |
| 10 kW | $3.33 | $23,310 | $24,507 | 12.2 years |
| 12 kW | $3.26 | $27,413 | $29,968 | 11.9 years |
| 14 kW | $3.20 | $31,329 | $35,616 | 11.7 years |
| 16 kW | $3.13 | $35,058 | $41,450 | 11.5 years |
| 18 kW | $3.06 | $38,601 | $47,470 | 11.2 years |
| 20 kW | $3.00 | $41,958 | $53,677 | 11.0 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years in most cases offer quality solar panel installation and expertise.
- Contract: Though reading through a contract can take a lot of time, it’s important to do it carefully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Although there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to ask for their list of offerings before deciding.
- Warranty: Warranties that cover defective panels and repairs over a couple decades are the best you can get in the business, and offering such a warranty is one indication of a good company.
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 Commerce, TX Solar Cost FAQs
How much does it cost to install solar panels in Commerce?
The average cost of solar panels in Commerce 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 like the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Commerce?
Solar panels aren’t free in Commerce, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Does Commerce have a net metering program?
Most states offer net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Commerce?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount 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.