Solar Panel Cost Guide in Conroe, TX (2023 Update)
- Conroe Solar Installation Cost: $14,480
- 25-Year Savings: $22,820
- Payback Period: 9.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Conroe
Let's take a look at the average cost of solar panels in Conroe.
The average cost of a solar panel system in Conroe is 2.69 per watt. The average Conroe 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.
How much you pay can be higher or lower than the average in Conroe depending on a variety of factors, such as the kind of solar panels you choose and the solar installer you hire. But, once you've paid the initial cost of installation, the savings for most homeowners is quite good, with a net average savings of about $18,000 over 20 years on power bills.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Conroe
| Year | Return on Investment |
|---|---|
| 1 years | $-13,181 |
| 3 years | $-10,584 |
| 5 years | $-7,987 |
| 7 years | $-5,390 |
| 9 years | $-2,793 |
| 11 years | $-196 |
| 13 years | $2,401 |
| 15 years | $4,999 |
| 17 years | $7,596 |
| 19 years | $10,193 |
| 21 years | $12,790 |
| 23 years | $15,387 |
| 25 years | $17,984 |
Top Solar Installers in Conroe
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Hiring a solar company can make converting to solar power much easier. Companies can also offer access to various kinds of the best solar panels and help you choose which one will be right for you.
If you're searching for a solar installer in Conroe, the EcoWatch team has organized 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 Conroe
Factors that Affect Solar Panel Costs in Conroe
While the average cost of a solar system in Conroe is $14,480, your final cost may be higher or lower than that. There are many factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
When it comes to estimating the price of solar panels in Conroe, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy usage, which you can determine by looking at past energy bills. Your overall cost can increase by about $2,690 for each additional kilowatt you need. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Conroe, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of 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
If paying for a solar system out of pocket is too expensive, solar loans are a popular option because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. You'll have to consider the long-term cost of financing options, including the amount of interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Conroe is the company you get to install your solar system. Similar to choosing a company to install new cabinets, for example, you'll have many options for solar installers that provide a range of services for different budgets. Additionally, some companies in Conroe are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $17,354 | 10.1 years |
| 8 kW | $2.74 | $15,365 | $23,439 | 9.9 years |
| 10 kW | $2.69 | $18,830 | $29,676 | 9.7 years |
| 12 kW | $2.64 | $22,144 | $36,063 | 9.5 years |
| 14 kW | $2.58 | $25,308 | $42,601 | 9.3 years |
| 16 kW | $2.53 | $28,320 | $49,289 | 9.1 years |
| 18 kW | $2.47 | $31,182 | $56,128 | 8.9 years |
| 20 kW | $2.42 | $33,894 | $63,118 | 8.7 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a tough decision, we have some tips to help you, such as:
- Contract: Before signing a contract with a solar installer, make sure to look it over completely so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and how long the project will take.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to get the job done well. Another way you can check your installer's reputation is by reading reviews.
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 Conroe, TX Solar Cost FAQs
What is the average cost of installing solar panels in Conroe?
The average cost of solar panels in Conroe is about $13,450 for a 5-kW system and $26,900 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider apart from cost when buying solar panels?
Cost is a very important 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 take into account are the quality and durability of your solar panels.
How much can I save on electricity bills after installing solar panels?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Conroe, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.