Solar Panel Cost Guide in Converse, TX (2024 Update)
- Converse Solar Installation Cost: $17,467
- 25-Year Savings: $23,445
- Payback Period: 11.6 Years
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Average Cost of Solar Panels in Converse
Here’s how much it might cost to install solar panels in Converse.
While the national average of solar panels is $2.66 per watt, solar panels in Converse generally cost about 3.Since a 7.5-kW system is needed to cover the energy needs of a typical home in Converse, the average price of going solar will be about $17,467 after claiming the federal solar tax credit of 0.
These figures are only estimates, and how much solar costs for you will vary based on the amount of energy your home requires and what company you choose to go with.Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Converse can save about $19,000 on their energy bills over 20 years.
You can click the button below to get connected with a vetted solar company in Converse that can help you get a more accurate cost estimate for your home.
Solar savings over time in Converse
Year | Return on Investment |
---|---|
1 years | $-16,058 |
3 years | $-13,239 |
5 years | $-10,420 |
7 years | $-7,602 |
9 years | $-4,783 |
11 years | $-1,965 |
13 years | $854 |
15 years | $3,673 |
17 years | $6,491 |
19 years | $9,310 |
21 years | $12,128 |
23 years | $14,947 |
25 years | $17,765 |
Top Solar Installers in Converse
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Hiring a solar company can make your switch to solar power much easier. Solar installers provide key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some nearby:
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 Converse
Factors that Affect Solar Panel Costs in Converse
Although the average cost of a solar system in Converse is $17,467, your actual cost may differ. There are quite a few factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more important things to consider.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,330.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Converse, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are offered by most installers in Converse, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible.Even though solar loans make switching to solar energy more accessible for Converse homeowners, they can also add to 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
The solar company you hire to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar installation companies operating in Converse, and each can charge different amounts for labor and equipment.The company’s size sometimes plays the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower 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 | $3.46 | $14,545 | $15,525 | 12.1 years |
8 kW | $3.40 | $19,021 | $21,073 | 11.9 years |
10 kW | $3.33 | $23,310 | $26,808 | 11.6 years |
12 kW | $3.26 | $27,413 | $32,729 | 11.4 years |
14 kW | $3.20 | $31,329 | $38,837 | 11.2 years |
16 kW | $3.13 | $35,058 | $45,131 | 10.9 years |
18 kW | $3.06 | $38,601 | $51,611 | 10.7 years |
20 kW | $3.00 | $41,958 | $58,278 | 10.5 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose significantly affects your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: It’s important to read through your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Warranty: If you’re concerned about the durability of your solar system, ensuring your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: The kind of solar panel you want to get plays a part in which company you should opt for, since different companies have different panels.
- Installation Process: When making the switch to solar power, it’s essential to keep an open line of communication with your solar company. See to it that you understand how the installation process will go and the completion timeline.
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 Converse, TX Solar Cost FAQs
How much does it cost to install solar panels in Converse?
This is a hard question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $16,650 for a 5-kW system and $33,300 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Converse?
You can’t get solar panels for free in Converse. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Is going solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level 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.