Solar Panel Cost Guide in Copperas Cove, TX (Mar 2023)
- Copperas Cove Solar Installation Cost: $14,122
- 25-Year Savings: $20,506
- Payback Period: 10.2 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Copperas Cove
Find out what the average cost of installing solar panels is in Copperas Cove.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Copperas Cove, the typical cost of solar panels is 2.69 per watt. Using this figure, a typical 7.5-kW system would cost about $14,122 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy consumption, the type of solar panels you want, your solar contractor and more. Many homeowners find going solar is a sound investment. The average homeowner in Copperas Cove can save about $18,000 on their power bills over 20 years.
To get a free estimate from a pre-vetted solar company in Copperas Cove, you can click the button below.
Solar savings over time in Copperas Cove
| Year | Return on Investment |
|---|---|
| 1 years | $-12,737 |
| 3 years | $-9,967 |
| 5 years | $-7,197 |
| 7 years | $-4,427 |
| 9 years | $-1,656 |
| 11 years | $1,114 |
| 13 years | $3,884 |
| 15 years | $6,654 |
| 17 years | $9,425 |
| 19 years | $12,195 |
| 21 years | $14,965 |
| 23 years | $17,735 |
| 25 years | $20,506 |
Top Solar Installers in Copperas Cove
When going solar, many homeowners prefer to use a solar company since overseeing your solar installation yourself can be a time-consuming project. A solar company can also help save you money over time by offering warranties, repairs and part replacements.
Working with a licensed solar company can help your solar project go smoothly. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Copperas Cove
Factors that Affect Solar Panel Costs in Copperas Cove
While the average cost of a solar system in Copperas Cove is $14,122, your actual cost may differ. There are many factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. That's why it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use. The solar equipment you choose can increase or decrease your cost 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. On the other hand, higher efficiency could save you more over time on your electric bills. In addition, extra products, such as solar batteries, can bump up your total well above the Copperas Cove average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are available from most installers in Copperas Cove, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable. While solar loans make adopting solar energy more accessible for Copperas Cove homeowners, they can also raise the total you pay for your system, depending on your interest rate. 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 opt for to install your solar system can play a role in determining the cost. Copperas Cove's solar companies all have different labor costs and add varying upcharges to equipment. You may come across 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 major players.
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 | $15,944 | 10.6 years |
| 8 kW | $2.74 | $15,365 | $21,560 | 10.4 years |
| 10 kW | $2.69 | $18,830 | $27,326 | 10.2 years |
| 12 kW | $2.64 | $22,144 | $33,243 | 10.0 years |
| 14 kW | $2.58 | $25,308 | $39,311 | 9.8 years |
| 16 kW | $2.53 | $28,320 | $45,530 | 9.6 years |
| 18 kW | $2.47 | $31,182 | $51,899 | 9.4 years |
| 20 kW | $2.42 | $33,894 | $58,418 | 9.2 years |
How to Save on Solar Panels
There are numerous companies to choose from in Copperas Cove, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Companies that have been in business for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Contract: Look through the contract terms carefully to make sure you understand how much it will cost, completion timeline incentives and warranties.
- Solar Panel Brands: Different companies will carry different brands and kinds of panels. If you want a specific brand, make sure the solar installer you're considering has it.
- Installation Process: Make sure you're on the same page with the company with regard to how the installation process will go and what you need to do before your solar system is installed, such as updating your electrical system or roof.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Copperas Cove, TX Solar Cost FAQs
How much does it cost to install solar panels in Copperas Cove?
This is a difficult question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $13,450 for a 5-kW system and $26,900 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Is cost the most important thing to think about when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase how much your home is worth?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Copperas Cove is currently $135,092, which means you can expect a value of about $5,539 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Copperas Cove is a fruitful investment.
How long do solar panels last in Copperas Cove?
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 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.