Solar Panel Cost Guide in Corsicana, TX (2024 Update)
- Corsicana Solar Installation Cost: $17,801
- 25-Year Savings: $22,919
- Payback Period: 11.9 Years
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Average Cost of Solar Panels in Corsicana
Let’s take a look at the average cost of solar in Corsicana.
Although the national average of solar panels is $2.66 per watt, solar panels in Corsicana generally cost around 3.Using this figure, a typical 7.6-kW system would cost about $17,801 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of making the switch to solar can vary quite a bit depending on several factors, such as how many panels you need, your energy consumption and what company you go with.Many homeowners find installing a solar system is a sound investment. The average homeowner in Corsicana can save about $19,000 on their energy bills over 20 years.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Corsicana
| Year | Return on Investment |
|---|---|
| 1 years | $-16,206 |
| 3 years | $-13,016 |
| 5 years | $-9,826 |
| 7 years | $-6,636 |
| 9 years | $-3,446 |
| 11 years | $-256 |
| 13 years | $2,934 |
| 15 years | $6,124 |
| 17 years | $9,314 |
| 19 years | $12,504 |
| 21 years | $15,694 |
| 23 years | $18,884 |
| 25 years | $22,074 |
Top Solar Installers in Corsicana
When going solar, many homeowners choose to use a solar installer since putting up a solar system yourself can be a challenging project. The expertise that solar installers offer can be useful as well, particularly if you aren’t sure what brand of solar equipment would be right for your home.
If you're on the hunt for a solar company in Corsicana, we've organized a list of our top suggestions here:
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 Corsicana
Factors that Affect Solar Panel Costs in Corsicana
Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that affect your total cost in Corsicana: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Corsicana, one of the most crucial 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 figure out by looking at past power bills. Your overall cost can increase by about $3,330 for each additional kilowatt you need.The model of solar panels and equipment you choose is another factor that will largely impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment is more than just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
Most solar companies in Corsicana provide solar loans, which reduce your upfront costs of installing solar.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The remaining significant cost factor you should consider is the installer you choose. Given the massive popularity of clean energy solutions in Corsicana, you’ll have lots of options to choose from, but each comes at various price points for labor and equipment.The company’s size sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have 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 discount 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 | $14,760 | 12.4 years |
| 8 kW | $3.40 | $19,021 | $20,053 | 12.2 years |
| 10 kW | $3.33 | $23,310 | $25,533 | 11.9 years |
| 12 kW | $3.26 | $27,413 | $31,199 | 11.7 years |
| 14 kW | $3.20 | $31,329 | $37,051 | 11.5 years |
| 16 kW | $3.13 | $35,058 | $43,090 | 11.2 years |
| 18 kW | $3.06 | $38,601 | $49,315 | 11.0 years |
| 20 kW | $3.00 | $41,958 | $55,727 | 10.7 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Corsicana, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: Different companies will carry different brands and types of panels. If you want a specific brand, make sure the solar company you’re considering has it.
- Reputation: Your solar installer should have a solid reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Contract: Though reading through a contract can take a lot of time, it’s important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the completion timeline.
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 Corsicana, TX Solar Cost FAQs
What is the average cost of installing solar panels in Corsicana?
The average cost of solar panels in Corsicana 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 stuff like the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Corsicana?
Solar panels aren’t free in Corsicana, 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 you can take advantage of.
Does Corsicana have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future utility bills.
How long do solar panels last in Corsicana?
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 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.