Solar Panel Cost Guide in Crockett, TX (Jan 2023)
- Crockett Solar Installation Cost: $14,480
- 25-Year Savings: $25,239
- Payback Period: 9.1 Years
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Updated January 20, 2023
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Average Cost of Solar Panels in Crockett
We go over average solar pricing in Crockett.
The national average cost of solar panels is $2.66 per watt, but in Crockett it's $3 per watt. The average solar panel system size in Crockett is around 7.7 kilowatts, meaning a cost of about $14,480 for a solar installation, or $10,715 after the 30% federal solar tax credit is applied.
These figures are only averages, and the cost of going solar for you may differ based on factors unique to your home and what company you go with. Despite the significant initial cost, the average Crockett homeowner can save around $20,000 on their electricity bills over 20 years, which is one of the perks of solar.
To receive a free quote from a top solar installation company in Crockett, you can click the button below.
Solar savings over time in Crockett
| Year | Return on Investment |
|---|---|
| 1 years | $-12,892 |
| 3 years | $-9,714 |
| 5 years | $-6,536 |
| 7 years | $-3,359 |
| 9 years | $-181 |
| 11 years | $2,996 |
| 13 years | $6,174 |
| 15 years | $9,351 |
| 17 years | $12,529 |
| 19 years | $15,706 |
| 21 years | $18,884 |
| 23 years | $22,061 |
| 25 years | $25,239 |
Top Solar Installers in Crockett
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Going with a solar company can make switching to solar power much easier. Plus, if you aren't sure what type of solar panels and equipment you may need, a solar installer can help you figure that out after a site survey and consultation.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some near you:
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 Crockett
Factors that Affect Solar Panel Costs in Crockett
There are several criteria that can play into your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it's important to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use. The type of 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 in the long run on your electric bills. Additionally, extra products, like solar batteries, can bring your total well above the Crockett average.
Solar Financing Terms
Most solar installers in Crockett provide solar loans, which reduce the initial cost of installing solar panels. Even though solar loans make adopting solar energy more accessible for Crockett homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make 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 play a role in your total costs. There are about 3 solar panel companies in Crockett, and each can charge varying amounts for labor and equipment. You may come across national solar installers that have lower prices because of their larger brand name and access to bulk 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 | $19,238 | 9.5 years |
| 8 kW | $2.74 | $15,365 | $25,951 | 9.3 years |
| 10 kW | $2.69 | $18,830 | $32,816 | 9.1 years |
| 12 kW | $2.64 | $22,144 | $39,831 | 8.9 years |
| 14 kW | $2.58 | $25,308 | $46,997 | 8.8 years |
| 16 kW | $2.53 | $28,320 | $54,313 | 8.6 years |
| 18 kW | $2.47 | $31,182 | $61,780 | 8.4 years |
| 20 kW | $2.42 | $33,894 | $69,398 | 8.2 years |
How to Save on Solar Panels
There are numerous companies available in Crockett, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you choose.
- Contract: When looking through your solar installer's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
- Installation Process: Make sure you're on the same page with the installer regarding how the installation process will go and what you need to do before your solar panels are installed, such as updating your electrical system or roof.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like EcoWatch.
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 Crockett, TX Solar Cost FAQs
What is the average cost of installing solar panels in Crockett?
This is a difficult question to answer precisely, because the cost depends on a few different 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 be more expensive if you want extra solar equipment or more efficient panels, or if you have above-average energy usage. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Crockett?
Leasing solar panels can be an appealing choice, because it usually comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better option if you want to get the most savings.
Does Crockett have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can be compensated for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
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.