Solar Panel Cost Guide in Cross Mountain, TX (2023 Update)
- Cross Mountain Solar Installation Cost: $14,110
- 25-Year Savings: $23,291
- Payback Period: 9.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Cross Mountain
We go over average solar pricing in Cross Mountain.
The average cost of solar panels in Cross Mountain is 2.69 per watt. Using this figure, a typical 7.5-kW system would cost about $14,104 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The true cost of going solar can vary depending on a few factors, such as how many panels you need, your energy usage and what solar installer you go with. For most homeowners, the upfront investment in solar panels is worth paying. On average Cross Mountain homeowners see about $19,000 in savings on utility bills over 20 years.
To receive a free estimate from a highly rated solar installation company in Cross Mountain, you can click the button below.
Solar savings over time in Cross Mountain
Year | Return on Investment |
---|---|
1 years | $-12,701 |
3 years | $-9,882 |
5 years | $-7,063 |
7 years | $-4,245 |
9 years | $-1,426 |
11 years | $1,392 |
13 years | $4,211 |
15 years | $7,030 |
17 years | $9,848 |
19 years | $12,667 |
21 years | $15,485 |
23 years | $18,304 |
25 years | $21,122 |
Top Solar Installers in Cross Mountain
Many homeowners choose to use a solar panel company since installing solar panels on your own can be challenging. A solar company can also help save you money in the long run by offering warranties, repairs and system component replacements.
Working with a professional solar company can make going solar easier. Here are our recommendations:
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 Cross Mountain
Factors that Affect Solar Panel Costs in Cross Mountain
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few key factors that affect your total cost in Cross Mountain: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar system in Cross Mountain, 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 consumption, which you can figure out by looking at past energy bills. Your total cost can increase by around $2,690 for each additional kilowatt you need. There are many different solar panel brands and the one you choose also affects the cost. In many cases, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Cross Mountain to be too steep, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in a higher cost over time due to interest. However, the interest on solar loans also increases your overall costs, so it's important to take that into consideration as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installer you select will affect your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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 | $18,197 | 9.8 years |
8 kW | $2.74 | $15,365 | $24,564 | 9.6 years |
10 kW | $2.69 | $18,830 | $31,082 | 9.4 years |
12 kW | $2.64 | $22,144 | $37,750 | 9.2 years |
14 kW | $2.58 | $25,308 | $44,569 | 9.1 years |
16 kW | $2.53 | $28,320 | $51,539 | 8.9 years |
18 kW | $2.47 | $31,182 | $58,659 | 8.7 years |
20 kW | $2.42 | $33,894 | $65,930 | 8.5 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be difficult, we have some tips to help you, such as:
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Even though there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you peruse their list of offerings before making your decision.
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- 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 not sure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
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 Cross Mountain, TX Solar Cost FAQs
What is the average cost of installing solar panels in Cross Mountain?
The average cost of solar panels in Cross Mountain 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 certain factors such as the type of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Cross Mountain?
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 way to go if you want to get the most savings.
Can you sell solar power back to the grid in Cross Mountain?
The majority of states offer net metering programs of some kind. Through these, you can either get paid for the extra power your system generates or or receive credits to put toward future electricity 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?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house 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.