Solar Panel Cost Guide in Dalhart, TX (2023 Update)
- Dalhart Solar Installation Cost: $13,520
- 25-Year Savings: $34,278
- Payback Period: 7.1 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Dalhart
Find out how much it might cost to switch to solar power in Dalhart.
The average cost of a solar system in Dalhart is 2.69 per watt. The average Dalhart homeowner needs a 7.2-kilowatt system, which would cost about $13,520 with the federal tax credit, or $19,334 before the 30% tax credit is applied.
How much you pay can go above or below the average in Dalhart based on several factors, such as the type of solar panels you choose and the solar contractor you hire. Many homeowners find installing solar panels is a fruitful investment. The average homeowner in Dalhart can save around $25,000 on their energy bills over 20 years.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Dalhart
| Year | Return on Investment |
|---|---|
| 1 years | $-11,608 |
| 3 years | $-7,784 |
| 5 years | $-3,960 |
| 7 years | $-137 |
| 9 years | $3,687 |
| 11 years | $7,511 |
| 13 years | $11,335 |
| 15 years | $15,159 |
| 17 years | $18,983 |
| 19 years | $22,806 |
| 21 years | $26,630 |
| 23 years | $30,454 |
| 25 years | $34,278 |
Top Solar Installers in Dalhart
Trying to put up solar panels on your own can be a time-consuming project, which is why getting a solar installer is a good option for many homeowners. Local solar installers can also help you optimize your return on investment by walking you through any local incentives you can benefit from and by offering warranties and repairs.
If you're on the hunt for a solar company in Dalhart, we've compiled a list of our top suggestions here:
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 Dalhart
Factors that Affect Solar Panel Costs in Dalhart
For many Dalhart homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Dalhart, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. For that reason, it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. The brand of solar panels and equipment you get is another factor that will greatly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Furthermore, solar equipment goes beyond just the solar panels themselves. You'll also need to decide on 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's in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Dalhart to be too costly, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides financing options. Solar loans remarkably decrease upfront costs in most cases, but they also lead to higher prices over time due to interest. When figuring out your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you get to install your solar panel system can play a part in determining how much you pay. Dalhart's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have 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 | $28,196 | 7.4 years |
| 8 kW | $2.74 | $15,365 | $37,895 | 7.2 years |
| 10 kW | $2.69 | $18,830 | $47,746 | 7.1 years |
| 12 kW | $2.64 | $22,144 | $57,747 | 6.9 years |
| 14 kW | $2.58 | $25,308 | $67,899 | 6.8 years |
| 16 kW | $2.53 | $28,320 | $78,201 | 6.6 years |
| 18 kW | $2.47 | $31,182 | $88,654 | 6.5 years |
| 20 kW | $2.42 | $33,894 | $99,258 | 6.4 years |
How to Save on Solar Panels
There are many companies to choose from in Dalhart, 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:
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. While there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to take a look at their list of options before deciding.
- Contract: It's important to look over your solar installer's contract fully to understand what services they will provide, what the warranty covers and what you can expect about the cost.
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 Dalhart, TX Solar Cost FAQs
What is the average cost of installing solar panels in Dalhart?
The average cost of solar panels in Dalhart is about $13,450 for a 5-kW system and $26,900 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 use.
Is it better to lease or buy solar panels in Dalhart?
Leasing solar panels can be an option if you can't pay upfront or secure a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Do solar panels increase your home value?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don't opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is how much energy they produce will have decreased significantly after that point. You can replace them after having them for that long or you can continue to use them at a lower efficiency.
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.