Solar Panel Cost Guide in Deer Park, TX (2023 Update)
- Deer Park Solar Installation Cost: $14,395
- 25-Year Savings: $22,793
- Payback Period: 9.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Deer Park
Let's take a look at the average cost of solar panels in Deer Park.
In Deer Park, solar panels cost about 2.69 per watt on average. The average Deer Park homeowner needs a 7.6-kilowatt system, which would cost about $14,386 with the federal tax credit, or $20,572 before the 30% tax credit is applied.
These figures are only estimates, and how much solar costs for you will most likely differ based on the amount of energy your home requires and what company you want to go with. Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Deer Park can save around $19,000 on their electricity bills over 20 years.
You can click the button below to get connected with a vetted solar company in Deer Park for a quote for your home.
Solar savings over time in Deer Park
| Year | Return on Investment |
|---|---|
| 1 years | $-14,271 |
| 3 years | $-14,023 |
| 5 years | $-13,775 |
| 7 years | $-13,527 |
| 9 years | $-13,279 |
| 11 years | $-13,031 |
| 13 years | $-12,784 |
| 15 years | $-12,536 |
| 17 years | $-12,288 |
| 19 years | $-12,040 |
| 21 years | $-11,792 |
| 23 years | $-11,544 |
| 25 years | $-11,296 |
Top Solar Installers in Deer Park
Although it's possible to install solar panels on your own, it involves extra energy and handiness. For that reason, the majority of homeowners choose to go with a solar panel installer. Solar warranties and repairs are usually included in the cost of installation when you opt for a solar contractor too, which can save you more money over time.
If you'd like to start using solar energy but still aren't sure which solar company to go with, here are our recommendations for providers in Deer Park:
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 Deer Park
Factors that Affect Solar Panel Costs in Deer Park
There are several factors that can affect your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. Because of that, it's a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use. There are many different solar panel brands and the one you choose also changes the cost. In many cases, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you're looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are an affordable route because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years. 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 on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you hire to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar panel companies in Deer Park, and each can charge different amounts for labor and equipment. 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 additional services like electric car 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 | $17,437 | 10.1 years |
| 8 kW | $2.74 | $15,365 | $23,551 | 9.9 years |
| 10 kW | $2.69 | $18,830 | $29,815 | 9.7 years |
| 12 kW | $2.64 | $22,144 | $36,230 | 9.5 years |
| 14 kW | $2.58 | $25,308 | $42,795 | 9.3 years |
| 16 kW | $2.53 | $28,320 | $49,512 | 9.1 years |
| 18 kW | $2.47 | $31,182 | $56,378 | 8.9 years |
| 20 kW | $2.42 | $33,894 | $63,396 | 8.7 years |
How to Save on Solar Panels
The solar installer you opt for will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should consider, including:
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
- Installation Process: Make sure you're aligned with the company in regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from 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 be tedious, it's important to do it carefully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
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 Deer Park, TX Solar Cost FAQs
How much does it cost to install solar panels in Deer Park?
This is a hard question to answer exactly, 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. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is a crucial factor to consider, but whether it's the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Is going solar worth it?
Solar panels can be a beneficial investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already reasonably low, solar panels might not be for you.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs 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 home 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.