Solar Panel Cost Guide in Del Rio, TX (2023 Update)
- Del Rio Solar Installation Cost: $13,371
- 25-Year Savings: $29,282
- Payback Period: 7.8 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Del Rio
Find out what the average cost of solar panel installation is in Del Rio.
In Del Rio, solar panels cost about 2.69 per watt on average. The average solar panel system size in Del Rio is around 7.1 kilowatts, meaning a cost of about $13,369 for a solar installation, or $19,118 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Del Rio homeowner. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. But, once you've paid the initial cost of installation, the payback for most homeowners is usually fruitful, with a net average savings of about $23,000 over 20 years on utility bills.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Del Rio
| Year | Return on Investment |
|---|---|
| 1 years | $-13,228 |
| 3 years | $-12,944 |
| 5 years | $-12,660 |
| 7 years | $-12,375 |
| 9 years | $-12,091 |
| 11 years | $-11,807 |
| 13 years | $-11,522 |
| 15 years | $-11,238 |
| 17 years | $-10,954 |
| 19 years | $-10,669 |
| 21 years | $-10,385 |
| 23 years | $-10,101 |
| 25 years | $-9,816 |
Top Solar Installers in Del Rio
Although you can install solar panels by yourself, it takes extra energy and know-how. That's why most people choose a solar panel installer. A solar company can also help save you money over time by providing warranties, repairs and component replacements.
If you're searching for a solar installer in Del Rio, the EcoWatch team has 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
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 Del Rio
Factors that Affect Solar Panel Costs in Del Rio
The cost of installing a solar system in Del Rio can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. For that reason, it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. The type of solar panels and equipment you get is another factor that will considerably affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Plus, solar equipment is more than 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
Most solar installers in Del Rio offer solar loans, which reduce the initial cost of installing a solar system. However, the interest on solar loans also increases your total costs, so it's crucial to keep that in mind as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Del Rio is the company you get to install your PV system. Similar to choosing a company to build a deck or pool, for instance, there are plenty of solar installers that provide a range of services for different budgets. You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk equipment 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 | $24,290 | 8.2 years |
| 8 kW | $2.74 | $15,365 | $32,689 | 8.0 years |
| 10 kW | $2.69 | $18,830 | $41,237 | 7.8 years |
| 12 kW | $2.64 | $22,144 | $49,937 | 7.7 years |
| 14 kW | $2.58 | $25,308 | $58,787 | 7.5 years |
| 16 kW | $2.53 | $28,320 | $67,787 | 7.4 years |
| 18 kW | $2.47 | $31,182 | $76,939 | 7.2 years |
| 20 kW | $2.42 | $33,894 | $86,241 | 7.1 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be a tough decision, we have some tips to help you, such as:
- Installation Process: Make sure you're on the same page with the company in regard to how the installation process will go and what needs to be done before your solar system is installed, such as updating or replacing your electrical system or roof.
- Reputation: Well-established companies 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 service, such as part repairs and replacements.
- Solar Panel Brands: The model of solar panel you need to install plays a part in which installer you should opt for, since different companies have different panels.
- Contract: When looking through your solar company's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
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 Del Rio, TX Solar Cost FAQs
How much does it cost to install solar panels in Del Rio?
The average cost of solar panels in Del Rio 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 things like the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Del Rio?
You can't get solar panels for free in Del Rio. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
Can solar panels completely eradicate my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,201.35 per year.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can 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 buy between 20 and 35 panels to account for 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.