Solar Panel Cost Guide in Del Rio, TX (Mar 2023)
- Del Rio Solar Installation Cost: $13,369
- 25-Year Savings: $29,283
- Payback Period: 7.8 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Del Rio
We break down average solar pricing in Del Rio.
The average cost of solar panels in Del Rio is 2.69 per watt. Because a 7.1-kW system is needed to cover the energy consumption of a typical home in Del Rio, the average price of going solar will be about $13,369 after claiming the federal solar tax credit of 30%.
The true price you pay can be higher or lower than the average in Del Rio based on several factors, such as the kind of solar panels you choose and the solar installer you hire. With typical savings of about $23,000 on power bills over 20 years, many homeowners in Del Rio find investing in solar has a decent ROI.
You can click the button below to get connected with a pre-vetted solar company in Del Rio for a quote for your home.
Solar savings over time in Del Rio
| Year | Return on Investment |
|---|---|
| 1 years | $-11,663 |
| 3 years | $-8,251 |
| 5 years | $-4,839 |
| 7 years | $-1,427 |
| 9 years | $1,985 |
| 11 years | $5,398 |
| 13 years | $8,810 |
| 15 years | $12,222 |
| 17 years | $15,634 |
| 19 years | $19,046 |
| 21 years | $22,458 |
| 23 years | $25,871 |
| 25 years | $29,283 |
Top Solar Installers in Del Rio
Many homeowners opt for a solar panel company since trying to put up solar panels on your own can be a lot of work. A solar installer can also help save you money in the long run by offering warranties, repairs and component replacements.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Del Rio
Factors that Affect Solar Panel Costs in Del Rio
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that will push your cost above or below the average in Del Rio: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use. The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for a solar system out of pocket is too expensive, solar loans are an affordable option because they cut back your upfront costs and let you pay for your system over a term of, on average, between five and seven years. Though solar loans make switching to solar energy more accessible for Del Rio homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The final significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of sustainable energy solutions in Del Rio, you'll have many options to choose from, but each comes at varying price points for labor and equipment. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and go with the company that has the products, warranties and services you want and also is within your budget.
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
There are many companies to choose from in Del Rio, 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:
- Contract: Before signing a contract with a solar company, make sure you read it through completely so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can verify your installer's reputation is by reading reviews.
- Installation Process: When going solar, it's crucial to keep an open line of communication with your solar panel company. Make sure you understand how the installation process will go and the project completion timeline.
- Solar Panel Brands: The kind of solar panel you need plays a part in which company you should go with, since different companies have different panels.
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 Del Rio, TX Solar Cost FAQs
What is the average cost of installing 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 actual cost will depend on certain factors like 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 Del Rio?
Leasing solar panels can be an appealing choice, as it commonly comes with low or $0 upfront payments. The downside 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.
Can solar panels eliminate my energy bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Del Rio, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and the amount of 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 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.