Solar Panel Cost Guide in Devine, TX (2024 Update)
- Devine Solar Installation Cost: $17,392
- 25-Year Savings: $22,791
- Payback Period: 11.8 Years
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Average Cost of Solar Panels in Devine
We break down average solar pricing in Devine.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Devine, the average cost of solar panels is 3 per watt.The average solar panel system size in Devine is around 7.5 kilowatts, meaning a cost of about $17,392 for a solar installation, or $24,871 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Devine homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.But, after you've paid the upfront cost of installation, the payback for most homeowners is typically fruitful, with a net average savings of about $19,000 over 20 years on power bills.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Devine
| Year | Return on Investment |
|---|---|
| 1 years | $-16,116 |
| 3 years | $-13,563 |
| 5 years | $-11,010 |
| 7 years | $-8,457 |
| 9 years | $-5,905 |
| 11 years | $-3,352 |
| 13 years | $-799 |
| 15 years | $1,754 |
| 17 years | $4,306 |
| 19 years | $6,859 |
| 21 years | $9,412 |
| 23 years | $11,965 |
| 25 years | $14,518 |
Top Solar Installers in Devine
Although it's possible to install solar panels on your own, it takes extra labor and know-how. For that reason, the majority of homeowners choose a solar panel installer. Solar companies offer key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
If you're searching for a solar company in Devine, we've organized 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Devine
Factors that Affect Solar Panel Costs in Devine
Though the average cost of a solar system in Devine is $17,392, your final cost may differ. There are quite a few factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.There are several different solar panel brands and the one you choose also changes the cost. Usually, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That’s why many Devine homeowners decide to finance their solar panel systems to make paying for solar more affordable.Even though solar loans make going solar more accessible for Devine 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 make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you choose to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar installation companies in Devine, and each can charge varying amounts for labor and equipment.Additionally, some companies in Devine know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.46 | $14,545 | $15,080 | 12.3 years |
| 8 kW | $3.40 | $19,021 | $20,479 | 12.0 years |
| 10 kW | $3.33 | $23,310 | $26,066 | 11.8 years |
| 12 kW | $3.26 | $27,413 | $31,838 | 11.6 years |
| 14 kW | $3.20 | $31,329 | $37,797 | 11.3 years |
| 16 kW | $3.13 | $35,058 | $43,943 | 11.1 years |
| 18 kW | $3.06 | $38,601 | $50,275 | 10.9 years |
| 20 kW | $3.00 | $41,958 | $56,793 | 10.6 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Devine, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: If you care about the longevity of your solar system, checking if your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Contract: Review the contract terms thoroughly to make sure you understand the overall cost, project completion timeline incentives and warranties.
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Devine, TX Solar Cost FAQs
What is the average cost of installing solar panels in Devine?
This is a tough question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $16,650 for a 5-kW system and $33,300 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Are solar panels free in Devine?
A solar panel system isn’t free in Devine, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How much can I save on power bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $987.51 per year.
How long do solar panels last in Devine?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.