Solar Panel Cost Guide in Devine, TX (2023 Update)
- Devine Solar Installation Cost: $14,050
- 25-Year Savings: $22,791
- Payback Period: 9.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Devine
Find out what the average cost of installing solar panels is in Devine.
In Devine, solar panels cost about 2.69 per watt on average. The average solar panel system size in Devine is around 7.5 kilowatts, meaning a cost of about $14,047 for a solar installation, or $20,087 before the 30% federal solar tax credit is applied.
These figures are only averages, and your own solar costs may differ based on your specific situation and what company you want to go with. With average savings of about $19,000 on utility bills over 20 years, many homeowners in Devine find going solar has a decent ROI.
For a free quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Devine
| Year | Return on Investment |
|---|---|
| 1 years | $-12,773 |
| 3 years | $-10,220 |
| 5 years | $-7,668 |
| 7 years | $-5,115 |
| 9 years | $-2,562 |
| 11 years | $-9 |
| 13 years | $2,544 |
| 15 years | $5,096 |
| 17 years | $7,649 |
| 19 years | $10,202 |
| 21 years | $12,755 |
| 23 years | $15,307 |
| 25 years | $17,860 |
Top Solar Installers in Devine
Many homeowners opt for a solar panel installer since installing solar panels on your own can be challenging. The expertise that solar companies provide can be useful as well, especially if you aren't sure what brand of solar equipment you need.
There are several licensed solar professionals that can help you install your solar system. Here are our suggestions:
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 Devine
Factors that Affect Solar Panel Costs in Devine
There are a number of factors that can play into your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,690. The brand of solar panels and equipment you want is another factor that will largely influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Plus, solar equipment is more than just the solar panels themselves. You'll also need to consider 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 for a solar system that's in your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are offered by most installers in Devine, which can lower, or in some cases eliminate, your upfront costs to make solar more accessible. When estimating your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you get to install your solar panel system can influence how much you pay. Devine's solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $17,875 | 9.9 years |
| 8 kW | $2.74 | $15,365 | $24,135 | 9.7 years |
| 10 kW | $2.69 | $18,830 | $30,546 | 9.5 years |
| 12 kW | $2.64 | $22,144 | $37,107 | 9.3 years |
| 14 kW | $2.58 | $25,308 | $43,818 | 9.2 years |
| 16 kW | $2.53 | $28,320 | $50,681 | 9.0 years |
| 18 kW | $2.47 | $31,182 | $57,694 | 8.8 years |
| 20 kW | $2.42 | $33,894 | $64,857 | 8.6 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you choose.
- Reputation: Your solar installer should have a solid reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Contract: Look through the contract terms thoroughly to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
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 Devine, TX Solar Cost FAQs
How much does it cost to install solar panels in Devine?
The average cost of solar panels in Devine 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 use.
Should I lease or buy solar panels in Devine?
Leasing solar panels can be an appealing choice, as it commonly comes with low or $0 upfront payments. The drawback 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 maximize your savings.
Does Devine have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for 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 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 install between 20 and 35 panels to cover 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.