Solar Panel Cost Guide in Eastland, TX (2023 Update)
- Eastland Solar Installation Cost: $13,897
- 25-Year Savings: $22,769
- Payback Period: 9.5 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Eastland
See how much it might cost to make the switch to solar in Eastland.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Eastland, the typical cost of a solar system is 2.69 per watt. The average Eastland homeowner needs a 7.4-kilowatt system, which would cost about $13,897 with the federal tax credit, or $19,873 before the 30% tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Eastland homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. With average savings of about $19,000 on utility bills over 20 years, many homeowners in Eastland find going solar has a decent ROI.
You can click the button below to get connected with a top solar company in Eastland for a quote for your home.
Solar savings over time in Eastland
| Year | Return on Investment |
|---|---|
| 1 years | $-12,430 |
| 3 years | $-9,497 |
| 5 years | $-6,563 |
| 7 years | $-3,630 |
| 9 years | $-697 |
| 11 years | $2,236 |
| 13 years | $5,170 |
| 15 years | $8,103 |
| 17 years | $11,036 |
| 19 years | $13,969 |
| 21 years | $16,903 |
| 23 years | $19,836 |
| 25 years | $22,769 |
Top Solar Installers in Eastland
DIY solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Using a solar company can make switching to solar power much easier. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long term because of their warranties, repair services and expert design.
There are various 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
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 Eastland
Factors that Affect Solar Panel Costs in Eastland
There are a number of factors that can influence your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to spend around $2,690 per kilowatt in Eastland. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Eastland, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are an affordable choice because they lower your upfront costs and allow you to pay for your system over five to seven years on average. However, the interest on solar loans also adds to your all-in costs, so it's vital to take that into consideration as well. You can always bring down the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Eastland is the company you hire to install your solar panel system. Similar to choosing a company to install new cabinets, for instance, there's no shortage of solar installers that offer a range of services for different budgets. The size of the company sometimes plays the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because of more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
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 | $18,080 | 9.8 years |
| 8 kW | $2.74 | $15,365 | $24,407 | 9.7 years |
| 10 kW | $2.69 | $18,830 | $30,886 | 9.5 years |
| 12 kW | $2.64 | $22,144 | $37,515 | 9.3 years |
| 14 kW | $2.58 | $25,308 | $44,295 | 9.1 years |
| 16 kW | $2.53 | $28,320 | $51,225 | 8.9 years |
| 18 kW | $2.47 | $31,182 | $58,306 | 8.7 years |
| 20 kW | $2.42 | $33,894 | $65,538 | 8.5 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Eastland, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you choose.
- Contract: When reading through your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Reputation: Your solar installer should have a sound 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 certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Installation Process: When going solar, it's necessary to maintain an open line of communication with your solar panel company. Confirm that you understand how the installation process works and the project timeline.
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 Eastland, TX Solar Cost FAQs
How much does it cost to install solar panels in Eastland?
The average cost of solar panels in Eastland 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 certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Eastland?
Solar panels aren't free in Eastland, 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 can further reduce the cost.
Does Eastland have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Eastland?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them after having them for that long or you can keep using them at a lower efficiency.
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.