Solar Panel Cost Guide in Eastland, TX (2024 Update)
- Eastland Solar Installation Cost: $17,191
- 25-Year Savings: $22,779
- Payback Period: 11.7 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Eastland
Find out what the average cost of solar panels are in Eastland.
The national average cost of solar panels is $2.66 per watt, but in Eastland it’s 3 per watt.Using this figure, a typical 7.4-kW system would cost about $17,191 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Eastland homeowner. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.With typical savings of about $19,000 on energy bills over 20 years, many homeowners in Eastland find investing in solar can pay off big.
To receive a free estimate from a pre-vetted solar installation company in Eastland, you can click the button below.
Solar savings over time in Eastland
| Year | Return on Investment |
|---|---|
| 1 years | $-15,631 |
| 3 years | $-12,512 |
| 5 years | $-9,393 |
| 7 years | $-6,273 |
| 9 years | $-3,154 |
| 11 years | $-34 |
| 13 years | $3,085 |
| 15 years | $6,204 |
| 17 years | $9,324 |
| 19 years | $12,443 |
| 21 years | $15,563 |
| 23 years | $18,682 |
| 25 years | $21,801 |
Top Solar Installers in Eastland
Although you can install solar panels by yourself, it involves extra energy and handiness. For that reason, most homeowners choose to hire a solar panel installer. Another great thing about going with a top solar installer is that it'll likely provide warranties and free repairs, which help protect your solar investment.
Working with a licensed solar installer can help your solar project go smoothly. Here are our recommendations:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
For many Eastland homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Eastland, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,330.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Eastland, where sunlight is abundant, efficiency can quickly pay off. In addition, 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 solar panels in cash is too expensive, solar loans are a solid option because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years.While solar loans make going solar more accessible for Eastland homeowners, they can also raise 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 cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installation company you choose will play a role in your total cost to go solar. Different companies will charge different amounts for the equipment and labor.Additionally, some companies in Eastland are more knowledgeable about local solar incentives and can help you take advantage of 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 | $15,284 | 12.2 years |
| 8 kW | $3.40 | $19,021 | $20,752 | 12.0 years |
| 10 kW | $3.33 | $23,310 | $26,406 | 11.7 years |
| 12 kW | $3.26 | $27,413 | $32,246 | 11.5 years |
| 14 kW | $3.20 | $31,329 | $38,274 | 11.3 years |
| 16 kW | $3.13 | $35,058 | $44,487 | 11.0 years |
| 18 kW | $3.06 | $38,601 | $50,887 | 10.8 years |
| 20 kW | $3.00 | $41,958 | $57,474 | 10.5 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose greatly affects your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Although there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you ask for their list of offerings before making your decision.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Your solar installer should have a good 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.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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?
This is a hard 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 higher quality panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Are solar panels free in Eastland?
Solar panels aren’t free in Eastland, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
How much can I save on power bills after installing solar panels?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Eastland, that will require at least a 10-kW system. Not all homes 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 long do solar panels last in Eastland?
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 their energy production will have decreased significantly after that point. You can opt to 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.