Solar Panel Cost Guide in Eidson Road, TX (2024 Update)
- Eidson Road Solar Installation Cost: $16,711
- 25-Year Savings: $41,976
- Payback Period: 7.5 Years
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Average Cost of Solar Panels in Eidson Road
We break down average solar pricing in Eidson Road.
The national average cost of solar panels is $2.66 per watt, but in Eidson Road it’s 3 per watt.Using this figure, a typical 7.2-kW system would cost about $16,711 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The actual cost of installing solar panels can vary based on multiple factors, such as what size system you need, your energy usage and what solar installer you go with.For most homeowners, the upfront cost of solar panels is worth paying. On average homeowners in Eidson Road see about $31,000 in savings on energy bills over 20 years.
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 Eidson Road
| Year | Return on Investment |
|---|---|
| 1 years | $-14,561 |
| 3 years | $-10,260 |
| 5 years | $-5,960 |
| 7 years | $-1,659 |
| 9 years | $2,641 |
| 11 years | $6,942 |
| 13 years | $11,243 |
| 15 years | $15,543 |
| 17 years | $19,844 |
| 19 years | $24,144 |
| 21 years | $28,445 |
| 23 years | $32,746 |
| 25 years | $37,046 |
Top Solar Installers in Eidson Road
When switching to solar energy, many homeowners opt to go with a solar company since DIY solar panel installation can be a time-consuming project. Another great thing about using a reliable solar installer is that it'll usually provide warranties and free repairs, which help protect your solar system over time.
There are several licensed solar professionals that can take care of your solar installation project. 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
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 Eidson Road
Factors that Affect Solar Panel Costs in Eidson Road
For many Eidson Road homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Eidson Road, with typical prices between $20,000 to $40,000. There are several factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,330. The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar installers in Eidson Road offer solar loans, which reduce the initial cost of installing a solar system.However, the interest on solar loans also increases your total costs, so it’s important to keep that in mind as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The remaining key cost factor you should consider is the installer you choose. Given the massive popularity of green energy solutions in Eidson Road, you’ll have plenty of options to choose from, but each comes at different price points for labor and equipment.Additionally, some companies in Eidson Road are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, 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 | $31,883 | 7.8 years |
| 8 kW | $3.40 | $19,021 | $42,883 | 7.7 years |
| 10 kW | $3.33 | $23,310 | $54,070 | 7.5 years |
| 12 kW | $3.26 | $27,413 | $65,444 | 7.4 years |
| 14 kW | $3.20 | $31,329 | $77,003 | 7.2 years |
| 16 kW | $3.13 | $35,058 | $88,750 | 7.1 years |
| 18 kW | $3.06 | $38,601 | $100,683 | 6.9 years |
| 20 kW | $3.00 | $41,958 | $112,802 | 6.8 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
- 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 most likely has a solid reputation and is qualified to get the job done well. Another way you can verify your installer’s reputation is by reading reviews.
- Contract: When looking over your solar company’s contract, ask for clarification 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.
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 Eidson Road, TX Solar Cost FAQs
What is the average cost of installing solar panels in Eidson Road?
The average cost of solar panels in Eidson Road is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider aside from cost when buying solar panels?
The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Can solar panels significantly reduce my power bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Eidson Road, 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.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.