Solar Panel Cost Guide in Ennis, TX (Mar 2023)
- Ennis Solar Installation Cost: $14,405
- 25-Year Savings: $22,783
- Payback Period: 9.7 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Ennis
See how much it might cost to install solar panels in Ennis.
The average cost of solar panels in Ennis is 2.69 per watt. Because a 7.7-kW system is needed to cover the energy consumption of a typical home in Ennis, the average price of going solar will be about $14,405 after claiming the federal solar tax credit of 30%.
Bear in mind that the figures above are only estimates based on the average Ennis homeowner. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. Many homeowners find adopting solar power is a sound investment. The average homeowner in Ennis can save around $19,000 on their electricity 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 Ennis
| Year | Return on Investment |
|---|---|
| 1 years | $-12,917 |
| 3 years | $-9,942 |
| 5 years | $-6,967 |
| 7 years | $-3,992 |
| 9 years | $-1,017 |
| 11 years | $1,958 |
| 13 years | $4,933 |
| 15 years | $7,908 |
| 17 years | $10,883 |
| 19 years | $13,858 |
| 21 years | $16,833 |
| 23 years | $19,808 |
| 25 years | $22,783 |
Top Solar Installers in Ennis
Many homeowners choose to use a solar installer since trying to install solar panels on your own can be challenging. The expertise that solar installers offer can be invaluable as well, especially if you aren't sure what kind of solar equipment you need.
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 (coming 2022)
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 Ennis
Factors that Affect Solar Panel Costs in Ennis
There are several criteria that can determine 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 system.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. For that reason, it's important to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price 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 will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Ennis to be prohibitively expensive, even if the investment pays off over time. Fortunately, almost every solar company in the area provides access to financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in higher prices over time due to interest. It's wise to factor the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The remaining major cost factor you should take into consideration is the installer you choose. Given the massive popularity of renewable energy solutions in Ennis, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and go with the company that offers the products, warranties and services you want and also fit into your budget.
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 | $17,430 | 10.1 years |
| 8 kW | $2.74 | $15,365 | $23,541 | 9.9 years |
| 10 kW | $2.69 | $18,830 | $29,803 | 9.7 years |
| 12 kW | $2.64 | $22,144 | $36,215 | 9.5 years |
| 14 kW | $2.58 | $25,308 | $42,778 | 9.3 years |
| 16 kW | $2.53 | $28,320 | $49,492 | 9.1 years |
| 18 kW | $2.47 | $31,182 | $56,356 | 8.9 years |
| 20 kW | $2.42 | $33,894 | $63,371 | 8.7 years |
How to Save on Solar Panels
The solar panel company you opt for will affect not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should consider, including:
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely provide high-quality solar panel installation and expertise.
- 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 big role in the company you opt for.
- Contract: Before you sign a contract with a solar company, be sure to look it over fully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Installation Process: Make sure you're on the same page with the installer regarding how the installation process will go and what needs to be done before your solar system is installed, such as updating your electrical system or roof.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Ennis, TX Solar Cost FAQs
How much does it cost to install solar panels in Ennis?
The average cost of solar panels in Ennis 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 things like the model of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Ennis?
Solar panels aren't free in Ennis, 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 further reduce the cost.
How will solar panels impact how much my home is worth?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Ennis is currently $158,227, so you could be looking at a value of about $6,487 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Ennis is a rewarding investment.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount 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.