Solar Panel Cost Guide in Fairview, TX (2025 Update)
- Fairview Solar Installation Cost: $18,028
- 25-Year Savings: $22,760
- Payback Period: 12.1 Years
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Average Cost of Solar Panels in Fairview
Find out what the average cost of installing solar panels is in Fairview.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Fairview, the average cost of solar panels is 3 per watt.The average Fairview homeowner needs a 7.7-kilowatt system, which would cost about $18,028 with the federal tax credit, or $25,780 before the 0 tax credit is applied.
The actual price you pay can go above or below the average in Fairview based on a variety of factors, such as the kind of solar panels you choose and the solar contractor you hire.For most homeowners, the upfront investment in solar panels is worth paying. On average homeowners in Fairview see about $18,000 in savings on utility bills over 20 years.
You can click the button below to get connected with a vetted solar company in Fairview for a quote for your home.
Solar savings over time in Fairview
| Year | Return on Investment |
|---|---|
| 1 years | $-16,742 |
| 3 years | $-14,168 |
| 5 years | $-11,595 |
| 7 years | $-9,022 |
| 9 years | $-6,449 |
| 11 years | $-3,876 |
| 13 years | $-1,303 |
| 15 years | $1,270 |
| 17 years | $3,843 |
| 19 years | $6,416 |
| 21 years | $8,989 |
| 23 years | $11,562 |
| 25 years | $14,135 |
Top Solar Installers in Fairview
Many homeowners choose to use a solar installation company since trying to put up solar panels on your own can be challenging. The payback period of solar panels will vary depending on factors like your location and energy use, but working with a solar company can help you reach a break-even point sooner. Your provider will be able to help you identify incentives available in your area.
If you're looking for a solar company in Fairview, we've organized a list of our top suggestions here:
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 Fairview
Factors that Affect Solar Panel Costs in Fairview
The cost of installing a solar system in Fairview can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. For that reason, it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.There are many different solar panel brands and the one you choose also changes the cost. Generally speaking, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Fairview to be too expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area provides access to financing options. Solar loans drastically decrease upfront costs in most cases, but they also lead to a higher cost 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 larger down payment, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
The final significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of clean energy solutions in Fairview, you’ll have a great number of options to choose from, but each comes at different price points for labor and equipment.Additionally, some companies in Fairview have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save 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 | $14,409 | 12.6 years |
| 8 kW | $3.40 | $19,021 | $19,585 | 12.3 years |
| 10 kW | $3.33 | $23,310 | $24,948 | 12.1 years |
| 12 kW | $3.26 | $27,413 | $30,496 | 11.8 years |
| 14 kW | $3.20 | $31,329 | $36,232 | 11.6 years |
| 16 kW | $3.13 | $35,058 | $42,154 | 11.4 years |
| 18 kW | $3.06 | $38,601 | $48,262 | 11.1 years |
| 20 kW | $3.00 | $41,958 | $54,557 | 10.9 years |
How to Save on Solar Panels
There are many companies available in Fairview, 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:
- Contract: Read the contract terms closely to make sure you understand the total cost, project timeline incentives and warranties.
- Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Warranty: Warranties that provide coverage for replacement parts and repairs over a couple decades are the gold standard in the business, and offering that kind of warranty is one indication of a good company.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
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 Fairview, TX Solar Cost FAQs
How much does it cost to install solar panels in Fairview?
The average cost of solar panels in Fairview 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 certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Fairview?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Is switching to solar power worth it?
Solar panels can be a fruitful investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already pretty low, solar panels might not be for you.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide 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.