Solar Panel Cost Guide in Farmers Branch, TX (2025 Update)
- Farmers Branch Solar Installation Cost: $17,930
- 25-Year Savings: $22,838
- Payback Period: 12.0 Years
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Average Cost of Solar Panels in Farmers Branch
Find out what the average cost of a solar system is in Farmers Branch.
The average cost of solar panels in Farmers Branch is 3 per watt.The average solar panel system size in Farmers Branch is around 7.7 kilowatts, meaning a cost of about $17,930 for a solar installation, or $25,640 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The actual cost of installing solar panels can vary quite a bit based on several factors, such as how many panels you need, your energy usage and what installation company you go with.With typical savings of about $18,000 on electricity bills over 20 years, many homeowners in Farmers Branch find going solar has a decent ROI.
Click the button below to get connected to a vetted solar installer in your area for a personalized estimate.
Solar savings over time in Farmers Branch
| Year | Return on Investment |
|---|---|
| 1 years | $-16,354 |
| 3 years | $-13,203 |
| 5 years | $-10,051 |
| 7 years | $-6,899 |
| 9 years | $-3,747 |
| 11 years | $-595 |
| 13 years | $2,557 |
| 15 years | $5,708 |
| 17 years | $8,860 |
| 19 years | $12,012 |
| 21 years | $15,164 |
| 23 years | $18,316 |
| 25 years | $21,468 |
Top Solar Installers in Farmers Branch
Trying to put up solar panels by yourself can be a time-consuming task, which is why getting a solar installation company is a good option for many homeowners. Another great thing about using a vetted solar installer is that it'll likely provide warranties and free repairs, which help protect your solar system over time.
Working with a professional solar company can help your solar project go smoothly. Here are our recommendations:
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 Farmers Branch
Factors that Affect Solar Panel Costs in Farmers Branch
The cost of installing a solar system in Farmers Branch can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the key 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 raise costs. For each additional kilowatt you need, your cost can go up by about $3,330.The type of solar panels and equipment you want is another factor that will considerably influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Farmers Branch to be prohibitively costly, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also result in a higher cost over time due to interest.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Farmers Branch is the company you hire to install your solar panel system. Similar to choosing a company to install new cabinets, for example, there’s no shortage of solar installers that offer a range of services at different costs.The company’s size sometimes plays the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to greater resources and bulk 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 companies.
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 | $14,567 | 12.5 years |
| 8 kW | $3.40 | $19,021 | $19,795 | 12.3 years |
| 10 kW | $3.33 | $23,310 | $25,210 | 12.0 years |
| 12 kW | $3.26 | $27,413 | $30,812 | 11.8 years |
| 14 kW | $3.20 | $31,329 | $36,600 | 11.5 years |
| 16 kW | $3.13 | $35,058 | $42,574 | 11.3 years |
| 18 kW | $3.06 | $38,601 | $48,735 | 11.0 years |
| 20 kW | $3.00 | $41,958 | $55,082 | 10.8 years |
How to Save on Solar Panels
The solar panel company you opt for will be a major factor in determining not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should keep in mind, including:
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you hire.
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Before signing a contract with a solar installer, make sure to look it over carefully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and what services you can expect from them.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can research your installer’s reputation is by reading reviews.
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 Farmers Branch, TX Solar Cost FAQs
What is the average cost of installing solar panels in Farmers Branch?
The average cost of solar panels in Farmers Branch is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the actual 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.
Should I lease or buy solar panels in Farmers Branch?
Leasing solar panels can be an attractive choice, because it usually comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level 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.