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Top Solar Installers in Farmersville
Many homeowners decide to use a solar installation company since trying to put up solar panels yourself can be hard. The expertise that solar installers provide can be useful as well, particularly if you aren't sure what kind of solar equipment you need.
If you're on the hunt for a solar company in Farmersville, the EcoWatch team has organized a list of our top suggestions here:
See all of the solar companies in Farmersville
Factors that Affect Solar Panel Costs in Farmersville
While the average cost of solar panels in Farmersville is $14,556, your actual cost may be above or below the average. There are quite a few factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to consider.
When it comes to estimating the cost of solar panels in Farmersville, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy usage, which you can determine by looking at past energy bills. Your overall cost can increase by around $2,690 for each additional kilowatt you need. There are a lot of different solar panel brands and the one you pick also affects the cost. Generally speaking, the brands that have better efficiency tend to also be more expensive. Plus, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That's why many Farmersville homeowners opt to finance their solar panel systems to offset upfront costs. However, the interest on solar loans also adds to your overall costs, so it's important to include that in your estimate as well. You can always reduce the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The last key cost factor you should consider is the installer you choose. Given the massive popularity of sustainable energy solutions in Farmersville, you'll have a great number of options to choose from, but each comes at various price points for labor and equipment. Additionally, some companies in Farmersville have more knowledge about local solar incentives and can help you make good use of 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||$2.80||$11,750||$20,641||9.1 years|
|8 kW||$2.74||$15,365||$27,823||8.9 years|
|10 kW||$2.69||$18,830||$35,155||8.7 years|
|12 kW||$2.64||$22,144||$42,638||8.5 years|
|14 kW||$2.58||$25,308||$50,271||8.4 years|
|16 kW||$2.53||$28,320||$58,056||8.2 years|
|18 kW||$2.47||$31,182||$65,990||8.0 years|
|20 kW||$2.42||$33,894||$74,076||7.8 years|
How to Save on Solar Panels
The solar panel company you choose will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should consider, such as:
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years in most cases provide good-quality solar panel installation and expertise.
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. While there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you ask for their list of options before making your decision.
- Contract: Before signing a contract with a solar company, make sure to read it through carefully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
EcoWatch's Farmersville, TX Solar Cost FAQs
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.