Solar Panel Cost Guide in Flower Mound, TX (2024 Update)
- Flower Mound Solar Installation Cost: $17,842
- 25-Year Savings: $17,724
- Payback Period: 13.9 Years
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Average Cost of Solar Panels in Flower Mound
Find out what the average cost of a solar system is in Flower Mound.
The national average cost of solar panels is $2.66 per watt, but in Flower Mound it’s 3 per watt.The average Flower Mound homeowner needs a 7.7-kilowatt system, which would cost about $17,842 with the federal tax credit, or $25,514 before the 0 tax credit is applied.
How much you pay can be higher or lower than the average in Flower Mound depending on a variety of factors, such as the model of solar panels you choose and the solar contractor you hire.For most homeowners, the upfront investment in solar is worth paying. On average you could be looking at about $16,000 in savings on energy bills over 20 years.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Flower Mound
| Year | Return on Investment |
|---|---|
| 1 years | $-16,556 |
| 3 years | $-13,983 |
| 5 years | $-11,410 |
| 7 years | $-8,837 |
| 9 years | $-6,264 |
| 11 years | $-3,691 |
| 13 years | $-1,118 |
| 15 years | $1,455 |
| 17 years | $4,029 |
| 19 years | $6,602 |
| 21 years | $9,175 |
| 23 years | $11,748 |
| 25 years | $14,321 |
Top Solar Installers in Flower Mound
When making the switch to solar, many homeowners choose to go with a solar installer since handling can be a challenging project. Another good thing about going with a vetted solar installer is that it'll usually provide warranties and free repairs, which help protect your solar investment.
If you're searching for a solar installer in Flower Mound, the EcoWatch team has compiled a list of our top suggestions here:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
See all of the solar companies in Flower Mound
Factors that Affect Solar Panel Costs in Flower Mound
Even though the average cost of a solar system in Flower Mound is $17,842, your final cost may be higher or lower than that. There are several factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,330.The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your power bills. Additionally, extra products, such as solar batteries, can bring your total well above the Flower Mound average.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are provided by most installers in Flower Mound, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible.It’s a good idea 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 off the loan.
Solar Panel Installation Company
The last significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of clean energy solutions in Flower Mound, you’ll have many options to choose from, but each comes at various price points for labor and equipment.Companies that only sell products with high efficiency and therefore a higher price point — 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 choose a company that provides the products, warranties and services you want and also fits within 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 | $3.46 | $14,545 | $10,646 | 14.4 years |
| 8 kW | $3.40 | $19,021 | $14,567 | 14.2 years |
| 10 kW | $3.33 | $23,310 | $18,675 | 13.9 years |
| 12 kW | $3.26 | $27,413 | $22,970 | 13.6 years |
| 14 kW | $3.20 | $31,329 | $27,451 | 13.3 years |
| 16 kW | $3.13 | $35,058 | $32,118 | 13.0 years |
| 18 kW | $3.06 | $38,601 | $36,972 | 12.8 years |
| 20 kW | $3.00 | $41,958 | $42,013 | 12.5 years |
How to Save on Solar Panels
The solar company you choose will influence not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should keep in mind, including:
- Solar Panel Brands: Different companies will have various brands and kinds of panels. If you want a specific brand, make sure the solar company you’re considering has it.
- Reputation: Long-running companies likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Read the contract terms thoroughly to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
EcoWatch's Flower Mound, TX Solar Cost FAQs
What is the average cost of installing solar panels in Flower Mound?
The average cost of solar panels in Flower Mound 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 like the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will installing 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 Flower Mound is currently $597,843, which means you could be looking at a value of about $24,512 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Flower Mound is a rewarding investment.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average home 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.