Solar Panel Cost Guide in Fort Worth, TX (Jan 2023)
- Fort Worth Solar Installation Cost: $14,330
- 25-Year Savings: $18,149
- Payback Period: 11.0 Years
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Top Solar Installers in Fort Worth
Installing solar panels yourself can be a time-consuming project, which is why using a solar installation company is a good option for many homeowners. Another advantage of working with a solar company is that they can help you make the most of your investment by cutting back on future costs of repairs and replacements with the help of warranties and helping you learn about local incentives you can take advantage of.
If you'd like to go solar but still aren't certain which solar system installer to go with, here are our recommendations for providers nearby:
See all of the solar companies in Fort Worth
Factors that Affect Solar Panel Costs in Fort Worth
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that affect your total cost in Fort Worth: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,690. There are a lot of different solar panel brands and the one you choose also changes the cost. In general, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That's why many Fort Worth homeowners choose to finance their solar panel systems to make paying for solar more affordable. While solar loans make switching to solar energy more accessible for Fort Worth homeowners, they can also raise the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Fort Worth is the company you choose to install your solar system. Similar to choosing a company to renovate your kitchen, for instance, there's no shortage of solar installers that provide a range of services for different budgets. Additionally, some companies in Fort Worth 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||$13,864||11.5 years|
|8 kW||$2.74||$15,365||$18,787||11.2 years|
|10 kW||$2.69||$18,830||$23,860||11.0 years|
|12 kW||$2.64||$22,144||$29,084||10.8 years|
|14 kW||$2.58||$25,308||$34,458||10.6 years|
|16 kW||$2.53||$28,320||$39,984||10.4 years|
|18 kW||$2.47||$31,182||$45,660||10.1 years|
|20 kW||$2.42||$33,894||$51,486||9.9 years|
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Different companies will carry various brands and models of panels. If you know you want a specific brand, make sure the solar installer you're considering has it.
- Contract: When looking through your solar installer's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system part breaking or the company going out of business.
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one sign of a good company.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
EcoWatch's Fort Worth, 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.