Solar Panel Cost Guide in Four Corners, TX (2024 Update)
- Four Corners Solar Installation Cost: $17,743
- 25-Year Savings: $22,855
- Payback Period: 11.9 Years
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Average Cost of Solar Panels in Four Corners
We break down average solar pricing in Four Corners.
The average cost of solar panels in Four Corners is 3 per watt.The average solar panel system size in Four Corners is around 7.6 kilowatts, meaning a cost of about $17,743 for a solar installation, or $25,372 before the 0 federal solar tax credit is applied.
These figures are only estimates, and the cost of going solar for you will differ based on the amount of energy your home requires and what company you want to go with.With typical savings of about $20,000 on energy bills over 20 years, many homeowners in Four Corners find investing in solar can pay off big.
To calculate your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Four Corners
| Year | Return on Investment |
|---|---|
| 1 years | $-16,322 |
| 3 years | $-13,479 |
| 5 years | $-10,637 |
| 7 years | $-7,795 |
| 9 years | $-4,953 |
| 11 years | $-2,111 |
| 13 years | $731 |
| 15 years | $3,574 |
| 17 years | $6,416 |
| 19 years | $9,258 |
| 21 years | $12,100 |
| 23 years | $14,942 |
| 25 years | $17,784 |
Top Solar Installers in Four Corners
Trying to put up solar panels by yourself can be a stressful undertaking, which is why getting a solar installation company is a good option for many homeowners. The expertise that solar installers offer can be helpful as well, particularly if you aren’t sure what brand of solar equipment would be right for your home.
There are a number of licensed solar professionals that can help you install your solar panels. Here are our suggestions:
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 Four Corners
Factors that Affect Solar Panel Costs in Four Corners
For many Four Corners homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Four Corners, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation 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 solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your electric bills. In addition, extra products, like solar batteries, can bump up your total well above the Four Corners average.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That’s why many Four Corners homeowners choose to finance their solar panel systems to offset upfront costs.However, the interest on solar loans also increases your total costs, so it’s important to keep that in mind as well. You can always bring down the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to solar energy can play a part in your total costs. There are about 3 solar panel companies in Four Corners, and each can charge varying amounts for labor and equipment.The company’s size sometimes plays the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower 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 | $14,769 | 12.4 years |
| 8 kW | $3.40 | $19,021 | $20,064 | 12.2 years |
| 10 kW | $3.33 | $23,310 | $25,547 | 11.9 years |
| 12 kW | $3.26 | $27,413 | $31,215 | 11.7 years |
| 14 kW | $3.20 | $31,329 | $37,071 | 11.5 years |
| 16 kW | $3.13 | $35,058 | $43,112 | 11.2 years |
| 18 kW | $3.06 | $38,601 | $49,341 | 11.0 years |
| 20 kW | $3.00 | $41,958 | $55,755 | 10.7 years |
How to Save on Solar Panels
The solar installer 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 several important things you should take into account, including:
- Solar Panel Brands: Different companies will have various brands and types of panels. If you want a specific brand, make sure the solar company you’re considering has it.
- Warranty: If you’re concerned about the endurance of your solar panels, checking if your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
- Reputation: Long-running companies likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
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 Four Corners, TX Solar Cost FAQs
What is the average cost of installing solar panels in Four Corners?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $16,650 for a 5-kW system and $33,300 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Are solar panels free in Four Corners?
A solar panel system isn’t free in Four Corners, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Does Four Corners have a net metering program?
Most states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.