Solar Panel Cost Guide in Four Corners, TX (Jan 2023)
- Four Corners Solar Installation Cost: $14,330
- 25-Year Savings: $22,858
- Payback Period: 9.6 Years
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Top Solar Installers in Four Corners
Many homeowners opt for a solar panel company since installing solar panels yourself can be a labor-intensive endeavor. Solar companies provide key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
See all of the solar companies in Four Corners
Factors that Affect Solar Panel Costs in Four Corners
There are many factors that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. That's why it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Four Corners, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Four Corners 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 vital to take that into consideration as well. You can always reduce the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
Finally, the company you get to install your solar system can influence your pricing. Four Corners' solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.
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||$17,564||10.0 years|
|8 kW||$2.74||$15,365||$23,720||9.8 years|
|10 kW||$2.69||$18,830||$30,027||9.6 years|
|12 kW||$2.64||$22,144||$36,484||9.4 years|
|14 kW||$2.58||$25,308||$43,092||9.2 years|
|16 kW||$2.53||$28,320||$49,850||9.1 years|
|18 kW||$2.47||$31,182||$56,759||8.9 years|
|20 kW||$2.42||$33,894||$63,819||8.7 years|
How to Save on Solar Panels
Since the kind of solar panels and the company you choose greatly influences your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- 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.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Even though there are many options for which brand 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.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Contract: Review the contract terms closely to make sure you understand how much it will cost, completion timeline incentives and warranties.
EcoWatch's Four Corners, 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.