Solar Panel Cost Guide in Fulshear, TX (2024 Update)
- Fulshear Solar Installation Cost: $17,743
- 25-Year Savings: $20,987
- Payback Period: 12.6 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Fulshear
We break down average solar pricing in Fulshear.
In Fulshear, solar panels cost about 3 per watt on average.To cover the typical energy usage of the average home in Fulshear, most homeowners require a 7.6-kilowatt system. Using the figure above, a solar installation costs around $17,743, or $25,372 before the federal solar tax credit of 0 is applied.
These figures are only estimates, and the cost of going solar for you will look different based on the amount of energy your home requires and what company you want to go with.For many homeowners, the upfront investment in solar panels is worth paying. On average you could be looking at about $18,000 in savings on electricity bills over 20 years.
You can click the button below to get connected with a top solar company in Fulshear that can help you get a more accurate cost estimate for your home.
Solar savings over time in Fulshear
| Year | Return on Investment |
|---|---|
| 1 years | $-16,444 |
| 3 years | $-13,847 |
| 5 years | $-11,250 |
| 7 years | $-8,653 |
| 9 years | $-6,055 |
| 11 years | $-3,458 |
| 13 years | $-861 |
| 15 years | $1,736 |
| 17 years | $4,333 |
| 19 years | $6,930 |
| 21 years | $9,527 |
| 23 years | $12,124 |
| 25 years | $14,722 |
Top Solar Installers in Fulshear
Although it's possible to install solar panels on your own, it takes extra effort and handiness. For that reason, most homeowners choose a solar panel installer. The payback period of solar panels will vary depending on factors like your roof configuration and energy use, but going with a solar installer can shorten it. Your provider will be able to help you get the most out of incentives available in your area.
If you're searching for a solar company in Fulshear, the EcoWatch team has organized 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 Fulshear
Factors that Affect Solar Panel Costs in Fulshear
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few primary factors that affect your total cost in Fulshear: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher 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 brand of solar panels and equipment you want is another factor that will greatly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment consists of more than just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That’s why many Fulshear homeowners choose to finance their solar panel systems to offset upfront costs.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Fulshear is the company you choose to install your solar system. As with choosing a company to renovate your kitchen, for instance, you’ll have no shortage of solar installers that offer a range of services for different budgets.Larger national companies typically have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional 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 | $3.46 | $14,545 | $13,296 | 13.1 years |
| 8 kW | $3.40 | $19,021 | $18,101 | 12.8 years |
| 10 kW | $3.33 | $23,310 | $23,092 | 12.6 years |
| 12 kW | $3.26 | $27,413 | $28,270 | 12.3 years |
| 14 kW | $3.20 | $31,329 | $33,634 | 12.1 years |
| 16 kW | $3.13 | $35,058 | $39,185 | 11.8 years |
| 18 kW | $3.06 | $38,601 | $44,922 | 11.6 years |
| 20 kW | $3.00 | $41,958 | $50,846 | 11.3 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Get details from your solar installer about the installation process and what to expect, including when the site survey will be completed and how long it will take.
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 Fulshear, TX Solar Cost FAQs
How much does it cost to install solar panels in Fulshear?
The average cost of solar panels in Fulshear 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 stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Fulshear?
You can’t get solar panels for free in Fulshear. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
How much can I save on energy bills after installing solar panels?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Fulshear, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
To figure out how many solar panels 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 typically produce about 250 to 400 watt-hours per hour, the average household 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.