Solar Panel Cost Guide in Galveston, TX (Nov 2022)

  • Galveston Solar Installation Cost: $13,520
  • 25-Year Savings: $23,668
  • Payback Period: 9.1 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Galveston

Here's how much it might cost to switch to solar power in Galveston.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Galveston, the average cost of solar panels is $3 per watt. The average Galveston homeowner needs a 7.2-kilowatt system, which would cost about $13,520, or $10,005 after the federal solar tax credit of 30% is applied.

These figures are just averages, and the cost of going solar for you may differ based on factors unique to your home and what company you want to go with. But, once you've paid the initial cost of installation, the return on investment for most homeowners is quite rewarding, with a net average savings of about $21,000 over 20 years on power bills.

For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.

Solar savings over time in Galveston

Year Return on Investment
1 years $-12,032
3 years $-9,057
5 years $-6,082
7 years $-3,107
9 years $-132
11 years $2,843
13 years $5,818
15 years $8,793
17 years $11,768
19 years $14,743
21 years $17,718
23 years $20,693
25 years $23,668

Top Solar Installers in Galveston

Many homeowners opt for a solar panel company since trying to put up solar panels on your own can be a labor-intensive endeavor. Also, companies with a good reputation that cost more upfront could actually save you money in the long run with their warranties, repair services and expert design.

There are various licensed solar professionals that can help you install your solar panels. Here are our suggestions:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Galveston

Factors that Affect Solar Panel Costs in Galveston

The cost of installing a solar system in Galveston can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.

Solar Equipment

Size is one of the largest factors that affects the overall cost of going solar. Because of that, it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. There are several different solar panel brands and the one you pick also affects the cost. Usually, the brands that have better efficiency tend to also be more expensive. Plus, the type of equipment you're looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

For some homeowners, paying for solar out of pocket can be difficult. Solar loans are offered by most installers in Galveston, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more affordable. Even though solar loans make going solar more accessible for Galveston homeowners, they can also add to the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

The solar installer you go with to handle your switch to clean energy can play a role in your total costs. There are about 3 solar installation companies in Galveston, and each can charge varying amounts for labor and equipment. Additionally, some companies in Galveston know more about local solar incentives and can help you learn about 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 end up saving you 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 $19,346 9.4 years
8 kW $2.74 $15,365 $26,095 9.3 years
10 kW $2.69 $18,830 $32,996 9.1 years
12 kW $2.64 $22,144 $40,047 8.9 years
14 kW $2.58 $25,308 $47,249 8.7 years
16 kW $2.53 $28,320 $54,601 8.5 years
18 kW $2.47 $31,182 $62,104 8.4 years
20 kW $2.42 $33,894 $69,758 8.2 years

How to Save on Solar Panels

The solar company you go with will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, including:

  • Solar Panel Brands: The brand of solar panel you need to install plays a part in which company you should opt for, since different companies have different panels.
  • Warranty: Warranties that cover defective panels and repairs over around 25 years are the gold standard in the business, and offering such a warranty is one mark of a quality company.
  • Contract: Before signing a contract with a solar company, make sure to look it over completely so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to get the job done well. Another way you can check your installer's reputation is by reading reviews.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Galveston, TX Solar Cost FAQs

What is the average cost of installing solar panels in Galveston?

This is a difficult question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $13,450 for a 5-kW system and $26,900 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or more efficient panels, or if you have above-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.

Should I lease or buy solar panels in Galveston?

Leasing solar panels can be an appealing choice, as it often comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better option if you want to get the most savings.

Do solar panels increase the value of your home?

Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Galveston is currently $191,615, so you could be looking at a value of about $7,856 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Galveston is a fruitful investment.

How often do you have to replace solar panels?

Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to replace them after having them for that long or you can keep using them at a lower efficiency.

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.

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