Solar Panel Cost Guide in Garden Ridge, TX (2023 Update)
- Garden Ridge Solar Installation Cost: $14,217
- 25-Year Savings: $22,998
- Payback Period: 9.6 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated September 15, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Garden Ridge
See how much it might cost to install solar panels in Garden Ridge.
Although the national average of solar panels is $2.66 per watt, solar panels in Garden Ridge generally cost around 2.69. To account for the typical energy needs of the average home in Garden Ridge, most homeowners require a 7.5-kilowatt system. Using the figure above, a solar installation costs around $14,217, or $20,330 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of installing solar panels can vary based on a few factors, such as what size system you need, your energy consumption and what installation company you go with. With average savings of about $19,000 on utility bills over 20 years, many homeowners in Garden Ridge find investing in solar can be quite rewarding.
To receive a free quote from a top solar company in Garden Ridge, you can click the button below.
Solar savings over time in Garden Ridge
| Year | Return on Investment |
|---|---|
| 1 years | $-12,862 |
| 3 years | $-10,152 |
| 5 years | $-7,442 |
| 7 years | $-4,732 |
| 9 years | $-2,023 |
| 11 years | $687 |
| 13 years | $3,397 |
| 15 years | $6,107 |
| 17 years | $8,817 |
| 19 years | $11,527 |
| 21 years | $14,237 |
| 23 years | $16,946 |
| 25 years | $19,656 |
Top Solar Installers in Garden Ridge
Trying to install solar panels on your own can be a challenging undertaking, which is why getting a solar installation company is a good option for many homeowners. Plus, if you're unsure what kind of solar panels and equipment you want, a solar company can help you find the right equipment for you after a site survey and consultation.
If you'd like to make the switch to solar but still aren't sure which solar system installer to go with, here are our recommendations for providers near you:
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 Garden Ridge
Factors that Affect Solar Panel Costs in Garden Ridge
While the average cost of a solar system in Garden Ridge is $14,217, your actual cost may be above or below the average. There are many factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to consider.
Solar Equipment
The size of the solar energy 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, you can expect your total to increase by nearly $2,690. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your power bills. Additionally, add-on products, like solar batteries, can bring your total well above the Garden Ridge average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are available from most installers in Garden Ridge, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you can only 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 finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Garden Ridge is the company you get to install your solar system. Similar to choosing a company to build a deck or pool, for example, there are plenty of solar installers that offer a range of services for different budgets. The size of the company can sometimes play the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because they have more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $17,824 | 9.9 years |
| 8 kW | $2.74 | $15,365 | $24,067 | 9.7 years |
| 10 kW | $2.69 | $18,830 | $30,461 | 9.6 years |
| 12 kW | $2.64 | $22,144 | $37,005 | 9.4 years |
| 14 kW | $2.58 | $25,308 | $43,699 | 9.2 years |
| 16 kW | $2.53 | $28,320 | $50,545 | 9.0 years |
| 18 kW | $2.47 | $31,182 | $57,540 | 8.8 years |
| 20 kW | $2.42 | $33,894 | $64,687 | 8.6 years |
How to Save on Solar Panels
There are many companies to choose from in Garden Ridge, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Contract: When looking over your solar company's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
- Installation Process: Make sure you're aligned with the company with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases offer good-quality solar panel installation and expertise.
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 Garden Ridge, TX Solar Cost FAQs
What is the average cost of installing solar panels in Garden Ridge?
The average cost of solar panels in Garden Ridge is about $13,450 for a 5-kW system and $26,900 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Garden Ridge?
A solar panel system isn't free in Garden Ridge, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is it worth going solar in Garden Ridge?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and how much direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses 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 home 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.