Solar Panel Cost Guide in Garden Ridge, TX (Mar 2023)
- Garden Ridge Solar Installation Cost: $14,217
- 25-Year Savings: $22,999
- Payback Period: 9.6 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Garden Ridge
Here's how much it might cost to install solar panels in Garden Ridge.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Garden Ridge, the typical cost of a solar system is 2.69 per watt. Since a 7.5-kW system is needed to cover the energy costs of a typical home in Garden Ridge, the average price of going solar will be about $14,217 after claiming the federal solar tax credit of 30%.
These figures are just estimates, and your own solar costs will most likely vary based on the amount of energy your home requires and what company you choose to go with. For many homeowners, the upfront cost of solar is worth paying. On average Garden Ridge homeowners see about $19,000 in savings on utility bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Garden Ridge for a quote for your home.
Solar savings over time in Garden Ridge
| Year | Return on Investment |
|---|---|
| 1 years | $-12,728 |
| 3 years | $-9,751 |
| 5 years | $-6,774 |
| 7 years | $-3,796 |
| 9 years | $-819 |
| 11 years | $2,158 |
| 13 years | $5,135 |
| 15 years | $8,112 |
| 17 years | $11,090 |
| 19 years | $14,067 |
| 21 years | $17,044 |
| 23 years | $20,021 |
| 25 years | $22,999 |
Top Solar Installers in Garden Ridge
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Using an installer can make your switch to solar power much easier. Plus, if you're not certain what type of solar panels and equipment you may need, a solar company can help you figure that out after a site survey and consultation.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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
For many Garden Ridge homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Garden Ridge, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar panel system you need for your home, 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. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Garden Ridge, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Garden Ridge offer solar loans, which reduce the initial cost of installing solar panels. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panels can affect your pricing. Garden Ridge's solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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
Since the brand of solar panels and the company you choose has an impact on 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:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to get the job done well. Another way you can look into your installer's reputation is by reading reviews.
- Installation Process: When going solar, it's essential to keep an open line of communication with your solar company. See to it that you understand how the installation process will go and the project completion timeline.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. Although there are many options for which type 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 peruse their list of offerings before making your decision.
- Contract: Before you sign a contract with a solar installer, make sure you read it through completely so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 stuff like the model of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Garden Ridge?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Is it worth going solar in Garden Ridge?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can 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.