Solar Panel Cost Guide in Garland, TX (Mar 2023)
- Garland Solar Installation Cost: $14,518
- 25-Year Savings: $22,086
- Payback Period: 9.9 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Garland
Let's have a look at the average cost of solar in Garland.
In Garland, solar panels cost about 2.69 per watt on average. Because a 7.7-kW system is needed to cover the energy needs of a typical home in Garland, the average price of going solar will be about $14,518 after claiming the federal solar tax credit of 30%.
Remember that the numbers above are only averages. The price you'll end up paying for solar may look quite different based on your household energy needs, the type of solar panels you want, your solar contractor and more. Despite the large initial cost, the average Garland homeowner can save about $18,000 on their energy bills over 20 years, which is one of the positives of solar.
To receive a free estimate from a top solar company in Garland, you can click the button below.
Solar savings over time in Garland
| Year | Return on Investment |
|---|---|
| 1 years | $-13,054 |
| 3 years | $-10,125 |
| 5 years | $-7,197 |
| 7 years | $-4,269 |
| 9 years | $-1,340 |
| 11 years | $1,588 |
| 13 years | $4,516 |
| 15 years | $7,444 |
| 17 years | $10,373 |
| 19 years | $13,301 |
| 21 years | $16,229 |
| 23 years | $19,158 |
| 25 years | $22,086 |
Top Solar Installers in Garland
When switching to solar energy, many homeowners choose to use a solar company since overseeing your solar installation yourself can be a challenging project. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long term due to their warranties, repair services and expert design.
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 Garland
Factors that Affect Solar Panel Costs in Garland
For many Garland homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Garland, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,690. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Garland, where sunlight is abundant, efficiency can quickly pay off. Plus, 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
If paying for a solar system out of pocket is difficult, solar loans are a popular choice because they cut back your upfront costs and let you pay for your system over five to seven years on average. You'll have to consider the long-term cost of loans, including the amount of 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 getting a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
Finally, the company you get to install your solar panels can influence your pricing. Garland's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle 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 | $16,730 | 10.3 years |
| 8 kW | $2.74 | $15,365 | $22,608 | 10.1 years |
| 10 kW | $2.69 | $18,830 | $28,636 | 9.9 years |
| 12 kW | $2.64 | $22,144 | $34,815 | 9.7 years |
| 14 kW | $2.58 | $25,308 | $41,145 | 9.5 years |
| 16 kW | $2.53 | $28,320 | $47,625 | 9.3 years |
| 18 kW | $2.47 | $31,182 | $54,256 | 9.1 years |
| 20 kW | $2.42 | $33,894 | $61,038 | 8.9 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose greatly affects 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:
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project completion timeline.
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Contract: Though reading through a contract can be tedious, it's important to do it fully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Although there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to ask for their list of offerings before making your decision.
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 Garland, TX Solar Cost FAQs
What is the average cost of installing solar panels in Garland?
The average cost of solar panels in Garland is about $13,450 for a 5-kW system and $26,900 for a 10-kW system before the ITC, but the real cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Garland?
Leasing solar panels can be an appealing choice, because it usually 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 tax rebates and credits and your home value won't increase. Buying solar panels is a better option if you want to get the most savings.
How will solar panels impact my property value?
Solar panels can increase your home value remarkably as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.