Solar Panel Cost Guide in Grand Prairie, TX (Nov 2022)

  • Grand Prairie Solar Installation Cost: $14,424
  • 25-Year Savings: $22,764
  • Payback Period: 9.7 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Grand Prairie

We go over average solar pricing in Grand Prairie.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Grand Prairie, the average cost of solar panels is $3 per watt. To account for the typical energy usage of the average home in Grand Prairie, most homeowners require a 7.7-kilowatt system. Using the figure above, a solar installation costs around $14,424, or $10,674 after the federal solar tax credit of 30% is applied.

The actual price you pay can go above or below the average in Grand Prairie based on a few factors, such as the model of solar panels you choose and the solar installer you hire. Even with the significant initial cost, the average Grand Prairie homeowner can save about $19,000 on their electricity bills over 20 years, which is one of the perks of solar.

You can click the button below to get connected with a top solar installer in Grand Prairie for a quote for your home.

Solar savings over time in Grand Prairie

Year Return on Investment
1 years $-12,936
3 years $-9,961
5 years $-6,986
7 years $-4,011
9 years $-1,036
11 years $1,939
13 years $4,914
15 years $7,889
17 years $10,864
19 years $13,839
21 years $16,814
23 years $19,789
25 years $22,764

Top Solar Installers in Grand Prairie

Installing solar panels by yourself can be a difficult task, which is why using a solar installer is a good option for many homeowners. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and component replacements.

You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some nearby:

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 Grand Prairie

Factors that Affect Solar Panel Costs in Grand Prairie

For many Grand Prairie homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Grand Prairie, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you'll pay, which we'll go over below.

Solar Equipment

One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay about $2,690 per kilowatt in Grand Prairie. The 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 over time on your electric bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Grand Prairie average.

Solar Financing Terms

If paying for a solar system in cash is out of reach, solar loans are a solid route because they decrease your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. Though solar loans make going solar more accessible for Grand Prairie homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

The solar company you go with to handle your switch to clean energy can play a part in your total costs. There are about 3 solar installation companies in Grand Prairie, and each can charge different amounts for labor and equipment. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and decide on the company that offers the products, warranties and services you're looking for and also is within your budget.

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 $17,367 10.1 years
8 kW $2.74 $15,365 $23,457 9.9 years
10 kW $2.69 $18,830 $29,698 9.7 years
12 kW $2.64 $22,144 $36,089 9.5 years
14 kW $2.58 $25,308 $42,631 9.3 years
16 kW $2.53 $28,320 $49,324 9.1 years
18 kW $2.47 $31,182 $56,167 8.9 years
20 kW $2.42 $33,894 $63,161 8.7 years

How to Save on Solar Panels

There are numerous companies available in Grand Prairie, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:

  • Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
  • Contract: Before you sign a contract with a solar company, make sure you look it over carefully 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 what services you can expect from them.
  • Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
  • Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.

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 Grand Prairie, TX Solar Cost FAQs

How much does it cost to install solar panels in Grand Prairie?

This is a hard question to answer exactly, because the cost depends on a few different 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 higher quality panels, or if you have above-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or less expensive solar panels.

Is cost the most important thing to think about when buying solar panels?

Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.

Do solar panels increase how much your home is worth?

Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don't opt for 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 should I get to power my home?

To figure out what solar panel system size you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.

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