Solar Panel Cost Guide in Granite Shoals, TX (Feb 2023)
- Granite Shoals Solar Installation Cost: $14,047
- 25-Year Savings: $22,751
- Payback Period: 9.5 Years
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Top Solar Installers in Granite Shoals
Trying to install solar panels yourself can be a time-consuming project, which is why getting a solar installer is a good option for many homeowners. The expertise that solar installers offer can be valuable as well, particularly if you aren't sure what brand of solar equipment you need.
If you're on the hunt for a solar company in Granite Shoals, the EcoWatch team has compiled a list of our top suggestions here:
See all of the solar companies in Granite Shoals
Factors that Affect Solar Panel Costs in Granite Shoals
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that determine your overall cost in Granite Shoals: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. That's why it's a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Granite Shoals, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of 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 solar panels out of pocket is difficult, solar loans are a popular route because they reduce your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. Even though solar loans make adopting solar energy more accessible for Granite Shoals homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Finally, the company you hire to install your solar panel system can play a role in determining how much it costs. Granite Shoals' solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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||$17,839||9.9 years|
|8 kW||$2.74||$15,365||$24,087||9.7 years|
|10 kW||$2.69||$18,830||$30,485||9.5 years|
|12 kW||$2.64||$22,144||$37,034||9.4 years|
|14 kW||$2.58||$25,308||$43,733||9.2 years|
|16 kW||$2.53||$28,320||$50,584||9.0 years|
|18 kW||$2.47||$31,182||$57,585||8.8 years|
|20 kW||$2.42||$33,894||$64,736||8.6 years|
How to Save on Solar Panels
There are a lot of companies to choose from in Granite Shoals, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running smoothly and save you money on repairs and maintenance.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you hire.
- Contract: It's important to look over your solar installer's contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years likely offer high-quality solar panel installation and expertise.
EcoWatch's Granite Shoals, TX Solar Cost FAQs
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.