Solar Panel Cost Guide in Grapevine, TX (Mar 2023)
- Grapevine Solar Installation Cost: $14,443
- 25-Year Savings: $18,451
- Payback Period: 11.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Grapevine
Find out how much it might cost to install solar panels in Grapevine.
In Grapevine, solar panels cost about 2.69 per watt on average. The average Grapevine homeowner needs a 7.7-kilowatt system, which would cost about $14,443 with the federal tax credit, or $20,653 before the 30% tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Grapevine homeowners. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. But, after you've paid the initial cost of installation, the return on investment for most homeowners is quite fruitful, with a net average savings of about $16,000 over 20 years on utility bills.
You can click the button below to get connected with a vetted solar company in Grapevine that can help you get a more accurate cost estimate for your home.
Solar savings over time in Grapevine
| Year | Return on Investment |
|---|---|
| 1 years | $-13,127 |
| 3 years | $-10,495 |
| 5 years | $-7,864 |
| 7 years | $-5,232 |
| 9 years | $-2,601 |
| 11 years | $30 |
| 13 years | $2,662 |
| 15 years | $5,293 |
| 17 years | $7,925 |
| 19 years | $10,556 |
| 21 years | $13,188 |
| 23 years | $15,819 |
| 25 years | $18,451 |
Top Solar Installers in Grapevine
Many homeowners opt for a solar panel installer since trying to install solar panels on your own can be challenging. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long run with their warranties, repair services and expert design.
If you're on the hunt for a solar company in Grapevine, we've put together a list of our top suggestions here:
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 Grapevine
Factors that Affect Solar Panel Costs in Grapevine
The cost of installing a solar system in Grapevine can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,690. There are a lot of different solar panel brands and the one you pick also affects the cost. In general, the brands that are more efficient tend to also be more expensive. In addition, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are a popular choice because they reduce 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 more than the principal cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panels can affect the cost. Grapevine's solar companies all have different labor costs and add varying upcharges to 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 at a higher cost. It's best to do some research and find a company that provides the products, warranties and services you want and also fits 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 | $13,992 | 11.4 years |
| 8 kW | $2.74 | $15,365 | $18,957 | 11.2 years |
| 10 kW | $2.69 | $18,830 | $24,073 | 11.0 years |
| 12 kW | $2.64 | $22,144 | $29,339 | 10.8 years |
| 14 kW | $2.58 | $25,308 | $34,756 | 10.5 years |
| 16 kW | $2.53 | $28,320 | $40,324 | 10.3 years |
| 18 kW | $2.47 | $31,182 | $46,042 | 10.1 years |
| 20 kW | $2.42 | $33,894 | $51,911 | 9.9 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- Contract: Even though reading through a contract can take a lot of time, it's important to do it fully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Warranty: If you care about the durability of your solar panel system, verifying that your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like EcoWatch.
- 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 substantial role in the company you go with.
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 Grapevine, TX Solar Cost FAQs
What is the average cost of installing solar panels in Grapevine?
The average cost of solar panels in Grapevine 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 stuff like the type of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider apart from cost when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Grapevine?
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.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.