Solar Panel Cost Guide in Gun Barrel City, TX (Jan 2023)
- Gun Barrel City Solar Installation Cost: $14,518
- 25-Year Savings: $22,670
- Payback Period: 9.8 Years
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Top Solar Installers in Gun Barrel City
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can take a lot of hard work. Going with a solar company can make your switch to solar power much easier. Plus, if you aren't sure what type of solar panels and equipment you need, a solar company can help you find the right equipment for you after a site survey and consultation.
If you'd like to go solar but still aren't certain which solar system installer to go with, here are our recommendations for providers near you:
See all of the solar companies in Gun Barrel City
Factors that Affect Solar Panel Costs in Gun Barrel City
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few key factors that determine your overall cost in Gun Barrel City: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,690. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Gun Barrel City, 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 a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are available from most installers in Gun Barrel City, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more accessible. When considering your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies operating in Gun Barrel City, and each can charge different amounts for labor and equipment. Additionally, some companies in Gun Barrel City have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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||$17,206||10.1 years|
|8 kW||$2.74||$15,365||$23,243||9.9 years|
|10 kW||$2.69||$18,830||$29,430||9.8 years|
|12 kW||$2.64||$22,144||$35,768||9.6 years|
|14 kW||$2.58||$25,308||$42,256||9.4 years|
|16 kW||$2.53||$28,320||$48,895||9.2 years|
|18 kW||$2.47||$31,182||$55,685||9.0 years|
|20 kW||$2.42||$33,894||$62,626||8.8 years|
How to Save on Solar Panels
The solar company you opt for will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, such as:
- Solar Panel Brands: Different companies will offer different brands and kinds of panels. If you prefer a specific brand, make sure the solar panel installer you're considering has it.
- Installation Process: When going solar, it's important to keep an open line of communication with your solar panel company. Make sure you understand how the installation process works and the project timeline.
- Contract: When reading through your solar company's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Warranty: Many companies offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
EcoWatch's Gun Barrel City, 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.