Solar Panel Cost Guide in Hallsville, TX (2023 Update)
- Hallsville Solar Installation Cost: $14,699
- 25-Year Savings: $22,046
- Payback Period: 10.0 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Hallsville
Find out what the average cost of a solar system is in Hallsville.
While the national average of solar panels is $2.66 per watt, solar panels in Hallsville typically cost around 2.69. The average Hallsville homeowner needs a 7.8-kilowatt system, which would cost about $14,706 with the federal tax credit, or $21,030 before the 30% tax credit is applied.
Remember that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy needs, the type of solar panels you choose, your solar contractor and more. For many homeowners, the upfront investment in solar panels is worth paying. On average homeowners in Hallsville see about $18,000 in savings on electricity bills over 20 years.
To get a free estimate from a pre-vetted solar installation company in Hallsville, you can click the button below.
Solar savings over time in Hallsville
| Year | Return on Investment |
|---|---|
| 1 years | $-14,576 |
| 3 years | $-14,331 |
| 5 years | $-14,086 |
| 7 years | $-13,841 |
| 9 years | $-13,596 |
| 11 years | $-13,351 |
| 13 years | $-13,106 |
| 15 years | $-12,861 |
| 17 years | $-12,617 |
| 19 years | $-12,372 |
| 21 years | $-12,127 |
| 23 years | $-11,882 |
| 25 years | $-11,637 |
Top Solar Installers in Hallsville
Although it's possible to install solar panels by yourself, it involves extra labor and handiness. For that reason, most people choose a solar panel installer. Plus, if you aren't sure what brand of solar panels and equipment you want, a solar expert can help you find the right equipment for you after a site survey and consultation.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some in Hallsville:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Hallsville
Factors that Affect Solar Panel Costs in Hallsville
Though the average cost of a solar system in Hallsville is $14,706, your final cost may be above or below the average. There are quite a few factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
The size of the solar 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, you can expect your total to increase by around $2,690. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your electric bills. In addition, extra products, such as solar batteries, can bring your total well above the Hallsville average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are offered by most installers in Hallsville, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible. However, the interest on solar loans also increases your total costs, so it's vital to keep that in mind as well. You can always lower the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The solar panel installer you choose will influence your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor. You may come across national solar installers that have lower prices because of their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $16,493 | 10.4 years |
| 8 kW | $2.74 | $15,365 | $22,292 | 10.2 years |
| 10 kW | $2.69 | $18,830 | $28,242 | 10.0 years |
| 12 kW | $2.64 | $22,144 | $34,342 | 9.8 years |
| 14 kW | $2.58 | $25,308 | $40,593 | 9.6 years |
| 16 kW | $2.53 | $28,320 | $46,995 | 9.4 years |
| 18 kW | $2.47 | $31,182 | $53,547 | 9.2 years |
| 20 kW | $2.42 | $33,894 | $60,250 | 9.0 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a challenge, we have some tips to help you, such as:
- Contract: It's important to look over your solar installer's contract well 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 companies that have great reviews from their customers and that have been in business for many years in most cases offer high-quality solar panel installation and expertise.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panels running smoothly and save you money on part replacement and repairs.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you choose.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Hallsville, TX Solar Cost FAQs
How much does it cost to install solar panels in Hallsville?
This is a tough question to answer exactly, because the cost depends on a variety of 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 cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
What other factors should I consider in addition to cost when buying solar panels?
The initial cost is a crucial factor to consider, but whether it's the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Can solar panels eliminate my energy bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Hallsville, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out how much energy your home needs 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.