Solar Panel Cost Guide in Haltom City, TX (2023 Update)
- Haltom City Solar Installation Cost: $14,407
- 25-Year Savings: $22,781
- Payback Period: 9.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Haltom City
Find out what the average cost of installing solar panels is in Haltom City.
The average cost of solar panels in Haltom City is 2.69 per watt. Since a 7.7-kW system is needed to cover the energy costs of a typical home in Haltom City, the average price of going solar will be about $14,405 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The exact cost of going solar can vary based on multiple factors, such as how many panels you need, your energy consumption and what solar installer you go with. Many homeowners find installing solar panels is a rewarding investment. The average homeowner in Haltom City can save about $19,000 on their power bills over 20 years.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Haltom City
| Year | Return on Investment |
|---|---|
| 1 years | $-12,986 |
| 3 years | $-10,143 |
| 5 years | $-7,301 |
| 7 years | $-4,459 |
| 9 years | $-1,617 |
| 11 years | $1,225 |
| 13 years | $4,067 |
| 15 years | $6,909 |
| 17 years | $9,752 |
| 19 years | $12,594 |
| 21 years | $15,436 |
| 23 years | $18,278 |
| 25 years | $21,120 |
Top Solar Installers in Haltom City
Installing solar panels on your own can be a stressful undertaking, which is why using a solar installation company is a good option for many homeowners. Local solar companies can also help you optimize your return on investment by walking you through any local incentives you can take advantage of and by offering warranties and repairs.
Working with a vetted solar company can help your solar project go smoothly. Here are our recommendations:
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 Haltom City
Factors that Affect Solar Panel Costs in Haltom City
While the average cost of a solar system in Haltom City is $14,405, your actual cost may be above or below the average. There are quite a few factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production use 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 many different solar panel brands and the one you choose also affects the cost. Generally, the brands that are more efficient tend to also cost more. Additionally, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are available from most installers in Haltom City, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible. Although solar loans make going solar more accessible for Haltom City homeowners, they can also add to the total you pay for your system, depending on your interest rate. 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
A final factor to consider when trying to figure out the cost of solar for your home or business in Haltom City is the company you hire to install your solar system. As with choosing a company to renovate your kitchen, for instance, you'll have no shortage of solar installers that offer a range of services at different price points. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and choose a company that has the products, warranties and services you're looking for 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 | $17,413 | 10.1 years |
| 8 kW | $2.74 | $15,365 | $23,519 | 9.9 years |
| 10 kW | $2.69 | $18,830 | $29,775 | 9.7 years |
| 12 kW | $2.64 | $22,144 | $36,182 | 9.5 years |
| 14 kW | $2.58 | $25,308 | $42,740 | 9.3 years |
| 16 kW | $2.53 | $28,320 | $49,448 | 9.1 years |
| 18 kW | $2.47 | $31,182 | $56,307 | 8.9 years |
| 20 kW | $2.42 | $33,894 | $63,317 | 8.7 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. Since selecting a company can be a challenge, we have some tips to help you, such as:
- 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 large role in the company you go with.
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Contract: Before signing a contract with a solar company, be sure to look it over fully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
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 Haltom City, TX Solar Cost FAQs
What is the average cost of installing solar panels in Haltom City?
The average cost of solar panels in Haltom City is about $13,450 for a 5-kW system and $26,900 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider in addition to cost when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Haltom City?
Most states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house 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.