Solar Panel Cost Guide in Haltom City, TX (2024 Update)
- Haltom City Solar Installation Cost: $17,834
- 25-Year Savings: $22,781
- Payback Period: 12.0 Years
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Average Cost of Solar Panels in Haltom City
We break down average solar pricing in Haltom City.
The national average cost of solar panels is $2.66 per watt, but in Haltom City it’s 3 per watt.To account for the typical energy needs of the average home in Haltom City, most homeowners require a 7.7-kilowatt system. Using the per-watt figure above, a solar installation costs around $17,834, or $25,503 before the federal solar tax credit of 0 is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy consumption, the type of solar system you want, your solar contractor and more.For most homeowners, the upfront cost of solar is worth paying. On average homeowners in Haltom City see about $19,000 in savings on utility bills over 20 years.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Haltom City
| Year | Return on Investment |
|---|---|
| 1 years | $-16,413 |
| 3 years | $-13,571 |
| 5 years | $-10,729 |
| 7 years | $-7,887 |
| 9 years | $-5,045 |
| 11 years | $-2,202 |
| 13 years | $640 |
| 15 years | $3,482 |
| 17 years | $6,324 |
| 19 years | $9,166 |
| 21 years | $12,008 |
| 23 years | $14,850 |
| 25 years | $17,693 |
Top Solar Installers in Haltom City
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Taking advantage of an installer can make converting to solar power much easier. A solar installer can also help save you money over time by offering warranties, repairs and part replacements.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Haltom City
Factors that Affect Solar Panel Costs in Haltom City
For many Haltom City homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Haltom City, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar system in Haltom City, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy usage, which you can gauge by looking at past power bills. Your total cost can increase by about $3,330 for each additional kilowatt you need.There are a lot of different solar panel brands and the one you pick also changes the cost. Usually, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you’re looking to get can affect your total cost. If you only 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 out of pocket is out of reach, solar loans are an affordable route because they reduce your upfront costs and let you pay for your system over five to seven years on average.Even though solar loans make switching to solar energy more accessible for Haltom City homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The remaining key cost factor you should take into consideration is the installer you choose. Given the massive popularity of sustainable energy solutions in Haltom City, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.Some companies only sell high-quality, high-efficiency and high-price products — 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 has the products, warranties and services you’re looking for and also fit into 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 | $3.46 | $14,545 | $14,618 | 12.5 years |
| 8 kW | $3.40 | $19,021 | $19,863 | 12.2 years |
| 10 kW | $3.33 | $23,310 | $25,295 | 12.0 years |
| 12 kW | $3.26 | $27,413 | $30,914 | 11.7 years |
| 14 kW | $3.20 | $31,329 | $36,719 | 11.5 years |
| 16 kW | $3.13 | $35,058 | $42,710 | 11.3 years |
| 18 kW | $3.06 | $38,601 | $48,888 | 11.0 years |
| 20 kW | $3.00 | $41,958 | $55,253 | 10.8 years |
How to Save on Solar Panels
The solar installer you go with will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should keep in mind, such as:
- Contract: Before you sign a contract with a solar installer, be sure to read it through fully so you understand the terms. Also, ask questions if you’re not 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.
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Haltom City, TX Solar Cost FAQs
What is the average cost of installing solar panels in Haltom City?
This is a difficult question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $16,650 for a 5-kW system and $33,300 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have above-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Are solar panels free in Haltom City?
You can’t get solar panels for free in Haltom City. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Can solar panels significantly reduce my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $972.11 per year.
How long do solar panels last in Haltom City?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them after having them for that long or you can continue to use them at a lower efficiency.
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.