Solar Panel Cost Guide in Heath, TX (2023 Update)
- Heath Solar Installation Cost: $14,499
- 25-Year Savings: $22,689
- Payback Period: 9.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Heath
Find out what the average cost of solar panels are in Heath.
The national average cost of solar panels is $2.66 per watt, but in Heath it's 2.69 per watt. The average Heath homeowner needs a 7.7-kilowatt system, which would cost about $14,499 with the federal tax credit, or $20,734 before the 30% tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of going solar can vary depending on a few factors, such as what size system you need, your energy consumption and what solar installer you go with. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Heath can save about $19,000 on their electricity bills over 20 years.
Click the button below to get connected to a top solar panel company in your area for a customized quote.
Solar savings over time in Heath
| Year | Return on Investment |
|---|---|
| 1 years | $-13,012 |
| 3 years | $-10,037 |
| 5 years | $-7,062 |
| 7 years | $-4,087 |
| 9 years | $-1,112 |
| 11 years | $1,864 |
| 13 years | $4,839 |
| 15 years | $7,814 |
| 17 years | $10,789 |
| 19 years | $13,764 |
| 21 years | $16,739 |
| 23 years | $19,714 |
| 25 years | $22,689 |
Top Solar Installers in Heath
When switching to solar energy, many homeowners opt to hire a solar installer since installing solar panels yourself can be a difficult project. Companies can also offer access to quality options of the best solar panels and help you decide which one will be right for your family.
If you'd like to go solar but still aren't sure which solar panel company to go with, here are our recommendations for providers nearby:
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 Heath
Factors that Affect Solar Panel Costs in Heath
The cost of installing a solar system in Heath can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay around $2,690 per kilowatt in Heath. The model of solar panels and equipment you get is another factor that will considerably impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Further, solar equipment consists of more than just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are offered by most installers in Heath, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible. Though solar loans make switching to solar energy more accessible for Heath homeowners, they can also increase 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
The remaining significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of clean energy solutions in Heath, you'll have many options to choose from, but each comes at varying 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 with an above-average cost. It's best to do some research and choose a company that provides 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 | $17,214 | 10.1 years |
| 8 kW | $2.74 | $15,365 | $23,254 | 9.9 years |
| 10 kW | $2.69 | $18,830 | $29,444 | 9.8 years |
| 12 kW | $2.64 | $22,144 | $35,784 | 9.6 years |
| 14 kW | $2.58 | $25,308 | $42,276 | 9.4 years |
| 16 kW | $2.53 | $28,320 | $48,918 | 9.2 years |
| 18 kW | $2.47 | $31,182 | $55,710 | 9.0 years |
| 20 kW | $2.42 | $33,894 | $62,653 | 8.8 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be a tough decision, we have some tips to help you, such as:
- Contract: Read the contract terms carefully to make sure you understand the cost breakdown, project timeline rebates and warranties.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases provide quality solar panel installation and expertise.
- Installation Process: When going solar, it's essential to keep an open line of communication with your solar company. See to it that you understand how the installation process will go and the project timeline.
- Solar Panel Brands: Different companies have various brands and kinds of panels. If you want a specific brand, make sure the solar panel installer you're considering has it.
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 Heath, TX Solar Cost FAQs
How much does it cost to install solar panels in Heath?
The average cost of solar panels in Heath 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 things like the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider aside from cost when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Heath?
Solar panels can be a beneficial investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already fairly low, solar panels might not be for you.
How often do you have to replace solar panels?
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 decide to replace them once you've had them for that long or you can keep using 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.