Solar Panel Cost Guide in Henrietta, TX (Mar 2023)

  • Henrietta Solar Installation Cost: $14,122
  • 25-Year Savings: $23,065
  • Payback Period: 9.5 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated March 14, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Henrietta

Let's have a look at the average cost of solar in Henrietta.

The national average cost of solar panels is $2.66 per watt, but in Henrietta it's 2.69 per watt. To cover the typical energy usage of the average home in Henrietta, most homeowners require a 7.5-kilowatt system. Using the per-watt figure above, a solar installation costs around $14,122, or $20,194 before the federal solar tax credit of 30% is applied.

These figures are only averages, and your own solar costs may vary based on the amount of energy your home requires and what company you want to go with. For most homeowners, the upfront investment in solar power is worth paying. On average Henrietta homeowners see about $20,000 in savings on electricity bills over 20 years.

Click the button below to get connected to a top solar company in your area for a custom quote.

Solar savings over time in Henrietta

Year Return on Investment
1 years $-12,635
3 years $-9,660
5 years $-6,685
7 years $-3,710
9 years $-735
11 years $2,240
13 years $5,215
15 years $8,190
17 years $11,165
19 years $14,140
21 years $17,115
23 years $20,090
25 years $23,065

Top Solar Installers in Henrietta

Trying to put up solar panels on your own can be a stressful undertaking, which is why using a solar installer is a good option for many homeowners. Companies can also provide access to a large variety of the best solar panels and help you decide which one will be right for you.

If you're searching for a solar installer in Henrietta, we've organized a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Henrietta

Factors that Affect Solar Panel Costs in Henrietta

The cost of installing a solar system in Henrietta can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is your system size, 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 adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend around $2,690 per kilowatt in Henrietta. The brand of solar panels and equipment you get is another factor that will considerably affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Further, solar equipment is more than just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking into a solar system that falls within your budget.

Solar Financing Terms

Solar panels can save you money on power bills over many years, but they can also be a big investment. That's why many Henrietta homeowners opt to finance their solar panel systems to make going solar more affordable. Even though solar loans make switching to solar energy more accessible for Henrietta homeowners, they can also add to the total you pay for your system due to interest. 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 solar company you choose will play a role in your total cost to make the switch to solar energy. Different companies will bill different amounts for the equipment and labor. The size of the company sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger companies.

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 $18,004 9.9 years
8 kW $2.74 $15,365 $24,306 9.7 years
10 kW $2.69 $18,830 $30,759 9.5 years
12 kW $2.64 $22,144 $37,363 9.3 years
14 kW $2.58 $25,308 $44,117 9.1 years
16 kW $2.53 $28,320 $51,022 8.9 years
18 kW $2.47 $31,182 $58,078 8.7 years
20 kW $2.42 $33,894 $65,284 8.5 years

How to Save on Solar Panels

There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:

  • Installation Process: Make sure you're aligned with the installer with regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as repairing your electrical system or roof.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can check your installer's reputation is by reading reviews.
  • Contract: When looking through your solar installer's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
  • Solar Panel Brands: Different companies will have different brands and types of panels. If you know you want a specific brand, make sure the solar installer you're considering has it.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Henrietta, TX Solar Cost FAQs

How much does it cost to install solar panels in Henrietta?

The average cost of solar panels in Henrietta 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 things like the kind of solar panels you want, what size system you need and how much energy you consume.

Is it better to lease or buy solar panels in Henrietta?

Leasing solar panels can be an appealing choice, as it often comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better option if you want to maximize your savings.

Do solar panels increase how much your home is worth?

Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."

How long do solar panels last in Henrietta?

On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.

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.

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