Solar Panel Cost Guide in Highlands, TX (Dec 2022)

  • Highlands Solar Installation Cost: $14,386
  • 25-Year Savings: $22,802
  • Payback Period: 9.7 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Highlands

See how much it might cost to switch to solar power in Highlands.

Although the national average of solar panels is $2.66 per watt, solar panels in Highlands generally cost about $3. The average solar panel system size in Highlands is around 7.6 kilowatts, meaning a cost of about $14,386 for a solar installation, or $10,646 after the 30% federal solar tax credit is applied.

How much you pay can go higher or lower than the average in Highlands depending on a few factors, such as the type of solar panels you choose and the solar company you hire. For most homeowners, the upfront investment in solar is worth paying. On average Highlands homeowners see about $19,000 in savings on utility bills over 20 years.

To receive a free quote from a pre-vetted solar company in Highlands, you can click the button below.

Solar savings over time in Highlands

Year Return on Investment
1 years $-12,899
3 years $-9,924
5 years $-6,949
7 years $-3,974
9 years $-999
11 years $1,976
13 years $4,952
15 years $7,927
17 years $10,902
19 years $13,877
21 years $16,852
23 years $19,827
25 years $22,802

Top Solar Installers in Highlands

Trying to install solar panels on your own can be a challenging undertaking, which is why hiring a solar installation company is a good option for many homeowners. Plus, if you aren't sure what type of solar panels and equipment you need, a solar company can help you find the right equipment for you after a site survey and consultation.

Working with a licensed solar company can make going solar easier. Here are our recommendations:

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 Highlands

Factors that Affect Solar Panel Costs in Highlands

There are many factors that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.

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 power your household uses, the larger your system will likely need to be. You can expect to pay about $2,690 per kilowatt in Highlands. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your power bills. Additionally, extra products, such as solar batteries, can bring your total well above the Highlands average.

Solar Financing Terms

Most solar installers in Highlands have solar loans, which reduce the initial cost of installing a solar system. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay back the loan.

Solar Panel Installation Company

The solar installation company you choose will play a role in your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Some companies only sell products with high efficiency and therefore a higher price point — 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 provides the products, warranties and services you want and also is 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 $17,437 10.1 years
8 kW $2.74 $15,365 $23,551 9.9 years
10 kW $2.69 $18,830 $29,815 9.7 years
12 kW $2.64 $22,144 $36,230 9.5 years
14 kW $2.58 $25,308 $42,795 9.3 years
16 kW $2.53 $28,320 $49,512 9.1 years
18 kW $2.47 $31,182 $56,378 8.9 years
20 kW $2.42 $33,894 $63,396 8.7 years

How to Save on Solar Panels

Since the brand of solar panels and the installation company you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:

  • Contract: When looking through your solar company's contract, ask for clarification 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.
  • Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
  • Solar Panel Brands: The brand of solar panel you'd like to install plays a part in which installer you should opt for, since different companies offer different panels.
  • Warranty: A comprehensive, 25-year warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.

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 Highlands, TX Solar Cost FAQs

What is the average cost of installing solar panels in Highlands?

This is a tough question to answer precisely, because the cost depends on many factors. Generally 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 other solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.

What other factors should I consider aside from cost when buying solar panels?

Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

Do solar panels increase how much your home is worth?

Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Highlands is currently $117,000, so you can expect a value of about $4,797 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Highlands is a fruitful investment.

How long do solar panels last in Highlands?

On average, solar panels can last 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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