Solar Panel Cost Guide in Hitchcock, TX (2024 Update)
- Hitchcock Solar Installation Cost: $16,726
- 25-Year Savings: $23,676
- Payback Period: 11.2 Years
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Average Cost of Solar Panels in Hitchcock
Find out what the average cost of solar panels are in Hitchcock.
In Hitchcock, solar panels cost about 3 per watt on average.The average Hitchcock homeowner needs a 7.2-kilowatt system, which would cost about $16,726 with the federal tax credit, or $23,918 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The exact cost of making the switch to solar can vary quite a bit based on several factors, such as how many panels you need, your energy consumption and what installation company you go with.With typical savings of about $21,000 on energy bills over 20 years, many homeowners in Hitchcock find installing solar panels can be quite rewarding.
Click the button below to get connected to a top solar installer in your area for a personalized quote.
Solar savings over time in Hitchcock
| Year | Return on Investment |
|---|---|
| 1 years | $-15,305 |
| 3 years | $-12,463 |
| 5 years | $-9,621 |
| 7 years | $-6,779 |
| 9 years | $-3,936 |
| 11 years | $-1,094 |
| 13 years | $1,748 |
| 15 years | $4,590 |
| 17 years | $7,432 |
| 19 years | $10,274 |
| 21 years | $13,117 |
| 23 years | $15,959 |
| 25 years | $18,801 |
Top Solar Installers in Hitchcock
Trying to install solar panels on your own can be a stressful task, which is why getting a solar installer is a good option for many homeowners. Another great thing about going with a vetted solar installer is that it'll usually provide warranties and free repairs, which help protect your solar investment.
If you’d like to make the switch to solar but still aren’t sure which solar installer to go with, here are our suggestions for providers nearby:
Best National Provider
SunPower
- 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
- 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 Hitchcock
Factors that Affect Solar Panel Costs in Hitchcock
Even though the average cost of a solar system in Hitchcock is $16,726, your final cost may be higher or lower than that. There are quite a few factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay about $3,330 per kilowatt in Hitchcock.The type of solar equipment you choose can increase or decrease your cost 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, higher efficiency could save you more in the long run on your energy bills. In addition, add-on products, like solar batteries, can bring your total well above the Hitchcock average.
Solar Financing Terms
Most solar companies in Hitchcock provide solar loans, which reduce the initial cost of installing solar panels.It’s wise to include 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 panel installation company you select will affect your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.You may come across national solar installers that have lower prices because of their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $16,550 | 11.7 years |
| 8 kW | $3.40 | $19,021 | $22,440 | 11.5 years |
| 10 kW | $3.33 | $23,310 | $28,516 | 11.2 years |
| 12 kW | $3.26 | $27,413 | $34,778 | 11.0 years |
| 14 kW | $3.20 | $31,329 | $41,227 | 10.8 years |
| 16 kW | $3.13 | $35,058 | $47,863 | 10.6 years |
| 18 kW | $3.06 | $38,601 | $54,685 | 10.3 years |
| 20 kW | $3.00 | $41,958 | $61,694 | 10.1 years |
How to Save on Solar Panels
Since the brand of solar panels and the installer 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 make sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
- Reputation: Well-established companies likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: The kind of solar panel you need plays a part in which company you should choose, since different companies have access to different panels.
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
Best National Provider
SunPower
- 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
- 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 Hitchcock, TX Solar Cost FAQs
What is the average cost of installing solar panels in Hitchcock?
This is a difficult question to answer precisely, 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. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Are solar panels free in Hitchcock?
You can’t get solar panels for free in Hitchcock. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and how much direct sunlight your roof gets.
How long do solar panels last in Hitchcock?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger 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.