Solar Panel Cost Guide in Hudson, TX (2024 Update)
- Hudson Solar Installation Cost: $17,800
- 25-Year Savings: $25,558
- Payback Period: 11.1 Years
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Average Cost of Solar Panels in Hudson
Find out how much it might cost to go solar in Hudson.
The national average cost of solar panels is $2.66 per watt, but in Hudson it’s 3 per watt.The average Hudson homeowner needs a 7.6-kilowatt system, which would cost about $17,800 with the federal tax credit, or $25,454 before the 0 tax credit is applied.
How much you pay can go above or below the average in Hudson depending on a few factors, such as the brand of solar panels you choose and the solar company you hire.With average savings of about $20,000 on energy bills over 20 years, many homeowners in Hudson find installing solar panels has a decent ROI.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Hudson
| Year | Return on Investment |
|---|---|
| 1 years | $-16,502 |
| 3 years | $-13,905 |
| 5 years | $-11,308 |
| 7 years | $-8,710 |
| 9 years | $-6,113 |
| 11 years | $-3,516 |
| 13 years | $-919 |
| 15 years | $1,678 |
| 17 years | $4,275 |
| 19 years | $6,872 |
| 21 years | $9,469 |
| 23 years | $12,067 |
| 25 years | $14,664 |
Top Solar Installers in Hudson
Many homeowners choose to hire a solar panel installer since installing solar panels by yourself can be challenging. Another good thing about going with a top solar installer is that it'll usually provide warranties and free repairs, which help protect your solar system over time.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some near you:
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 Hudson
Factors that Affect Solar Panel Costs in Hudson
For many Hudson homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Hudson, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Hudson, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy usage, which you can determine by looking at past power bills. Your overall cost can increase by about $3,330 for each additional kilowatt you need.The brand of solar panels and equipment you want is another factor that will significantly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more pricey. Moreover, solar equipment is 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
Most solar companies in Hudson offer solar loans, which reduce your upfront costs of installing solar panels.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar installer you choose will play a role in your total cost to go solar. Different companies will bill different amounts for the equipment and labor.You may see national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials 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 | $16,834 | 11.6 years |
| 8 kW | $3.40 | $19,021 | $22,818 | 11.4 years |
| 10 kW | $3.33 | $23,310 | $28,989 | 11.1 years |
| 12 kW | $3.26 | $27,413 | $35,346 | 10.9 years |
| 14 kW | $3.20 | $31,329 | $41,890 | 10.7 years |
| 16 kW | $3.13 | $35,058 | $48,620 | 10.5 years |
| 18 kW | $3.06 | $38,601 | $55,537 | 10.3 years |
| 20 kW | $3.00 | $41,958 | $62,640 | 10.0 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Contract: Although reading through a contract can be tedious, it’s important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should secure and how long the project will take.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
- Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
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 Hudson, TX Solar Cost FAQs
How much does it cost to install solar panels in Hudson?
The average cost of solar panels in Hudson is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Hudson?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Can you sell solar power back to the grid in Hudson?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future utility bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
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.