Solar Panel Cost Guide in Humble, TX (Mar 2023)
- Humble Solar Installation Cost: $14,386
- 25-Year Savings: $22,914
- Payback Period: 9.6 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Humble
See how much it might cost to go solar in Humble.
While the national average of solar panels is $2.66 per watt, solar panels in Humble typically cost about 2.69. Using this figure, a typical 7.6-kW system would cost about $14,386 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of making the switch to solar can vary based on multiple factors, such as how many panels you need, your energy usage and what solar installer you go with. With average savings of about $19,000 on energy bills over 20 years, many homeowners in Humble find investing in solar can be quite rewarding.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Humble
| Year | Return on Investment |
|---|---|
| 1 years | $-12,894 |
| 3 years | $-9,910 |
| 5 years | $-6,926 |
| 7 years | $-3,942 |
| 9 years | $-958 |
| 11 years | $2,026 |
| 13 years | $5,010 |
| 15 years | $7,994 |
| 17 years | $10,978 |
| 19 years | $13,962 |
| 21 years | $16,946 |
| 23 years | $19,930 |
| 25 years | $22,914 |
Top Solar Installers in Humble
DIY solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Using an installer can make your switch to solar power much easier. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long term due to their warranties, repair services and expert design.
Working with a vetted solar company can help your solar project go smoothly. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Humble
Factors that Affect Solar Panel Costs in Humble
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that determine your overall cost in Humble: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
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 energy your household uses, the larger your system will likely need to be. You can expect to spend around $2,690 per kilowatt in Humble. There are several different solar panel brands and the one you choose also changes the cost. In many cases, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are offered by most installers in Humble, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The remaining significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of renewable energy solutions in Humble, you'll have lots of options to choose from, but each comes at different price points for labor and equipment. The company's size sometimes plays the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices due to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $17,525 | 10.0 years |
| 8 kW | $2.74 | $15,365 | $23,668 | 9.8 years |
| 10 kW | $2.69 | $18,830 | $29,962 | 9.6 years |
| 12 kW | $2.64 | $22,144 | $36,406 | 9.5 years |
| 14 kW | $2.58 | $25,308 | $43,001 | 9.3 years |
| 16 kW | $2.53 | $28,320 | $49,747 | 9.1 years |
| 18 kW | $2.47 | $31,182 | $56,643 | 8.9 years |
| 20 kW | $2.42 | $33,894 | $63,690 | 8.7 years |
How to Save on Solar Panels
The solar installer you opt for will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, such as:
- Installation Process: Make sure you're aligned with the installer in regard to how the installation process will go and what you need to do before your solar panel system is installed, such as updating your electrical system or roof.
- Solar Panel Brands: The kind of solar panel you'd like plays a part in which company you should go with, since different companies offer different panels.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
- Contract: Although reading through a contract can be tedious, it's important to do it fully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Humble, TX Solar Cost FAQs
How much does it cost to install solar panels in Humble?
The average cost of solar panels in Humble 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 certain factors like the kind of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider in addition to cost when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it's the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Does Humble have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future energy bills.
How often do you have to replace solar panels?
On average, solar panels can last 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 higher level 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.