Solar Panel Cost Guide in Humble, TX (2024 Update)
- Humble Solar Installation Cost: $17,820
- 25-Year Savings: $22,905
- Payback Period: 11.9 Years
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Average Cost of Solar Panels in Humble
Find out what the average cost of solar panel installation is in Humble.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Humble, the average cost of solar panels is 3 per watt.Since a 7.6-kW system is needed to cover the energy consumption of a typical home in Humble, the average price of going solar will be about $17,820 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average energy use of Humble homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.For most homeowners, the upfront investment in solar power is worth paying. On average homeowners in Humble see about $19,000 in savings on energy bills over 20 years.
To receive a free estimate from a highly rated solar installer in Humble, you can click the button below.
Solar savings over time in Humble
| Year | Return on Investment |
|---|---|
| 1 years | $-16,388 |
| 3 years | $-13,526 |
| 5 years | $-10,663 |
| 7 years | $-7,801 |
| 9 years | $-4,938 |
| 11 years | $-2,075 |
| 13 years | $787 |
| 15 years | $3,650 |
| 17 years | $6,513 |
| 19 years | $9,375 |
| 21 years | $12,238 |
| 23 years | $15,100 |
| 25 years | $17,963 |
Top Solar Installers in Humble
When switching to solar energy, many homeowners decide to use a solar company since DIY solar panel installation can be a difficult project. Solar warranties and repairs are usually included in the cost of installation when you go with a solar company too, which can save you more money over time.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Humble
Factors that Affect Solar Panel Costs in Humble
For many Humble homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Humble, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it’s a priority to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose 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 in the long run on your power bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Humble average.
Solar Financing Terms
If paying for a solar system out of pocket is difficult, solar loans are a solid option because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.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 getting a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panel system can affect the cost. Humble’s solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices because of their larger brand name and access to bulk pricing, 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 | $14,730 | 12.4 years |
| 8 kW | $3.40 | $19,021 | $20,013 | 12.2 years |
| 10 kW | $3.33 | $23,310 | $25,482 | 11.9 years |
| 12 kW | $3.26 | $27,413 | $31,138 | 11.7 years |
| 14 kW | $3.20 | $31,329 | $36,980 | 11.5 years |
| 16 kW | $3.13 | $35,058 | $43,009 | 11.2 years |
| 18 kW | $3.06 | $38,601 | $49,224 | 11.0 years |
| 20 kW | $3.00 | $41,958 | $55,626 | 10.7 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:
- Warranty: Warranties that cover defective panels and repairs over around 25 years are the best you can get in the business, and offering that kind of warranty is one indication of a quality company.
- Contract: It’s important to read through your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
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 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 $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Humble?
A solar panel system isn’t free in Humble, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Do solar panels increase the value of your home?
Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.