Solar Panel Cost Guide in Hunters Creek Village, TX (Jan 2023)
- Hunters Creek Village Solar Installation Cost: $14,386
- 25-Year Savings: $22,802
- Payback Period: 9.7 Years
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Top Solar Installers in Hunters Creek Village
Installing solar panels yourself can be a dangerous task, which is why getting a solar installer is a good option for many homeowners. Plus, if you aren't sure what kind of solar panels and equipment you want, a solar installer can help you figure that out after a site survey and consultation.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Hunters Creek Village
Factors that Affect Solar Panel Costs in Hunters Creek Village
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that affect your total cost in Hunters Creek Village: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
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 consumes, the larger your system will likely need to be. You can expect to pay about $2,690 per kilowatt in Hunters Creek Village. The model of solar panels and equipment you choose is another factor that will substantially influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment is more than just the solar panels themselves. You'll also need to think about 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's in your budget.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are an affordable choice because they lower your upfront costs and allow you to pay for your system over five to seven years on average. Even though solar loans make going solar more accessible for Hunters Creek Village homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The remaining significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of renewable energy solutions in Hunters Creek Village, you'll have a great number 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 pricing due to access to more 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 discount can bring their pricing lower to compete with bigger companies.
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
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Installation Process: Make sure you're on the same page with the installer with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the gold standard in the business, and offering such a warranty is one indication of a good company.
- Contract: When reading 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 component breaking or if the company goes out of business.
- Solar Panel Brands: Different companies offer various brands and types of panels. If you know you want a specific brand, make sure the solar panel company you're considering has it.
EcoWatch's Hunters Creek Village, TX Solar Cost FAQs
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.