Solar Panel Cost Guide in Jacksboro, TX (2024 Update)
- Jacksboro Solar Installation Cost: $17,434
- 25-Year Savings: $19,077
- Payback Period: 13.1 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Jacksboro
We break down average solar pricing in Jacksboro.
The national average cost of solar panels is $2.66 per watt, but in Jacksboro it’s 3 per watt.Since a 7.5-kW system is needed to cover the energy needs of a typical home in Jacksboro, the average price of going solar will be about $17,434 after claiming the federal solar tax credit of 0.
Bear in mind that the figures above are only estimates based on the average energy use of Jacksboro homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Despite the significant initial cost, the average Jacksboro homeowner can save about $17,000 on their power bills over 20 years, which is one of the benefits of solar.
You can click the button below to get connected with a pre-vetted solar installer in Jacksboro that can help you get a more accurate cost estimate for your home.
Solar savings over time in Jacksboro
| Year | Return on Investment |
|---|---|
| 1 years | $-16,237 |
| 3 years | $-13,843 |
| 5 years | $-11,448 |
| 7 years | $-9,054 |
| 9 years | $-6,659 |
| 11 years | $-4,265 |
| 13 years | $-1,871 |
| 15 years | $524 |
| 17 years | $2,918 |
| 19 years | $5,313 |
| 21 years | $7,707 |
| 23 years | $10,102 |
| 25 years | $12,496 |
Top Solar Installers in Jacksboro
Many homeowners opt for a solar panel company since figuring out how to install solar panels yourself can be hard. A solar installer can also help save you money over the lifespan of your system by offering warranties, repairs and part replacements.
If you're on the hunt for a solar installer in Jacksboro, the EcoWatch team has compiled a list of our top suggestions here:
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 Jacksboro
Factors that Affect Solar Panel Costs in Jacksboro
The cost of installing a solar system in Jacksboro can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. That’s why it’s crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.The type of solar panels and equipment you choose is another factor that will greatly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions 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 looking into a solar system that’s in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Jacksboro to be prohibitively costly, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also lead to a higher cost over time due to interest.You’ll have to consider the long-term cost of loans, including the amount of 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 original cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panel system can influence your pricing. Jacksboro’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 bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $12,056 | 13.7 years |
| 8 kW | $3.40 | $19,021 | $16,448 | 13.4 years |
| 10 kW | $3.33 | $23,310 | $21,026 | 13.1 years |
| 12 kW | $3.26 | $27,413 | $25,790 | 12.9 years |
| 14 kW | $3.20 | $31,329 | $30,741 | 12.6 years |
| 16 kW | $3.13 | $35,058 | $35,879 | 12.4 years |
| 18 kW | $3.06 | $38,601 | $41,203 | 12.1 years |
| 20 kW | $3.00 | $41,958 | $46,713 | 11.8 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 find the right company for you, here are some tips to keep in mind:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can look into your installer’s reputation is by reading reviews.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. Although there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of offerings before making your decision.
- Installation Process: Make sure you’re on the same page with the installer regarding how the installation process will go and what needs to be done before your solar panel system is installed, such as updating your electrical system or roof.
- Warranty: Companies typically offer different kinds of warranties that cover different things. 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 Jacksboro, TX Solar Cost FAQs
How much does it cost to install solar panels in Jacksboro?
This is a difficult question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $16,650 for a 5-kW system and $33,300 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in Jacksboro?
Leasing solar panels can be an attractive choice, as it usually comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
How will having solar panels impact how much my home is worth?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Jacksboro is currently $144,316, which means you can look forward to a value of about $5,917 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Jacksboro is a fruitful investment.
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.