Solar Panel Cost Guide in Jacksboro, TX (2023 Update)
- Jacksboro Solar Installation Cost: $14,085
- 25-Year Savings: $19,075
- Payback Period: 10.6 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Jacksboro
Here's how much it might cost to switch to solar power in Jacksboro.
While the national average of solar panels is $2.66 per watt, solar panels in Jacksboro generally cost around 2.69. 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 $14,085 after claiming the federal solar tax credit of 30%.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy needs, the type of equipment you want to get, your solar contractor and more. Many homeowners find going solar is a rewarding investment. The average homeowner in Jacksboro can save about $17,000 on their energy bills over 20 years.
Click the button below to get connected to a top solar panel company in your area for a custom quote.
Solar savings over time in Jacksboro
| Year | Return on Investment |
|---|---|
| 1 years | $-12,758 |
| 3 years | $-10,106 |
| 5 years | $-7,453 |
| 7 years | $-4,800 |
| 9 years | $-2,147 |
| 11 years | $506 |
| 13 years | $3,158 |
| 15 years | $5,811 |
| 17 years | $8,464 |
| 19 years | $11,117 |
| 21 years | $13,770 |
| 23 years | $16,423 |
| 25 years | $19,075 |
Top Solar Installers in Jacksboro
Although it's possible to install solar panels on your own, it takes extra time and knowledge. For that reason, most homeowners choose to go with a solar panel installer. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long term due to their warranties, repair services and expert design.
There are several 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
See all of the solar companies in Jacksboro
Factors that Affect Solar Panel Costs in Jacksboro
There are a number of criteria that can influence your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
Solar 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 important to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Jacksboro, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are provided by most installers in Jacksboro, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more accessible. Even though solar loans make going solar more accessible for Jacksboro homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The final key cost factor you should consider is the installer you choose. Given the massive popularity of green energy solutions in Jacksboro, you'll have lots of options to choose from, but each comes at various price points for labor and equipment. The size of the company can sometimes play the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion 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 | $14,852 | 11.0 years |
| 8 kW | $2.74 | $15,365 | $20,103 | 10.8 years |
| 10 kW | $2.69 | $18,830 | $25,506 | 10.6 years |
| 12 kW | $2.64 | $22,144 | $31,059 | 10.4 years |
| 14 kW | $2.58 | $25,308 | $36,762 | 10.2 years |
| 16 kW | $2.53 | $28,320 | $42,617 | 10.0 years |
| 18 kW | $2.47 | $31,182 | $48,622 | 9.8 years |
| 20 kW | $2.42 | $33,894 | $54,777 | 9.6 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose greatly affects your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations 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.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years most likely provide quality solar panel installation and expertise.
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Even though reading through a contract can take a lot of time, it's important to do it thoroughly so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
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?
The average cost of solar panels in Jacksboro 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 stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Jacksboro?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your home 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.
Do solar panels increase the value of your home?
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 $88,500, so you can expect a value of about $3,628 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Jacksboro is a worthwhile investment.
How long do solar panels last in Jacksboro?
On average, the lifespan of solar panels is 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 amount 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.