Solar Panel Cost Guide in Jasper, TX (2023 Update)
- Jasper Solar Installation Cost: $14,535
- 25-Year Savings: $26,483
- Payback Period: 8.9 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Jasper
Find out how much it might cost to go solar in Jasper.
Although the national average of solar panels is $2.66 per watt, solar panels in Jasper generally cost about 2.69. The average solar panel system size in Jasper is around 7.7 kilowatts, meaning a cost of about $14,537 for a solar installation, or $20,788 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy consumption, the type of solar system you want, your solar contractor and more. But, once you've paid the upfront cost of installation, the ROI for most homeowners is typically fruitful, with a net average savings of about $20,000 over 20 years on utility bills.
Click the button below to get connected to a reputable solar panel company in Jasper for a custom estimate.
Solar savings over time in Jasper
| Year | Return on Investment |
|---|---|
| 1 years | $-13,237 |
| 3 years | $-10,640 |
| 5 years | $-8,042 |
| 7 years | $-5,445 |
| 9 years | $-2,848 |
| 11 years | $-251 |
| 13 years | $2,346 |
| 15 years | $4,943 |
| 17 years | $7,540 |
| 19 years | $10,137 |
| 21 years | $12,735 |
| 23 years | $15,332 |
| 25 years | $17,929 |
Top Solar Installers in Jasper
DIY solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Going with a solar panel installer can make converting to solar power much easier. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long term because of their warranties, repair services and expert design.
Working with a professional solar installer can make going solar easier. Here are our recommendations:
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 Jasper
Factors that Affect Solar Panel Costs in Jasper
There are a number of factors that can play into your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. For that reason, it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your electric bills. Additionally, extra products, such as solar batteries, can bring your total well above the Jasper average.
Solar Financing Terms
Many homeowners find the average cost of solar in Jasper to be prohibitively steep, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides access to financing options. Solar loans substantially decrease upfront costs in most cases, but they also lead to paying more over time due to interest. Although solar loans make going solar more accessible for Jasper homeowners, they can also increase the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The remaining significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of sustainable energy solutions in Jasper, you'll have a great number 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 your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to more 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 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 | $20,133 | 9.2 years |
| 8 kW | $2.74 | $15,365 | $27,145 | 9.0 years |
| 10 kW | $2.69 | $18,830 | $34,307 | 8.9 years |
| 12 kW | $2.64 | $22,144 | $41,621 | 8.7 years |
| 14 kW | $2.58 | $25,308 | $49,085 | 8.5 years |
| 16 kW | $2.53 | $28,320 | $56,700 | 8.3 years |
| 18 kW | $2.47 | $31,182 | $64,465 | 8.2 years |
| 20 kW | $2.42 | $33,894 | $72,381 | 8.0 years |
How to Save on Solar Panels
There are numerous companies to choose from in Jasper, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you opt for.
- 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 like a system component breaking or if the company goes out of business.
- Reputation: Long-running companies likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Warranty: If you care about the durability of your solar system, verifying that your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
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 Jasper, TX Solar Cost FAQs
How much does it cost to install solar panels in Jasper?
This is a hard question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $13,450 for a 5-kW system and $26,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Jasper?
Leasing solar panels can be an option if you can't afford 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.
Does Jasper have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average home 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.