Solar Panel Cost Guide in Jasper, TX (Mar 2023)
- Jasper Solar Installation Cost: $14,537
- 25-Year Savings: $26,481
- Payback Period: 8.9 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Jasper
Let's have a look at the average cost of solar in Jasper.
While the national average of solar panels is $2.66 per watt, solar panels in Jasper generally cost around 2.69. To account for the typical energy needs of the average home in Jasper, most homeowners require a 7.7-kilowatt system. Using the per-watt figure above, a solar installation costs around $14,537, or $20,788 before the federal solar tax credit of 30% is applied.
These figures are just estimates, and how much solar costs for you will most likely differ based on factors unique to your home and what company you want to go with. With typical savings of about $20,000 on energy bills over 20 years, many homeowners in Jasper find going solar can be quite rewarding.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Jasper
| Year | Return on Investment |
|---|---|
| 1 years | $-12,896 |
| 3 years | $-9,615 |
| 5 years | $-6,333 |
| 7 years | $-3,052 |
| 9 years | $230 |
| 11 years | $3,511 |
| 13 years | $6,793 |
| 15 years | $10,074 |
| 17 years | $13,356 |
| 19 years | $16,637 |
| 21 years | $19,919 |
| 23 years | $23,200 |
| 25 years | $26,481 |
Top Solar Installers in Jasper
Trying to install solar panels by yourself can be a dangerous undertaking, which is why getting a solar installer is a good option for many homeowners. The expertise that solar companies provide can be helpful as well, particularly if you aren't sure what kind of solar equipment would be right for your home.
If you'd like to switch to solar energy but still aren't certain which solar system company to go with, here are our recommendations for providers nearby:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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
For many Jasper homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Jasper, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar energy system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,690. The brand of solar panels and equipment you choose is another factor that will significantly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Furthermore, solar equipment goes beyond just the solar panels themselves. You'll also need to decide on 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
If paying for a solar system out of pocket is too expensive, solar loans are a popular route because they reduce your upfront costs and let you pay for your system over five to seven years on average. When figuring out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panels can influence the cost. Jasper's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.
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
Since the model of solar panels and the installation company you choose considerably influences 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:
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years most likely provide high-quality solar panel installation and expertise.
- Warranty: Warranties that cover replacement parts and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one indication of a quality company.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: Though reading through a contract can be tedious, it's important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 difficult question to answer exactly, 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. On the flip side, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Jasper?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future utility bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
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.