Solar Panel Cost Guide in Jersey Village, TX (2023 Update)
- Jersey Village Solar Installation Cost: $14,395
- 25-Year Savings: $22,793
- Payback Period: 9.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Jersey Village
We go over average solar pricing in Jersey Village.
The national average cost of solar panels is $2.66 per watt, but in Jersey Village it's 2.69 per watt. Using this figure, a typical 7.6-kW system would cost about $14,386 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of going solar can vary quite a bit based on multiple factors, such as what size system you need, your energy usage and what solar installer you go with. Many homeowners find adopting solar power is a sound investment. The average homeowner in Jersey Village can save around $19,000 on their electricity bills over 20 years.
Click the button below to get connected to a reputable solar panel company in your area for a customized quote.
Solar savings over time in Jersey Village
| Year | Return on Investment |
|---|---|
| 1 years | $-14,271 |
| 3 years | $-14,023 |
| 5 years | $-13,775 |
| 7 years | $-13,527 |
| 9 years | $-13,279 |
| 11 years | $-13,031 |
| 13 years | $-12,784 |
| 15 years | $-12,536 |
| 17 years | $-12,288 |
| 19 years | $-12,040 |
| 21 years | $-11,792 |
| 23 years | $-11,544 |
| 25 years | $-11,296 |
Top Solar Installers in Jersey Village
When switching to solar energy, many homeowners prefer to hire a solar company since handling can be a time-consuming project. In addition, if you'd like to maximize your investment in solar, opting for a solar company can help with that too. Different providers can offer warranties, expertise on installation and sometimes even information on local incentives.
If you'd like to go solar but still aren't certain which solar panel company to go with, here are our recommendations for providers in Jersey Village:
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 Jersey Village
Factors that Affect Solar Panel Costs in Jersey Village
There are a number of criteria that can influence your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,690. The model of solar panels and equipment you choose is another factor that will significantly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Furthermore, solar equipment goes beyond just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that's in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Jersey Village to be too steep, even if the investment pays off over time. Thankfully, almost every solar company in the area provides access to financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest. While solar loans make switching to solar energy more accessible for Jersey Village homeowners, they can also add to the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The last major cost factor you should take into consideration is the installer you choose. Given the massive popularity of renewable energy solutions in Jersey Village, you'll have a great number of options to choose from, but each comes at various price points for labor and equipment. You may come across national solar installers that have lower prices due to their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those larger 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
The solar installer you choose will affect not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should consider, including:
- Contract: Before you sign a contract with a solar company, make sure to read it through carefully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- 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 likely has a solid reputation and is qualified to do the job well. Another way you can research your installer's reputation is by reading reviews.
- Solar Panel Brands: The type of solar panel you need to get plays a role in which company you should go with, since different companies have different panels.
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the best you can get in the business, and offering such a warranty is one sign of a good company.
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 Jersey Village, TX Solar Cost FAQs
What is the average cost of installing solar panels in Jersey Village?
This is a difficult question to answer precisely, because the cost depends on many factors. Generally 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 additional 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 opt for a smaller solar panel system or less expensive solar panels.
Are solar panels free in Jersey Village?
Solar panels aren't free in Jersey Village, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
How much can I save on electricity bills after installing solar panels?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Jersey Village, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know 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 house 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.