Solar Panel Cost Guide in Jersey Village, TX (Mar 2023)
- Jersey Village Solar Installation Cost: $14,386
- 25-Year Savings: $22,802
- Payback Period: 9.7 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Jersey Village
We go over average solar pricing in Jersey Village.
In Jersey Village, solar panels cost about 2.69 per watt on average. Because a 7.6-kW system is needed to cover the energy costs of a typical home in Jersey Village, the average price of going solar will be about $14,386 after claiming the federal solar tax credit of 30%.
Keep in mind that the figures above are only estimates based on the average Jersey Village homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. For many homeowners, the upfront cost of solar is worth paying. On average homeowners in Jersey Village see about $19,000 in savings on electricity bills over 20 years.
To receive a free quote from a pre-vetted solar installer in Jersey Village, you can click the button below.
Solar savings over time in Jersey Village
| Year | Return on Investment |
|---|---|
| 1 years | $-12,899 |
| 3 years | $-9,924 |
| 5 years | $-6,949 |
| 7 years | $-3,974 |
| 9 years | $-999 |
| 11 years | $1,976 |
| 13 years | $4,952 |
| 15 years | $7,927 |
| 17 years | $10,902 |
| 19 years | $13,877 |
| 21 years | $16,852 |
| 23 years | $19,827 |
| 25 years | $22,802 |
Top Solar Installers in Jersey Village
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can use up a lot of your time and energy. Using an installer can make your swap to solar power much easier. Some solar installers, particularly local ones, can help you better understand incentives in Jersey Village, therefore optimizing your ROI.
There are a number of 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 (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 Jersey Village
Factors that Affect Solar Panel Costs in Jersey Village
There are several criteria that can play into your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The cost of solar panel systems 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 better efficiency or power generation require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,690. The model of solar panels and equipment you want is another factor that will greatly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Further, 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 for a solar system that's in your budget.
Solar Financing Terms
Most solar installers in Jersey Village provide solar loans, which reduce the initial cost of installing solar. While solar loans make adopting solar energy more accessible for Jersey Village homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you go with to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar panel companies in Jersey Village, and each can charge varying amounts for labor and equipment. You may come across national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions 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 opt for will affect not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should take into account, such as:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Although there are many options for which type 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 options before deciding.
- Contract: Even though reading through a contract can be tedious, it's important to do it fully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to install your solar system. Another way you can look into your installer's reputation is by reading reviews.
- Warranty: If you're concerned about the durability of your solar panels, making sure 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 (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 Jersey Village, TX Solar Cost FAQs
How much does it cost to install solar panels in Jersey Village?
The average cost of solar panels in Jersey Village 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 like the model of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Jersey Village?
Leasing solar panels can be an appealing choice, as it usually comes with low or $0 upfront payments. The downside 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 get the most savings.
Does Jersey Village have a net metering program?
Most states have net metering programs of some kind. Through these, you can get paid for the extra power your system produces 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 often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.