Solar Panel Cost Guide in Joshua, TX (2024 Update)
- Joshua Solar Installation Cost: $17,710
- 25-Year Savings: $17,531
- Payback Period: 13.9 Years
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Average Cost of Solar Panels in Joshua
Find out how much it might cost to install solar panels in Joshua.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Joshua, the typical cost of a solar system is 3 per watt.The average solar panel system size in Joshua is around 7.6 kilowatts, meaning a cost of about $17,710 for a solar installation, or $25,325 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Joshua homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.For most homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $16,000 in savings on electricity bills over 20 years.
You can click the button below to get connected with a vetted solar company in Joshua for a quote for your home.
Solar savings over time in Joshua
| Year | Return on Investment |
|---|---|
| 1 years | $-16,530 |
| 3 years | $-14,170 |
| 5 years | $-11,810 |
| 7 years | $-9,450 |
| 9 years | $-7,090 |
| 11 years | $-4,730 |
| 13 years | $-2,370 |
| 15 years | $-10 |
| 17 years | $2,350 |
| 19 years | $4,710 |
| 21 years | $7,070 |
| 23 years | $9,431 |
| 25 years | $11,791 |
Top Solar Installers in Joshua
Many homeowners opt for a solar panel company since installing solar panels on your own can be a lot of work. Local solar installers can also help you maximize your return on investment by walking you through any local incentives and by offering warranties and repairs.
Working with a professional solar company can help you make the most of your investment in solar. Here are our recommendations:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Joshua
Factors that Affect Solar Panel Costs in Joshua
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few key factors that determine your overall cost in Joshua: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. For that reason, it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.The brand and type of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That’s why many Joshua homeowners decide to finance their solar panel systems to offset upfront costs.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar installer you hire to handle your switch to green energy can play a part in your total costs. There are about 3 solar installation companies operating throughout Joshua, and each can charge different amounts for labor and equipment.Larger national companies typically have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra 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 | $3.46 | $14,545 | $10,597 | 14.5 years |
| 8 kW | $3.40 | $19,021 | $14,502 | 14.2 years |
| 10 kW | $3.33 | $23,310 | $18,594 | 13.9 years |
| 12 kW | $3.26 | $27,413 | $22,872 | 13.6 years |
| 14 kW | $3.20 | $31,329 | $27,337 | 13.4 years |
| 16 kW | $3.13 | $35,058 | $31,988 | 13.1 years |
| 18 kW | $3.06 | $38,601 | $36,826 | 12.8 years |
| 20 kW | $3.00 | $41,958 | $41,850 | 12.5 years |
How to Save on Solar Panels
Since the model of solar panels and the installer you choose greatly impacts your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some things 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 be sure to take a look at their list of offerings before making your decision.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Before you sign a contract with a solar company, make sure to read it through completely so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what the warranty covers and what services you can expect from them.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Joshua, TX Solar Cost FAQs
What is the average cost of installing solar panels in Joshua?
The average cost of solar panels in Joshua is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the real cost will depend on things like the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider other than cost when buying solar panels?
The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Is it worth going solar in Joshua?
Solar panels can be a beneficial investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already pretty low, solar panels might not be for you.
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 needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.