Solar Panel Cost Guide in Justin, TX (2024 Update)
- Justin Solar Installation Cost: $17,850
- 25-Year Savings: $18,652
- Payback Period: 13.5 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Justin
Let’s have a look at the average cost of solar panels in Justin.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Justin, the typical cost of solar panels is 3 per watt.The average solar panel system size in Justin is around 7.7 kilowatts, meaning a cost of about $17,850 for a solar installation, or $25,526 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy consumption, the type of solar system you choose, your solar contractor and more.With typical savings of about $16,000 on electricity bills over 20 years, many homeowners in Justin find installing solar panels has a decent ROI.
You can click the button below to get connected with a vetted solar company in Justin that can help you get a more accurate cost estimate for your home.
Solar savings over time in Justin
| Year | Return on Investment |
|---|---|
| 1 years | $-16,564 |
| 3 years | $-13,991 |
| 5 years | $-11,418 |
| 7 years | $-8,845 |
| 9 years | $-6,272 |
| 11 years | $-3,698 |
| 13 years | $-1,125 |
| 15 years | $1,448 |
| 17 years | $4,021 |
| 19 years | $6,594 |
| 21 years | $9,167 |
| 23 years | $11,740 |
| 25 years | $14,313 |
Top Solar Installers in Justin
When switching to solar energy, many homeowners choose to hire a solar installer since DIY solar panel installation can be a time-consuming project. Another benefit of using a solar company is that they can help you optimize your investment by cutting back on future costs of repairs and replacements due to warranties and helping you learn about local incentives you can take advantage of.
If you're searching for a solar installer in Justin, the EcoWatch team has compiled a list of our top suggestions here:
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Justin
Factors that Affect Solar Panel Costs in Justin
Even though the average cost of a solar system in Justin is $17,850, your final cost may differ. There are many factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. Because of that, it’s crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose 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, higher efficiency could save you more over time on your electric bills. In addition, extra products, such as solar batteries, can bring your total well above the Justin average.
Solar Financing Terms
Most solar companies in Justin have solar loans, which reduce the initial cost of installing solar panels.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
The solar installer you hire to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout Justin, and each can charge different amounts for labor and equipment.Additionally, some companies in Justin are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $11,366 | 14.0 years |
| 8 kW | $3.40 | $19,021 | $15,528 | 13.8 years |
| 10 kW | $3.33 | $23,310 | $19,876 | 13.5 years |
| 12 kW | $3.26 | $27,413 | $24,411 | 13.2 years |
| 14 kW | $3.20 | $31,329 | $29,132 | 13.0 years |
| 16 kW | $3.13 | $35,058 | $34,040 | 12.7 years |
| 18 kW | $3.06 | $38,601 | $39,134 | 12.4 years |
| 20 kW | $3.00 | $41,958 | $44,415 | 12.1 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose has an impact on your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project timeline.
- Contract: When reading through your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
- Reputation: Long-standing companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you hire.
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Justin, TX Solar Cost FAQs
How much does it cost to install solar panels in Justin?
The average cost of solar panels in Justin is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the actual cost will depend on things 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 Justin?
Leasing solar panels can be an attractive choice, as it commonly 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 way to go if you want to maximize your savings.
How will having solar panels impact my home value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Justin is currently $371,636, which means you could be looking at a value of about $15,237 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Justin is a worthwhile investment.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.