Solar Panel Cost Guide in Kaufman, TX (2024 Update)
- Kaufman Solar Installation Cost: $17,945
- 25-Year Savings: $22,692
- Payback Period: 12.1 Years
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Average Cost of Solar Panels in Kaufman
We go over average solar pricing in Kaufman.
The average cost of a solar panel system in Kaufman is 3 per watt.The average solar panel system size in Kaufman is around 7.7 kilowatts, meaning a cost of about $17,945 for a solar installation, or $25,661 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy needs, the type of solar system you want, your solar contractor and more.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Kaufman can save about $19,000 on their energy bills over 20 years.
Click the button below to get connected to a reputable solar company in your area for a personalized estimate.
Solar savings over time in Kaufman
| Year | Return on Investment |
|---|---|
| 1 years | $-16,524 |
| 3 years | $-13,682 |
| 5 years | $-10,840 |
| 7 years | $-7,997 |
| 9 years | $-5,155 |
| 11 years | $-2,313 |
| 13 years | $529 |
| 15 years | $3,371 |
| 17 years | $6,213 |
| 19 years | $9,055 |
| 21 years | $11,898 |
| 23 years | $14,740 |
| 25 years | $17,582 |
Top Solar Installers in Kaufman
When making the switch to solar, many homeowners choose to use a solar installation company since installing solar panels yourself can be a challenging project. Plus, if you’re unsure what kind of solar panels and equipment you need, a solar expert can help you figure that out after a site survey and consultation.
If you're on the hunt for a solar installer in Kaufman, we've organized 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 Kaufman
Factors that Affect Solar Panel Costs in Kaufman
While the average cost of a solar system in Kaufman is $17,945, your actual cost may be above or below the average. There are many factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more important things to consider.
Solar Equipment
The size of the solar system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,330. The brand and kind of equipment you get 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 limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are available from most installers in Kaufman, which can lower, or in some cases eliminate, your upfront costs to make solar more accessible.When estimating your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar installer you go with to handle your switch to green energy can play a role in your total costs. There are about 3 solar installation companies operating throughout Kaufman, and each can charge varying amounts for labor and equipment.The size of the company sometimes plays the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger companies.
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 | $14,438 | 12.5 years |
| 8 kW | $3.40 | $19,021 | $19,623 | 12.3 years |
| 10 kW | $3.33 | $23,310 | $24,996 | 12.1 years |
| 12 kW | $3.26 | $27,413 | $30,554 | 11.8 years |
| 14 kW | $3.20 | $31,329 | $36,299 | 11.6 years |
| 16 kW | $3.13 | $35,058 | $42,231 | 11.3 years |
| 18 kW | $3.06 | $38,601 | $48,349 | 11.1 years |
| 20 kW | $3.00 | $41,958 | $54,653 | 10.9 years |
How to Save on Solar Panels
The solar panel company you opt for will be a major factor in determining not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, including:
- Solar Panel Brands: Different companies will carry various brands and kinds of panels. If you prefer a specific brand, make sure the solar panel company you’re considering has it.
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Warranty: Many companies offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
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 Kaufman, TX Solar Cost FAQs
How much does it cost to install solar panels in Kaufman?
The average cost of solar panels in Kaufman 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 stuff such as the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
The initial cost is a key factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Does Kaufman have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future energy bills.
How many solar panels should I get to power 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 usually produce about 250 to 400 watt-hours per hour, the average household 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.