Solar Panel Cost Guide in Keene, TX (Mar 2023)
- Keene Solar Installation Cost: $14,311
- 25-Year Savings: $18,593
- Payback Period: 10.9 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Keene
We break down average solar pricing in Keene.
The average cost of a solar system in Keene is 2.69 per watt. Using this figure, a typical 7.6-kW system would cost about $14,311 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy use, the type of equipment you want, your solar contractor and more. Many homeowners find installing solar panels is a solid investment. The average homeowner in Keene can save about $16,000 on their electricity bills over 20 years.
Click the button below to get connected to a reputable solar panel company in Keene for a customized estimate.
Solar savings over time in Keene
| Year | Return on Investment |
|---|---|
| 1 years | $-12,995 |
| 3 years | $-10,362 |
| 5 years | $-7,730 |
| 7 years | $-5,098 |
| 9 years | $-2,466 |
| 11 years | $167 |
| 13 years | $2,799 |
| 15 years | $5,431 |
| 17 years | $8,064 |
| 19 years | $10,696 |
| 21 years | $13,328 |
| 23 years | $15,960 |
| 25 years | $18,593 |
Top Solar Installers in Keene
When going solar, many homeowners prefer to use a solar installer since putting up solar panels yourself can be a difficult project. Companies can also have access to a large variety of the best solar panels and help you decide which one will be best for you.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some near you:
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 Keene
Factors that Affect Solar Panel Costs in Keene
Though the average cost of a solar system in Keene is $14,311, your final cost may differ. There are many factors that can have a major impact on the cost of a solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it's a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Keene, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels out of pocket is too expensive, solar loans are a popular route because they cut back your upfront costs and let you pay for your system over five to seven years on average. However, the interest on solar loans also increases your all-in costs, so it's vital to take that into consideration as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you choose to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar panel companies operating in Keene, and each can charge different amounts for labor and equipment. Larger national companies usually have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle 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 | $2.80 | $11,750 | $14,235 | 11.3 years |
| 8 kW | $2.74 | $15,365 | $19,281 | 11.1 years |
| 10 kW | $2.69 | $18,830 | $24,478 | 10.9 years |
| 12 kW | $2.64 | $22,144 | $29,825 | 10.7 years |
| 14 kW | $2.58 | $25,308 | $35,323 | 10.4 years |
| 16 kW | $2.53 | $28,320 | $40,972 | 10.2 years |
| 18 kW | $2.47 | $31,182 | $46,771 | 10.0 years |
| 20 kW | $2.42 | $33,894 | $52,721 | 9.8 years |
How to Save on Solar Panels
The solar company you opt for will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should keep in mind, such as:
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Different companies carry various brands and types of panels. If you prefer a specific brand, make sure the solar panel installer you're considering has it.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. Two 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 good reviews from past customers.
- Contract: When looking through your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
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 Keene, TX Solar Cost FAQs
How much does it cost to install solar panels in Keene?
The average cost of solar panels in Keene 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 things like the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Keene?
You can't get solar panels for free in Keene. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Keene?
Solar panels can be a great investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already reasonably low, solar panels might not be for you.
How long do solar panels last in Keene?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger 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.