Solar Panel Cost Guide in Kenedy, TX (Feb 2023)
- Kenedy Solar Installation Cost: $13,991
- 25-Year Savings: $21,969
- Payback Period: 9.7 Years
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Updated January 20, 2023
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Average Cost of Solar Panels in Kenedy
We go over average solar pricing in Kenedy.
In Kenedy, solar panels cost about $3 per watt on average. Since a 7.4-kW system is needed to cover the energy consumption of a typical home in Kenedy, the average price of going solar will be about $13,991 before claiming the federal solar tax credit of 30%.
How much you pay can go above or below the average in Kenedy depending on several factors, such as the type of solar panels you choose and the solar installer you hire. Many homeowners find installing a solar system is a solid investment. The average homeowner in Kenedy can save about $18,000 on their electricity bills over 20 years.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Kenedy
| Year | Return on Investment |
|---|---|
| 1 years | $-12,552 |
| 3 years | $-9,676 |
| 5 years | $-6,799 |
| 7 years | $-3,922 |
| 9 years | $-1,045 |
| 11 years | $1,831 |
| 13 years | $4,708 |
| 15 years | $7,585 |
| 17 years | $10,462 |
| 19 years | $13,339 |
| 21 years | $16,215 |
| 23 years | $19,092 |
| 25 years | $21,969 |
Top Solar Installers in Kenedy
Many homeowners opt for a solar installer since figuring out how to install solar panels by yourself can be time-consuming. The expertise that solar companies provide can be invaluable as well, particularly if you don't quite know what kind of solar equipment would be right for your home.
If you'd like to switch to solar energy but still aren't certain which solar panel company to go with, here are our recommendations for providers 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 Kenedy
Factors that Affect Solar Panel Costs in Kenedy
The cost of installing a solar system in Kenedy can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use. The type of solar panels and equipment you get is another factor that will significantly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more pricey. Further, solar equipment goes beyond just the solar panels themselves. You'll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Kenedy to be too expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area provides financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in higher prices over time because of interest. When considering your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar installer you select will play a role in your total cost to make the switch to solar . Different companies will bill different amounts for the equipment and labor. Additionally, some companies in Kenedy are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. 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 | $2.80 | $11,750 | $17,275 | 10.1 years |
| 8 kW | $2.74 | $15,365 | $23,335 | 9.9 years |
| 10 kW | $2.69 | $18,830 | $29,546 | 9.7 years |
| 12 kW | $2.64 | $22,144 | $35,907 | 9.5 years |
| 14 kW | $2.58 | $25,308 | $42,418 | 9.3 years |
| 16 kW | $2.53 | $28,320 | $49,081 | 9.1 years |
| 18 kW | $2.47 | $31,182 | $55,894 | 9.0 years |
| 20 kW | $2.42 | $33,894 | $62,857 | 8.8 years |
How to Save on Solar Panels
The solar company you go with will influence not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should consider, such as:
- Solar Panel Brands: Different companies will have different brands and models of panels. If you know you want a specific brand, make sure the solar panel installer you're considering has it.
- Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the best you can get in the business, and offering that kind of warranty is one sign of a good company.
- Contract: It's important to look over your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
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 Kenedy, TX Solar Cost FAQs
What is the average cost of installing solar panels in Kenedy?
The average cost of solar panels in Kenedy is about $13,450 for a 5-kW system and $26,900 for a 10-kW system before the ITC, but the real cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Kenedy?
Leasing solar panels can be an attractive choice, because 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 tax rebates and credits and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.
Is it worth going solar in Kenedy?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
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.