Solar Panel Cost Guide in Kerrville, TX (Mar 2023)
- Kerrville Solar Installation Cost: $14,028
- 25-Year Savings: $20,982
- Payback Period: 10.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Kerrville
Find out what the average cost of solar panels are in Kerrville.
The average cost of solar panels in Kerrville is 2.69 per watt. The average solar panel system size in Kerrville is around 7.5 kilowatts, meaning a cost of about $14,028 for a solar installation, or $20,060 before the 30% federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Kerrville homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. Despite the high upfront cost, the average Kerrville homeowner can save around $18,000 on their power bills over 20 years, which is one of the positives of solar.
For a personalized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Kerrville
| Year | Return on Investment |
|---|---|
| 1 years | $-12,628 |
| 3 years | $-9,827 |
| 5 years | $-7,026 |
| 7 years | $-4,225 |
| 9 years | $-1,424 |
| 11 years | $1,376 |
| 13 years | $4,177 |
| 15 years | $6,978 |
| 17 years | $9,779 |
| 19 years | $12,580 |
| 21 years | $15,381 |
| 23 years | $18,182 |
| 25 years | $20,982 |
Top Solar Installers in Kerrville
Many homeowners opt for a solar installation company since figuring out how to install solar panels by yourself can be hard. Also, companies with a good reputation that cost more upfront could actually save you money in the long term due to their warranties, repair services and expert design.
If you're on the hunt for a solar company in Kerrville, we've 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 (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 Kerrville
Factors that Affect Solar Panel Costs in Kerrville
Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that determine your overall cost in Kerrville: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar energy system in Kerrville, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can figure out by looking at past energy bills. Your total cost can increase by about $2,690 for each additional kilowatt you need. There are a lot of different solar panel brands and the one you pick also affects the cost. Generally, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you're looking to get can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That's why many Kerrville homeowners opt to finance their solar panel systems to make paying for solar more affordable. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you're only able to 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 getting a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Kerrville is the company you hire to install your PV system. As with choosing a company to install new cabinets, for instance, there's no shortage of solar installers that provide a range of services at different price points. You may come across national solar installers that have lower prices due to their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $16,454 | 10.4 years |
| 8 kW | $2.74 | $15,365 | $22,239 | 10.2 years |
| 10 kW | $2.69 | $18,830 | $28,176 | 10.0 years |
| 12 kW | $2.64 | $22,144 | $34,263 | 9.8 years |
| 14 kW | $2.58 | $25,308 | $40,500 | 9.6 years |
| 16 kW | $2.53 | $28,320 | $46,889 | 9.4 years |
| 18 kW | $2.47 | $31,182 | $53,428 | 9.2 years |
| 20 kW | $2.42 | $33,894 | $60,117 | 9.0 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Your solar installer should have a good reputation as a company and have proven 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 positive reviews from previous customers.
- Contract: Before you sign a contract with a solar company, make sure you read it through fully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Solar Panel Brands: The kind of solar panel you want to install plays a part in which installer you should go with, since different companies have different panels.
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 Kerrville, TX Solar Cost FAQs
What is the average cost of installing solar panels in Kerrville?
The average cost of solar panels in Kerrville 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 certain factors like the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Kerrville?
A solar panel system isn't free in Kerrville, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Can solar panels significantly reduce my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $940.11 per year.
How long do solar panels last in Kerrville?
On average, solar panels can last 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 amount 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.