Solar Panel Cost Guide in La Feria, TX (2024 Update)
- La Feria Solar Installation Cost: $16,449
- 25-Year Savings: $23,900
- Payback Period: 11.1 Years
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Average Cost of Solar Panels in La Feria
We break down average solar pricing in La Feria.
Currently, the national average cost of solar panels is $2.66 per watt. However, in La Feria, the average cost of a solar system is 3 per watt.Using this figure, a typical 7.1-kW system would cost about $16,449 before the 0 federal solar tax credit is applied.
These figures are just averages, and your own solar costs may differ based on the amount of energy your home requires and what company you go with.Even with the significant initial cost, the average La Feria homeowner can save about $21,000 on their electricity bills over 20 years, which is one of the perks of solar.
To get a free estimate from a vetted solar installation company in La Feria, you can click the button below.
Solar savings over time in La Feria
| Year | Return on Investment |
|---|---|
| 1 years | $-15,028 |
| 3 years | $-12,186 |
| 5 years | $-9,343 |
| 7 years | $-6,501 |
| 9 years | $-3,659 |
| 11 years | $-817 |
| 13 years | $2,025 |
| 15 years | $4,867 |
| 17 years | $7,710 |
| 19 years | $10,552 |
| 21 years | $13,394 |
| 23 years | $16,236 |
| 25 years | $19,078 |
Top Solar Installers in La Feria
When switching to solar energy, many homeowners choose to hire a solar installation company since handling can be a time-consuming project. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and component replacements.
There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
See all of the solar companies in La Feria
Factors that Affect Solar Panel Costs in La Feria
The cost of installing a solar system in La Feria can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,330. There are several different solar panel brands and the one you choose also changes the cost. In general, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you want to install 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
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are offered by most installers in La Feria, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible.Although solar loans make going solar more accessible for La Feria homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The final major cost factor you should consider is the installer you choose. Given the massive popularity of renewable energy solutions in La Feria, you’ll have many options to choose from, but each comes at different price points for labor and equipment.Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and go with the company that offers the products, warranties and services you’re looking for and also fit into your budget.
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 | $17,074 | 11.5 years |
| 8 kW | $3.40 | $19,021 | $23,139 | 11.3 years |
| 10 kW | $3.33 | $23,310 | $29,390 | 11.1 years |
| 12 kW | $3.26 | $27,413 | $35,827 | 10.8 years |
| 14 kW | $3.20 | $31,329 | $42,451 | 10.6 years |
| 16 kW | $3.13 | $35,058 | $49,261 | 10.4 years |
| 18 kW | $3.06 | $38,601 | $56,258 | 10.2 years |
| 20 kW | $3.00 | $41,958 | $63,441 | 10.0 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a tough decision, we have some tips to help you, such as:
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running smoothly and save you money on repairs and maintenance.
- Solar Panel Brands: Not all solar companies 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.
- Contract: When reading 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 part breaking or if the company goes out of business.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
EcoWatch's La Feria, TX Solar Cost FAQs
How much does it cost to install solar panels in La Feria?
This is a difficult question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $16,650 for a 5-kW system and $33,300 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
What other factors should I consider in addition to cost when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it’s the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
How will having solar panels impact the value of my home?
Solar panels can increase your property’s value considerably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
What solar power system size is right for my home?
To figure out how many solar panels 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 house 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.