Solar Panel Cost Guide in La Joya, TX (2023 Update)
- La Joya Solar Installation Cost: $13,388
- 25-Year Savings: $23,800
- Payback Period: 9.0 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in La Joya
We break down average solar pricing in La Joya.
In La Joya, solar panels cost about 2.69 per watt on average. Since a 7.1-kW system is needed to cover the energy needs of a typical home in La Joya, the average price of going solar will be about $13,388 after claiming the federal solar tax credit of 30%.
Bear in mind that the figures above are only estimates based on the average La Joya homeowner. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. Despite the significant upfront cost, the average La Joya homeowner can save around $21,000 on their power bills over 20 years, which is one of the perks of solar.
To receive a free estimate from a highly rated solar installer in La Joya, you can click the button below.
Solar savings over time in La Joya
| Year | Return on Investment |
|---|---|
| 1 years | $-11,901 |
| 3 years | $-8,926 |
| 5 years | $-5,951 |
| 7 years | $-2,976 |
| 9 years | $-1 |
| 11 years | $2,974 |
| 13 years | $5,950 |
| 15 years | $8,925 |
| 17 years | $11,900 |
| 19 years | $14,875 |
| 21 years | $17,850 |
| 23 years | $20,825 |
| 25 years | $23,800 |
Top Solar Installers in La Joya
When making the switch to solar, many homeowners choose to go with a solar installer since handling can be a challenging project. Solar companies offer key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
If you'd like to go solar but still aren't sure which solar company to go with, here are our suggestions for providers nearby:
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 Joya
Factors that Affect Solar Panel Costs in La Joya
Even though the average cost of a solar system in La Joya is $13,388, your actual cost may differ. There are several factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. That's why it's important to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive 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 will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That's why many La Joya homeowners choose to finance their solar panel systems to make going solar more affordable. When estimating your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panel system can affect how much it costs. La Joya's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies typically have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional 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 | $19,634 | 9.4 years |
| 8 kW | $2.74 | $15,365 | $26,479 | 9.2 years |
| 10 kW | $2.69 | $18,830 | $33,476 | 9.0 years |
| 12 kW | $2.64 | $22,144 | $40,623 | 8.8 years |
| 14 kW | $2.58 | $25,308 | $47,921 | 8.6 years |
| 16 kW | $2.53 | $28,320 | $55,369 | 8.5 years |
| 18 kW | $2.47 | $31,182 | $62,968 | 8.3 years |
| 20 kW | $2.42 | $33,894 | $70,718 | 8.1 years |
How to Save on Solar Panels
The solar company you opt for will be a major factor in determining 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:
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panels running for a long time and save you money on part replacement and repairs.
- 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 part breaking or the company going out of business.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you hire.
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 Joya, TX Solar Cost FAQs
How much does it cost to install solar panels in La Joya?
This is a tough question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $13,450 for a 5-kW system and $26,900 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have above-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Is cost the most important consideration when buying solar panels?
The initial cost is a very important factor to consider, but whether it's the most important for you depends on your reasons for going solar. In cities 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.
Do solar panels increase your home value?
Solar panels can increase your home value significantly as long as you buy or finance your panels and don't opt for 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."
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to replace them after having them for that long or you can continue to use them at a lower efficiency.
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.