Solar Panel Cost Guide in Lake Jackson, TX (2023 Update)
- Lake Jackson Solar Installation Cost: $13,744
- 25-Year Savings: $23,882
- Payback Period: 9.1 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated September 15, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Lake Jackson
Find out what the average cost of solar panel installation is in Lake Jackson.
The national average cost of solar panels is $2.66 per watt, but in Lake Jackson it's 2.69 per watt. To cover the typical energy needs of the average home in Lake Jackson, most homeowners require a 7.3-kilowatt system. Using the figure above, a solar installation costs about $13,746, or $19,657 before the federal solar tax credit of 30% is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Lake Jackson 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. With average savings of about $20,000 on utility bills over 20 years, many homeowners in Lake Jackson find investing in solar has a decent ROI.
You can click the button below to get connected with a pre-vetted solar installer in Lake Jackson for a quote for your home.
Solar savings over time in Lake Jackson
| Year | Return on Investment |
|---|---|
| 1 years | $-13,618 |
| 3 years | $-13,368 |
| 5 years | $-13,117 |
| 7 years | $-12,866 |
| 9 years | $-12,615 |
| 11 years | $-12,364 |
| 13 years | $-12,113 |
| 15 years | $-11,862 |
| 17 years | $-11,612 |
| 19 years | $-11,361 |
| 21 years | $-11,110 |
| 23 years | $-10,859 |
| 25 years | $-10,608 |
Top Solar Installers in Lake Jackson
When going solar, many homeowners opt to go with a solar company since installing solar panels yourself can be a difficult project. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long run because of their warranties, repair services and expert design.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some 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 Lake Jackson
Factors that Affect Solar Panel Costs in Lake Jackson
The cost of installing a solar system in Lake Jackson can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power generation need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,690. The kind of solar panels and equipment you want is another factor that will largely affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Moreover, solar equipment consists of more than just the solar panels themselves. You'll also need to think 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 looking for a solar system that's in your budget.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That's why many Lake Jackson homeowners decide to finance their solar panel systems to make paying for solar more affordable. When estimating your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you go with to handle your switch to renewable energy can play a role in your total costs. There are about 3 solar installation companies in Lake Jackson, and each can charge different amounts for labor and equipment. Some companies only sell products with high efficiency and therefore a higher price point — 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 choose a company that has the products, warranties and services you're looking for and also is within 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 | $2.80 | $11,750 | $19,180 | 9.5 years |
| 8 kW | $2.74 | $15,365 | $25,875 | 9.3 years |
| 10 kW | $2.69 | $18,830 | $32,720 | 9.1 years |
| 12 kW | $2.64 | $22,144 | $39,716 | 8.9 years |
| 14 kW | $2.58 | $25,308 | $46,862 | 8.8 years |
| 16 kW | $2.53 | $28,320 | $54,159 | 8.6 years |
| 18 kW | $2.47 | $31,182 | $61,607 | 8.4 years |
| 20 kW | $2.42 | $33,894 | $69,206 | 8.2 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Contract: Read the contract terms carefully to make sure you understand the total cost, project timeline incentives and warranties.
- Warranty: If you're worried about the endurance of your solar energy system, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: The model of solar panel you want to install plays a part in which installer you should go with, since different companies provide different panels.
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 Lake Jackson, TX Solar Cost FAQs
How much does it cost to install solar panels in Lake Jackson?
This is a tough question to answer precisely, because the cost depends on a few different 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 additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration 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 cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Is it worth going solar in Lake Jackson?
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 energy bills are already fairly low, solar panels might not be for you.
How often do you have to replace solar panels?
Though 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 replace them once you've had them for that long or you can keep using 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.