Solar Panel Cost Guide in Lake Jackson, TX (2024 Update)
- Lake Jackson Solar Installation Cost: $17,014
- 25-Year Savings: $23,882
- Payback Period: 11.3 Years
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Average Cost of Solar Panels in Lake Jackson
See how much it might cost to install solar panels in Lake Jackson.
In Lake Jackson, solar panels cost about 3 per watt on average.To account for the typical energy usage of the average home in Lake Jackson, most homeowners require a 7.3-kilowatt system. Using the per-watt figure above, a solar installation costs about $17,014, or $24,330 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of installing solar panels can vary quite a bit depending on several factors, such as what size system you need, your energy consumption and what company you go with.With typical savings of about $20,000 on power bills over 20 years, many homeowners in Lake Jackson find going solar can be quite rewarding.
You can click the button below to get connected with a top solar company in Lake Jackson for a quote for your home.
Solar savings over time in Lake Jackson
| Year | Return on Investment |
|---|---|
| 1 years | $-15,552 |
| 3 years | $-12,629 |
| 5 years | $-9,706 |
| 7 years | $-6,783 |
| 9 years | $-3,860 |
| 11 years | $-937 |
| 13 years | $1,986 |
| 15 years | $4,909 |
| 17 years | $7,832 |
| 19 years | $10,755 |
| 21 years | $13,678 |
| 23 years | $16,601 |
| 25 years | $19,524 |
Top Solar Installers in Lake Jackson
Many homeowners choose to use a solar panel company since trying to put up solar panels by yourself can be challenging. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long term because of their warranties, repair services and expert design.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some in Lake Jackson:
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 Lake Jackson
Factors that Affect Solar Panel Costs in Lake Jackson
There are several factors that can determine your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The size of the solar energy system you need to offset your energy usage, 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 around $3,330. There are several different solar panel brands and the one you choose also affects the cost. In many cases, the brands that have better efficiency tend to also be more expensive. Plus, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Lake Jackson offer solar loans, which reduce the initial cost of installing solar.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The remaining significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of green energy solutions in Lake Jackson, you’ll have lots of options to choose from, but each comes at varying price points for labor and equipment.Larger national companies typically have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric car 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 | $3.46 | $14,545 | $16,384 | 11.8 years |
| 8 kW | $3.40 | $19,021 | $22,219 | 11.5 years |
| 10 kW | $3.33 | $23,310 | $28,240 | 11.3 years |
| 12 kW | $3.26 | $27,413 | $34,447 | 11.1 years |
| 14 kW | $3.20 | $31,329 | $40,841 | 10.9 years |
| 16 kW | $3.13 | $35,058 | $47,421 | 10.6 years |
| 18 kW | $3.06 | $38,601 | $54,188 | 10.4 years |
| 20 kW | $3.00 | $41,958 | $61,142 | 10.2 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years most likely offer high-quality solar panel installation and expertise.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should acquire and what the project timeline is.
- Warranty: If you’re worried about the longevity of your solar system, making sure your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: Before signing a contract with a solar installer, make sure you look it over carefully 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.
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 Lake Jackson, TX Solar Cost FAQs
How much does it cost to install solar panels in Lake Jackson?
The average cost of solar panels in Lake Jackson is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the actual cost will depend on things such as the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will having solar panels impact my home value?
Solar panels can increase the value of your home remarkably 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% after installing a solar system."
How long do solar panels last in Lake Jackson?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level 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.