Solar Panel Cost Guide in Lamesa, TX (2024 Update)
- Lamesa Solar Installation Cost: $16,273
- 25-Year Savings: $24,325
- Payback Period: 10.9 Years
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Average Cost of Solar Panels in Lamesa
We go over average solar pricing in Lamesa.
In Lamesa, solar panels cost about 3 per watt on average.Using this figure, a typical 7.0-kW system would cost about $16,273 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy use, the type of solar panels you choose, your solar contractor and more.Despite the large initial cost, the average Lamesa homeowner can save around $20,000 on their power bills over 20 years, which is one of the benefits of solar.
You can click the button below to get connected with a top solar company in Lamesa that can help you get a more accurate cost estimate for your home.
Solar savings over time in Lamesa
| Year | Return on Investment |
|---|---|
| 1 years | $-14,957 |
| 3 years | $-12,324 |
| 5 years | $-9,692 |
| 7 years | $-7,059 |
| 9 years | $-4,427 |
| 11 years | $-1,795 |
| 13 years | $838 |
| 15 years | $3,470 |
| 17 years | $6,103 |
| 19 years | $8,735 |
| 21 years | $11,367 |
| 23 years | $14,000 |
| 25 years | $16,632 |
Top Solar Installers in Lamesa
Although it's possible to install solar panels on your own, it involves extra time and expertise. That's one of the reasons most homeowners choose to hire a solar panel installer. Plus, if you’re unsure what type of solar panels and equipment you need, a solar company can help you figure that out after a site survey and consultation.
If you’d like to make the switch to solar but still aren’t certain which solar panel company to go with, here are our suggestions for providers in Lamesa:
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 Lamesa
Factors that Affect Solar Panel Costs in Lamesa
The cost of installing a solar system in Lamesa can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,330.The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a 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 greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar installers in Lamesa have solar loans, which reduce your upfront costs of installing solar panels.While solar loans make adopting solar energy more accessible for Lamesa homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installer you choose to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar installation companies in Lamesa, and each can charge varying 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 at a higher cost. It’s best to do some research and choose a company that offers 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 | $3.46 | $14,545 | $17,659 | 11.3 years |
| 8 kW | $3.40 | $19,021 | $23,918 | 11.1 years |
| 10 kW | $3.33 | $23,310 | $30,364 | 10.9 years |
| 12 kW | $3.26 | $27,413 | $36,996 | 10.6 years |
| 14 kW | $3.20 | $31,329 | $43,815 | 10.4 years |
| 16 kW | $3.13 | $35,058 | $50,820 | 10.2 years |
| 18 kW | $3.06 | $38,601 | $58,012 | 10.0 years |
| 20 kW | $3.00 | $41,958 | $65,390 | 9.8 years |
How to Save on Solar Panels
The solar panel company you go with will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should consider, such as:
- Installation Process: Make sure you’re on the same page with the company with regard to how the installation process will go and what you need to do before your solar system is installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Although there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you peruse their list of options before making your decision.
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: It’s important to look over your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about your solar system’s 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 Lamesa, TX Solar Cost FAQs
How much does it cost to install solar panels in Lamesa?
This is a difficult question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $16,650 for a 5-kW system and $33,300 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or more efficient panels, or if you have above-average energy usage. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Lamesa?
Solar panels aren’t free in Lamesa, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Does Lamesa have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future electricity bills.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires 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.