Solar Panel Cost Guide in Liberty, TX (2024 Update)
- Liberty Solar Installation Cost: $17,942
- 25-Year Savings: $21,613
- Payback Period: 12.4 Years
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Average Cost of Solar Panels in Liberty
Find out what the average cost of a solar system is in Liberty.
In Liberty, solar panels cost about 3 per watt on average.The average solar panel system size in Liberty is around 7.7 kilowatts, meaning a cost of about $17,942 for a solar installation, or $25,657 before the 0 federal solar tax credit is applied.
These figures are just estimates, and how much solar costs for you will vary based on your specific situation and what company you choose to go with.Even with the significant upfront cost, the average Liberty homeowner can save about $18,000 on their energy bills over 20 years, which is one of the positives of solar.
To receive a free estimate from a vetted solar installation company in Liberty, you can click the button below.
Solar savings over time in Liberty
| Year | Return on Investment |
|---|---|
| 1 years | $-16,643 |
| 3 years | $-14,046 |
| 5 years | $-11,449 |
| 7 years | $-8,852 |
| 9 years | $-6,255 |
| 11 years | $-3,658 |
| 13 years | $-1,061 |
| 15 years | $1,537 |
| 17 years | $4,134 |
| 19 years | $6,731 |
| 21 years | $9,328 |
| 23 years | $11,925 |
| 25 years | $14,522 |
Top Solar Installers in Liberty
Many homeowners opt for a solar installation company since figuring out how to install solar panels by yourself can be challenging. Plus, warranties and repairs from your solar panel company can protect your investment and bring down the cost of maintenance over the lifespan of your panels.
If you’d like to make the switch to solar but still aren’t certain which solar panel installer to go with, here are our recommendations for providers nearby:
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 Liberty
Factors that Affect Solar Panel Costs in Liberty
Even though the average cost of a solar system in Liberty is $17,942, your final cost may differ. There are several factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. For that reason, it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your power bills. In addition, add-on products, such as solar batteries, can bring your total well above the Liberty average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are provided by most installers in Liberty, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The solar installer you choose to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Liberty, and each can charge varying amounts for labor and equipment.Larger national companies typically have lower costs, but some local companies compete 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 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 | $3.46 | $14,545 | $13,600 | 12.9 years |
| 8 kW | $3.40 | $19,021 | $18,507 | 12.7 years |
| 10 kW | $3.33 | $23,310 | $23,600 | 12.4 years |
| 12 kW | $3.26 | $27,413 | $28,879 | 12.2 years |
| 14 kW | $3.20 | $31,329 | $34,345 | 11.9 years |
| 16 kW | $3.13 | $35,058 | $39,997 | 11.7 years |
| 18 kW | $3.06 | $38,601 | $45,836 | 11.4 years |
| 20 kW | $3.00 | $41,958 | $51,861 | 11.2 years |
How to Save on Solar Panels
There are many 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:
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one sign of a quality company.
- Reputation: Your solar installer should have a solid reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you choose.
- Contract: It’s important to read your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
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 Liberty, TX Solar Cost FAQs
What is the average cost of installing solar panels in Liberty?
The average cost of solar panels in Liberty 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 like the kind of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Liberty?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Can solar panels completely eradicate my electricity bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Liberty, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Liberty?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down 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.