Solar Panel Cost Guide in Liberty Hill, TX (2023 Update)
- Liberty Hill Solar Installation Cost: $14,176
- 25-Year Savings: $21,558
- Payback Period: 9.9 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 Liberty Hill
We go over average solar pricing in Liberty Hill.
The national average cost of solar panels is $2.66 per watt, but in Liberty Hill it's 2.69 per watt. The average solar panel system size in Liberty Hill is around 7.5 kilowatts, meaning a cost of about $14,179 for a solar installation, or $20,276 before the 30% federal solar tax credit is applied.
These figures are just estimates, and the cost of going solar for you will differ based on factors unique to your home and what company you want to go with. For most homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $18,000 in savings on utility bills over 20 years.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Liberty Hill
| Year | Return on Investment |
|---|---|
| 1 years | $-14,057 |
| 3 years | $-13,819 |
| 5 years | $-13,580 |
| 7 years | $-13,342 |
| 9 years | $-13,104 |
| 11 years | $-12,866 |
| 13 years | $-12,628 |
| 15 years | $-12,389 |
| 17 years | $-12,151 |
| 19 years | $-11,913 |
| 21 years | $-11,675 |
| 23 years | $-11,436 |
| 25 years | $-11,198 |
Top Solar Installers in Liberty Hill
Many homeowners choose to use a solar installer since trying to put up solar panels on your own can be challenging. Another perk of working with a solar company is that they can help you maximize your ROI by reducing your future costs of repairs and replacements due to warranties and informing you of local incentives you can take advantage of.
Working with a professional solar installer can make going solar easier. Here are our recommendations:
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 Hill
Factors that Affect Solar Panel Costs in Liberty Hill
Though the average cost of a solar system in Liberty Hill is $14,179, 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
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That's why it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. There are a lot of different solar panel brands and the one you pick also changes the cost. In general, the brands that are more efficient tend to also cost more. Additionally, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are an affordable route because they lower your upfront costs and allow you to pay for your system over five to seven years on average. When figuring out your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The last key cost factor you should keep in mind is the installer you choose. Given the massive popularity of green energy solutions in Liberty Hill, you'll have a great number of options to choose from, but each comes at various price points for labor and equipment. The company's size sometimes plays the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
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 | $16,729 | 10.3 years |
| 8 kW | $2.74 | $15,365 | $22,607 | 10.1 years |
| 10 kW | $2.69 | $18,830 | $28,635 | 9.9 years |
| 12 kW | $2.64 | $22,144 | $34,814 | 9.7 years |
| 14 kW | $2.58 | $25,308 | $41,143 | 9.5 years |
| 16 kW | $2.53 | $28,320 | $47,623 | 9.3 years |
| 18 kW | $2.47 | $31,182 | $54,254 | 9.1 years |
| 20 kW | $2.42 | $33,894 | $61,036 | 8.9 years |
How to Save on Solar Panels
The solar company you choose will influence not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, such as:
- Warranty: A comprehensive, long-term warranty can help keep your solar system running for a long time and save you money on part replacement and repairs.
- Contract: Read the contract terms carefully to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
- Solar Panel Brands: Different companies will carry various brands and types of panels. If you prefer a specific brand, make sure the solar panel installer you're considering has it.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years likely provide quality solar panel installation and expertise.
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 Hill, TX Solar Cost FAQs
What is the average cost of installing solar panels in Liberty Hill?
The average cost of solar panels in Liberty Hill is about $13,450 for a 5-kW system and $26,900 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Liberty Hill?
Leasing solar panels can be an attractive choice, because it commonly comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better option if you want to maximize your savings.
Does Liberty Hill have a net metering program?
Each state has some form 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 give you credit toward your future power bills.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.