Solar Panel Cost Guide in Llano, TX (2023 Update)
- Llano Solar Installation Cost: $17,198
- 25-Year Savings: $23,097
- Payback Period: 11.6 Years
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Updated October 25, 2023
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Average Cost of Solar Panels in Llano
Find out what the average cost of installing solar panels is in Llano.
The national average cost of solar panels is $2.66 per watt, but in Llano it's 2.69 per watt.The average Llano homeowner needs a 7.4-kilowatt system, which would cost about $13,897 with the federal tax credit, or $19,873 before the 30% tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Llano 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.For many homeowners, the upfront investment in solar panels is worth paying. On average homeowners in Llano see about $19,000 in savings on energy bills over 20 years.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Llano
| Year | Return on Investment |
|---|---|
| 1 years | $-15,733 |
| 3 years | $-12,804 |
| 5 years | $-9,875 |
| 7 years | $-6,946 |
| 9 years | $-4,017 |
| 11 years | $-1,088 |
| 13 years | $1,841 |
| 15 years | $4,770 |
| 17 years | $7,699 |
| 19 years | $10,628 |
| 21 years | $13,557 |
| 23 years | $16,486 |
| 25 years | $19,415 |
Top Solar Installers in Llano
When switching to solar energy, many homeowners prefer to use a solar installer since putting up solar panels yourself can be a time-consuming project. Another advantage of using a solar company is that they can help you make the most of your investment by cutting back on future costs of repairs and replacements due to warranties and giving you information on local incentives you can take advantage of.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Llano
Factors that Affect Solar Panel Costs in Llano
The cost of installing a solar system in Llano can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The size of the solar energy system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,690. The model of solar panels and equipment you choose is another factor that will substantially affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. Further, solar equipment consists of more than just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that's in your budget.
Solar Financing Terms
Most solar companies in Llano offer solar loans, which reduce your upfront costs of installing solar.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 can only 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 APR could reduce your costs remarkably.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Llano is the company you get to install your solar panel system. As with choosing a company to install new cabinets, for example, there are plenty of solar installers that provide a range of services at different costs.Some companies only sell high-quality, high-efficiency and high-price products — 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 decide on the company that offers the products, warranties and services you want and also fit into 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 | $15,536 | 12.1 years |
| 8 kW | $3.40 | $19,021 | $21,088 | 11.9 years |
| 10 kW | $3.33 | $23,310 | $26,826 | 11.6 years |
| 12 kW | $3.26 | $27,413 | $32,751 | 11.4 years |
| 14 kW | $3.20 | $31,329 | $38,862 | 11.2 years |
| 16 kW | $3.13 | $35,058 | $45,159 | 10.9 years |
| 18 kW | $3.06 | $38,601 | $51,643 | 10.7 years |
| 20 kW | $3.00 | $41,958 | $58,314 | 10.5 years |
How to Save on Solar Panels
Since the type of solar panels and the company you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: If you care about the endurance of your solar system, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
- Contract: Look through the contract terms thoroughly to make sure you understand the cost breakdown, completion timeline incentives and warranties.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
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 Llano, TX Solar Cost FAQs
What is the average cost of installing solar panels in Llano?
The average cost of solar panels in Llano is about $13,450 for a 5-kW system and $26,900 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Llano?
Leasing solar panels can be an attractive choice, as 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 incentives and your home value won't increase. Buying solar panels is a better option if you want to maximize your savings.
Does Llano have a net metering program?
Most states have net metering programs of some kind. Through these, you can receive compensation for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs 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 household 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.