Solar Panel Cost Guide in Lucas, TX (2024 Update)

  • Lucas Solar Installation Cost: $18,028
  • 25-Year Savings: $23,258
  • Payback Period: 11.9 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Lucas

Let’s have a look at the average cost of solar in Lucas.

The national average cost of solar panels is $2.66 per watt, but in Lucas it’s 3 per watt.To cover the typical energy needs of the average home in Lucas, most homeowners require a 7.7-kilowatt system. Using the figure above, a solar installation costs about $18,028, or $25,780 before the federal solar tax credit of 0 is applied.

Keep in mind that the figures above are only estimates based on the average Lucas homeowner. 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.With average savings of about $19,000 on power bills over 20 years, many homeowners in Lucas find investing in solar has a decent ROI.

For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.

Solar savings over time in Lucas

Year Return on Investment
1 years $-16,723
3 years $-14,113
5 years $-11,502
7 years $-8,892
9 years $-6,282
11 years $-3,672
13 years $-1,062
15 years $1,549
17 years $4,159
19 years $6,769
21 years $9,379
23 years $11,990
25 years $14,600

Top Solar Installers in Lucas

Trying to install solar panels on your own can be a difficult project, which is why hiring a solar installer is a good option for many homeowners. Solar warranties and repairs are typically included in the cost of installation when you sign a contract with a solar contractor too, which can save you more money after your initial investment.

There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Lucas

Factors that Affect Solar Panel Costs in Lucas

Even though the average cost of a solar system in Lucas is $18,028, your actual cost may be higher or lower than that. There are several factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to consider.

Solar Equipment

One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to spend around $3,330 per kilowatt in Lucas.The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your power bills. In addition, extra products, like solar batteries, can bring your total well above the Lucas average.

Solar Financing Terms

Solar panels can save you money on utility bills over time, but they can also be a significant investment. That’s why many Lucas homeowners decide to finance their solar panel systems to make paying for solar more affordable.Even though solar loans make adopting solar energy more accessible for Lucas 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 put down 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 will play a role in your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor.Larger national companies usually 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 additional 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 $14,796 12.4 years
8 kW $3.40 $19,021 $20,101 12.2 years
10 kW $3.33 $23,310 $25,592 11.9 years
12 kW $3.26 $27,413 $31,270 11.7 years
14 kW $3.20 $31,329 $37,135 11.4 years
16 kW $3.13 $35,058 $43,185 11.2 years
18 kW $3.06 $38,601 $49,423 11.0 years
20 kW $3.00 $41,958 $55,847 10.7 years

How to Save on Solar Panels

Since the brand of solar panels and the installer you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:

  • Installation Process: When making the switch to solar power, it’s necessary to keep an open line of communication with your solar company. Make sure you understand how the installation process will go and the completion timeline.
  • Solar Panel Brands: Different companies have various brands and models of panels. If you prefer a specific brand, make sure the solar panel company you’re considering has it.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can look into your installer’s reputation is by reading reviews.
  • Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Lucas, TX Solar Cost FAQs

What is the average cost of installing solar panels in Lucas?

The average cost of solar panels in Lucas 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 certain factors such as the type of solar panels you want, what size system you need and how much energy you consume.

Is cost the most important thing to consider when buying solar panels?

Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

Can solar panels significantly reduce my power bills?

Solar panels can potentially eliminate your electricity bills depending on where you’re located and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $978.05 per year.

How long do solar panels last in Lucas?

Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide to replace them after having them for that long or you can continue to use them at a lower efficiency.

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.

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