Solar Panel Cost Guide in Luling, TX (2023 Update)
- Luling Solar Installation Cost: $14,176
- 25-Year Savings: $23,561
- Payback Period: 9.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Luling
See how much it might cost to go solar in Luling.
While the national average of solar panels is $2.66 per watt, solar panels in Luling typically cost about 2.69. Using this figure, a typical 7.5-kW system would cost about $14,179 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The true cost of installing solar panels can vary quite a bit based on a few factors, such as how many panels you need, your energy usage and what company you go with. With average savings of about $19,000 on energy bills over 20 years, many homeowners in Luling find investing in solar has a decent ROI.
To receive a free estimate from a top solar installation company in Luling, you can click the button below.
Solar savings over time in Luling
| Year | Return on Investment |
|---|---|
| 1 years | $-12,804 |
| 3 years | $-10,059 |
| 5 years | $-7,314 |
| 7 years | $-4,569 |
| 9 years | $-1,825 |
| 11 years | $920 |
| 13 years | $3,665 |
| 15 years | $6,410 |
| 17 years | $9,155 |
| 19 years | $11,899 |
| 21 years | $14,644 |
| 23 years | $17,389 |
| 25 years | $20,134 |
Top Solar Installers in Luling
Trying to put up solar panels on your own can be a challenging task, which is why hiring a solar installation company is a good option for many homeowners. Some solar companies, particularly local ones, can help you take advantage of incentives in Luling, thereby optimizing your ROI.
Working with a vetted 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 Luling
Factors that Affect Solar Panel Costs in Luling
Cost is typically one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that will push your cost above or below the average in Luling: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
The size of the solar energy system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,690. There are many different solar panel brands and the one you pick also changes the cost. In many cases, the brands that have better efficiency tend to also be more expensive. Plus, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are offered by most installers in Luling, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also increases your overall costs, so it's vital to include that in your estimate as well. You can always bring down the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The solar panel installer you choose will play a role in your total cost to go solar. Different companies will bill different amounts for the equipment and labor. The size of the company can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger companies.
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 | $18,326 | 9.8 years |
| 8 kW | $2.74 | $15,365 | $24,735 | 9.6 years |
| 10 kW | $2.69 | $18,830 | $31,296 | 9.4 years |
| 12 kW | $2.64 | $22,144 | $38,007 | 9.2 years |
| 14 kW | $2.58 | $25,308 | $44,869 | 9.0 years |
| 16 kW | $2.53 | $28,320 | $51,881 | 8.8 years |
| 18 kW | $2.47 | $31,182 | $59,044 | 8.6 years |
| 20 kW | $2.42 | $33,894 | $66,358 | 8.5 years |
How to Save on Solar Panels
Since the kind of solar panels and the installation company you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years most likely provide quality solar panel installation and expertise.
- 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.
- Solar Panel Brands: The brand of solar panel you need plays a part in which installer you should opt for, since different companies offer different panels.
- Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
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 Luling, TX Solar Cost FAQs
How much does it cost to install solar panels in Luling?
The average cost of solar panels in Luling 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 stuff like the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Luling?
Solar panels aren't free in Luling, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Do solar panels increase the value of your home?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Luling is currently $157,900, which means you can expect a value of about $6,474 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Luling is a fruitful investment.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can choose to replace them once you've had 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.