Solar Panel Cost Guide in Manvel, TX (Nov 2022)

  • Manvel Solar Installation Cost: $13,746
  • 25-Year Savings: $23,442
  • Payback Period: 9.2 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Manvel

Here's how much it might cost to switch to solar power in Manvel.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Manvel, the typical cost of a solar system is $3 per watt. The average solar panel system size in Manvel is around 7.3 kilowatts, meaning a cost of about $13,746 for a solar installation, or $10,172 after the 30% federal solar tax credit is applied.

The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of making the switch to solar can vary based on multiple factors, such as what size system you need, your energy usage and what solar installer you go with. But, after you've paid the initial cost of installation, the savings for most homeowners is typically rewarding, with a net average savings of about $20,000 over 20 years on power bills.

To receive a free estimate from a top solar company in Manvel, you can click the button below.

Solar savings over time in Manvel

Year Return on Investment
1 years $-12,258
3 years $-9,283
5 years $-6,308
7 years $-3,333
9 years $-358
11 years $2,617
13 years $5,592
15 years $8,567
17 years $11,542
19 years $14,517
21 years $17,492
23 years $20,467
25 years $23,442

Top Solar Installers in Manvel

Although it's possible to install solar panels by yourself, it requires extra effort and expertise. That's why the majority of homeowners choose to hire a solar panel installer. Plus, if you're unsure what type of solar panels and equipment you want, a solar company can help you figure that out after a site survey and consultation.

Working with a licensed solar installer can help you make the most of your investment in solar. Here are our recommendations:

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 (coming 2022)

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 Manvel

Factors that Affect Solar Panel Costs in Manvel

There are several criteria that can influence your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.

Solar Equipment

One of the most significant 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 power your household consumes, the larger your system will likely need to be. You can expect to pay around $2,690 per kilowatt in Manvel. The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.

Solar Financing Terms

Solar panels can save you money on power bills over many years, but they can also be a big investment. That's why many Manvel homeowners choose to finance their solar panel systems to make going solar more affordable. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.

Solar Panel Installation Company

The solar panel installer you select will impact your total cost to make the switch to solar energy. Different companies will charge different amounts for the equipment and labor. The size of the company sometimes plays the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater resources and better 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 promotion 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 $18,820 9.6 years
8 kW $2.74 $15,365 $25,395 9.4 years
10 kW $2.69 $18,830 $32,120 9.2 years
12 kW $2.64 $22,144 $38,996 9.1 years
14 kW $2.58 $25,308 $46,022 8.9 years
16 kW $2.53 $28,320 $53,199 8.7 years
18 kW $2.47 $31,182 $60,527 8.5 years
20 kW $2.42 $33,894 $68,006 8.3 years

How to Save on Solar Panels

There are a lot of companies available in Manvel, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:

  • Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years likely offer high-quality solar panel installation and expertise.
  • Contract: Even though reading through a contract can be tedious, it's important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
  • Solar Panel Brands: The type of solar panel you'd like plays a part in which installer you should opt for, since different companies offer different panels.
  • Warranty: Warranties that cover replacement parts and repairs over around 25 years are the gold standard in the business, and offering that kind of warranty is one sign of a good company.

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 (coming 2022)

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 Manvel, TX Solar Cost FAQs

How much does it cost to install solar panels in Manvel?

This is a difficult question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $13,450 for a 5-kW system and $26,900 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or more efficient panels, or if you have above-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.

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

Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.

Do solar panels increase your home value?

Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Manvel is currently $221,580, which means you can look forward to a value of about $9,085 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Manvel is a fruitful investment.

How long do solar panels last in Manvel?

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 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.

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