Solar Panel Cost Guide in Manvel, TX (2024 Update)
- Manvel Solar Installation Cost: $17,014
- 25-Year Savings: $23,444
- Payback Period: 11.4 Years
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Average Cost of Solar Panels in Manvel
We go over average solar pricing in Manvel.
The average cost of a solar system in Manvel is 3 per watt.To account for the typical energy needs of the average home in Manvel, most homeowners require a 7.3-kilowatt system. Using the figure above, a solar installation costs about $17,014, or $24,330 before the federal solar tax credit of 0 is applied.
Keep in mind that the figures above are only estimates based on the average Manvel homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.But, once you've paid the upfront cost of installation, the ROI for most homeowners is usually rewarding, with a net average savings of about $20,000 over 20 years on power bills.
You can click the button below to get connected with a pre-vetted solar company in Manvel for a quote for your home.
Solar savings over time in Manvel
| Year | Return on Investment |
|---|---|
| 1 years | $-15,593 |
| 3 years | $-12,750 |
| 5 years | $-9,908 |
| 7 years | $-7,066 |
| 9 years | $-4,224 |
| 11 years | $-1,382 |
| 13 years | $1,460 |
| 15 years | $4,302 |
| 17 years | $7,145 |
| 19 years | $9,987 |
| 21 years | $12,829 |
| 23 years | $15,671 |
| 25 years | $18,513 |
Top Solar Installers in Manvel
Many homeowners opt for a solar panel installer since installing solar panels by yourself can be time-consuming. In addition, if you’d like to maximize your investment in solar energy, going with a solar installer can help with that too. Different providers can offer warranties, expertise on solar panel installation and sometimes even information on local incentives.
If you're searching for a solar installer in Manvel, we've organized a list of our top suggestions here:
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Manvel
Factors that Affect Solar Panel Costs in Manvel
The cost of installing a solar system in Manvel can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The size of the solar system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,330. The brand of solar panels and equipment you want is another factor that will substantially impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That’s why many Manvel homeowners decide to finance their solar panel systems to make paying for solar more affordable.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Manvel is the company you choose to install your solar system. As with choosing a company to renovate your kitchen, for instance, you’ll have many options for solar installers that offer a range of services at different costs.Some companies only sell high-efficiency and high-priced 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 find a company that offers the products, warranties and services you’re looking for 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 | $16,024 | 11.9 years |
| 8 kW | $3.40 | $19,021 | $21,739 | 11.7 years |
| 10 kW | $3.33 | $23,310 | $27,640 | 11.4 years |
| 12 kW | $3.26 | $27,413 | $33,727 | 11.2 years |
| 14 kW | $3.20 | $31,329 | $40,001 | 11.0 years |
| 16 kW | $3.13 | $35,058 | $46,461 | 10.8 years |
| 18 kW | $3.06 | $38,601 | $53,108 | 10.5 years |
| 20 kW | $3.00 | $41,958 | $59,942 | 10.3 years |
How to Save on Solar Panels
There are numerous companies available in Manvel, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can verify your installer’s reputation is by reading reviews.
- Contract: Read the contract terms closely to make sure you understand the total cost, project completion timeline rebates and warranties.
- Solar Panel Brands: The type of solar panel you’d like plays a part in which company you should choose, since different companies have access to different panels.
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Manvel, TX Solar Cost FAQs
What is the average cost of installing solar panels in Manvel?
The average cost of solar panels in Manvel 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 things like the model of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Manvel?
The majority of states have net metering programs of some kind. Through these, you can get paid for the extra power your system generates or or receive credits to put toward future energy 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?
The exact number of solar panels you need depends on your household energy needs 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 install 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.