Solar Panel Cost Guide in Marble Falls, TX (2024 Update)
- Marble Falls Solar Installation Cost: $17,393
- 25-Year Savings: $22,824
- Payback Period: 11.8 Years
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Average Cost of Solar Panels in Marble Falls
We go over average solar pricing in Marble Falls.
The national average cost of solar panels is $2.66 per watt, but in Marble Falls it’s 3 per watt.The average solar panel system size in Marble Falls is around 7.5 kilowatts, meaning a cost of about $17,393 for a solar installation, or $24,872 before the 0 federal solar tax credit is applied.
The true price you pay can go higher or lower than the average in Marble Falls based on several factors, such as the type of solar panels you choose and the solar company you hire.For most homeowners, the upfront investment in solar power is worth paying. On average you could be looking at about $19,000 in savings on utility bills over 20 years.
You can click the button below to get connected with a vetted solar company in Marble Falls for a quote for your home.
Solar savings over time in Marble Falls
Year | Return on Investment |
---|---|
1 years | $-15,945 |
3 years | $-13,048 |
5 years | $-10,151 |
7 years | $-7,253 |
9 years | $-4,356 |
11 years | $-1,459 |
13 years | $1,438 |
15 years | $4,335 |
17 years | $7,232 |
19 years | $10,129 |
21 years | $13,026 |
23 years | $15,924 |
25 years | $18,821 |
Top Solar Installers in Marble Falls
Many homeowners decide to use a solar panel company since figuring out how to install solar panels on your own can be a lot of work. Some solar installers, particularly local ones, can help you take advantage of incentives in Marble Falls, therefore optimizing your ROI.
Working with a licensed solar installer can help your solar project go smoothly. 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
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 Marble Falls
Factors that Affect Solar Panel Costs in Marble Falls
Although the average cost of a solar system in Marble Falls is $17,393, your actual cost may differ. There are many factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy 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 about $3,330 per kilowatt in Marble Falls.The brand of solar panels and equipment you choose is another factor that will considerably affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. Plus, solar equipment is 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 looking into a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are offered by most installers in Marble Falls, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible.When figuring out your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Marble Falls is the company you choose to install your solar system. As with choosing a company to install new cabinets, for instance, there’s no shortage of solar installers that offer a range of services at different costs.The company’s size sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have 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 promotion can bring their pricing lower to compete with bigger names.
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 | $15,105 | 12.3 years |
8 kW | $3.40 | $19,021 | $20,513 | 12.0 years |
10 kW | $3.33 | $23,310 | $26,107 | 11.8 years |
12 kW | $3.26 | $27,413 | $31,888 | 11.6 years |
14 kW | $3.20 | $31,329 | $37,856 | 11.3 years |
16 kW | $3.13 | $35,058 | $44,010 | 11.1 years |
18 kW | $3.06 | $38,601 | $50,350 | 10.8 years |
20 kW | $3.00 | $41,958 | $56,877 | 10.6 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be difficult, we have some tips to help you, such as:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can look into your installer’s reputation is by reading reviews.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you choose.
- Installation Process: Make sure you’re aligned with the company with regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as updating or replacing your electrical system or roof.
- Warranty: If you’re worried about the longevity of your solar panel system, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
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 Marble Falls, TX Solar Cost FAQs
How much does it cost to install solar panels in Marble Falls?
This is a difficult question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $16,650 for a 5-kW system and $33,300 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Marble Falls?
You can’t get solar panels for free in Marble Falls. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Can solar panels completely eradicate my energy bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Marble Falls, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you need to know how much energy your home uses 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 home 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.