Solar Panel Cost Guide in Marble Falls, TX (2023 Update)
- Marble Falls Solar Installation Cost: $14,051
- 25-Year Savings: $22,824
- Payback Period: 9.5 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated September 15, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Marble Falls
Find out what the average cost of solar panels are in Marble Falls.
Although the national average of solar panels is $2.66 per watt, solar panels in Marble Falls generally cost around 2.69. The average Marble Falls homeowner needs a 7.5-kilowatt system, which would cost about $14,047 with the federal tax credit, or $20,087 before the 30% tax credit is applied.
These figures are just estimates, and the cost of going solar for you may vary based on the amount of energy your home requires and what company you go with. Many homeowners find going solar is a rewarding investment. The average homeowner in Marble Falls can save around $19,000 on their energy bills over 20 years.
To get a free estimate from a highly rated solar installer in Marble Falls, you can click the button below.
Solar savings over time in Marble Falls
| Year | Return on Investment |
|---|---|
| 1 years | $-13,928 |
| 3 years | $-13,682 |
| 5 years | $-13,436 |
| 7 years | $-13,190 |
| 9 years | $-12,944 |
| 11 years | $-12,698 |
| 13 years | $-12,453 |
| 15 years | $-12,207 |
| 17 years | $-11,961 |
| 19 years | $-11,715 |
| 21 years | $-11,469 |
| 23 years | $-11,223 |
| 25 years | $-10,978 |
Top Solar Installers in Marble Falls
Many homeowners decide to hire a solar panel company since trying to install solar panels by yourself can be time-consuming. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long run because of their warranties, repair services and expert design.
Working with a licensed solar company can help you make the most of your investment in solar. 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 Marble Falls
Factors that Affect Solar Panel Costs in Marble Falls
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few major factors that will push your cost above or below the average in Marble Falls: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. That's why it's important to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. There are many different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that have better efficiency tend to also be more expensive. Plus, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be much 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 challenging. Solar loans are available from most installers in Marble Falls, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar company you select will influence your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and find a company that has the products, warranties and services you want and also is within 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 | $2.80 | $11,750 | $17,901 | 9.9 years |
| 8 kW | $2.74 | $15,365 | $24,169 | 9.7 years |
| 10 kW | $2.69 | $18,830 | $30,587 | 9.5 years |
| 12 kW | $2.64 | $22,144 | $37,157 | 9.3 years |
| 14 kW | $2.58 | $25,308 | $43,877 | 9.1 years |
| 16 kW | $2.53 | $28,320 | $50,748 | 9.0 years |
| 18 kW | $2.47 | $31,182 | $57,769 | 8.8 years |
| 20 kW | $2.42 | $33,894 | $64,941 | 8.6 years |
How to Save on Solar Panels
The solar company you choose will affect not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should take into account, such as:
- Contract: When reading through your solar company's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you hire.
- 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 most likely has a solid reputation and is qualified to do the job well. Another way you can research your installer's reputation is by reading reviews.
- Installation Process: When going solar, it's essential to keep an open line of communication with your solar panel installer. See to it that you understand how the installation process will go and the completion timeline.
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 Marble Falls, TX Solar Cost FAQs
How much does it cost to install solar panels in Marble Falls?
The average cost of solar panels in Marble Falls 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 certain factors such as the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider apart from cost when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Marble Falls?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and how much direct sunlight your roof gets.
How long do solar panels last in Marble Falls?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose 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.