Solar Panel Cost Guide in Marlin, TX (2024 Update)
- Marlin Solar Installation Cost: $17,707
- 25-Year Savings: $17,068
- Payback Period: 14.1 Years
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Average Cost of Solar Panels in Marlin
We break down average solar pricing in Marlin.
The average cost of solar panels in Marlin is 3 per watt.Using this figure, a typical 7.6-kW system would cost about $17,707 before the 0 federal solar tax credit is applied.
The actual price you pay can be above or below the average in Marlin based on a variety of factors, such as the type of solar panels you choose and the solar company you hire.Even with the large initial cost, the average Marlin homeowner can save about $16,000 on their energy bills over 20 years, which is one of the advantages of solar.
You can click the button below to get connected with a vetted solar company in Marlin that can help you get a more accurate cost estimate for your home.
Solar savings over time in Marlin
| Year | Return on Investment |
|---|---|
| 1 years | $-16,525 |
| 3 years | $-14,163 |
| 5 years | $-11,801 |
| 7 years | $-9,439 |
| 9 years | $-7,077 |
| 11 years | $-4,714 |
| 13 years | $-2,352 |
| 15 years | $10 |
| 17 years | $2,372 |
| 19 years | $4,735 |
| 21 years | $7,097 |
| 23 years | $9,459 |
| 25 years | $11,821 |
Top Solar Installers in Marlin
Many homeowners opt for a solar installer since trying to put up solar panels by yourself can be time-consuming. Plus, warranties and repairs from your solar panel company can protect your investment and bring down the cost of maintenance over the lifespan of your panels.
Working with a professional solar company can make going solar easier. Here are our recommendations:
Best National Provider
SunPower
- 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
- 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 Marlin
Factors that Affect Solar Panel Costs in Marlin
There are several criteria that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The size of the solar energy system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,330. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Marlin, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are provided by most installers in Marlin, which can lower, or in some cases eliminate, your upfront costs to make solar more affordable.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you can only 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 securing a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar company you choose will impact your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.Companies that only sell high-efficiency and high-priced products — 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 offers the products, warranties and services you’re looking for and also fits 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 | $3.46 | $14,545 | $10,234 | 14.7 years |
| 8 kW | $3.40 | $19,021 | $14,018 | 14.4 years |
| 10 kW | $3.33 | $23,310 | $17,989 | 14.1 years |
| 12 kW | $3.26 | $27,413 | $22,146 | 13.8 years |
| 14 kW | $3.20 | $31,329 | $26,490 | 13.5 years |
| 16 kW | $3.13 | $35,058 | $31,020 | 13.3 years |
| 18 kW | $3.06 | $38,601 | $35,736 | 13.0 years |
| 20 kW | $3.00 | $41,958 | $40,639 | 12.7 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- Installation Process: Make sure you’re aligned with the installer with regard to how the installation process will go and what you need to do before your solar system is installed, such as repairing your electrical system or roof.
- Solar Panel Brands: Different companies will offer different brands and kinds of panels. If you know you want a specific brand, make sure the solar company you’re considering has it.
- Contract: Though reading through a contract can take a lot of time, it’s important to do it fully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years in most cases provide good-quality solar panel installation and expertise.
Best National Provider
SunPower
- 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
- 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 Marlin, TX Solar Cost FAQs
How much does it cost to install solar panels in Marlin?
This is a difficult question to answer precisely, 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 extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Marlin?
You can’t get solar panels for free in Marlin. However, you may still be able to afford 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.
Does Marlin have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future energy bills.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out 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.