Solar Panel Cost Guide in Mesquite, TX (Mar 2023)
- Mesquite Solar Installation Cost: $14,499
- 25-Year Savings: $20,389
- Payback Period: 10.4 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Mesquite
Let's have a look at the average cost of solar panels in Mesquite.
The national average cost of solar panels is $2.66 per watt, but in Mesquite it's 2.69 per watt. The average solar panel system size in Mesquite is around 7.7 kilowatts, meaning a cost of about $14,499 for a solar installation, or $20,734 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar may look quite different based on your household energy needs, the type of equipment you choose, your solar contractor and more. Even with the large initial cost, the average Mesquite homeowner can save around $17,000 on their energy bills over 20 years, which is one of the positives of solar.
Click the button below to get connected to a highly rated solar installer in your area for a customized estimate.
Solar savings over time in Mesquite
| Year | Return on Investment |
|---|---|
| 1 years | $-13,104 |
| 3 years | $-10,313 |
| 5 years | $-7,522 |
| 7 years | $-4,731 |
| 9 years | $-1,940 |
| 11 years | $852 |
| 13 years | $3,643 |
| 15 years | $6,434 |
| 17 years | $9,225 |
| 19 years | $12,016 |
| 21 years | $14,807 |
| 23 years | $17,598 |
| 25 years | $20,389 |
Top Solar Installers in Mesquite
Installing solar panels on your own can be a dangerous undertaking, which is why using a solar installer is a good option for many homeowners. Solar warranties and repairs are ordinarily included in the cost of installation when you opt for a solar contractor too, which can save you more money after your upfront investment.
If you'd like to start using solar energy but still aren't sure which solar system company to go with, here are our suggestions for providers near you:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Mesquite
Factors that Affect Solar Panel Costs in Mesquite
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few major factors that determine your overall cost in Mesquite: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
The size of the solar system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,690. The kind of solar panels and equipment you choose is another factor that will greatly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Further, solar equipment goes beyond just the solar panels themselves. You'll also need to make decisions 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 researching a solar system that's in 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 Mesquite homeowners choose to finance their solar panel systems to make paying for solar more affordable. It's wise to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
The solar panel installer you pick will affect your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor. The size of the company can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to more 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 down 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 | $2.80 | $11,750 | $15,452 | 10.8 years |
| 8 kW | $2.74 | $15,365 | $20,904 | 10.6 years |
| 10 kW | $2.69 | $18,830 | $26,506 | 10.4 years |
| 12 kW | $2.64 | $22,144 | $32,259 | 10.2 years |
| 14 kW | $2.58 | $25,308 | $38,163 | 10.0 years |
| 16 kW | $2.53 | $28,320 | $44,218 | 9.8 years |
| 18 kW | $2.47 | $31,182 | $50,423 | 9.6 years |
| 20 kW | $2.42 | $33,894 | $56,779 | 9.3 years |
How to Save on Solar Panels
Since the type of solar panels and the company you choose considerably affects your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: An all-inclusive, long-term warranty can help keep your solar panels running for years to come and save you money on repairs and maintenance.
- Contract: Although reading through a contract can take a lot of time, it's important to do it carefully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. While there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to ask for their list of options before making your decision.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Mesquite, TX Solar Cost FAQs
What is the average cost of installing solar panels in Mesquite?
The average cost of solar panels in Mesquite is about $13,450 for a 5-kW system and $26,900 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Mesquite?
A solar panel system isn't free in Mesquite, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Does Mesquite have a net metering program?
Most states have net metering programs of some kind. Through these, you can be compensated for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
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 requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.