Solar Panel Cost Guide in Mission Bend, TX (Mar 2023)
- Mission Bend Solar Installation Cost: $14,367
- 25-Year Savings: $22,820
- Payback Period: 9.7 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Mission Bend
Let's have a look at the average cost of solar panels in Mission Bend.
In Mission Bend, solar panels cost about 2.69 per watt on average. The average Mission Bend homeowner needs a 7.6-kilowatt system, which would cost about $14,367 with the federal tax credit, or $20,545 before the 30% tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of making the switch to solar can vary quite a bit depending on multiple factors, such as how many panels you need, your energy usage and what solar installer you go with. For many homeowners, the upfront cost of solar panels is worth paying. On average you could be looking at about $20,000 in savings on utility bills over 20 years.
To calculate your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Mission Bend
| Year | Return on Investment |
|---|---|
| 1 years | $-12,880 |
| 3 years | $-9,905 |
| 5 years | $-6,930 |
| 7 years | $-3,955 |
| 9 years | $-980 |
| 11 years | $1,995 |
| 13 years | $4,970 |
| 15 years | $7,945 |
| 17 years | $10,920 |
| 19 years | $13,895 |
| 21 years | $16,870 |
| 23 years | $19,845 |
| 25 years | $22,820 |
Top Solar Installers in Mission Bend
Many homeowners choose to use a solar panel installer since installing solar panels yourself can be a labor-intensive endeavor. A solar installer can also help save you money over the lifespan of your system by offering warranties, repairs and component replacements.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some in Mission Bend:
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 Mission Bend
Factors that Affect Solar Panel Costs in Mission Bend
There are several factors that can influence your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,690. There are many different solar panel brands and the one you pick also changes the cost. In general, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Mission Bend provide solar loans, which reduce your upfront costs of installing solar panels. While solar loans make switching to solar energy more accessible for Mission Bend homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Mission Bend is the company you hire to install your solar system. As with choosing a company to build a deck or pool, for instance, there are plenty of solar installers that provide a range of services for different budgets. Companies that 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 come with an above-average cost. It's best to do some research and choose a company that provides the products, warranties and services you want 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 | $2.80 | $11,750 | $17,501 | 10.0 years |
| 8 kW | $2.74 | $15,365 | $23,635 | 9.8 years |
| 10 kW | $2.69 | $18,830 | $29,921 | 9.7 years |
| 12 kW | $2.64 | $22,144 | $36,357 | 9.5 years |
| 14 kW | $2.58 | $25,308 | $42,944 | 9.3 years |
| 16 kW | $2.53 | $28,320 | $49,681 | 9.1 years |
| 18 kW | $2.47 | $31,182 | $56,569 | 8.9 years |
| 20 kW | $2.42 | $33,894 | $63,608 | 8.7 years |
How to Save on Solar Panels
The company that does your system 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 a challenge, we have some tips to help you, such as:
- Contract: Even though 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 the terms of the warranty.
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running for a long time and save you money on repairs and maintenance.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
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 Mission Bend, TX Solar Cost FAQs
What is the average cost of installing solar panels in Mission Bend?
The average cost of solar panels in Mission Bend 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 like the model of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Mission Bend?
Solar panels aren't free in Mission Bend, 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.
How much can I save on power bills after switching to solar?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Mission Bend, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Mission Bend?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can replace them after having them for that long or you can keep using 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.