Solar Panel Cost Guide in Mont Belvieu, TX (2023 Update)
- Mont Belvieu Solar Installation Cost: $14,217
- 25-Year Savings: $21,103
- Payback Period: 10.1 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Mont Belvieu
We go over average solar pricing in Mont Belvieu.
The national average cost of solar panels is $2.66 per watt, but in Mont Belvieu it's 2.69 per watt. To account for the typical energy needs of the average home in Mont Belvieu, most homeowners require a 7.5-kilowatt system. Using the figure above, a solar installation costs around $14,217, or $20,330 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The actual cost of making the switch to solar can vary depending on several factors, such as how many panels you need, your energy usage and what solar installer you go with. But, after you've paid the initial cost of installation, the ROI for most homeowners is typically rewarding, with a net average savings of about $18,000 over 20 years on energy bills.
Click the button below to get connected to a highly rated solar company in your area for a custom quote.
Solar savings over time in Mont Belvieu
| Year | Return on Investment |
|---|---|
| 1 years | $-12,804 |
| 3 years | $-9,978 |
| 5 years | $-7,153 |
| 7 years | $-4,327 |
| 9 years | $-1,502 |
| 11 years | $1,324 |
| 13 years | $4,149 |
| 15 years | $6,975 |
| 17 years | $9,801 |
| 19 years | $12,626 |
| 21 years | $15,452 |
| 23 years | $18,277 |
| 25 years | $21,103 |
Top Solar Installers in Mont Belvieu
Many homeowners opt for a solar installation company since trying to install solar panels yourself can be challenging. Companies can also provide access to quality options of the best solar panels and help you choose which one will be best for your home.
There are various licensed solar professionals that can help you install your solar panels. Here are our suggestions:
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 Mont Belvieu
Factors that Affect Solar Panel Costs in Mont Belvieu
There are a number of factors that can play into your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
The size of the solar energy system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,690. The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is difficult, solar loans are a solid option because they cut back your upfront costs and let you pay for your system over five to seven years on average. 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 getting a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Mont Belvieu is the company you choose to install your solar panel system. Similar to choosing a company to renovate your kitchen, for instance, you'll have no shortage of solar installers that offer a range of services at different price points. The size of the company sometimes plays the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to more resources and better 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 | $16,321 | 10.5 years |
| 8 kW | $2.74 | $15,365 | $22,063 | 10.3 years |
| 10 kW | $2.69 | $18,830 | $27,955 | 10.1 years |
| 12 kW | $2.64 | $22,144 | $33,998 | 9.9 years |
| 14 kW | $2.58 | $25,308 | $40,192 | 9.7 years |
| 16 kW | $2.53 | $28,320 | $46,536 | 9.5 years |
| 18 kW | $2.47 | $31,182 | $53,031 | 9.3 years |
| 20 kW | $2.42 | $33,894 | $59,676 | 9.1 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Different companies offer various brands and types of panels. If you want a specific brand, make sure the solar panel installer you're considering has it.
- Reputation: Companies that have been in business for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Warranty: Warranties that provide coverage for replacement parts and repairs over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one mark of a good company.
- Contract: Before you sign a contract with a solar installer, make sure you look it over completely so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
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 Mont Belvieu, TX Solar Cost FAQs
What is the average cost of installing solar panels in Mont Belvieu?
This is a tough question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $13,450 for a 5-kW system and $26,900 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 above-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Mont Belvieu?
You can't get solar panels for free in Mont Belvieu. 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.
How will having solar panels impact the value of my home?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How long do solar panels last in Mont Belvieu?
Even though 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 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 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.