Solar Panel Cost Guide in Mount Pleasant, TX (Mar 2023)
- Mount Pleasant Solar Installation Cost: $14,819
- 25-Year Savings: $23,737
- Payback Period: 9.6 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Mount Pleasant
Here's how much it might cost to install solar panels in Mount Pleasant.
The national average cost of solar panels is $2.66 per watt, but in Mount Pleasant it's 2.69 per watt. Because a 7.9-kW system is needed to cover the energy costs of a typical home in Mount Pleasant, the average price of going solar will be about $14,819 after claiming the federal solar tax credit of 30%.
These figures are only estimates, and the cost of going solar for you will most likely differ based on your specific situation and what company you want to go with. For many homeowners, the upfront investment in solar power is worth paying. On average Mount Pleasant homeowners see about $19,000 in savings on utility bills over 20 years.
You can click the button below to get connected with a top solar company in Mount Pleasant that can help you get a more accurate cost estimate for your home.
Solar savings over time in Mount Pleasant
| Year | Return on Investment |
|---|---|
| 1 years | $-13,277 |
| 3 years | $-10,192 |
| 5 years | $-7,108 |
| 7 years | $-4,023 |
| 9 years | $-939 |
| 11 years | $2,146 |
| 13 years | $5,230 |
| 15 years | $8,315 |
| 17 years | $11,399 |
| 19 years | $14,484 |
| 21 years | $17,568 |
| 23 years | $20,653 |
| 25 years | $23,737 |
Top Solar Installers in Mount Pleasant
Putting up solar panels yourself can be a difficult project, which is why hiring a solar installation company is a good option for many homeowners. A solar installer can also help save you money over the lifespan of your system by offering warranties, repairs and system component replacements.
Working with a professional solar installer can make going solar easier. Here are our recommendations:
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 Mount Pleasant
Factors that Affect Solar Panel Costs in Mount Pleasant
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few major factors that will push your cost above or below the average in Mount Pleasant: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend about $2,690 per kilowatt in Mount Pleasant. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Mount Pleasant, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That's why many Mount Pleasant homeowners decide to finance their solar panel systems to make paying for solar more affordable. You'll have to consider the long-term cost of loans, including the amount of 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 more than the original cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panel system can affect your pricing. Mount Pleasant's solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and go with the company that provides the products, warranties and services you're looking for 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 | $17,644 | 10.0 years |
| 8 kW | $2.74 | $15,365 | $23,827 | 9.8 years |
| 10 kW | $2.69 | $18,830 | $30,160 | 9.6 years |
| 12 kW | $2.64 | $22,144 | $36,644 | 9.4 years |
| 14 kW | $2.58 | $25,308 | $43,279 | 9.2 years |
| 16 kW | $2.53 | $28,320 | $50,064 | 9.0 years |
| 18 kW | $2.47 | $31,182 | $57,000 | 8.8 years |
| 20 kW | $2.42 | $33,894 | $64,086 | 8.6 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Different companies have various brands and kinds of panels. If you prefer a specific brand, make sure the solar installer you're considering has it.
- Contract: It's important to look over your solar installer's contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Reputation: Long-running companies likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running for a long time and save you money on repairs and maintenance.
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 Mount Pleasant, TX Solar Cost FAQs
What is the average cost of installing solar panels in Mount Pleasant?
The average cost of solar panels in Mount Pleasant 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 like the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Mount Pleasant?
A solar panel system isn't free in Mount Pleasant, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Does Mount Pleasant have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future power bills.
How many solar panels should I get to power my home?
To figure out what solar panel system size 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 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.