Solar Panel Cost Guide in Mount Pleasant, TX (2023 Update)
- Mount Pleasant Solar Installation Cost: $14,820
- 25-Year Savings: $23,737
- Payback Period: 9.6 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Mount Pleasant
We go over average solar pricing in Mount Pleasant.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Mount Pleasant, the average cost of a solar system is 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%.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The actual cost of going solar can vary depending on several factors, such as what size system you need, your energy usage and what company you go with. For most homeowners, the upfront investment in solar power is worth paying. On average homeowners in Mount Pleasant see about $19,000 in savings on utility bills over 20 years.
For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Mount Pleasant
| Year | Return on Investment |
|---|---|
| 1 years | $-13,469 |
| 3 years | $-10,766 |
| 5 years | $-8,064 |
| 7 years | $-5,362 |
| 9 years | $-2,659 |
| 11 years | $43 |
| 13 years | $2,745 |
| 15 years | $5,447 |
| 17 years | $8,150 |
| 19 years | $10,852 |
| 21 years | $13,554 |
| 23 years | $16,256 |
| 25 years | $18,959 |
Top Solar Installers in Mount Pleasant
Although you can install solar panels yourself, it requires extra time and knowledge. Because of that, the majority of homeowners choose a solar panel installer. The expertise that solar installers provide can be helpful as well, particularly if you don't quite know what kind of solar equipment would be right for your home.
If you'd like to switch to 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
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
Even though the average cost of a solar system in Mount Pleasant is $14,819, your actual cost may be above or below the average. There are many factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay about $2,690 per kilowatt in Mount Pleasant. The type of solar panels and equipment you get is another factor that will substantially impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, 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 looking for a solar system that's in your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are provided by most installers in Mount Pleasant, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable. Although solar loans make adopting solar energy more accessible for Mount Pleasant homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar panel companies operating in Mount Pleasant, and each can charge different amounts for labor and equipment. 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 come at a higher cost. 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 | $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:
- Contract: Though reading through a contract can take a lot of time, it's important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Reputation: Well-established companies 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 support, such as part repairs and replacements.
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you hire.
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 Mount Pleasant, TX Solar Cost FAQs
What is the average cost of installing solar panels in Mount Pleasant?
This is a hard 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. It will be more expensive if you want other solar equipment or higher quality panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
What other factors should I consider in addition to cost when buying solar panels?
Cost is a crucial factor to consider, but whether it's the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Is it worth going solar in Mount Pleasant?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.
How long do solar panels last in Mount Pleasant?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.