Solar Panel Cost Guide in Mount Pleasant, TX (2024 Update)
- Mount Pleasant Solar Installation Cost: $18,346
- 25-Year Savings: $23,737
- Payback Period: 11.9 Years
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Average Cost of Solar Panels in Mount Pleasant
Let’s have a look at the average cost of solar panels in Mount Pleasant.
The national average cost of solar panels is $2.66 per watt, but in Mount Pleasant it’s 3 per watt.Using this figure, a typical 7.9-kW system would cost about $18,346 before the 0 federal solar tax credit is applied.
The true price you pay can be above or below the average in Mount Pleasant depending on a variety of factors, such as the kind of solar panels you choose and the solar company you hire.Even with the large initial cost, the average Mount Pleasant homeowner can save around $19,000 on their electricity bills over 20 years, which is one of the benefits of solar.
To get a free estimate from a highly rated solar installer in Mount Pleasant, you can click the button below.
Solar savings over time in Mount Pleasant
| Year | Return on Investment |
|---|---|
| 1 years | $-16,994 |
| 3 years | $-14,292 |
| 5 years | $-11,590 |
| 7 years | $-8,888 |
| 9 years | $-6,185 |
| 11 years | $-3,483 |
| 13 years | $-781 |
| 15 years | $1,921 |
| 17 years | $4,624 |
| 19 years | $7,326 |
| 21 years | $10,028 |
| 23 years | $12,730 |
| 25 years | $15,433 |
Top Solar Installers in Mount Pleasant
Although you can install solar panels on your own, it takes extra energy and knowledge. For that reason, most homeowners choose to hire a solar panel installer. Some solar installers, especially local ones, can help you take advantage of incentives in Mount Pleasant, thereby optimizing your ROI.
There are a number of licensed solar professionals that can take care of your solar installation project. 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Mount Pleasant
Factors that Affect Solar Panel Costs in Mount Pleasant
Though the average cost of a solar system in Mount Pleasant is $18,346, your actual cost may be above or below the average. There are several factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to consider.
Solar Equipment
When it comes to estimating the price of a solar panel system in Mount Pleasant, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can figure out by looking at past power bills. Your total cost can increase by around $3,330 for each additional kilowatt you need.The brand of solar panels and equipment you want is another factor that will significantly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Moreover, solar equipment is more than just the solar panels themselves. You’ll also need to think 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 falls within your budget.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That’s why many Mount Pleasant homeowners choose to finance their solar panel systems to make going solar more affordable.When estimating your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The remaining key cost factor you should take into consideration is the installer you choose. Given the massive popularity of green energy solutions in Mount Pleasant, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.46 | $14,545 | $14,849 | 12.4 years |
| 8 kW | $3.40 | $19,021 | $20,171 | 12.1 years |
| 10 kW | $3.33 | $23,310 | $25,680 | 11.9 years |
| 12 kW | $3.26 | $27,413 | $31,375 | 11.7 years |
| 14 kW | $3.20 | $31,329 | $37,257 | 11.4 years |
| 16 kW | $3.13 | $35,058 | $43,326 | 11.2 years |
| 18 kW | $3.06 | $38,601 | $49,581 | 10.9 years |
| 20 kW | $3.00 | $41,958 | $56,022 | 10.7 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose greatly affects 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:
- Installation Process: Make sure you’re aligned with the installer regarding how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
- Contract: When looking over your solar company’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Warranty: If you’re concerned about the durability of your solar energy system, verifying that your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years likely offer good-quality solar panel installation and expertise.
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Mount Pleasant, TX Solar Cost FAQs
How much does it cost to install solar panels in Mount Pleasant?
The average cost of solar panels in Mount Pleasant is about $16,650 for a 5-kW system and $33,300 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 consume.
Are solar panels 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 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.
Is switching to solar power worth it?
Solar panels can be a fruitful investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already fairly low, solar panels might not be for you.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them once you've had them for that long or you can continue to use 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.