Solar Panel Cost Guide in Murillo, TX (2024 Update)

  • Murillo Solar Installation Cost: $16,573
  • 25-Year Savings: $17,670
  • Payback Period: 13.3 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Murillo

Find out how much it might cost to switch to solar power in Murillo.

In Murillo, solar panels cost about 3 per watt on average.The average solar panel system size in Murillo is around 7.1 kilowatts, meaning a cost of about $16,573 for a solar installation, or $23,699 before the 0 federal solar tax credit is applied.

Bear in mind that the figures above are only estimates based on the average Murillo homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.With typical savings of about $17,000 on energy bills over 20 years, many homeowners in Murillo find going solar can pay off big.

For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.

Solar savings over time in Murillo

Year Return on Investment
1 years $-15,330
3 years $-12,846
5 years $-10,362
7 years $-7,878
9 years $-5,394
11 years $-2,910
13 years $-426
15 years $2,058
17 years $4,542
19 years $7,026
21 years $9,511
23 years $11,995
25 years $14,479

Top Solar Installers in Murillo

Trying to put up solar panels by yourself can be a stressful undertaking, which is why getting a solar installer is a good option for many homeowners. Another great thing about choosing a top solar installer is that it'll provide warranties and free repairs, which help protect your solar system over time.

If you’d like to make the switch to solar but still aren’t sure which solar panel company to go with, here are our recommendations for providers near you:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Murillo

Factors that Affect Solar Panel Costs in Murillo

Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that determine your overall cost in Murillo: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.

Solar Equipment

System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. Because of that, it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your energy bills. In addition, extra products, such as solar batteries, can bring your total well above the Murillo average.

Solar Financing Terms

If paying for a solar system out of pocket is out of reach, solar loans are an affordable option because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay back the loan.

Solar Panel Installation Company

A final consideration when trying to estimate the cost of solar for your home or business in Murillo is the company you hire to install your PV system. As with choosing a company to renovate your kitchen, for example, there’s no shortage of solar installers that offer a range of services at different costs.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 prices because they have more resources and bulk 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 $3.46 $14,545 $11,665 13.9 years
8 kW $3.40 $19,021 $15,926 13.6 years
10 kW $3.33 $23,310 $20,374 13.3 years
12 kW $3.26 $27,413 $25,008 13.1 years
14 kW $3.20 $31,329 $29,829 12.8 years
16 kW $3.13 $35,058 $34,836 12.5 years
18 kW $3.06 $38,601 $40,030 12.3 years
20 kW $3.00 $41,958 $45,410 12.0 years

How to Save on Solar Panels

There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:

  • Contract: Review the contract terms thoroughly to make sure you understand the overall cost, project completion timeline incentives and warranties.
  • Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be completed and how long it will take.
  • Solar Panel Brands: Different companies have different brands and types of panels. If you prefer a specific brand, make sure the solar installer you’re considering has it.
  • Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Murillo, TX Solar Cost FAQs

What is the average cost of installing solar panels in Murillo?

This is a hard question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $16,650 for a 5-kW system and $33,300 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 above-average energy needs. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.

Are solar panels free in Murillo?

You can’t get solar panels for free in Murillo. However, you may still be able to install 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.

Can solar panels eliminate my power bills?

Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $873.68 per year.

What solar power system size is right for my home?

To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house 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.

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