Solar Panel Cost Guide in Nacogdoches, TX (2023 Update)
- Nacogdoches Solar Installation Cost: $14,574
- 25-Year Savings: $21,946
- Payback Period: 10.0 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Nacogdoches
See how much it might cost to switch to solar power in Nacogdoches.
In Nacogdoches, solar panels cost about 2.69 per watt on average. Using this figure, a typical 7.7-kW system would cost about $14,574 before the 30% federal solar tax credit is applied.
These figures are just averages, and the cost of going solar for you may differ based on factors unique to your home and what company you go with. But, after you've paid the initial cost of installation, the savings for most homeowners is usually fruitful, 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 panel company in Nacogdoches for a personalized quote.
Solar savings over time in Nacogdoches
| Year | Return on Investment |
|---|---|
| 1 years | $-13,114 |
| 3 years | $-10,192 |
| 5 years | $-7,270 |
| 7 years | $-4,349 |
| 9 years | $-1,427 |
| 11 years | $1,495 |
| 13 years | $4,416 |
| 15 years | $7,338 |
| 17 years | $10,260 |
| 19 years | $13,181 |
| 21 years | $16,103 |
| 23 years | $19,025 |
| 25 years | $21,946 |
Top Solar Installers in Nacogdoches
Trying to install solar panels yourself can be a challenging task, which is why hiring a solar installer is a good option for many homeowners. The expertise that solar companies provide can be invaluable as well, particularly if you don't quite know what kind of solar equipment would be right for your home.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some 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 Nacogdoches
Factors that Affect Solar Panel Costs in Nacogdoches
Even though the average cost of a solar system in Nacogdoches is $14,574, 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 solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. That's why it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Nacogdoches, where sunlight is abundant, efficiency can quickly pay off. Plus, 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
Many homeowners find the average cost of solar in Nacogdoches to be prohibitively costly, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in paying more over time due to interest. Although solar loans make adopting solar energy more accessible for Nacogdoches homeowners, they can also raise 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
Finally, the company you choose to install your solar system can affect the cost. Nacogdoches' solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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 | $16,543 | 10.4 years |
| 8 kW | $2.74 | $15,365 | $22,358 | 10.2 years |
| 10 kW | $2.69 | $18,830 | $28,324 | 10.0 years |
| 12 kW | $2.64 | $22,144 | $34,441 | 9.8 years |
| 14 kW | $2.58 | $25,308 | $40,708 | 9.6 years |
| 16 kW | $2.53 | $28,320 | $47,126 | 9.4 years |
| 18 kW | $2.47 | $31,182 | $53,695 | 9.2 years |
| 20 kW | $2.42 | $33,894 | $60,414 | 9.0 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Contract: Before signing 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 the warranty covers and if there are any guarantees about energy production.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you opt for.
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 Nacogdoches, TX Solar Cost FAQs
What is the average cost of installing solar panels in Nacogdoches?
The average cost of solar panels in Nacogdoches 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 things such as the type of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Nacogdoches?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
How will solar panels impact my home value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Nacogdoches is currently $121,898, so you can look forward to a value of about $4,998 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Nacogdoches is a rewarding investment.
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 requires 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.