Solar Panel Cost Guide in Nash, TX (2023 Update)
- Nash Solar Installation Cost: $14,895
- 25-Year Savings: $21,213
- Payback Period: 10.3 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated May 04, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Nash
Find out what the average cost of installing solar panels is in Nash.
While the national average of solar panels is $2.66 per watt, solar panels in Nash generally cost around 2.69. Using this figure, a typical 7.9-kW system would cost about $14,895 before the 30% federal solar tax credit is applied.
The true cost of your system can be above or below the average in Nash depending on a variety of factors, such as the model of solar panels you choose and the solar contractor you hire. Despite the significant initial cost, the average Nash homeowner can save about $17,000 on their power bills over 20 years, which is one of the benefits of solar.
You can click the button below to get connected with a pre-vetted solar company in Nash for a quote for your home.
Solar savings over time in Nash
| Year | Return on Investment |
|---|---|
| 1 years | $-13,450 |
| 3 years | $-10,562 |
| 5 years | $-7,673 |
| 7 years | $-4,784 |
| 9 years | $-1,896 |
| 11 years | $993 |
| 13 years | $3,882 |
| 15 years | $6,770 |
| 17 years | $9,659 |
| 19 years | $12,548 |
| 21 years | $15,436 |
| 23 years | $18,325 |
| 25 years | $21,213 |
Top Solar Installers in Nash
Although you can install solar panels by yourself, it involves extra time and knowledge. For that reason, the majority of homeowners choose to go with a solar panel installer. Plus, if you're not certain what brand of solar panels and equipment you may need, a solar expert can help you find the right equipment for you after a site survey and consultation.
There are various licensed solar professionals that can help you install your solar panels. 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
See all of the solar companies in Nash
Factors that Affect Solar Panel Costs in Nash
For many Nash homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Nash, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
One of the most important 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 energy your household uses, the larger your system will likely need to be. You can expect to pay around $2,690 per kilowatt in Nash. There are a lot of different solar panel brands and the one you pick also affects the cost. In many cases, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Nash have solar loans, which reduce your upfront costs of installing solar panels. However, the interest on solar loans also increases your all-in costs, so it's vital to keep that in mind as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The remaining significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of clean energy solutions in Nash, you'll have many options to choose from, but each comes at varying price points for labor and equipment. The company's size can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to 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 discount can bring their pricing down to compete with bigger companies.
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 | $15,632 | 10.7 years |
| 8 kW | $2.74 | $15,365 | $21,144 | 10.5 years |
| 10 kW | $2.69 | $18,830 | $26,807 | 10.3 years |
| 12 kW | $2.64 | $22,144 | $32,620 | 10.1 years |
| 14 kW | $2.58 | $25,308 | $38,584 | 9.9 years |
| 16 kW | $2.53 | $28,320 | $44,699 | 9.7 years |
| 18 kW | $2.47 | $31,182 | $50,964 | 9.5 years |
| 20 kW | $2.42 | $33,894 | $57,380 | 9.3 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a challenge, we have some tips to help you, such as:
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years most likely offer quality solar panel installation and expertise.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. While there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of offerings before deciding.
- Contract: It's important to read your solar installer's contract fully to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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 Nash, TX Solar Cost FAQs
What is the average cost of installing solar panels in Nash?
The average cost of solar panels in Nash 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 use.
Is cost the most important consideration when buying solar panels?
The initial cost is a key factor to consider, but whether it's the most important for you depends on your goals for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Nash?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future energy bills.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them once you've had them for that long or you can keep using 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.