Solar Panel Cost Guide in Nassau Bay, TX (2024 Update)
- Nassau Bay Solar Installation Cost: $17,820
- 25-Year Savings: $22,793
- Payback Period: 12.0 Years
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Average Cost of Solar Panels in Nassau Bay
We break down average solar pricing in Nassau Bay.
Although the national average of solar panels is $2.66 per watt, solar panels in Nassau Bay typically cost around 3.The average solar panel system size in Nassau Bay is around 7.6 kilowatts, meaning a cost of about $17,820 for a solar installation, or $25,483 before the 0 federal solar tax credit is applied.
These figures are only estimates, and your own solar costs will look different based on the amount of energy your home requires and what company you want to go with.With typical savings of about $19,000 on power bills over 20 years, many homeowners in Nassau Bay find installing solar panels can pay off big.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Nassau Bay
Year | Return on Investment |
---|---|
1 years | $-16,399 |
3 years | $-13,557 |
5 years | $-10,714 |
7 years | $-7,872 |
9 years | $-5,030 |
11 years | $-2,188 |
13 years | $654 |
15 years | $3,496 |
17 years | $6,339 |
19 years | $9,181 |
21 years | $12,023 |
23 years | $14,865 |
25 years | $17,707 |
Top Solar Installers in Nassau Bay
When switching to solar energy, many homeowners opt to hire a solar installation company since DIY solar panel installation can be a challenging project. A solar company can also help save you money over the lifespan of your system by providing warranties, repairs and system component replacements.
There are several 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 Nassau Bay
Factors that Affect Solar Panel Costs in Nassau Bay
There are several factors that can influence your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs.The brand and kind of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are available from most installers in Nassau Bay, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also increases your all-in costs, so it’s important to consider that as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar company you choose to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Nassau Bay, and each can charge different amounts for labor and equipment.Larger national companies usually have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to 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 | $3.46 | $14,545 | $14,641 | 12.5 years |
8 kW | $3.40 | $19,021 | $19,895 | 12.2 years |
10 kW | $3.33 | $23,310 | $25,335 | 12.0 years |
12 kW | $3.26 | $27,413 | $30,961 | 11.7 years |
14 kW | $3.20 | $31,329 | $36,774 | 11.5 years |
16 kW | $3.13 | $35,058 | $42,774 | 11.3 years |
18 kW | $3.06 | $38,601 | $48,959 | 11.0 years |
20 kW | $3.00 | $41,958 | $55,332 | 10.8 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:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Although 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 make sure you ask for their list of options before deciding.
- Reputation: Long-running companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Contract: When reading over your solar company’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios like a system part breaking or the company going out of business.
- Installation Process: When going solar, it’s essential to keep an open line of communication with your solar company. Make sure you understand how the installation process will go and the completion timeline.
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 Nassau Bay, TX Solar Cost FAQs
What is the average cost of installing solar panels in Nassau Bay?
This is a hard question to answer precisely, because the cost depends on a variety of 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 cost more if you want additional solar equipment or more efficient panels, or if you have above-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
What other factors should I consider aside from cost when buying solar panels?
The initial cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Nassau Bay?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future energy bills.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires 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.