Solar Panel Cost Guide in Nederland, TX (2023 Update)
- Nederland Solar Installation Cost: $13,900
- 25-Year Savings: $21,420
- Payback Period: 9.8 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Nederland
We go over average solar pricing in Nederland.
The national average cost of solar panels is $2.66 per watt, but in Nederland it's 2.69 per watt. The average solar panel system size in Nederland is around 7.4 kilowatts, meaning a cost of about $13,897 for a solar installation, or $19,873 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Nederland homeowner. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. Even with the significant initial cost, the average Nederland homeowner can save around $18,000 on their energy bills over 20 years, which is one of the benefits of solar.
Click the button below to get connected to a top solar panel company in Nederland for a customized quote.
Solar savings over time in Nederland
| Year | Return on Investment |
|---|---|
| 1 years | $-12,601 |
| 3 years | $-10,004 |
| 5 years | $-7,407 |
| 7 years | $-4,810 |
| 9 years | $-2,213 |
| 11 years | $384 |
| 13 years | $2,981 |
| 15 years | $5,579 |
| 17 years | $8,176 |
| 19 years | $10,773 |
| 21 years | $13,370 |
| 23 years | $15,967 |
| 25 years | $18,564 |
Top Solar Installers in Nederland
Many homeowners opt for a solar installation company since installing solar panels yourself can be challenging. Solar warranties and repairs are usually included in the cost of installation when you opt for a solar contractor too, which can save you more money over time.
If you're searching for a solar installer in Nederland, we've organized a list of our top suggestions here:
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 Nederland
Factors that Affect Solar Panel Costs in Nederland
While the average cost of a solar system in Nederland is $13,897, your final cost may be higher or lower than that. There are many factors that can have a major impact on the cost of a solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Nederland, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy usage, which you can determine by looking at past energy bills. Your overall cost can increase by about $2,690 for each additional kilowatt you need. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose 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 over time on your power bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Nederland average.
Solar Financing Terms
If paying for solar panels out of pocket is too expensive, solar loans are an affordable choice because they decrease your upfront costs and allow you to pay for your system over five to seven years on average. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The final key cost factor you should take into consideration is the installer you choose. Given the massive popularity of sustainable energy solutions in Nederland, you'll have many options to choose from, but each comes at different price points for labor and equipment. Larger national companies generally have lower costs, but some local companies keep up with them by offering 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 | $2.80 | $11,750 | $16,958 | 10.2 years |
| 8 kW | $2.74 | $15,365 | $22,912 | 10.0 years |
| 10 kW | $2.69 | $18,830 | $29,016 | 9.8 years |
| 12 kW | $2.64 | $22,144 | $35,272 | 9.6 years |
| 14 kW | $2.58 | $25,308 | $41,678 | 9.4 years |
| 16 kW | $2.53 | $28,320 | $48,234 | 9.2 years |
| 18 kW | $2.47 | $31,182 | $54,941 | 9.1 years |
| 20 kW | $2.42 | $33,894 | $61,799 | 8.9 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. Since selecting a company can be difficult, we have some tips to help you, such as:
- Contract: Read the contract terms thoroughly to make sure you understand the total cost, project completion timeline rebates and warranties.
- Solar Panel Brands: The kind of solar panel you want to install plays a part in which installer you should choose, since different companies have access to different panels.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases offer quality solar panel installation and expertise.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should secure and what the project timeline is.
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 Nederland, TX Solar Cost FAQs
How much does it cost to install solar panels in Nederland?
The average cost of solar panels in Nederland 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 certain factors like the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Nederland?
Leasing solar panels can be an appealing choice, because it usually comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better option if you want to get the most savings.
Is it worth going solar in Nederland?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and how much direct sunlight your roof gets.
How long do solar panels last in Nederland?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.