Solar Panel Cost Guide in New Boston, TX (2024 Update)
- New Boston Solar Installation Cost: $18,443
- 25-Year Savings: $22,290
- Payback Period: 12.4 Years
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Average Cost of Solar Panels in New Boston
Find out what the average cost of solar panels are in New Boston.
In New Boston, solar panels cost about 3 per watt on average.To cover the typical energy usage of the average home in New Boston, most homeowners require a 7.9-kilowatt system. Using the figure above, a solar installation costs around $18,443, or $26,373 before the federal solar tax credit of 0 is applied.
How much you pay can be higher or lower than the average in New Boston based on a few factors, such as the model of solar panels you choose and the solar contractor you hire.For most homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $18,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a vetted solar company in New Boston that can help you get a more accurate cost estimate for your home.
Solar savings over time in New Boston
| Year | Return on Investment |
|---|---|
| 1 years | $-17,092 |
| 3 years | $-14,389 |
| 5 years | $-11,687 |
| 7 years | $-8,985 |
| 9 years | $-6,283 |
| 11 years | $-3,580 |
| 13 years | $-878 |
| 15 years | $1,824 |
| 17 years | $4,526 |
| 19 years | $7,229 |
| 21 years | $9,931 |
| 23 years | $12,633 |
| 25 years | $15,335 |
Top Solar Installers in New Boston
Although you can install solar panels yourself, it involves extra energy and knowledge. Because of that, most homeowners choose to hire a solar panel installer. Plus, warranties and repairs from your solar panel installer can protect your investment and reduce the cost of maintenance over the lifespan of your panels.
If you’d like to make the switch to solar but still aren’t sure which solar installer to go with, here are our recommendations for providers near you:
Best National Provider
SunPower
- 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
- 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 New Boston
Factors that Affect Solar Panel Costs in New Boston
There are a number of criteria that can play into your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend about $3,330 per kilowatt in New Boston.The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your electric bills. In addition, extra products, like solar batteries, can bring your total well above the New Boston average.
Solar Financing Terms
Most solar companies in New Boston provide solar loans, which reduce your upfront costs of installing solar panels.You’ll have to consider the long-term cost of financing options, 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 above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in New Boston is the company you get to install your solar panel system. As with choosing a company to install new cabinets, for instance, there are plenty of solar installers that provide a range of services at different price points.Larger national companies usually have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle 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 | $13,656 | 12.9 years |
| 8 kW | $3.40 | $19,021 | $18,580 | 12.6 years |
| 10 kW | $3.33 | $23,310 | $23,692 | 12.4 years |
| 12 kW | $3.26 | $27,413 | $28,989 | 12.2 years |
| 14 kW | $3.20 | $31,329 | $34,474 | 11.9 years |
| 16 kW | $3.13 | $35,058 | $40,144 | 11.7 years |
| 18 kW | $3.06 | $38,601 | $46,002 | 11.4 years |
| 20 kW | $3.00 | $41,958 | $52,045 | 11.2 years |
How to Save on Solar Panels
There are a large number of companies available in New Boston, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Contract: When looking through your solar installer’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to get the job done well. Another way you can research your installer’s reputation is by reading reviews.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running for years to come and save you money on repairs and maintenance.
Best National Provider
SunPower
- 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
- 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 New Boston, TX Solar Cost FAQs
How much does it cost to install solar panels in New Boston?
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 other solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
What other factors should I consider aside from cost 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.
Is it worth going solar in New Boston?
Solar panels can be a great investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already pretty low, solar panels might not be for you.
How long do solar panels last in New Boston?
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 how much energy they produce will have decreased significantly after that point. You can decide to replace them after having them for that long or you can continue to use 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.