Solar Panel Cost Guide in North Richland Hills, TX (Sep 2022)

  • North Richland Hills Solar Installation Cost: $14,405
  • 25-Year Savings: $22,783
  • Payback Period: 9.7 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in North Richland Hills

We break down average solar pricing in North Richland Hills.

Although the national average of solar panels is $2.66 per watt, solar panels in North Richland Hills generally cost about $3. The average North Richland Hills homeowner needs a 7.7-kilowatt system, which would cost about $14,405, or $10,660 after the federal solar tax credit of 30% is applied.

The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of going solar can vary quite a bit depending on multiple factors, such as what size system you need, your energy usage and what solar installer you go with. For many homeowners, the upfront investment in solar is worth paying. On average North Richland Hills homeowners see about $19,000 in savings on energy bills over 20 years.

Click the button below to get connected to a highly rated solar company in your area for a personalized estimate.

Solar savings over time in North Richland Hills

Year Return on Investment
1 years $-12,917
3 years $-9,942
5 years $-6,967
7 years $-3,992
9 years $-1,017
11 years $1,958
13 years $4,933
15 years $7,908
17 years $10,883
19 years $13,858
21 years $16,833
23 years $19,808
25 years $22,783

Top Solar Installers in North Richland Hills

Putting up solar panels yourself can be a stressful undertaking, which is why hiring a solar installer is a good option for many homeowners. Plus, if you aren't sure what kind of solar panels and equipment you want, a solar company can help you find the right equipment for you after a site survey and consultation.

If you'd like to start using solar energy but still aren't sure which solar installer to go with, here are our recommendations for providers nearby:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 North Richland Hills

Factors that Affect Solar Panel Costs in North Richland Hills

For many North Richland Hills homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in North Richland Hills, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you'll pay, which we'll go over below.

Solar Equipment Size

System size is one of the largest factors that determines the overall cost of installing solar panels. That's why it's a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like North Richland Hills, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Solar panels can save you money on power bills over many years, but they can also be a big investment. That's why many North Richland Hills homeowners choose to finance their solar panel systems to make paying for solar more affordable. 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 can only 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 securing a solar loan with a low APR could reduce your costs considerably.

Solar Panel Installation Company

The solar installation company you pick will play a role in your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor. Additionally, some companies in North Richland Hills have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.

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 $17,413 10.1 years
8 kW $2.74 $15,365 $23,519 9.9 years
10 kW $2.69 $18,830 $29,775 9.7 years
12 kW $2.64 $22,144 $36,182 9.5 years
14 kW $2.58 $25,308 $42,740 9.3 years
16 kW $2.53 $28,320 $49,448 9.1 years
18 kW $2.47 $31,182 $56,307 8.9 years
20 kW $2.42 $33,894 $63,317 8.7 years

Solar Incentives in North Richland Hills

Name Renewable Energy Systems Property Tax Exemption
Incentive Amount 100%
Website Visit here
More Info Click here

Name Texas Gas Service - Residential Energy Efficiency Rebate Program
Website Visit here
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

There are a large number of companies available in North Richland Hills, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:

  • Contract: Review the contract terms carefully to make sure you understand the cost breakdown, completion timeline incentives and warranties.
  • Reputation: Long-standing companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
  • Solar Panel Brands: The kind of solar panel you need to install plays a part in which company you should choose, since different companies offer different panels.
  • Installation Process: Make sure you're on the same page with the company in regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's North Richland Hills, TX Solar Cost FAQs

What is the average cost of installing solar panels in North Richland Hills?

This is a difficult question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $13,450 for a 5-kW system and $26,900 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you go with a smaller solar panel system or cheaper solar panels.

What other factors should I consider apart from cost when buying solar panels?

Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.

Is it worth going solar in North Richland Hills?

Solar panels can be a good investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already reasonably low, solar panels might not be for you.

How long do solar panels last in North Richland Hills?

Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can 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.

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