Solar Panel Cost Guide in Ovilla, TX (2024 Update)
- Ovilla Solar Installation Cost: $17,877
- 25-Year Savings: $22,747
- Payback Period: 12.0 Years
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Average Cost of Solar Panels in Ovilla
Find out what the average cost of solar panels are in Ovilla.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Ovilla, the average cost of a solar system is 3 per watt.The average Ovilla homeowner needs a 7.7-kilowatt system, which would cost about $17,877 with the federal tax credit, or $25,564 before the 0 tax credit is applied.
The actual price you pay can be higher or lower than the average in Ovilla based on several factors, such as the type of solar panels you choose and the solar installer you hire.With average savings of about $19,000 on energy bills over 20 years, many homeowners in Ovilla find installing solar panels has a decent ROI.
To receive a free estimate from a pre-vetted solar installation company in Ovilla, you can click the button below.
Solar savings over time in Ovilla
| Year | Return on Investment |
|---|---|
| 1 years | $-16,456 |
| 3 years | $-13,614 |
| 5 years | $-10,772 |
| 7 years | $-7,930 |
| 9 years | $-5,088 |
| 11 years | $-2,245 |
| 13 years | $597 |
| 15 years | $3,439 |
| 17 years | $6,281 |
| 19 years | $9,123 |
| 21 years | $11,965 |
| 23 years | $14,808 |
| 25 years | $17,650 |
Top Solar Installers in Ovilla
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can use up a lot of your time and energy. Using a solar panel installer can make your swap to solar power much easier. Also, if you’d like to maximize your investment in solar power, using a solar installer can help with that too. Different providers can offer warranties, expertise on installation and sometimes even information on local incentives.
Working with a professional solar company can help your solar project go smoothly. Here are our recommendations:
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 Ovilla
Factors that Affect Solar Panel Costs in Ovilla
There are many criteria that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay about $3,330 per kilowatt in Ovilla.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get 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 in the long run on your power bills. In addition, extra products, like solar batteries, can bump up your total well above the Ovilla average.
Solar Financing Terms
Many homeowners find the average cost of solar in Ovilla to be too steep, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides financing options. Solar loans remarkably decrease upfront costs in most cases, but they also lead to a higher cost over time due to interest.While solar loans make going solar more accessible for Ovilla homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panel system can influence your pricing. Ovilla’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Ovilla know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, 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 | $3.46 | $14,545 | $14,548 | 12.5 years |
| 8 kW | $3.40 | $19,021 | $19,770 | 12.3 years |
| 10 kW | $3.33 | $23,310 | $25,179 | 12.0 years |
| 12 kW | $3.26 | $27,413 | $30,774 | 11.8 years |
| 14 kW | $3.20 | $31,329 | $36,556 | 11.5 years |
| 16 kW | $3.13 | $35,058 | $42,524 | 11.3 years |
| 18 kW | $3.06 | $38,601 | $48,678 | 11.1 years |
| 20 kW | $3.00 | $41,958 | $55,019 | 10.8 years |
How to Save on Solar Panels
There are a large number of companies available in Ovilla, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Contract: It’s important to look over your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to do the job well. Another way you can look into your installer’s reputation is by reading reviews.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you go with.
- Installation Process: When making the switch to solar, it’s important to maintain an open line of communication with your solar company. Make sure you understand how the installation process works and the project completion timeline.
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 Ovilla, TX Solar Cost FAQs
What is the average cost of installing solar panels in Ovilla?
The average cost of solar panels in Ovilla is about $16,650 for a 5-kW system and $33,300 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 consume.
Can you get solar panels for free in Ovilla?
You can’t get solar panels for free in Ovilla. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Ovilla?
Most states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
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.