Solar Panel Cost Guide in Palestine, TX (2023 Update)
- Palestine Solar Installation Cost: $14,531
- 25-Year Savings: $25,577
- Payback Period: 9.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Palestine
We break down average solar pricing in Palestine.
The average cost of a solar panel system in Palestine is 2.69 per watt. To cover the typical energy usage of the average home in Palestine, most homeowners require a 7.7-kilowatt system. Using the per-watt figure above, a solar installation costs around $14,537, or $20,788 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of installing solar panels can vary based on several factors, such as how many panels you need, your energy usage and what solar installer you go with. With average savings of about $20,000 on energy bills over 20 years, many homeowners in Palestine find investing in solar has a decent ROI.
You can click the button below to get connected with a vetted solar company in Palestine for a quote for your home.
Solar savings over time in Palestine
| Year | Return on Investment |
|---|---|
| 1 years | $-13,173 |
| 3 years | $-10,459 |
| 5 years | $-7,744 |
| 7 years | $-5,029 |
| 9 years | $-2,314 |
| 11 years | $400 |
| 13 years | $3,115 |
| 15 years | $5,830 |
| 17 years | $8,545 |
| 19 years | $11,259 |
| 21 years | $13,974 |
| 23 years | $16,689 |
| 25 years | $19,404 |
Top Solar Installers in Palestine
When making the switch to solar, many homeowners opt to hire a solar company since installing a solar system yourself can be a challenging project. Plus, if you aren't sure what type of solar panels and equipment you may need, a solar installer can help you figure that out after a site survey and consultation.
Working with a professional solar company can help you make the most of your investment in solar. Here are our recommendations:
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 Palestine
Factors that Affect Solar Panel Costs in Palestine
For many Palestine homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Palestine, 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
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. For that reason, it's important to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use. There are several different solar panel brands and the one you choose also changes the cost. Typically, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Palestine offer solar loans, which reduce your upfront costs of installing a solar system. However, the interest on solar loans also increases your all-in costs, so it's important to take that into consideration as well. You can always lower the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar company you go with to handle your switch to renewable energy can play a role in your total costs. There are about 3 solar installation companies operating throughout Palestine, and each can charge different amounts for labor and equipment. The company's size sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger companies.
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 | $19,435 | 9.4 years |
| 8 kW | $2.74 | $15,365 | $26,215 | 9.2 years |
| 10 kW | $2.69 | $18,830 | $33,145 | 9.1 years |
| 12 kW | $2.64 | $22,144 | $40,226 | 8.9 years |
| 14 kW | $2.58 | $25,308 | $47,457 | 8.7 years |
| 16 kW | $2.53 | $28,320 | $54,840 | 8.5 years |
| 18 kW | $2.47 | $31,182 | $62,372 | 8.3 years |
| 20 kW | $2.42 | $33,894 | $70,056 | 8.2 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Installation Process: Make sure you're aligned with the company with regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating your electrical system or roof.
- Contract: It's important to read 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.
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 Palestine, TX Solar Cost FAQs
How much does it cost to install solar panels in Palestine?
This is a hard question to answer precisely, because the cost depends on a few different factors. Generally 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 extra solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Palestine?
The majority of states have net metering programs of some kind. Through these, you can be compensated 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.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.