Solar Panel Cost Guide in Pampa, TX (2023 Update)
- Pampa Solar Installation Cost: $13,881
- 25-Year Savings: $27,707
- Payback Period: 8.3 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Pampa
See how much it might cost to go solar in Pampa.
The average cost of a solar system in Pampa is 2.69 per watt. Using this figure, a typical 7.4-kW system would cost about $13,878 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The exact cost of installing solar panels can vary depending on multiple factors, such as what size system you need, your energy usage and what company you go with. With typical savings of about $21,000 on power bills over 20 years, many homeowners in Pampa find installing solar panels can pay off big.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Pampa
| Year | Return on Investment |
|---|---|
| 1 years | $-13,743 |
| 3 years | $-13,466 |
| 5 years | $-13,188 |
| 7 years | $-12,911 |
| 9 years | $-12,634 |
| 11 years | $-12,356 |
| 13 years | $-12,079 |
| 15 years | $-11,802 |
| 17 years | $-11,525 |
| 19 years | $-11,247 |
| 21 years | $-10,970 |
| 23 years | $-10,693 |
| 25 years | $-10,416 |
Top Solar Installers in Pampa
Many homeowners decide to use a solar panel installer since installing solar panels by yourself can be challenging. Another perk of working with a solar installer is that they can help you optimize your return of investment by bringing down your future costs of repairs and replacements due to warranties and informing you of local incentives you can take advantage of.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some nearby:
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 Pampa
Factors that Affect Solar Panel Costs in Pampa
There are many factors that can affect your 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
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,690. The brand of solar panels and equipment you want is another factor that will considerably impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment goes beyond just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
Most solar companies in Pampa offer solar loans, which reduce the initial cost of installing solar. You'll have to consider the long-term cost of loans, including the amount of 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 finding a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar installer you go with to handle your switch to green energy can play a part in your total costs. There are about 3 solar panel companies in Pampa, and each can charge varying amounts for labor and equipment. You may see national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those larger 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 | $22,099 | 8.7 years |
| 8 kW | $2.74 | $15,365 | $29,766 | 8.5 years |
| 10 kW | $2.69 | $18,830 | $37,584 | 8.3 years |
| 12 kW | $2.64 | $22,144 | $45,553 | 8.2 years |
| 14 kW | $2.58 | $25,308 | $53,673 | 8.0 years |
| 16 kW | $2.53 | $28,320 | $61,943 | 7.8 years |
| 18 kW | $2.47 | $31,182 | $70,363 | 7.7 years |
| 20 kW | $2.42 | $33,894 | $78,935 | 7.5 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years in most cases provide high-quality solar panel installation and expertise.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the best you can get in the business, and offering such a warranty is one mark of a quality company.
- Contract: Though reading through a contract can take a lot of time, it's important to do it carefully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
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 Pampa, TX Solar Cost FAQs
How much does it cost to install solar panels in Pampa?
This is a difficult question to answer exactly, because the cost depends on a variety of 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. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Are solar panels free in Pampa?
You can't get solar panels for free in Pampa. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Can solar panels completely eradicate my energy bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Pampa, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you need to know 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 household 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.