Solar Panel Cost Guide in Pearland, TX (2023 Update)
- Pearland Solar Installation Cost: $14,160
- 25-Year Savings: $23,028
- Payback Period: 9.5 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Pearland
We go over average solar pricing in Pearland.
In Pearland, solar panels cost about 2.69 per watt on average. To cover the typical energy usage of the average home in Pearland, most homeowners require a 7.5-kilowatt system. Using the per-watt figure above, a solar installation costs about $14,160, or $20,249 before the federal solar tax credit of 30% is applied.
How much you pay can go above or below the average in Pearland based on a variety of factors, such as the type of solar panels you choose and the solar installer you hire. Many homeowners find installing solar panels is a sound investment. The average homeowner in Pearland can save around $20,000 on their power bills over 20 years.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Pearland
| Year | Return on Investment |
|---|---|
| 1 years | $-12,673 |
| 3 years | $-9,698 |
| 5 years | $-6,723 |
| 7 years | $-3,748 |
| 9 years | $-773 |
| 11 years | $2,202 |
| 13 years | $5,177 |
| 15 years | $8,152 |
| 17 years | $11,128 |
| 19 years | $14,103 |
| 21 years | $17,078 |
| 23 years | $20,053 |
| 25 years | $23,028 |
Top Solar Installers in Pearland
Many homeowners choose to hire a solar installation company since figuring out how to install solar panels on your own can be a labor-intensive endeavor. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long run because of their warranties, repair services and expert design.
If you'd like to make the switch to solar but still aren't certain which solar panel company to go with, here are our suggestions for providers 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 Pearland
Factors that Affect Solar Panel Costs in Pearland
There are a number of factors that can determine your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation need 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 and type of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this 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 significant investment. That's why many Pearland homeowners decide to finance their solar panel systems to offset upfront costs. However, the interest on solar loans also adds to your overall costs, so it's crucial to keep that in mind as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Pearland is the company you hire to install your PV system. Similar to choosing a company to install new cabinets, for example, there are plenty of solar installers that provide a range of services for different budgets. The size of the company can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $17,940 | 9.9 years |
| 8 kW | $2.74 | $15,365 | $24,222 | 9.7 years |
| 10 kW | $2.69 | $18,830 | $30,654 | 9.5 years |
| 12 kW | $2.64 | $22,144 | $37,236 | 9.3 years |
| 14 kW | $2.58 | $25,308 | $43,970 | 9.1 years |
| 16 kW | $2.53 | $28,320 | $50,854 | 8.9 years |
| 18 kW | $2.47 | $31,182 | $57,888 | 8.8 years |
| 20 kW | $2.42 | $33,894 | $65,074 | 8.6 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a tough decision, we have some tips to help you, such as:
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should acquire and how long the project will take.
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Different companies carry various brands and types of panels. If you prefer a specific brand, make sure the solar company you're considering has it.
- Contract: Review the contract terms closely to make sure you understand the cost breakdown, project timeline rebates and warranties.
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 Pearland, TX Solar Cost FAQs
How much does it cost to install solar panels in Pearland?
This is a tough question to answer precisely, because the cost depends on many 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 cost more if you want extra 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 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 solar panels eliminate my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $989.68 per year.
How many solar panels do I need to power my home?
To figure out what solar panel system size 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 generally produce about 250 to 400 watt-hours per hour, the average home 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.