Solar Panel Cost Guide in Pearland, TX (2024 Update)
- Pearland Solar Installation Cost: $17,518
- 25-Year Savings: $23,037
- Payback Period: 11.8 Years
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Average Cost of Solar Panels in Pearland
See how much it might cost to switch to solar power in Pearland.
Although the national average of solar panels is $2.66 per watt, solar panels in Pearland typically cost about 3.Because a 7.5-kW system is needed to cover the energy consumption of a typical home in Pearland, the average price of going solar will be about $17,518 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The actual cost of installing solar panels can vary quite a bit depending on multiple factors, such as how many panels you need, your energy usage and what company you go with.Many homeowners find adopting solar power is a sound investment. The average homeowner in Pearland can save about $20,000 on their power bills over 20 years.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Pearland
Year | Return on Investment |
---|---|
1 years | $-15,688 |
3 years | $-12,029 |
5 years | $-8,370 |
7 years | $-4,711 |
9 years | $-1,052 |
11 years | $2,608 |
13 years | $6,267 |
15 years | $9,926 |
17 years | $13,585 |
19 years | $17,244 |
21 years | $20,903 |
23 years | $24,562 |
25 years | $28,221 |
Top Solar Installers in Pearland
Trying to put up solar panels by yourself can be a stressful project, which is why getting a solar installer is a good option for many homeowners. Another upside of going with a solar company is that they can help you optimize your ROI by bringing down your future costs of repairs and replacements because of warranties and informing you of local incentives you can take advantage of.
You can work with a local solar installer to get a free quote on how much solar panels could cost 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Pearland
Factors that Affect Solar Panel Costs in Pearland
There are many criteria that can affect your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. That’s why it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.The solar equipment you choose can increase or decrease your cost 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. On the other hand, higher efficiency could save you more over time on your power bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Pearland average.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are a popular choice because they lower your upfront costs and let you pay for your system over five to seven years on average.Even though solar loans make going solar more accessible for Pearland homeowners, they can also add to 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 avoid paying as much in interest.
Solar Panel Installation Company
Finally, the company you hire to install your solar system can influence the cost. Pearland’s solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices due to their bigger 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 | $3.46 | $14,545 | $15,145 | 12.2 years |
8 kW | $3.40 | $19,021 | $20,566 | 12.0 years |
10 kW | $3.33 | $23,310 | $26,174 | 11.8 years |
12 kW | $3.26 | $27,413 | $31,968 | 11.5 years |
14 kW | $3.20 | $31,329 | $37,949 | 11.3 years |
16 kW | $3.13 | $35,058 | $44,116 | 11.1 years |
18 kW | $3.06 | $38,601 | $50,469 | 10.8 years |
20 kW | $3.00 | $41,958 | $57,010 | 10.6 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Pearland, 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:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. While there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so make sure you take a look at their list of offerings before making your decision.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panel system running smoothly and save you money on repairs and maintenance.
- Installation Process: Make sure you’re on the same page with the company regarding how the installation process will go and what needs to be done before your solar panel system is installed, such as updating or replacing your electrical system or roof.
- Reputation: Well-established companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Pearland, TX Solar Cost FAQs
How much does it cost to install solar panels in Pearland?
This is a hard question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $16,650 for a 5-kW system and $33,300 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Pearland?
Leasing solar panels can be an option if you can’t pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Do solar panels increase the value of your home?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Pearland is currently $374,496, so you can expect a value of about $15,354 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Pearland is a worthwhile investment.
How long do solar panels last in Pearland?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.