Solar Panel Cost Guide in Pecan Grove, TX (2024 Update)
- Pecan Grove Solar Installation Cost: $17,743
- 25-Year Savings: $22,855
- Payback Period: 11.9 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Pecan Grove
Let’s take a look at the average cost of solar panels in Pecan Grove.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Pecan Grove, the typical cost of solar panels is 3 per watt.The average solar panel system size in Pecan Grove is around 7.6 kilowatts, meaning a cost of about $17,743 for a solar installation, or $25,372 before the 0 federal solar tax credit is applied.
The true cost of your system can go above or below the average in Pecan Grove based on a variety of factors, such as the kind of solar panels you choose and the solar company you hire.With typical savings of about $20,000 on power bills over 20 years, many homeowners in Pecan Grove find investing in solar has a decent ROI.
To get a free estimate from a top solar company in Pecan Grove, you can click the button below.
Solar savings over time in Pecan Grove
Year | Return on Investment |
---|---|
1 years | $-16,322 |
3 years | $-13,479 |
5 years | $-10,637 |
7 years | $-7,795 |
9 years | $-4,953 |
11 years | $-2,111 |
13 years | $731 |
15 years | $3,574 |
17 years | $6,416 |
19 years | $9,258 |
21 years | $12,100 |
23 years | $14,942 |
25 years | $17,784 |
Top Solar Installers in Pecan Grove
When making the switch to solar, many homeowners choose to go with a solar installer since installing a solar system yourself can be a challenging project. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and part replacements.
If you’d like to go solar but still aren’t sure which solar system installer to go with, here are our suggestions for providers in Pecan Grove:
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 Pecan Grove
Factors that Affect Solar Panel Costs in Pecan Grove
The cost of installing a solar system in Pecan Grove can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay around $3,330 per kilowatt in Pecan Grove.The kind of solar panels and equipment you choose is another factor that will substantially influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Further, solar equipment is more than just the solar panels themselves. You’ll also need to think about 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
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are offered by most installers in Pecan Grove, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable.You’ll have to consider the long-term cost of loans, including the total 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 APR could reduce your costs considerably.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panel system can influence your pricing. Pecan Grove’s solar companies all have different labor costs and add varying upcharges to equipment. The company’s size can sometimes play the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to greater resources and bulk 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 | $3.46 | $14,545 | $14,769 | 12.4 years |
8 kW | $3.40 | $19,021 | $20,064 | 12.2 years |
10 kW | $3.33 | $23,310 | $25,547 | 11.9 years |
12 kW | $3.26 | $27,413 | $31,215 | 11.7 years |
14 kW | $3.20 | $31,329 | $37,071 | 11.5 years |
16 kW | $3.13 | $35,058 | $43,112 | 11.2 years |
18 kW | $3.06 | $38,601 | $49,341 | 11.0 years |
20 kW | $3.00 | $41,958 | $55,755 | 10.7 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Pecan Grove, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Installation Process: Make sure you’re aligned with the installer regarding how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
- Contract: It’s important to read through your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running for a long time and save you money on repairs and maintenance.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
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 Pecan Grove, TX Solar Cost FAQs
What is the average cost of installing solar panels in Pecan Grove?
The average cost of solar panels in Pecan Grove is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Is it worth going solar in Pecan Grove?
Solar panels can be a fruitful investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already reasonably low, solar panels might not be for you.
How long do solar panels last in Pecan Grove?
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 larger level 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.