Solar Panel Cost Guide in Pecan Plantation, TX (2024 Update)
- Pecan Plantation Solar Installation Cost: $17,630
- 25-Year Savings: $16,611
- Payback Period: 14.3 Years
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Average Cost of Solar Panels in Pecan Plantation
Let’s have a look at the average cost of solar in Pecan Plantation.
The national average cost of solar panels is $2.66 per watt, but in Pecan Plantation it’s 3 per watt.Because a 7.6-kW system is needed to cover the energy costs of a typical home in Pecan Plantation, the average price of going solar will be about $17,630 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of making the switch to solar can vary based on a few factors, such as what size system you need, your energy usage and what solar installer you go with.But, once you've paid the upfront cost of installation, the return on investment for most homeowners is quite fruitful, with a net average savings of about $16,000 over 20 years on energy bills.
To get a free quote from a highly rated solar company in Pecan Plantation, you can click the button below.
Solar savings over time in Pecan Plantation
| Year | Return on Investment |
|---|---|
| 1 years | $-16,433 |
| 3 years | $-14,039 |
| 5 years | $-11,644 |
| 7 years | $-9,250 |
| 9 years | $-6,855 |
| 11 years | $-4,461 |
| 13 years | $-2,066 |
| 15 years | $328 |
| 17 years | $2,722 |
| 19 years | $5,117 |
| 21 years | $7,511 |
| 23 years | $9,906 |
| 25 years | $12,300 |
Top Solar Installers in Pecan Plantation
When going solar, many homeowners prefer to go with a solar installation company since putting up solar panels yourself can be a difficult project. In addition, if you’d like to maximize your investment in solar power, using a solar installer can help with that as well. Different providers can offer warranties, expertise on solar panel installation and sometimes even information on local incentives and net metering programs.
Working with a licensed solar company can help your solar project go smoothly. 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
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 Pecan Plantation
Factors that Affect Solar Panel Costs in Pecan Plantation
The cost of installing a solar system in Pecan Plantation can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The size of the solar panel system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,330. The type of solar panels and equipment you want is another factor that will significantly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions 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 looking into a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are offered by most installers in Pecan Plantation, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more accessible.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Pecan Plantation is the company you get to install your PV system. As with choosing a company to build a deck or pool, for instance, there’s no shortage of solar installers that offer a range of services for different budgets.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 promotions to compete with those major players.
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 | $9,930 | 14.9 years |
| 8 kW | $3.40 | $19,021 | $13,613 | 14.6 years |
| 10 kW | $3.33 | $23,310 | $17,483 | 14.3 years |
| 12 kW | $3.26 | $27,413 | $21,539 | 14.0 years |
| 14 kW | $3.20 | $31,329 | $25,781 | 13.7 years |
| 16 kW | $3.13 | $35,058 | $30,210 | 13.4 years |
| 18 kW | $3.06 | $38,601 | $34,826 | 13.1 years |
| 20 kW | $3.00 | $41,958 | $39,628 | 12.9 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Pecan Plantation, 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: Different companies will offer various brands and kinds of panels. If you know you want a specific brand, make sure the solar company you’re considering has it.
- Contract: Though reading through a contract can be tedious, it’s important to do it fully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
- 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 past customers and solar experts like EcoWatch.
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 Pecan Plantation, TX Solar Cost FAQs
What is the average cost of installing solar panels in Pecan Plantation?
This is a tough question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $16,650 for a 5-kW system and $33,300 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have above-average energy needs. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Pecan Plantation?
You can’t get solar panels for free in Pecan Plantation. However, you may still be able to afford 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 you sell solar power back to the grid in Pecan Plantation?
Most states offer net metering programs of some kind. Through these, you can either be compensated for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Pecan Plantation?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them after having them for that long or you can keep using them at a lower efficiency.
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.