Solar Panel Cost Guide in Pecan Plantation, TX (2023 Update)
- Pecan Plantation Solar Installation Cost: $17,630
- 25-Year Savings: $16,611
- Payback Period: 14.3 Years
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Updated October 25, 2023
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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.Using this figure, a typical 7.6-kW system would cost about $17,630 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The true cost of making the switch to solar can vary based on several factors, such as what size system you need, your energy consumption and what company you go with.But, once you've paid the upfront cost of installation, the return on investment for most homeowners is usually good, with a net average savings of about $16,000 over 20 years on electricity bills.
To get a free quote from a pre-vetted solar installer 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
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a pain. Using an installer can make converting to solar power much easier. Some solar installers, particularly local ones, can help you better understand incentives in Pecan Plantation, optimizing your ROI.
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
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 determined by several factors. The largest one is your system size, 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. There are a lot of different solar panel brands and the one you pick also affects the cost. In many cases, the brands that are more efficient tend to also be more expensive. In addition, the type of equipment you’re looking to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
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 lower, or in some cases completely eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also adds to your all-in costs, so it’s crucial to consider that as well. You can always bring down the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panel system can affect your pricing. Pecan Plantation’s solar companies all have different labor costs and add varying upcharges to equipment. The size of the company can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to more resources and better 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 lower 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 | $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
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Although there are many options for which model 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.
- Contract: When reading over your solar installer’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Installation Process: When going solar, it’s necessary to keep an open line of communication with your solar panel installer. See to it that you understand how the installation process works and the project completion timeline.
- Reputation: Companies that have been operating for many years likely have a good 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
EcoWatch's Pecan Plantation, TX Solar Cost FAQs
What is the average cost of installing solar panels in Pecan Plantation?
The average cost of solar panels in Pecan Plantation 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 certain factors like the model of solar panels you want, what size system you need and how much energy you consume.
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’d prefer 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?
The majority of states offer net metering programs of some kind. Through these, you can either get paid for the extra power your system produces 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 often do you have to replace solar panels?
On average, solar panels can last 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.