Solar Panel Cost Guide in Pilot Point, TX (Nov 2022)

  • Pilot Point Solar Installation Cost: $14,499
  • 25-Year Savings: $22,824
  • Payback Period: 9.7 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Pilot Point

Here's how much it might cost to go solar in Pilot Point.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Pilot Point, the average cost of a solar system is $3 per watt. To account for the typical energy usage of the average home in Pilot Point, most homeowners require a 7.7-kilowatt system. Using the per-watt figure above, a solar installation costs around $14,499, or $10,729 after the federal solar tax credit of 30% is applied.

These figures are only averages, and how much solar costs for you will differ based on your energy needs and what company you want to go with. But, after you've paid the upfront cost of installation, the savings for most homeowners is usually fruitful, with a net average savings of about $18,000 over 20 years on energy bills.

To receive a free quote from a top solar installation company in Pilot Point, you can click the button below.

Solar savings over time in Pilot Point

Year Return on Investment
1 years $-13,006
3 years $-10,020
5 years $-7,035
7 years $-4,049
9 years $-1,063
11 years $1,923
13 years $4,909
15 years $7,895
17 years $10,880
19 years $13,866
21 years $16,852
23 years $19,838
25 years $22,824

Top Solar Installers in Pilot Point

Although you can install solar panels on your own, it takes extra energy and handiness. That's one of the reasons most people choose a solar panel installer. The expertise that solar companies provide can be helpful as well, particularly if you aren't sure what kind of solar equipment would be right for your home.

There are various licensed solar professionals that can help you install your solar panels. Here are our suggestions:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Pilot Point

Factors that Affect Solar Panel Costs in Pilot Point

Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few primary factors that determine your overall cost in Pilot Point: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.

Solar Equipment

Size is one of the largest factors that influences the overall cost of going solar. Because of that, it's a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for 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, more efficient panels could save you more over time on your electric bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Pilot Point average.

Solar Financing Terms

Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Pilot Point homeowners opt to finance their solar panel systems to make going solar more affordable. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay back the loan.

Solar Panel Installation Company

The solar panel installer you pick will affect your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor. Additionally, some companies in Pilot Point know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.

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 $17,326 10.1 years
8 kW $2.74 $15,365 $23,402 9.9 years
10 kW $2.69 $18,830 $29,629 9.7 years
12 kW $2.64 $22,144 $36,007 9.5 years
14 kW $2.58 $25,308 $42,535 9.3 years
16 kW $2.53 $28,320 $49,214 9.1 years
18 kW $2.47 $31,182 $56,044 8.9 years
20 kW $2.42 $33,894 $63,024 8.7 years

How to Save on Solar Panels

Since the model of solar panels and the company you choose considerably impacts your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:

  • Contract: When reading through your solar installer's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system part breaking or the company going out of business.
  • 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 installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
  • Installation Process: Get details from your solar installer about the installation process and what to expect, including when the site survey will be done and how long it will take.
  • Solar Panel Brands: The type of solar panel you want plays a role in which installer you should opt for, since different companies offer different panels.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Pilot Point, TX Solar Cost FAQs

What is the average cost of installing solar panels in Pilot Point?

This is a difficult question to answer exactly, because the cost depends on a few different 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. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.

Are solar panels free in Pilot Point?

You can't get solar panels for free in Pilot Point. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.

How will solar panels impact the value of my 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 Pilot Point is currently $239,010, so you could be looking at a value of about $9,799 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Pilot Point is a fruitful investment.

How long do solar panels last in Pilot Point?

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 choose to replace them once you've had 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.

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