Solar Panel Cost Guide in Plainview, TX (Dec 2022)

  • Plainview Solar Installation Cost: $13,294
  • 25-Year Savings: $28,482
  • Payback Period: 8.0 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated December 8, 2022

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Average Cost of Solar Panels in Plainview

We break down average solar pricing in Plainview.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Plainview, the average cost of solar panels is $3 per watt. The average solar panel system size in Plainview is around 7.1 kilowatts, meaning a cost of about $13,294 for a solar installation, or $9,838 after the 30% federal solar tax credit is applied.

Keep in mind that the figures above are only estimates based on the average Plainview homeowner. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. Despite the large upfront cost, the average Plainview homeowner can save about $22,000 on their power bills over 20 years, which is one of the advantages of solar.

Click the button below to get connected to a top solar installer in Plainview for a personalized estimate.

Solar savings over time in Plainview

Year Return on Investment
1 years $-11,623
3 years $-8,281
5 years $-4,939
7 years $-1,597
9 years $1,745
11 years $5,087
13 years $8,429
15 years $11,771
17 years $15,113
19 years $18,455
21 years $21,797
23 years $25,139
25 years $28,482

Top Solar Installers in Plainview

When making the switch to solar, many homeowners choose to go with a solar installation company since installing solar panels yourself can be a time-consuming project. Companies can also have access to a large variety of the best solar panels and help you pick which one will be best for you.

You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some in Plainview:

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 Plainview

Factors that Affect Solar Panel Costs in Plainview

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

Solar Equipment

When it comes to estimating the price of a solar energy system in Plainview, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy consumption, which you can figure out by looking at past energy bills. Your overall cost can increase by around $2,690 for each additional kilowatt you need. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Plainview, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are offered by most installers in Plainview, which can reduce, or in some cases totally eliminate, your upfront costs to make 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 the amount of time it'll take to pay back the loan.

Solar Panel Installation Company

A final consideration when trying to evaluate the cost of solar for your home or business in Plainview is the company you hire to install your solar system. As with choosing a company to renovate your kitchen, for example, there are plenty of solar installers that provide a range of services at different costs. The size of the company sometimes plays the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because of 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 promotion 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 $2.80 $11,750 $23,751 8.3 years
8 kW $2.74 $15,365 $31,969 8.1 years
10 kW $2.69 $18,830 $40,338 8.0 years
12 kW $2.64 $22,144 $48,858 7.8 years
14 kW $2.58 $25,308 $57,528 7.6 years
16 kW $2.53 $28,320 $66,349 7.5 years
18 kW $2.47 $31,182 $75,320 7.3 years
20 kW $2.42 $33,894 $84,442 7.2 years

How to Save on Solar Panels

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

  • Solar Panel Brands: Different companies carry different brands and kinds of panels. If you know you want a specific brand, make sure the solar panel company you're considering has it.
  • Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
  • Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like EcoWatch.
  • Contract: Review the contract terms closely to make sure you understand the cost breakdown, project completion timeline incentives and warranties.

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 Plainview, TX Solar Cost FAQs

What is the average cost of installing solar panels in Plainview?

This is a difficult question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $13,450 for a 5-kW system and $26,900 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or cheaper solar panels.

Should I lease or buy solar panels in Plainview?

Leasing solar panels can be an attractive choice, because it typically comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better way to go if you want to get the most savings.

Does Plainview have a net metering program?

Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future power bills.

How long do solar panels last in Plainview?

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 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.

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