Solar Panel Cost Guide in Port Lavaca, TX (2024 Update)
- Port Lavaca Solar Installation Cost: $16,590
- 25-Year Savings: $23,784
- Payback Period: 11.2 Years
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Average Cost of Solar Panels in Port Lavaca
Find out what the average cost of a solar system is in Port Lavaca.
While the national average of solar panels is $2.66 per watt, solar panels in Port Lavaca generally cost about 3.Using this figure, a typical 7.1-kW system would cost about $16,590 before the 0 federal solar tax credit is applied.
How much you pay can be above or below the average in Port Lavaca based on a few factors, such as the type of solar panels you choose and the solar company you hire.Many homeowners find going solar is a sound investment. The average homeowner in Port Lavaca can save around $20,000 on their energy bills over 20 years.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Port Lavaca
| Year | Return on Investment |
|---|---|
| 1 years | $-15,187 |
| 3 years | $-12,381 |
| 5 years | $-9,574 |
| 7 years | $-6,768 |
| 9 years | $-3,961 |
| 11 years | $-1,155 |
| 13 years | $1,651 |
| 15 years | $4,458 |
| 17 years | $7,264 |
| 19 years | $10,071 |
| 21 years | $12,877 |
| 23 years | $15,684 |
| 25 years | $18,490 |
Top Solar Installers in Port Lavaca
Although you can install solar panels by yourself, it takes extra labor and expertise. That's why most people choose a solar panel installer. Local solar installation companies can also help you maximize your return on investment by assisting with any local incentives you can take advantage of and by providing warranties and repairs.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some in Port Lavaca:
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 Port Lavaca
Factors that Affect Solar Panel Costs in Port Lavaca
Cost is often 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 Port Lavaca: 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
One of the most significant 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 uses, the larger your system will likely need to be. You can expect to spend around $3,330 per kilowatt in Port Lavaca.The type of solar panels and equipment you choose is another factor that will largely affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Furthermore, solar equipment is more than just the solar panels themselves. You’ll also need to consider 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 for a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Port Lavaca to be too costly, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also result in paying more over time because of interest.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The solar installer you pick will influence your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor.Additionally, some companies in Port Lavaca 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 | $3.46 | $14,545 | $16,803 | 11.6 years |
| 8 kW | $3.40 | $19,021 | $22,777 | 11.4 years |
| 10 kW | $3.33 | $23,310 | $28,938 | 11.2 years |
| 12 kW | $3.26 | $27,413 | $35,285 | 10.9 years |
| 14 kW | $3.20 | $31,329 | $41,818 | 10.7 years |
| 16 kW | $3.13 | $35,058 | $48,538 | 10.5 years |
| 18 kW | $3.06 | $38,601 | $55,445 | 10.3 years |
| 20 kW | $3.00 | $41,958 | $62,538 | 10.0 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 picking a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should acquire and how long the project will take.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years likely provide high-quality solar panel installation and expertise.
- Warranty: If you care about the endurance of your solar system, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.
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 Port Lavaca, TX Solar Cost FAQs
What is the average cost of installing solar panels in Port Lavaca?
The average cost of solar panels in Port Lavaca is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the real cost will depend on things such as the kind of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider aside from cost 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 your reasons for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Do solar panels increase the value of your home?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Port Lavaca is currently $179,649, so you can look forward to a value of about $7,366 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Port Lavaca is a worthwhile investment.
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 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.