Solar Panel Cost Guide in Poteet, TX (Mar 2023)
- Poteet Solar Installation Cost: $13,821
- 25-Year Savings: $21,210
- Payback Period: 9.9 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Poteet
See how much it might cost to install solar panels in Poteet.
In Poteet, solar panels cost about 2.69 per watt on average. The average solar panel system size in Poteet is around 7.3 kilowatts, meaning a cost of about $13,821 for a solar installation, or $19,764 before the 30% federal solar tax credit is applied.
How much you pay can go higher or lower than the average in Poteet depending on a few factors, such as the brand of solar panels you choose and the solar contractor you hire. For many homeowners, the upfront cost of solar is worth paying. On average Poteet homeowners see about $18,000 in savings on electricity bills over 20 years.
To get a free estimate from a vetted solar company in Poteet, you can click the button below.
Solar savings over time in Poteet
| Year | Return on Investment |
|---|---|
| 1 years | $-12,420 |
| 3 years | $-9,617 |
| 5 years | $-6,815 |
| 7 years | $-4,012 |
| 9 years | $-1,210 |
| 11 years | $1,593 |
| 13 years | $4,395 |
| 15 years | $7,198 |
| 17 years | $10,000 |
| 19 years | $12,803 |
| 21 years | $15,605 |
| 23 years | $18,408 |
| 25 years | $21,210 |
Top Solar Installers in Poteet
When going solar, many homeowners prefer to go with a solar installer since overseeing your solar installation yourself can be a difficult project. Plus, if you aren't sure what kind of solar panels and equipment you need, a solar installer can help you figure that out after a site survey and consultation.
There are various licensed solar professionals that can help you install your solar panels. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Poteet
Factors that Affect Solar Panel Costs in Poteet
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that determine your overall cost in Poteet: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
The size of the solar energy system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,690. There are several different solar panel brands and the one you pick also affects the cost. In general, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you want 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
If paying for solar panels out of pocket is difficult, solar loans are a popular choice because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. 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 back the loan.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panel system can affect how much it costs. Poteet's solar companies all have different labor costs and add varying upcharges to equipment. You may come across 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 larger 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 | $16,900 | 10.3 years |
| 8 kW | $2.74 | $15,365 | $22,835 | 10.1 years |
| 10 kW | $2.69 | $18,830 | $28,920 | 9.9 years |
| 12 kW | $2.64 | $22,144 | $35,156 | 9.7 years |
| 14 kW | $2.58 | $25,308 | $41,542 | 9.5 years |
| 16 kW | $2.53 | $28,320 | $48,079 | 9.3 years |
| 18 kW | $2.47 | $31,182 | $54,767 | 9.1 years |
| 20 kW | $2.42 | $33,894 | $61,606 | 8.9 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Reputation: Long-running companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. While there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you ask for their list of offerings before making your decision.
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Poteet, TX Solar Cost FAQs
What is the average cost of installing solar panels in Poteet?
This is a difficult question to answer exactly, because the cost depends on many 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. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Poteet?
Solar panels aren't free in Poteet, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Can you sell solar power back to the grid in Poteet?
The majority of states offer net metering programs of some kind. Through these, you can get paid for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
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.