Solar Panel Cost Guide in Rockwall, TX (2024 Update)
- Rockwall Solar Installation Cost: $17,969
- 25-Year Savings: $27,237
- Payback Period: 10.8 Years
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Average Cost of Solar Panels in Rockwall
Find out how much it might cost to install solar panels in Rockwall.
The average cost of solar panels in Rockwall is 3 per watt.The average solar panel system size in Rockwall is around 7.7 kilowatts, meaning a cost of about $17,969 for a solar installation, or $25,696 before the 0 federal solar tax credit is applied.
These figures are just estimates, and your own solar costs may differ based on the amount of energy your home requires and what company you choose to go with.Many homeowners find adopting solar power is a sound investment. The average homeowner in Rockwall can save around $21,000 on their energy bills over 20 years.
To receive a free estimate from a vetted solar company in Rockwall, you can click the button below.
Solar savings over time in Rockwall
| Year | Return on Investment |
|---|---|
| 1 years | $-16,467 |
| 3 years | $-13,462 |
| 5 years | $-10,458 |
| 7 years | $-7,454 |
| 9 years | $-4,450 |
| 11 years | $-1,446 |
| 13 years | $1,559 |
| 15 years | $4,563 |
| 17 years | $7,567 |
| 19 years | $10,571 |
| 21 years | $13,575 |
| 23 years | $16,580 |
| 25 years | $19,584 |
Top Solar Installers in Rockwall
Trying to install solar panels yourself can be a challenging undertaking, which is why hiring a solar installer is a good option for many homeowners. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long term because of their warranties, repair services and expert design.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some nearby:
Best National Provider
SunPower
- 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
- 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 Rockwall
Factors that Affect Solar Panel Costs in Rockwall
There are a number of criteria that can affect your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
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 power your household consumes, the larger your system will likely need to be. You can expect to pay about $3,330 per kilowatt in Rockwall.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Rockwall, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Rockwall to be prohibitively steep, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides access to financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also result in paying more over time because of interest.However, the interest on solar loans also adds to your total costs, so it’s vital to keep that in mind as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar system can influence your pricing. Rockwall’s solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials 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 | $3.46 | $14,545 | $17,952 | 11.2 years |
| 8 kW | $3.40 | $19,021 | $24,310 | 11.0 years |
| 10 kW | $3.33 | $23,310 | $30,853 | 10.8 years |
| 12 kW | $3.26 | $27,413 | $37,583 | 10.5 years |
| 14 kW | $3.20 | $31,329 | $44,500 | 10.3 years |
| 16 kW | $3.13 | $35,058 | $51,603 | 10.1 years |
| 18 kW | $3.06 | $38,601 | $58,892 | 9.9 years |
| 20 kW | $3.00 | $41,958 | $66,368 | 9.7 years |
How to Save on Solar Panels
The solar company you go with will be a major factor in determining not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should take into account, such as:
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Installation Process: Make sure you’re on the same page with the installer regarding how the installation process will go and what needs to be done before your solar system is installed, such as updating or replacing your electrical system or roof.
- Warranty: Warranties that cover panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one indication of a quality company.
Best National Provider
SunPower
- 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
- 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 Rockwall, TX Solar Cost FAQs
How much does it cost to install solar panels in Rockwall?
This is a hard question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $16,650 for a 5-kW system and $33,300 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have above-average energy usage. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Are solar panels free in Rockwall?
You can’t get solar panels for free in Rockwall. 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 want to own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Rockwall?
Most states have net metering programs of some kind. Through these, you can receive compensation for the extra power your system generates or or receive credits to put toward future energy 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 the amount of 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.