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
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Rockwall
Find out how much it might cost to install solar panels in Rockwall.
The average cost of a solar panel system in Rockwall is 3 per watt.To cover the typical energy needs of the average home in Rockwall, most homeowners require a 7.7-kilowatt system. Using the figure above, a solar installation costs about $17,969, or $25,696 before the federal solar tax credit of 0 is applied.
These figures are just averages, and how much solar costs for you will look different based on the amount of energy your home requires and what company you choose to go with.Despite the high upfront cost, the average Rockwall homeowner can save around $21,000 on their energy bills over 20 years, which is one of the advantages of solar.
Click the button below to get connected to a top solar panel company in Rockwall for a custom quote.
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
Many homeowners opt for a solar installation company since trying to install solar panels yourself can be hard. A solar company can also help save you money in the long run by offering warranties, repairs and part replacements.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 Rockwall
Factors that Affect Solar Panel Costs in Rockwall
The cost of installing a solar system in Rockwall can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
One of the most important 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 around $3,330 per kilowatt in Rockwall.The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Rockwall to be prohibitively expensive, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to higher prices over time because of interest.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The final significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of renewable energy solutions in Rockwall, you’ll have a great number of options to choose from, but each comes at different price points for labor and equipment.You may see national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, 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 | $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 company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years in most cases provide quality solar panel installation and expertise.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you choose.
- Installation Process: When making the switch to solar, it’s important to maintain an open line of communication with your solar company. Make sure you understand how the installation process works and the completion timeline.
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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 Rockwall, TX Solar Cost FAQs
How much does it cost to install solar panels in Rockwall?
This is a difficult question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $16,650 for a 5-kW system and $33,300 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you want a smaller solar panel system or cheaper 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 get 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.
Does Rockwall have a net metering program?
Each state has some form 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 electricity bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can take a 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 get 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.