Solar Panel Cost Guide in Roma, TX (2024 Update)
- Roma Solar Installation Cost: $16,232
- 25-Year Savings: $27,347
- Payback Period: 10.0 Years
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Average Cost of Solar Panels in Roma
Find out what the average cost of solar panel installation is in Roma.
Although the national average of solar panels is $2.66 per watt, solar panels in Roma generally cost around 3.Since a 7.0-kW system is needed to cover the energy usage of a typical home in Roma, the average price of going solar will be about $16,232 after claiming the federal solar tax credit of 0.
The true price you pay can be higher or lower than the average in Roma based on a variety of factors, such as the kind of solar panels you choose and the solar contractor you hire.Even with the large initial cost, the average Roma homeowner can save around $22,000 on their energy bills over 20 years, which is one of the perks of solar.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Roma
| Year | Return on Investment |
|---|---|
| 1 years | $-14,716 |
| 3 years | $-11,685 |
| 5 years | $-8,654 |
| 7 years | $-5,622 |
| 9 years | $-2,591 |
| 11 years | $441 |
| 13 years | $3,472 |
| 15 years | $6,503 |
| 17 years | $9,535 |
| 19 years | $12,566 |
| 21 years | $15,598 |
| 23 years | $18,629 |
| 25 years | $21,660 |
Top Solar Installers in Roma
Many homeowners opt for a solar installation company since installing solar panels on your own can be a labor-intensive endeavor. Since solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 Roma
Factors that Affect Solar Panel Costs in Roma
Even though the average cost of a solar system in Roma is $16,232, your actual cost may be higher or lower than that. There are several factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.
Solar Equipment
The size of the solar energy system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,330. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your energy bills. In addition, extra products, like solar batteries, can bring your total well above the Roma average.
Solar Financing Terms
Most solar installers in Roma have solar loans, which reduce the initial cost of installing solar panels.You’ll have to consider the long-term cost of loans, including the total 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 more than the original cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The solar installation company you select will play a role in your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and find a company that offers the products, warranties and services you’re looking for and also fits within your budget.
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 | $20,315 | 10.4 years |
| 8 kW | $3.40 | $19,021 | $27,460 | 10.2 years |
| 10 kW | $3.33 | $23,310 | $34,791 | 10.0 years |
| 12 kW | $3.26 | $27,413 | $42,309 | 9.8 years |
| 14 kW | $3.20 | $31,329 | $50,013 | 9.6 years |
| 16 kW | $3.13 | $35,058 | $57,904 | 9.4 years |
| 18 kW | $3.06 | $38,601 | $65,981 | 9.2 years |
| 20 kW | $3.00 | $41,958 | $74,245 | 9.0 years |
How to Save on Solar Panels
The solar panel company you opt for will influence not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should keep in mind, including:
- Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- Solar Panel Brands: Different companies will have various brands and types of panels. If you want a specific brand, make sure the solar installer you’re considering has it.
- Installation Process: Make sure you’re on the same page with the company in regard to how the installation process will go and what you need to do before your solar panel system is installed, such as updating your electrical system or roof.
- Contract: It’s important to look over your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
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 Roma, TX Solar Cost FAQs
What is the average cost of installing solar panels in Roma?
The average cost of solar panels in Roma is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the actual cost will depend on things like the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Roma?
Solar panels aren’t free in Roma, 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 help lower the cost.
Do solar panels increase your home value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Roma is currently $203,794, so you could be looking at a value of about $8,356 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Roma is a rewarding investment.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage 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 buy between 20 and 35 panels to cover 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.