Solar Panel Cost Guide in Round Rock, TX (Dec 2022)

  • Round Rock Solar Installation Cost: $14,198
  • 25-Year Savings: $22,416
  • Payback Period: 9.7 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Round Rock

Let's have a look at the average cost of solar panels in Round Rock.

The national average cost of solar panels is $2.66 per watt, but in Round Rock it's $3 per watt. The average solar panel system size in Round Rock is around 7.5 kilowatts, meaning a cost of about $14,198 for a solar installation, or $10,507 after the 30% federal solar tax credit is applied.

How much you pay can go higher or lower than the average in Round Rock depending on several factors, such as the type of solar panels you choose and the solar installer you hire. Despite the high initial cost, the average Round Rock homeowner can save around $18,000 on their electricity bills over 20 years, which is one of the perks of solar.

You can click the button below to get connected with a pre-vetted solar company in Round Rock for a quote for your home.

Solar savings over time in Round Rock

Year Return on Investment
1 years $-12,733
3 years $-9,804
5 years $-6,875
7 years $-3,946
9 years $-1,017
11 years $1,912
13 years $4,841
15 years $7,771
17 years $10,700
19 years $13,629
21 years $16,558
23 years $19,487
25 years $22,416

Top Solar Installers in Round Rock

Although you can install solar panels on your own, it takes extra energy and knowledge. For that reason, most people choose to go with a solar panel installer. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long run because of their warranties, repair services and expert design.

If you're on the hunt for a solar installer in Round Rock, we've organized a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Round Rock

Factors that Affect Solar Panel Costs in Round Rock

Cost is often one of the most important factors for homeowners considering investing in solar. There are a few key factors that will push your cost above or below the average in Round Rock: 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

When it comes to estimating the cost of a solar panel system in Round Rock, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy consumption, which you can gauge by looking at past electricity bills. Your total cost can increase by around $2,690 for each additional kilowatt you need. There are many different solar panel brands and the one you choose also affects the cost. Typically, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you choose can affect your total cost. If you only 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 a solar system in cash is difficult, solar loans are an affordable route because they reduce your upfront costs and allow you to pay for your system over five to seven years on average. Even though solar loans make switching to solar energy more accessible for Round Rock homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

The solar company you select will play a role in your total cost to go solar. Different companies will charge different amounts for the equipment and labor. You may notice national solar installers that have lower prices due to their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.

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 $17,372 10.1 years
8 kW $2.74 $15,365 $23,464 9.9 years
10 kW $2.69 $18,830 $29,707 9.7 years
12 kW $2.64 $22,144 $36,100 9.5 years
14 kW $2.58 $25,308 $42,644 9.3 years
16 kW $2.53 $28,320 $49,339 9.1 years
18 kW $2.47 $31,182 $56,184 8.9 years
20 kW $2.42 $33,894 $63,180 8.7 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 choosing a company can be a tough decision, we have some tips to help you, such as:

  • Contract: When reading through your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
  • Installation Process: Make sure you're aligned with the company with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
  • Solar Panel Brands: The type of solar panel you'd like plays a role in which company you should opt for, since different companies provide different panels.
  • Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Round Rock, TX Solar Cost FAQs

How much does it cost to install solar panels in Round Rock?

This is a hard 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 extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.

Should I lease or buy solar panels in Round Rock?

Leasing solar panels can be an appealing choice, because it typically comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better way to go if you want to get the most savings.

Is it worth going solar in Round Rock?

Solar panels can be a great investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already fairly low, solar panels might not be for you.

How long do solar panels last in Round Rock?

Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them after having them for that long or you can continue to use them at a lower efficiency.

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.

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