Solar Panel Cost Guide in Rowlett, TX (Mar 2023)
- Rowlett Solar Installation Cost: $14,499
- 25-Year Savings: $23,134
- Payback Period: 9.6 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Rowlett
Let's have a look at the average cost of solar panels in Rowlett.
In Rowlett, solar panels cost about 2.69 per watt on average. The average Rowlett homeowner needs a 7.7-kilowatt system, which would cost about $14,499 with the federal tax credit, or $20,734 before the 30% tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Rowlett homeowner. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. Despite the large upfront cost, the average Rowlett homeowner can save around $19,000 on their electricity bills over 20 years, which is one of the benefits of solar.
For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Rowlett
Year | Return on Investment |
---|---|
1 years | $-12,994 |
3 years | $-9,983 |
5 years | $-6,972 |
7 years | $-3,962 |
9 years | $-951 |
11 years | $2,060 |
13 years | $5,070 |
15 years | $8,081 |
17 years | $11,092 |
19 years | $14,102 |
21 years | $17,113 |
23 years | $20,124 |
25 years | $23,134 |
Top Solar Installers in Rowlett
When going solar, many homeowners decide to hire a solar company since installing a solar system yourself can be a time-consuming project. 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 avoiding potential costs down the line.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some near you:
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 Rowlett
Factors that Affect Solar Panel Costs in Rowlett
The cost of installing a solar system in Rowlett can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is the size of the system you need, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,690. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Rowlett, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of 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
Most solar companies in Rowlett provide solar loans, which reduce your upfront costs of installing a solar system. When estimating your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you get to install your solar panel system can play a role in determining your pricing. Rowlett's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Rowlett have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $17,573 | 10.0 years |
8 kW | $2.74 | $15,365 | $23,733 | 9.8 years |
10 kW | $2.69 | $18,830 | $30,042 | 9.6 years |
12 kW | $2.64 | $22,144 | $36,503 | 9.4 years |
14 kW | $2.58 | $25,308 | $43,114 | 9.2 years |
16 kW | $2.53 | $28,320 | $49,875 | 9.1 years |
18 kW | $2.47 | $31,182 | $56,788 | 8.9 years |
20 kW | $2.42 | $33,894 | $63,850 | 8.7 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity 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.
- Contract: Look through the contract terms carefully to make sure you understand how much it will cost, completion timeline rebates and warranties.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
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 Rowlett, TX Solar Cost FAQs
How much does it cost to install solar panels in Rowlett?
The average cost of solar panels in Rowlett is about $13,450 for a 5-kW system and $26,900 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Rowlett have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can either 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.
How often do you have to replace solar panels?
Even 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 their energy production will have decreased significantly after that point. You can opt to 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.