Solar Panel Cost Guide in Rowlett, TX (2023 Update)
- Rowlett Solar Installation Cost: $17,950
- 25-Year Savings: $23,134
- Payback Period: 11.9 Years
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Updated October 25, 2023
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Average Cost of Solar Panels in Rowlett
Find out how much it might cost to switch to solar power in Rowlett.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Rowlett, the typical cost of solar panels is 3 per watt.To account for the typical energy usage of the average home in Rowlett, most homeowners require a 7.7-kilowatt system. Using the figure above, a solar installation costs about $17,950, or $25,668 before the federal solar tax credit of 0 is applied.
The true price you pay can be above or below the average in Rowlett based on a variety of factors, such as the brand of solar panels you choose and the solar contractor you hire.With average savings of about $19,000 on utility bills over 20 years, many homeowners in Rowlett find installing solar panels can pay off big.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Rowlett
| Year | Return on Investment |
|---|---|
| 1 years | $-16,471 |
| 3 years | $-13,513 |
| 5 years | $-10,555 |
| 7 years | $-7,597 |
| 9 years | $-4,640 |
| 11 years | $-1,682 |
| 13 years | $1,276 |
| 15 years | $4,233 |
| 17 years | $7,191 |
| 19 years | $10,149 |
| 21 years | $13,107 |
| 23 years | $16,064 |
| 25 years | $19,022 |
Top Solar Installers in Rowlett
When switching to solar energy, many homeowners decide to go with a solar company since overseeing your solar installation yourself can be a time-consuming project. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and component replacements.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some in Rowlett:
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 Rowlett
Factors that Affect Solar Panel Costs in Rowlett
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that will push your cost above or below the average in Rowlett: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That’s why it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use.The brand and kind of equipment you want 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. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is difficult, solar loans are an affordable choice because they reduce your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
The solar installer you select will play a role in your total cost to go solar. Different companies will charge different amounts for the equipment and labor.Additionally, some companies in Rowlett know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, 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 | $3.46 | $14,545 | $14,778 | 12.4 years |
| 8 kW | $3.40 | $19,021 | $20,077 | 12.2 years |
| 10 kW | $3.33 | $23,310 | $25,562 | 11.9 years |
| 12 kW | $3.26 | $27,413 | $31,234 | 11.7 years |
| 14 kW | $3.20 | $31,329 | $37,093 | 11.4 years |
| 16 kW | $3.13 | $35,058 | $43,137 | 11.2 years |
| 18 kW | $3.06 | $38,601 | $49,369 | 11.0 years |
| 20 kW | $3.00 | $41,958 | $55,786 | 10.7 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. While there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to take a look at their list of offerings before making your decision.
- Warranty: Warranties that cover panel repairs and maintenance over a couple decades are the gold standard in the business, and offering that kind of warranty is one indication of a good company.
- Installation Process: When making the switch to solar energy, it’s necessary to maintain an open line of communication with your solar company. See to it that you understand how the installation process works and the completion timeline.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can research your installer’s reputation is by reading reviews.
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 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 $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Rowlett?
Solar panels aren’t free in Rowlett, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Can solar panels significantly reduce my electricity bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Rowlett, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the average daily 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 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.