Solar Panel Cost Guide in Sachse, TX (Mar 2023)
- Sachse Solar Installation Cost: $14,518
- 25-Year Savings: $23,802
- Payback Period: 9.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Sachse
Let's have a look at the average cost of solar in Sachse.
The national average cost of solar panels is $2.66 per watt, but in Sachse it's 2.69 per watt. To cover the typical energy usage of the average home in Sachse, most homeowners require a 7.7-kilowatt system. Using the figure above, a solar installation costs about $14,518, or $20,761 before the federal solar tax credit of 30% is applied.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy needs, the type of equipment you want to get, your solar contractor and more. With typical savings of about $19,000 on utility bills over 20 years, many homeowners in Sachse find investing in solar can be quite rewarding.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Sachse
| Year | Return on Investment |
|---|---|
| 1 years | $-12,985 |
| 3 years | $-9,920 |
| 5 years | $-6,854 |
| 7 years | $-3,788 |
| 9 years | $-723 |
| 11 years | $2,343 |
| 13 years | $5,408 |
| 15 years | $8,474 |
| 17 years | $11,540 |
| 19 years | $14,605 |
| 21 years | $17,671 |
| 23 years | $20,736 |
| 25 years | $23,802 |
Top Solar Installers in Sachse
When going solar, many homeowners choose to hire a solar installer since DIY solar panel installation can be a difficult project. Some solar installers, especially local ones, can help you take advantage of incentives in Sachse, thereby optimizing your ROI.
Working with a professional solar company can make going solar easier. Here are our recommendations:
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 Sachse
Factors that Affect Solar Panel Costs in Sachse
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that will push your cost above or below the average in Sachse: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
The size of the solar system you need for your home, 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 about $2,690. The model of solar panels and equipment you choose is another factor that will greatly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment consists of more than just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that's in your budget.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That's why many Sachse homeowners decide to finance their solar panel systems to offset upfront costs. 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're only able to 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 finding a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Sachse is the company you choose to install your solar system. Similar to choosing a company to renovate your kitchen, for example, there's no shortage of solar installers that offer a range of services at different costs. Companies that only sell products with high efficiency and therefore a higher price point — 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 decide on the company that provides 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 | $2.80 | $11,750 | $18,059 | 9.9 years |
| 8 kW | $2.74 | $15,365 | $24,380 | 9.7 years |
| 10 kW | $2.69 | $18,830 | $30,852 | 9.5 years |
| 12 kW | $2.64 | $22,144 | $37,474 | 9.3 years |
| 14 kW | $2.58 | $25,308 | $44,247 | 9.1 years |
| 16 kW | $2.53 | $28,320 | $51,171 | 8.9 years |
| 18 kW | $2.47 | $31,182 | $58,245 | 8.7 years |
| 20 kW | $2.42 | $33,894 | $65,470 | 8.5 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, 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: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Contract: When looking through your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
- Solar Panel Brands: Different companies will carry different brands and models of panels. If you want a specific brand, make sure the solar installer you're considering has it.
- Warranty: A comprehensive, long-term warranty can help keep your solar system running for a long time and save you money on repairs and maintenance.
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 Sachse, TX Solar Cost FAQs
How much does it cost to install solar panels in Sachse?
The average cost of solar panels in Sachse 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 kind of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Sachse?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
How will solar panels impact how much my home is worth?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Sachse is currently $236,567, which means you can look forward to a value of about $9,699 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Sachse is a fruitful investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption 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 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.