Solar Panel Cost Guide in Sandy Oaks, TX (2023 Update)
- Sandy Oaks Solar Installation Cost: $14,110
- 25-Year Savings: $21,917
- Payback Period: 9.8 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Sandy Oaks
Here's how much it might cost to make the switch to solar in Sandy Oaks.
The average cost of solar panels in Sandy Oaks is 2.69 per watt. Since a 7.5-kW system is needed to cover the energy usage of a typical home in Sandy Oaks, the average price of going solar will be about $14,104 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The exact cost of making the switch to solar can vary based on a few factors, such as what size system you need, your energy usage and what company you go with. Many homeowners find installing solar panels is a sound investment. The average homeowner in Sandy Oaks can save around $18,000 on their power bills over 20 years.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Sandy Oaks
| Year | Return on Investment |
|---|---|
| 1 years | $-12,782 |
| 3 years | $-10,127 |
| 5 years | $-7,471 |
| 7 years | $-4,816 |
| 9 years | $-2,160 |
| 11 years | $495 |
| 13 years | $3,151 |
| 15 years | $5,806 |
| 17 years | $8,462 |
| 19 years | $11,117 |
| 21 years | $13,773 |
| 23 years | $16,428 |
| 25 years | $19,084 |
Top Solar Installers in Sandy Oaks
Many homeowners choose to use a solar installer since figuring out how to install solar panels yourself can be time-consuming. Also, companies with a high reputation that cost more upfront could actually save you money in the long run due to their warranties, repair services and expert design.
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 Sandy Oaks:
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 Sandy Oaks
Factors that Affect Solar Panel Costs in Sandy Oaks
There are a number of factors that can affect your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. For that reason, it's a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use. The kind of solar panels and equipment you choose is another factor that will largely influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Further, 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 looking into a solar system that's in your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are provided by most installers in Sandy Oaks, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible. You'll have to consider the long-term cost of loans, including the amount of 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 finding a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar system can impact how much it costs. Sandy Oaks' solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices due to their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials 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 | $17,097 | 10.2 years |
| 8 kW | $2.74 | $15,365 | $23,098 | 10.0 years |
| 10 kW | $2.69 | $18,830 | $29,249 | 9.8 years |
| 12 kW | $2.64 | $22,144 | $35,551 | 9.6 years |
| 14 kW | $2.58 | $25,308 | $42,003 | 9.4 years |
| 16 kW | $2.53 | $28,320 | $48,606 | 9.2 years |
| 18 kW | $2.47 | $31,182 | $55,359 | 9.0 years |
| 20 kW | $2.42 | $33,894 | $62,264 | 8.8 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Sandy Oaks, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Contract: When looking through your solar company's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Companies that have been in business for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: The brand of solar panel you need to install plays a part in which company you should choose, since different companies have access to different panels.
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 Sandy Oaks, TX Solar Cost FAQs
What is the average cost of installing solar panels in Sandy Oaks?
The average cost of solar panels in Sandy Oaks is about $13,450 for a 5-kW system and $26,900 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider in addition to cost when buying solar panels?
The initial cost is a very important factor to consider, but whether it's the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Can solar panels completely eradicate my power bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Sandy Oaks, that will require at least a 10-kW system. Not all homes will have roofs that 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.
How long do solar panels last in Sandy Oaks?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them once you've had 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.