Solar Panel Cost Guide in Scenic Oaks, TX (2023 Update)
- Scenic Oaks Solar Installation Cost: $14,110
- 25-Year Savings: $22,906
- Payback Period: 9.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Scenic Oaks
Find out what the average cost of solar panel installation is in Scenic Oaks.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Scenic Oaks, the typical cost of a solar system is 2.69 per watt. Because a 7.5-kW system is needed to cover the energy usage of a typical home in Scenic Oaks, the average price of going solar will be about $14,104 after claiming the federal solar tax credit of 30%.
These figures are just estimates, and your own solar costs may vary based on factors unique to your home and what company you go with. For most homeowners, the upfront cost of solar panels is worth paying. On average homeowners in Scenic Oaks see about $19,000 in savings on energy bills over 20 years.
Click the button below to get connected to a vetted solar panel company in Scenic Oaks for a custom quote.
Solar savings over time in Scenic Oaks
| Year | Return on Investment |
|---|---|
| 1 years | $-13,987 |
| 3 years | $-13,740 |
| 5 years | $-13,493 |
| 7 years | $-13,246 |
| 9 years | $-12,999 |
| 11 years | $-12,753 |
| 13 years | $-12,506 |
| 15 years | $-12,259 |
| 17 years | $-12,012 |
| 19 years | $-11,765 |
| 21 years | $-11,519 |
| 23 years | $-11,272 |
| 25 years | $-11,025 |
Top Solar Installers in Scenic Oaks
When going solar, many homeowners opt to hire a solar installation company since putting up solar panels yourself can be a challenging project. Some solar installers, especially local ones, can help you take advantage of incentives in Scenic Oaks, therefore optimizing your ROI.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 Scenic Oaks
Factors that Affect Solar Panel Costs in Scenic Oaks
For many Scenic Oaks homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Scenic Oaks, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Scenic Oaks, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can figure out by looking at past power bills. Your overall cost can increase by about $2,690 for each additional kilowatt you need. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your power bills. Additionally, extra products, like solar batteries, can bump up your total well above the Scenic Oaks average.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That's why many Scenic Oaks homeowners decide to finance their solar panel systems to make paying for solar more affordable. It's wise to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
Finally, the company you get to install your solar system can play a part in determining the cost. Scenic Oaks' solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices because of their larger brand name and access to bulk 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 | $17,889 | 9.9 years |
| 8 kW | $2.74 | $15,365 | $24,153 | 9.7 years |
| 10 kW | $2.69 | $18,830 | $30,568 | 9.5 years |
| 12 kW | $2.64 | $22,144 | $37,133 | 9.3 years |
| 14 kW | $2.58 | $25,308 | $43,849 | 9.1 years |
| 16 kW | $2.53 | $28,320 | $50,716 | 9.0 years |
| 18 kW | $2.47 | $31,182 | $57,734 | 8.8 years |
| 20 kW | $2.42 | $33,894 | $64,902 | 8.6 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:
- 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 install your solar system. Another way you can research your installer's reputation is by reading reviews.
- Solar Panel Brands: The model of solar panel you'd like to install plays a role in which company you should choose, since different companies provide different panels.
- Contract: Before signing a contract with a solar installer, make sure you look it over completely so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a long period of time such as 25 years are the best you can get in the business, and offering such a warranty is one mark of a quality company.
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 Scenic Oaks, TX Solar Cost FAQs
How much does it cost to install solar panels in Scenic Oaks?
The average cost of solar panels in Scenic Oaks 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 use.
Is cost the most important thing to consider 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 why you decided to go solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Scenic Oaks?
The majority of states offer net metering programs of some kind. Through these, you can either be compensated for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption 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 buy 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.