Solar Panel Cost Guide in Seagoville, TX (2024 Update)
- Seagoville Solar Installation Cost: $17,938
- 25-Year Savings: $22,698
- Payback Period: 12.1 Years
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Average Cost of Solar Panels in Seagoville
Find out what the average cost of solar panel installation is in Seagoville.
While the national average of solar panels is $2.66 per watt, solar panels in Seagoville generally cost around 3.Using this figure, a typical 7.7-kW system would cost about $17,938 before the 0 federal solar tax credit is applied.
How much you pay can be higher or lower than the average in Seagoville depending on a variety of factors, such as the model of solar panels you choose and the solar company you hire.For many homeowners, the upfront investment in solar panels is worth paying. On average you could be looking at about $19,000 in savings on electricity bills over 20 years.
To get a free estimate from a vetted solar installation company in Seagoville, you can click the button below.
Solar savings over time in Seagoville
| Year | Return on Investment |
|---|---|
| 1 years | $-16,517 |
| 3 years | $-13,674 |
| 5 years | $-10,832 |
| 7 years | $-7,990 |
| 9 years | $-5,148 |
| 11 years | $-2,306 |
| 13 years | $536 |
| 15 years | $3,378 |
| 17 years | $6,221 |
| 19 years | $9,063 |
| 21 years | $11,905 |
| 23 years | $14,747 |
| 25 years | $17,589 |
Top Solar Installers in Seagoville
Many homeowners choose to hire a solar panel installer since trying to install solar panels yourself can be time-consuming. Companies can also have access to various kinds of the best solar panels and help you choose which one will be right for your home.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Seagoville
Factors that Affect Solar Panel Costs in Seagoville
There are several criteria that can affect your solar panel 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
The cost of solar panel systems 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 $3,330.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Seagoville, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or limited 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 Seagoville provide solar loans, which reduce the initial cost of installing solar.However, the interest on solar loans also adds to your overall costs, so it’s crucial to consider that as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The final major cost factor you should take into consideration is the installer you choose. Given the massive popularity of renewable energy solutions in Seagoville, you’ll have a great number of options to choose from, but each comes at different price points for labor and equipment.Larger national companies generally have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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 | $14,450 | 12.5 years |
| 8 kW | $3.40 | $19,021 | $19,639 | 12.3 years |
| 10 kW | $3.33 | $23,310 | $25,015 | 12.1 years |
| 12 kW | $3.26 | $27,413 | $30,578 | 11.8 years |
| 14 kW | $3.20 | $31,329 | $36,327 | 11.6 years |
| 16 kW | $3.13 | $35,058 | $42,262 | 11.3 years |
| 18 kW | $3.06 | $38,601 | $48,384 | 11.1 years |
| 20 kW | $3.00 | $41,958 | $54,692 | 10.9 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Seagoville, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Contract: Before you sign a contract with a solar company, make sure to read it through fully so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the best you can get in the business, and offering that kind of warranty is one mark of a good company.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Although there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of offerings before deciding.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Seagoville, TX Solar Cost FAQs
How much does it cost to install solar panels in Seagoville?
This is a hard question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $16,650 for a 5-kW system and $33,300 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
What other factors should I consider in addition to cost when buying solar panels?
The upfront cost is a crucial 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 be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Does Seagoville have a net metering program?
Most states have net metering programs of some kind. Through these, you can receive compensation for the extra power your system generates 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 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 stop working completely at that time. What this means is the amount of energy they produce 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.