Solar Panel Cost Guide in Sealy, TX (2023 Update)
- Sealy Solar Installation Cost: $14,323
- 25-Year Savings: $24,842
- Payback Period: 9.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Sealy
Let's have a look at the average cost of solar panels in Sealy.
The national average cost of solar panels is $2.66 per watt, but in Sealy it's 2.69 per watt. The average solar panel system size in Sealy is around 7.6 kilowatts, meaning a cost of about $14,330 for a solar installation, or $20,492 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of making the switch to solar can vary quite a bit based on several factors, such as what size system you need, your energy usage and what installation company you go with. Despite the large upfront cost, the average Sealy homeowner can save around $20,000 on their electricity bills over 20 years, which is one of the benefits of solar.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Sealy
Year | Return on Investment |
---|---|
1 years | $-13,025 |
3 years | $-10,428 |
5 years | $-7,830 |
7 years | $-5,233 |
9 years | $-2,636 |
11 years | $-39 |
13 years | $2,558 |
15 years | $5,155 |
17 years | $7,752 |
19 years | $10,349 |
21 years | $12,947 |
23 years | $15,544 |
25 years | $18,141 |
Top Solar Installers in Sealy
Installing solar panels by yourself can be a time-consuming undertaking, which is why using a solar installer is a good option for many homeowners. Companies can also offer access to various kinds of the best solar panels and help you choose which one will be right for your family.
Working with a vetted solar installer 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
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 Sealy
Factors that Affect Solar Panel Costs in Sealy
The cost of installing a solar system in Sealy can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production require 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 $2,690. The kind of solar panels and equipment you get is another factor that will largely affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment is more than just the solar panels themselves. You'll also need to decide on 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 for a solar system that falls within your budget.
Solar Financing Terms
Most solar companies in Sealy offer solar loans, which reduce the initial cost of installing a solar system. Even though solar loans make adopting solar energy more accessible for Sealy homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Lastly, the company you get to install your solar system can play a part in determining how much it costs. Sealy's 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 equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $19,143 | 9.5 years |
8 kW | $2.74 | $15,365 | $25,825 | 9.3 years |
10 kW | $2.69 | $18,830 | $32,658 | 9.1 years |
12 kW | $2.64 | $22,144 | $39,642 | 9.0 years |
14 kW | $2.58 | $25,308 | $46,776 | 8.8 years |
16 kW | $2.53 | $28,320 | $54,061 | 8.6 years |
18 kW | $2.47 | $31,182 | $61,497 | 8.4 years |
20 kW | $2.42 | $33,894 | $69,083 | 8.2 years |
How to Save on Solar Panels
The solar installer you choose will impact not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should consider, including:
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: It's important to read your solar installer's contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
- Solar Panel Brands: The model of solar panel you want to get plays a part in which company you should choose, since different companies have different panels.
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
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 Sealy, TX Solar Cost FAQs
How much does it cost to install solar panels in Sealy?
The average cost of solar panels in Sealy 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 stuff such as the type of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Sealy?
Leasing solar panels can be an appealing choice, because it typically comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better way to go if you want to get the most savings.
Do solar panels increase the value of your home?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Sealy is currently $172,300, so you can expect a value of about $7,064 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Sealy is a worthwhile investment.
How long do solar panels last in Sealy?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide to replace them after having them for that long or you can keep using 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.