Solar Panel Cost Guide in Shady Hollow, TX (Dec 2022)

  • Shady Hollow Solar Installation Cost: $14,235
  • 25-Year Savings: $21,404
  • Payback Period: 10.0 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Shady Hollow

We go over average solar pricing in Shady Hollow.

While the national average of solar panels is $2.66 per watt, solar panels in Shady Hollow typically cost around $3. Because a 7.6-kW system is needed to cover the energy usage of a typical home in Shady Hollow, the average price of going solar will be about $14,235 before claiming the federal solar tax credit of 30%.

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 consumption, the type of solar panels you want, your solar contractor and more. Many homeowners find installing a solar panel system is a solid investment. The average homeowner in Shady Hollow can save around $18,000 on their power bills over 20 years.

For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.

Solar savings over time in Shady Hollow

Year Return on Investment
1 years $-12,810
3 years $-9,959
5 years $-7,108
7 years $-4,256
9 years $-1,405
11 years $1,446
13 years $4,297
15 years $7,148
17 years $9,999
19 years $12,850
21 years $15,701
23 years $18,553
25 years $21,404

Top Solar Installers in Shady Hollow

Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Going with a solar company can make your switch to solar power much easier. Plus, if you're unsure what kind of solar panels and equipment you may need, a solar expert can help you find the right equipment for you after a site survey and consultation.

If you're on the hunt for a solar company in Shady Hollow, the EcoWatch team has compiled a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Shady Hollow

Factors that Affect Solar Panel Costs in Shady Hollow

Though the average cost of a solar system in Shady Hollow is $14,235, your final cost may be higher or lower than that. There are many factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.

Solar Equipment

When it comes to estimating the price of a solar system in Shady Hollow, one of the most important 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 usage, which you can figure out by looking at past power bills. Your total cost can increase by around $2,690 for each additional kilowatt you need. There are several different solar panel brands and the one you pick also affects the cost. In general, the brands that are more efficient tend to also cost more. Additionally, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

If paying for a solar system in cash is out of reach, solar loans are an affordable option because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. However, the interest on solar loans also increases your all-in costs, so it's vital to include that in your estimate as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.

Solar Panel Installation Company

Lastly, the company you get to install your solar panels can impact how much it costs. Shady Hollow's solar companies all have different labor costs and add varying upcharges to equipment. The company's size sometimes plays the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.

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 $16,540 10.4 years
8 kW $2.74 $15,365 $22,355 10.2 years
10 kW $2.69 $18,830 $28,320 10.0 years
12 kW $2.64 $22,144 $34,436 9.8 years
14 kW $2.58 $25,308 $40,703 9.6 years
16 kW $2.53 $28,320 $47,120 9.4 years
18 kW $2.47 $31,182 $53,688 9.2 years
20 kW $2.42 $33,894 $60,406 9.0 years

How to Save on Solar Panels

The solar company you go with will be a major factor in determining 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 keep in mind, including:

  • Installation Process: When going solar, it's necessary to maintain an open line of communication with your solar installer. Confirm that you understand how the installation process will go and the project completion timeline.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can research your installer's reputation is by reading reviews.
  • Contract: Review the contract terms closely to make sure you understand how much it will cost, project timeline incentives and warranties.
  • Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you choose.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Shady Hollow, TX Solar Cost FAQs

How much does it cost to install solar panels in Shady Hollow?

This is a hard question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $13,450 for a 5-kW system and $26,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.

Can you get solar panels for free in Shady Hollow?

A solar panel system isn't free in Shady Hollow, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.

Can solar panels eliminate my energy bills?

Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $943.00 per year.

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 how much sunlight your roof gets. You can 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 install 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.

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