Solar Panel Cost Guide in Shavano Park, TX (2024 Update)
- Shavano Park Solar Installation Cost: $17,467
- 25-Year Savings: $23,291
- Payback Period: 11.7 Years
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Average Cost of Solar Panels in Shavano Park
Find out what the average cost of installing solar panels is in Shavano Park.
The average cost of solar panels in Shavano Park is 3 per watt.The average Shavano Park homeowner needs a 7.5-kilowatt system, which would cost about $17,467 with the federal tax credit, or $24,978 before the 0 tax credit is applied.
These figures are just averages, and the cost of going solar for you will most likely vary based on your specific situation and what company you go with.Many homeowners find adopting solar power is a solid investment. The average homeowner in Shavano Park can save around $19,000 on their energy bills over 20 years.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Shavano Park
| Year | Return on Investment |
|---|---|
| 1 years | $-16,058 |
| 3 years | $-13,239 |
| 5 years | $-10,420 |
| 7 years | $-7,602 |
| 9 years | $-4,783 |
| 11 years | $-1,965 |
| 13 years | $854 |
| 15 years | $3,673 |
| 17 years | $6,491 |
| 19 years | $9,310 |
| 21 years | $12,128 |
| 23 years | $14,947 |
| 25 years | $17,765 |
Top Solar Installers in Shavano Park
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Using a solar company can make your switch to solar power much easier. Solar warranties and repairs are typically included in the cost of installation when you hire a solar company as well, which can save you more money after your initial investment.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some in Shavano Park:
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Shavano Park
Factors that Affect Solar Panel Costs in Shavano Park
There are a number of criteria that can affect your solar system 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 size of the solar energy system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,330. The model of solar panels and equipment you get is another factor that will significantly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Moreover, solar equipment is more than just the solar panels themselves. You’ll also need to make decisions 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 searching for a solar system that’s in your budget.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are an affordable route because they decrease your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.When considering your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar company you choose to handle your switch to green energy can play a role in your total costs. There are about 3 solar installation companies in Shavano Park, and each can charge varying amounts for labor and equipment.Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and choose a company that provides the products, warranties and services you want and also fits within your budget.
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 | $15,402 | 12.1 years |
| 8 kW | $3.40 | $19,021 | $20,908 | 11.9 years |
| 10 kW | $3.33 | $23,310 | $26,602 | 11.7 years |
| 12 kW | $3.26 | $27,413 | $32,482 | 11.4 years |
| 14 kW | $3.20 | $31,329 | $38,548 | 11.2 years |
| 16 kW | $3.13 | $35,058 | $44,801 | 11.0 years |
| 18 kW | $3.06 | $38,601 | $51,240 | 10.7 years |
| 20 kW | $3.00 | $41,958 | $57,866 | 10.5 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and how long the project will take.
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you hire.
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Shavano Park, TX Solar Cost FAQs
How much does it cost to install solar panels in Shavano Park?
This is a hard question to answer precisely, because the cost depends on a few different 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. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Are solar panels free in Shavano Park?
A solar panel system isn’t free in Shavano Park, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is it worth going solar in Shavano Park?
Solar panels can be a great investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already reasonably low, solar panels might not be for you.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and the amount of 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 get 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.