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.Because a 7.5-kW system is needed to cover the energy consumption of a typical home in Shavano Park, the average price of going solar will be about $17,467 after claiming the federal solar tax credit of 0.
The true cost of your system can go above or below the average in Shavano Park based on several factors, such as the kind of solar panels you choose and the solar company you hire.Despite the high initial cost, the average Shavano Park homeowner can save around $19,000 on their electricity bills over 20 years, which is one of the positives of solar.
To get a free quote from a top solar company in Shavano Park, you can 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
When going solar, many homeowners decide to go with a solar installation company since putting up solar panels yourself can be a difficult project. Solar warranties and repairs are typically included in the cost of installation when you opt for a solar company too, which can save you more money after your initial investment.
Working with a licensed solar company can make going solar easier. Here are our recommendations:
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 Shavano Park
Factors that Affect Solar Panel Costs in Shavano Park
The cost of installing a solar system in Shavano Park can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,330.There are many different solar panel brands and the one you pick also changes the cost. Generally speaking, the brands that are more efficient tend to also be more expensive. In addition, 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
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are offered by most installers in Shavano Park, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.While solar loans make adopting solar energy more accessible for Shavano Park homeowners, they can also raise the total you pay for your system due to interest. If you make 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 hire to install your solar panel system can influence your pricing. Shavano Park’s solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices due to 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 | $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
Since the type of solar panels and the installation company you choose greatly affects your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Installation Process: When going solar, it’s important to maintain an open line of communication with your solar company. See to it that you understand how the installation process will go and the project completion timeline.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years most likely provide good-quality solar panel installation and expertise.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you hire.
- Warranty: Warranties that cover panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one sign of a quality company.
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 Shavano Park, TX Solar Cost FAQs
How much does it cost to install solar panels in Shavano Park?
This is a tough question to answer exactly, 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. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Shavano Park?
You can’t get solar panels for free in Shavano Park. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Is going solar worth it?
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 a lot of direct sunlight and/or your power bills are already fairly low, solar panels might not be for you.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.