Solar Panel Cost Guide in Shavano Park, TX (Sep 2022)

  • Shavano Park Solar Installation Cost: $14,104
  • 25-Year Savings: $23,297
  • Payback Period: 9.4 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Shavano Park

Find out what the average cost of solar panel installation is in Shavano Park.

Although the national average of solar panels is $2.66 per watt, solar panels in Shavano Park typically cost about $3. To account for the typical energy needs of the average home in Shavano Park, most homeowners require a 7.5-kilowatt system. Using the figure above, a solar installation costs about $14,104, or $10,437 after the federal solar tax credit of 30% is applied.

Bear in mind that the figures above are only estimates based on the average Shavano Park homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. Despite the high initial cost, the average Shavano Park homeowner can save around $19,000 on their power bills over 20 years, which is one of the positives of solar.

To see your potential savings and connect with a local solar installer, click the button below.

Solar savings over time in Shavano Park

Year Return on Investment
1 years $-12,608
3 years $-9,616
5 years $-6,624
7 years $-3,631
9 years $-639
11 years $2,353
13 years $5,345
15 years $8,337
17 years $11,329
19 years $14,321
21 years $17,313
23 years $20,305
25 years $23,297

Top Solar Installers in Shavano Park

Putting up solar panels yourself can be a difficult task, which is why using a solar installation company is a good option for many homeowners. The expertise that solar installers provide can be helpful as well, especially if you aren't sure what type of solar equipment you need.

If you'd like to go solar but still aren't sure which solar panel company to go with, here are our suggestions for providers in Shavano Park:

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 Shavano Park

Factors that Affect Solar Panel Costs in Shavano Park

While the average cost of solar panels in Shavano Park is $14,104, your final cost may be higher or lower than that. There are many factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to consider.

Solar Equipment Size

Size is one of the largest factors that influences the overall cost of going solar. That's why it's a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your power bills. Additionally, extra products, like solar batteries, can bring your total well above the Shavano Park average.

Solar Financing Terms

Solar panels can save you money on power bills over many years, but they can also be a big investment. That's why many Shavano Park homeowners choose to finance their solar panel systems to offset upfront costs. It's wise to factor the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay back the loan.

Solar Panel Installation Company

The solar company you select will play a role in your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor. The size of the company can sometimes play the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because of 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 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 $18,197 9.8 years
8 kW $2.74 $15,365 $24,564 9.6 years
10 kW $2.69 $18,830 $31,082 9.4 years
12 kW $2.64 $22,144 $37,750 9.2 years
14 kW $2.58 $25,308 $44,569 9.1 years
16 kW $2.53 $28,320 $51,539 8.9 years
18 kW $2.47 $31,182 $58,659 8.7 years
20 kW $2.42 $33,894 $65,930 8.5 years

Solar Incentives in Shavano Park

Name Renewable Energy Systems Property Tax Exemption
Incentive Amount 100%
Website Visit here
More Info Click here

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

Name CPS Energy - Solar PV Rebate Program
Incentive Amount First $9 million will pay a flat rebate of $2,500 per project, plus $500 for locally-produced panels
Next $5 million will pay a flat rebate of $1,500 per project, plus $500 for locally-produced panels
Commercial: $1 million will pay $0.60/Watt, plus an additional $0.10/Watt for locally-produced panels
Incentive Max $25,000 for Residential
$80,000 for Commercial
Website Visit here
More Info Click here

How to Save on Solar Panels

There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:

  • Solar Panel Brands: Different companies offer different brands and kinds of panels. If you know you want a specific brand, make sure the solar installer you're considering has it.
  • Warranty: An all-inclusive, 25-year warranty can help keep your solar panel system running for a long time and save you money on part replacement and repairs.
  • Contract: When reading through your solar company's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system component breaking or the company going out of business.
  • Installation Process: Make sure you're aligned with the company in regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.

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 Shavano Park, TX Solar Cost FAQs

How much does it cost to install solar panels in Shavano Park?

The average cost of solar panels in Shavano Park is about $13,450 for a 5-kW system and $26,900 for a 10-kW system before the ITC, but the actual cost will depend on things like the model of solar panels you want, what size system you need and how much energy you consume.

What other factors should I consider aside from 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 trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.

How much can I save on energy bills after installing solar panels?

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 $998.24 per year.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy needs and how much 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.

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