Solar Panel Cost Guide in Stanton, TX (2023 Update)
- Stanton Solar Installation Cost: $13,106
- 25-Year Savings: $24,082
- Payback Period: 8.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Stanton
Find out what the average cost of a solar system is in Stanton.
Although the national average of solar panels is $2.66 per watt, solar panels in Stanton typically cost around 2.69. To account for the typical energy needs of the average home in Stanton, most homeowners require a 7.0-kilowatt system. Using the per-watt figure above, a solar installation costs around $13,106, or $18,742 before the federal solar tax credit of 30% is applied.
These figures are only averages, and the cost of going solar for you may differ based on your specific situation and what company you want to go with. Many homeowners find adopting solar power is a sound investment. The average homeowner in Stanton can save about $21,000 on their power bills over 20 years.
Click the button below to get connected to a highly rated solar panel company in Stanton for a personalized estimate.
Solar savings over time in Stanton
| Year | Return on Investment |
|---|---|
| 1 years | $-11,618 |
| 3 years | $-8,643 |
| 5 years | $-5,668 |
| 7 years | $-2,693 |
| 9 years | $282 |
| 11 years | $3,257 |
| 13 years | $6,232 |
| 15 years | $9,207 |
| 17 years | $12,182 |
| 19 years | $15,157 |
| 21 years | $18,132 |
| 23 years | $21,107 |
| 25 years | $24,082 |
Top Solar Installers in Stanton
Putting up solar panels yourself can be a stressful task, which is why getting a solar installation company is a good option for many homeowners. Also, companies with a good reputation that cost more upfront could actually save you money in the long term because of their warranties, repair services and expert design.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some near you:
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 Stanton
Factors that Affect Solar Panel Costs in Stanton
The cost of installing a solar system in Stanton can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay around $2,690 per kilowatt in Stanton. The brand of solar panels and equipment you choose is another factor that will greatly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more pricey. Plus, solar equipment goes beyond 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's in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Stanton to be too steep, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides access to financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to a higher cost over time because of interest. Though solar loans make going solar more accessible for Stanton homeowners, they can also add to the total you pay for your system due to interest. 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
The solar installer you choose will impact your total cost to go solar. Different companies will bill different amounts for the equipment and labor. Larger national companies typically have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.
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 | $20,290 | 9.2 years |
| 8 kW | $2.74 | $15,365 | $27,354 | 9.0 years |
| 10 kW | $2.69 | $18,830 | $34,570 | 8.8 years |
| 12 kW | $2.64 | $22,144 | $41,935 | 8.6 years |
| 14 kW | $2.58 | $25,308 | $49,452 | 8.5 years |
| 16 kW | $2.53 | $28,320 | $57,119 | 8.3 years |
| 18 kW | $2.47 | $31,182 | $64,937 | 8.1 years |
| 20 kW | $2.42 | $33,894 | $72,905 | 7.9 years |
How to Save on Solar Panels
The solar panel company you go with will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should take into account, including:
- Contract: When reading over your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: The brand of solar panel you want to get plays a role in which installer you should choose, since different companies offer different panels.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years in most cases offer quality solar panel installation and expertise.
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 Stanton, TX Solar Cost FAQs
What is the average cost of installing solar panels in Stanton?
The average cost of solar panels in Stanton 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 certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Stanton?
You can't get solar panels for free in Stanton. 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.
Can you sell solar power back to the grid in Stanton?
The majority of states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the amount of 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 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.