Solar Panel Cost Guide in Sullivan City, TX (Mar 2023)
- Sullivan City Solar Installation Cost: $13,388
- 25-Year Savings: $23,800
- Payback Period: 9.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Sullivan City
Find out what the average cost of solar panels are in Sullivan City.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Sullivan City, the typical cost of a solar system is 2.69 per watt. The average solar panel system size in Sullivan City is around 7.1 kilowatts, meaning a cost of about $13,388 for a solar installation, or $19,145 before the 30% federal solar tax credit is applied.
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 use, the type of equipment you want, your solar contractor and more. Even with the significant upfront cost, the average Sullivan City homeowner can save around $21,000 on their power bills over 20 years, which is one of the positives of solar.
You can click the button below to get connected with a pre-vetted solar company in Sullivan City for a quote for your home.
Solar savings over time in Sullivan City
| Year | Return on Investment |
|---|---|
| 1 years | $-11,901 |
| 3 years | $-8,926 |
| 5 years | $-5,951 |
| 7 years | $-2,976 |
| 9 years | $-1 |
| 11 years | $2,974 |
| 13 years | $5,950 |
| 15 years | $8,925 |
| 17 years | $11,900 |
| 19 years | $14,875 |
| 21 years | $17,850 |
| 23 years | $20,825 |
| 25 years | $23,800 |
Top Solar Installers in Sullivan City
Many homeowners opt for a solar installer since figuring out how to install solar panels on your own can be time-consuming. A solar company can also help save you money in the long run by providing warranties, repairs and component replacements.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some nearby:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Sullivan City
Factors that Affect Solar Panel Costs in Sullivan City
Even though the average cost of a solar system in Sullivan City is $13,388, your final cost may be above or below the average. There are many factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to spend around $2,690 per kilowatt in Sullivan City. There are a lot of different solar panel brands and the one you pick also affects the cost. Usually, the brands that offer higher efficiency 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 far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Sullivan City to be too costly, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides financing options. Solar loans substantially decrease upfront costs in most cases, but they also result in a higher cost over time due to interest. However, the interest on solar loans also adds to your total costs, so it's important to take that into consideration as well. You can always lower the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
Finally, the company you choose to install your solar panel system can affect your pricing. Sullivan City's solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those larger 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 | $19,634 | 9.4 years |
| 8 kW | $2.74 | $15,365 | $26,479 | 9.2 years |
| 10 kW | $2.69 | $18,830 | $33,476 | 9.0 years |
| 12 kW | $2.64 | $22,144 | $40,623 | 8.8 years |
| 14 kW | $2.58 | $25,308 | $47,921 | 8.6 years |
| 16 kW | $2.53 | $28,320 | $55,369 | 8.5 years |
| 18 kW | $2.47 | $31,182 | $62,968 | 8.3 years |
| 20 kW | $2.42 | $33,894 | $70,718 | 8.1 years |
How to Save on Solar Panels
The solar company you opt for will impact not only your overall 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 consider, including:
- Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the best you can get in the business, and offering that kind of warranty is one sign of a quality company.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: When reading over your solar installer's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios like a system part breaking or the company going out of business.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Sullivan City, TX Solar Cost FAQs
What is the average cost of installing solar panels in Sullivan City?
The average cost of solar panels in Sullivan City 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 such as the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Sullivan City?
A solar panel system isn't free in Sullivan City, 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 you can take advantage of.
Can you sell solar power back to the grid in Sullivan City?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future utility bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the average daily 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 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.