Solar Panel Cost Guide in Van Alstyne, TX (2024 Update)
- Van Alstyne Solar Installation Cost: $18,069
- 25-Year Savings: $27,156
- Payback Period: 10.8 Years
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Average Cost of Solar Panels in Van Alstyne
Find out what the average cost of solar panel installation is in Van Alstyne.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Van Alstyne, the typical cost of a solar system is 3 per watt.Because a 7.8-kW system is needed to cover the energy consumption of a typical home in Van Alstyne, the average price of going solar will be about $18,069 after claiming the federal solar tax credit of 0.
These figures are only estimates, and your own solar costs may vary based on factors unique to your home and what company you choose to go with.With average savings of about $20,000 on power bills over 20 years, many homeowners in Van Alstyne find installing solar panels can be quite rewarding.
To get a free estimate from a top solar company in Van Alstyne, you can click the button below.
Solar savings over time in Van Alstyne
| Year | Return on Investment |
|---|---|
| 1 years | $-16,566 |
| 3 years | $-13,562 |
| 5 years | $-10,558 |
| 7 years | $-7,554 |
| 9 years | $-4,550 |
| 11 years | $-1,545 |
| 13 years | $1,459 |
| 15 years | $4,463 |
| 17 years | $7,467 |
| 19 years | $10,471 |
| 21 years | $13,476 |
| 23 years | $16,480 |
| 25 years | $19,484 |
Top Solar Installers in Van Alstyne
When making the switch to solar, many homeowners prefer to go with a solar installation company since putting up a solar system yourself can be a difficult project. Some solar installers, especially local ones, can help you take advantage of incentives in Van Alstyne, optimizing your ROI.
If you’d like to switch to solar energy but still aren’t certain which solar panel installer to go with, here are our suggestions for providers nearby:
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 Van Alstyne
Factors that Affect Solar Panel Costs in Van Alstyne
For many Van Alstyne homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Van Alstyne, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Van Alstyne, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can determine by looking at past power bills. Your total cost can increase by about $3,330 for each additional kilowatt you need.There are several different solar panel brands and the one you pick also changes the cost. Usually, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you’re looking 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
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are provided by most installers in Van Alstyne, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible.Even though solar loans make going solar more accessible for Van Alstyne homeowners, they can also increase 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 last key cost factor you should take into consideration is the installer you choose. Given the massive popularity of sustainable energy solutions in Van Alstyne, you’ll have lots of options to choose from, but each comes at various price points for labor and equipment.Companies that 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 with an above-average cost. It’s best to do some research and go with the company that offers the products, warranties and services you’re looking for 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 | $17,773 | 11.3 years |
| 8 kW | $3.40 | $19,021 | $24,070 | 11.0 years |
| 10 kW | $3.33 | $23,310 | $30,554 | 10.8 years |
| 12 kW | $3.26 | $27,413 | $37,224 | 10.6 years |
| 14 kW | $3.20 | $31,329 | $44,081 | 10.4 years |
| 16 kW | $3.13 | $35,058 | $51,124 | 10.2 years |
| 18 kW | $3.06 | $38,601 | $58,353 | 10.0 years |
| 20 kW | $3.00 | $41,958 | $65,770 | 9.7 years |
How to Save on Solar Panels
There are many companies to choose from in Van Alstyne, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Contract: It’s important to look over your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Solar Panel Brands: The type of solar panel you want plays a part in which installer you should opt for, since different companies have access to different panels.
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years most likely offer quality solar panel installation and expertise.
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 Van Alstyne, TX Solar Cost FAQs
What is the average cost of installing solar panels in Van Alstyne?
The average cost of solar panels in Van Alstyne is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the real cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider other than cost when buying solar panels?
Cost is a very important 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 think about are the quality and durability of your solar panels.
Is it worth going solar in Van Alstyne?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.