Solar Panel Cost Guide in Venus, TX (2023 Update)
- Venus Solar Installation Cost: $14,352
- 25-Year Savings: $22,836
- Payback Period: 9.6 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Venus
Let's have a look at the average cost of solar panels in Venus.
In Venus, solar panels cost about 2.69 per watt on average. The average Venus homeowner needs a 7.6-kilowatt system, which would cost about $14,348 with the federal tax credit, or $20,518 before the 30% tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Venus homeowner. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. Many homeowners find adopting solar power is a sound investment. The average homeowner in Venus can save around $20,000 on their electricity bills over 20 years.
For a personalized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Venus
| Year | Return on Investment |
|---|---|
| 1 years | $-14,228 |
| 3 years | $-13,980 |
| 5 years | $-13,732 |
| 7 years | $-13,485 |
| 9 years | $-13,237 |
| 11 years | $-12,989 |
| 13 years | $-12,741 |
| 15 years | $-12,493 |
| 17 years | $-12,245 |
| 19 years | $-11,997 |
| 21 years | $-11,749 |
| 23 years | $-11,501 |
| 25 years | $-11,253 |
Top Solar Installers in Venus
Although it's possible to install solar panels by yourself, it requires extra labor and expertise. That's one of the reasons almost all homeowners choose to go with a solar panel installer. Plus, if you aren't sure what type of solar panels and equipment you want, a solar installer can help you find the right equipment for you after a site survey and consultation.
You can get a free estimate from a local solar installer 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
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 Venus
Factors that Affect Solar Panel Costs in Venus
While the average cost of a solar system in Venus is $14,348, your actual cost may differ. There are several factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production need 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 $2,690. There are many different solar panel brands and the one you pick also affects the cost. Generally speaking, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system out of pocket is too expensive, solar loans are an affordable route because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years. It's wise to add 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
Finally, the company you hire to install your solar panels can play a role in determining the cost. Venus' solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Venus know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 | $17,524 | 10.0 years |
| 8 kW | $2.74 | $15,365 | $23,666 | 9.8 years |
| 10 kW | $2.69 | $18,830 | $29,960 | 9.6 years |
| 12 kW | $2.64 | $22,144 | $36,404 | 9.5 years |
| 14 kW | $2.58 | $25,308 | $42,998 | 9.3 years |
| 16 kW | $2.53 | $28,320 | $49,743 | 9.1 years |
| 18 kW | $2.47 | $31,182 | $56,639 | 8.9 years |
| 20 kW | $2.42 | $33,894 | $63,685 | 8.7 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Venus, 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:
- Solar Panel Brands: Different companies will carry various brands and models of panels. If you know you want a specific brand, make sure the solar panel company you're considering has it.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years likely offer high-quality solar panel installation and expertise.
- Contract: It's important to read your solar installer's contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should acquire and how long the project will take.
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 Venus, TX Solar Cost FAQs
How much does it cost to install solar panels in Venus?
The average cost of solar panels in Venus 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 such as the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider apart from cost when buying solar panels?
The upfront cost is a key factor to consider, but whether it's the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Can solar panels eliminate my energy bills?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $975.79 per year.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and the amount of 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 install 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.