Solar Panel Cost Guide in Venus, TX (Mar 2023)
- Venus Solar Installation Cost: $14,348
- 25-Year Savings: $22,839
- Payback Period: 9.6 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Venus
See how much it might cost to go solar in Venus.
The average cost of a solar system in Venus is 2.69 per watt. Because a 7.6-kW system is needed to cover the energy costs of a typical home in Venus, the average price of going solar will be about $14,348 after claiming the federal solar tax credit of 30%.
These figures are only estimates, and the cost of going solar for you will most likely vary based on factors unique to your home and what company you want to go with. For many homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $20,000 in savings on electricity bills over 20 years.
For a customized 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 | $-12,861 |
| 3 years | $-9,886 |
| 5 years | $-6,911 |
| 7 years | $-3,936 |
| 9 years | $-961 |
| 11 years | $2,014 |
| 13 years | $4,989 |
| 15 years | $7,964 |
| 17 years | $10,939 |
| 19 years | $13,914 |
| 21 years | $16,889 |
| 23 years | $19,864 |
| 25 years | $22,839 |
Top Solar Installers in Venus
DIY solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Using a solar company can make switching to solar power much easier. A solar installer can also help save you money over time by providing warranties, repairs and system component replacements.
If you'd like to switch to solar energy but still aren't certain which solar panel installer to go with, here are our recommendations for providers in Venus:
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 Venus
Factors that Affect Solar Panel Costs in Venus
Though the average cost of a solar system in Venus is $14,348, your final cost may be above or below the average. There are many factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more crucial things to take into consideration.
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 consumes, the larger your system will likely need to be. You can expect to pay about $2,690 per kilowatt in Venus. The model of solar panels and equipment you get is another factor that will greatly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Moreover, solar equipment goes beyond just the solar panels themselves. You'll also need to make decisions about 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 into a solar system that falls within your budget.
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 Venus homeowners choose to finance their solar panel systems to offset upfront costs. When considering your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you opt for to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar installation companies in Venus, and each can charge varying amounts for labor and equipment. You may come across national solar installers that have lower prices due to their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a challenge, we have some tips to help you, such as:
- Contract: It's important to read through your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
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 Venus, TX Solar Cost FAQs
What is the average cost of installing solar panels in Venus?
This is a difficult question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $13,450 for a 5-kW system and $26,900 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or more efficient panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Venus?
You can't get solar panels for free in Venus. 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.
How much can I save on energy bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on where you're located 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.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.