Solar Panel Cost Guide in Vernon, TX (2025 Update)
- Vernon Solar Installation Cost: $17,233
- 25-Year Savings: $27,964
- Payback Period: 10.3 Years
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Average Cost of Solar Panels in Vernon
Find out what the average cost of installing solar panels is in Vernon.
Although the national average of solar panels is $2.66 per watt, solar panels in Vernon typically cost about 3.The average Vernon homeowner needs a 7.4-kilowatt system, which would cost about $17,233 with the federal tax credit, or $24,643 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The exact cost of going solar can vary quite a bit based on a few factors, such as what size system you need, your energy usage and what solar installer you go with.For many homeowners, the upfront investment in solar power is worth paying. On average Vernon homeowners see about $22,000 in savings on utility bills over 20 years.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Vernon
| Year | Return on Investment |
|---|---|
| 1 years | $-15,812 |
| 3 years | $-12,969 |
| 5 years | $-10,127 |
| 7 years | $-7,285 |
| 9 years | $-4,443 |
| 11 years | $-1,601 |
| 13 years | $1,241 |
| 15 years | $4,084 |
| 17 years | $6,926 |
| 19 years | $9,768 |
| 21 years | $12,610 |
| 23 years | $15,452 |
| 25 years | $18,294 |
Top Solar Installers in Vernon
Many homeowners choose to hire a solar panel installer since installing solar panels by yourself can be time-consuming. Plus, warranties and repairs from your solar panel company can protect your investment and reduce the cost of maintenance over the lifespan of your panels.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some near you:
See all of the solar companies in Vernon
Factors that Affect Solar Panel Costs in Vernon
The cost of installing a solar system in Vernon can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater 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 $3,330.The brand and type of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar installers in Vernon have solar loans, which reduce your upfront costs of installing a solar system.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 how long it’ll take to pay off the loan.
Solar Panel Installation Company
The solar installer you choose to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar installation companies in Vernon, and each can charge varying amounts for labor and equipment.The company’s size can sometimes play the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
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 | $19,448 | 10.7 years |
| 8 kW | $3.40 | $19,021 | $26,304 | 10.5 years |
| 10 kW | $3.33 | $23,310 | $33,346 | 10.3 years |
| 12 kW | $3.26 | $27,413 | $40,575 | 10.1 years |
| 14 kW | $3.20 | $31,329 | $47,990 | 9.9 years |
| 16 kW | $3.13 | $35,058 | $55,591 | 9.7 years |
| 18 kW | $3.06 | $38,601 | $63,379 | 9.5 years |
| 20 kW | $3.00 | $41,958 | $71,354 | 9.3 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. While there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so make sure you take a look at their list of offerings before making your decision.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to do the job well. Another way you can verify your installer’s reputation is by reading reviews.
- Contract: It’s important to read through your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the completion timeline.
EcoWatch's Vernon, TX Solar Cost FAQs
What is the average cost of installing solar panels in Vernon?
The average cost of solar panels in Vernon is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Vernon?
Leasing solar panels can be an appealing choice, because it usually comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.
Does Vernon have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can either get paid 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 often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can decide to replace them after having them for that long or you can continue to use them at a lower efficiency.
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.