Solar Panel Cost Guide in Waller, TX (2023 Update)
- Waller Solar Installation Cost: $14,397
- 25-Year Savings: $22,903
- Payback Period: 9.6 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Waller
Let's have a look at the average cost of solar panels in Waller.
The average cost of solar panels in Waller is 2.69 per watt. Since a 7.7-kW system is needed to cover the energy costs of a typical home in Waller, the average price of going solar will be about $14,405 after claiming the federal solar tax credit of 30%.
These figures are only averages, and the cost of going solar for you will differ based on your specific situation and what company you choose to go with. For most homeowners, the upfront investment in solar panels is worth paying. On average Waller homeowners see about $19,000 in savings on electricity bills over 20 years.
You can click the button below to get connected with a vetted solar company in Waller that can help you get a more accurate cost estimate for your home.
Solar savings over time in Waller
| Year | Return on Investment |
|---|---|
| 1 years | $-13,099 |
| 3 years | $-10,502 |
| 5 years | $-7,904 |
| 7 years | $-5,307 |
| 9 years | $-2,710 |
| 11 years | $-113 |
| 13 years | $2,484 |
| 15 years | $5,081 |
| 17 years | $7,678 |
| 19 years | $10,275 |
| 21 years | $12,873 |
| 23 years | $15,470 |
| 25 years | $18,067 |
Top Solar Installers in Waller
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Hiring a solar company can make your switch to solar power much easier. Companies can also provide access to various kinds of the best solar panels and help you decide which one will be right for your home.
Working with a professional solar company can help your solar project go smoothly. Here are our recommendations:
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 Waller
Factors that Affect Solar Panel Costs in Waller
The cost of installing a solar system in Waller can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the price of a solar panel system in Waller, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can determine by looking at past power bills. Your overall cost can increase by around $2,690 for each additional kilowatt you need. There are many different solar panel brands and the one you choose also affects the cost. In general, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Waller offer solar loans, which reduce the initial cost of installing solar panels. When estimating your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you choose to install your solar system can play a role in determining your pricing. Waller's solar companies all have different labor costs and add varying upcharges to equipment. The size of the company sometimes plays the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to greater resources and bulk 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 lower 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 | $2.80 | $11,750 | $17,521 | 10.0 years |
| 8 kW | $2.74 | $15,365 | $23,662 | 9.8 years |
| 10 kW | $2.69 | $18,830 | $29,954 | 9.6 years |
| 12 kW | $2.64 | $22,144 | $36,397 | 9.5 years |
| 14 kW | $2.58 | $25,308 | $42,991 | 9.3 years |
| 16 kW | $2.53 | $28,320 | $49,735 | 9.1 years |
| 18 kW | $2.47 | $31,182 | $56,629 | 8.9 years |
| 20 kW | $2.42 | $33,894 | $63,675 | 8.7 years |
How to Save on Solar Panels
There are numerous companies to choose from in Waller, 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:
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can research your installer's reputation is by reading reviews.
- Contract: Before signing a contract with a solar installer, make sure you read it through fully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Although there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to ask for their list of offerings before making your decision.
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 Waller, TX Solar Cost FAQs
What is the average cost of installing solar panels in Waller?
The average cost of solar panels in Waller 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 use.
Is cost the most important thing to think about when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on energy bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $975.69 per year.
What solar power system size is right for 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 get between 20 and 35 panels to account for 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.