Solar Panel Cost Guide in West Odessa, TX (2024 Update)
- West Odessa Solar Installation Cost: $16,066
- 25-Year Savings: $24,210
- Payback Period: 10.8 Years
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Average Cost of Solar Panels in West Odessa
Here’s how much it might cost to install solar panels in West Odessa.
Although the national average of solar panels is $2.66 per watt, solar panels in West Odessa generally cost about 3.To cover the typical energy usage of the average home in West Odessa, most homeowners require a 6.9-kilowatt system. Using the per-watt figure above, a solar installation costs around $16,066, or $22,974 before the federal solar tax credit of 0 is applied.
These figures are only averages, and how much solar costs for you will most likely look different based on factors unique to your home and what company you choose to go with.For many homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $22,000 in savings on electricity 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 West Odessa
| Year | Return on Investment |
|---|---|
| 1 years | $-14,645 |
| 3 years | $-11,803 |
| 5 years | $-8,961 |
| 7 years | $-6,118 |
| 9 years | $-3,276 |
| 11 years | $-434 |
| 13 years | $2,408 |
| 15 years | $5,250 |
| 17 years | $8,092 |
| 19 years | $10,934 |
| 21 years | $13,777 |
| 23 years | $16,619 |
| 25 years | $19,461 |
Top Solar Installers in West Odessa
DIY solar panel installation is a possibility, but it's an undertaking that can be a headache. Taking advantage of an installer can make converting to solar power much easier. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and component replacements.
Working with a professional solar installer can help you make the most of your investment in solar. Here are our recommendations:
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 West Odessa
Factors that Affect Solar Panel Costs in West Odessa
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that will push your cost above or below the average in West Odessa: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
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 electricity your household uses, the larger your system will likely need to be. You can expect to spend about $3,330 per kilowatt in West Odessa.The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your power bills. Additionally, add-on products, like solar batteries, can bump up your total well above the West Odessa average.
Solar Financing Terms
Most solar installers in West Odessa offer solar loans, which reduce the initial cost of installing solar.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
The solar panel installer you pick will play a role in your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor.Larger national companies typically have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
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 | $17,828 | 11.2 years |
| 8 kW | $3.40 | $19,021 | $24,143 | 11.0 years |
| 10 kW | $3.33 | $23,310 | $30,645 | 10.8 years |
| 12 kW | $3.26 | $27,413 | $37,334 | 10.6 years |
| 14 kW | $3.20 | $31,329 | $44,209 | 10.4 years |
| 16 kW | $3.13 | $35,058 | $51,270 | 10.2 years |
| 18 kW | $3.06 | $38,601 | $58,518 | 9.9 years |
| 20 kW | $3.00 | $41,958 | $65,952 | 9.7 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose greatly affects your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Installation Process: Get details from your solar installer about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
- Solar Panel Brands: Different companies have different brands and models of panels. If you prefer a specific brand, make sure the solar panel installer you’re considering has it.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
- Contract: When looking over your solar installer’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
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 West Odessa, TX Solar Cost FAQs
How much does it cost to install solar panels in West Odessa?
This is a difficult question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $16,650 for a 5-kW system and $33,300 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 above-average energy usage. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
What other factors should I consider aside from cost when buying solar panels?
The initial cost is a very important factor to consider, but whether it’s the most important for you depends on your goals for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Do solar panels increase your home value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in West Odessa is currently $246,955, so you could be looking at a value of about $10,125 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in West Odessa is a worthwhile investment.
How long do solar panels last in West Odessa?
Although 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 how much energy they produce will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using 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.
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.