Solar Panel Cost Guide in Weston Lakes, TX (2023 Update)
- Weston Lakes Solar Installation Cost: $14,333
- 25-Year Savings: $20,987
- Payback Period: 10.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Weston Lakes
Find out what the average cost of solar panels are in Weston Lakes.
While the national average of solar panels is $2.66 per watt, solar panels in Weston Lakes typically cost about 2.69. The average solar panel system size in Weston Lakes is around 7.6 kilowatts, meaning a cost of about $14,330 for a solar installation, or $20,492 before the 30% federal solar tax credit is applied.
The true cost of your system can be higher or lower than the average in Weston Lakes depending on a few factors, such as the brand of solar panels you choose and the solar contractor you hire. Even with the large initial cost, the average Weston Lakes homeowner can save about $18,000 on their power bills over 20 years, which is one of the positives of solar.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Weston Lakes
| Year | Return on Investment |
|---|---|
| 1 years | $-14,215 |
| 3 years | $-13,979 |
| 5 years | $-13,744 |
| 7 years | $-13,508 |
| 9 years | $-13,273 |
| 11 years | $-13,038 |
| 13 years | $-12,802 |
| 15 years | $-12,567 |
| 17 years | $-12,331 |
| 19 years | $-12,096 |
| 21 years | $-11,860 |
| 23 years | $-11,625 |
| 25 years | $-11,389 |
Top Solar Installers in Weston Lakes
When going solar, many homeowners opt to hire a solar installer since installing a solar system yourself can be a challenging project. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long run with their warranties, repair services and expert design.
Working with a professional solar installer can make going solar easier. 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 Weston Lakes
Factors that Affect Solar Panel Costs in Weston Lakes
Cost is typically one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that determine your overall cost in Weston Lakes: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Weston Lakes, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy consumption, which you can gauge by looking at past energy bills. Your total cost can increase by around $2,690 for each additional kilowatt you need. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Weston Lakes, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are offered by most installers in Weston Lakes, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also adds to your all-in costs, so it's important to consider that as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you hire to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Weston Lakes, and each can charge varying amounts for labor and equipment. Larger national companies usually have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional 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 | $2.80 | $11,750 | $16,091 | 10.6 years |
| 8 kW | $2.74 | $15,365 | $21,756 | 10.3 years |
| 10 kW | $2.69 | $18,830 | $27,572 | 10.1 years |
| 12 kW | $2.64 | $22,144 | $33,538 | 9.9 years |
| 14 kW | $2.58 | $25,308 | $39,655 | 9.7 years |
| 16 kW | $2.53 | $28,320 | $45,923 | 9.5 years |
| 18 kW | $2.47 | $31,182 | $52,341 | 9.3 years |
| 20 kW | $2.42 | $33,894 | $58,910 | 9.1 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Different companies offer 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.
- Warranty: If you're worried about the longevity of your solar energy system, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to do the job well. Another way you can verify your installer's reputation is by reading reviews.
- Contract: When looking through your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
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 Weston Lakes, TX Solar Cost FAQs
What is the average cost of installing solar panels in Weston Lakes?
The average cost of solar panels in Weston Lakes is about $13,450 for a 5-kW system and $26,900 for a 10-kW system before the ITC, but the real cost will depend on things like the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration 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 will having solar panels impact my home value?
Solar panels can increase your home value considerably as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can 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 buy 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.