Solar Panel Cost Guide in White Settlement, TX (Aug 2022)
- White Settlement Solar Installation Cost: $15,228
- 25-Year Savings: $21,960
- Payback Period: 10.2 Years
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Updated 7/19/2022
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Average Cost of Solar Panels in White Settlement
We break down average solar pricing in White Settlement.
In White Settlement, solar panels cost about $3 per watt on average. Using this figure, a typical 7.7 would cost about $15,228 before the federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may look quite different based on your household energy consumption, the type of solar system you choose, your solar contractor and more. With typical savings of about $19,000 on electricity bills over 20 years, many homeowners in White Settlement find investing in solar can be quite rewarding.
Click the button below to get connected to a reputable solar panel company in White Settlement for a personalized quote.
Solar savings over time in White Settlement
| Year | Return on Investment |
|---|---|
| 1 years | $-13,741 |
| 3 years | $-10,766 |
| 5 years | $-7,791 |
| 7 years | $-4,816 |
| 9 years | $-1,840 |
| 11 years | $1,135 |
| 13 years | $4,110 |
| 15 years | $7,085 |
| 17 years | $10,060 |
| 19 years | $13,035 |
| 21 years | $16,010 |
| 23 years | $18,985 |
| 25 years | $21,960 |
Top Solar Installers in White Settlement
Installing solar panels yourself can be a challenging task, which is why using a solar installation company is a good option for many homeowners. Another good thing about using a top solar installer is that it'll likely provide warranties and free repairs, which help protect your investment.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 White Settlement
Factors that Affect Solar Panel Costs in White Settlement
For many White Settlement homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in White Settlement, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment Size
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the most significant factors is the system size. Solar power systems with better efficiency or power production need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,690. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like White Settlement, where sunlight is abundant, efficiency can quickly pay off. Plus, 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
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That's why many White Settlement homeowners choose to finance their solar panel systems to make paying for solar more affordable. 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 off the loan.
Solar Panel Installation Company
The final key cost factor you should consider is the installer you choose. Given the massive popularity of clean energy solutions in White Settlement, you'll have many options to choose from, but each comes at different price points for labor and equipment. The size of the company can sometimes play the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of more 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 | $2.80 | $12,421 | $16,742 | 10.6 years |
| 8 kW | $2.74 | $16,243 | $22,641 | 10.4 years |
| 10 kW | $2.69 | $19,906 | $28,699 | 10.2 years |
| 12 kW | $2.64 | $23,409 | $34,917 | 10.0 years |
| 14 kW | $2.58 | $26,754 | $41,294 | 9.8 years |
| 16 kW | $2.53 | $29,939 | $47,830 | 9.6 years |
| 18 kW | $2.47 | $32,964 | $54,525 | 9.4 years |
| 20 kW | $2.42 | $35,831 | $61,380 | 9.2 years |
Solar Incentives in White Settlement
| Name | Renewable Energy Systems Property Tax Exemption |
| Incentive Amount | 100% |
| Website | Visit here |
| More Info | Click here |
| Name | ITC |
| Type | Tax Incentive |
| Incentive Amount | 26% of installation cost |
| Website | Visit here |
How to Save on Solar Panels
The solar installer you choose will affect not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, including:
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
- Installation Process: One of the most important things to understand when adopting solar power is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should secure and how long the project will take.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely have a solid reputation and are qualified to install your solar system. Another way you can look into your installer's reputation is by reading reviews.
- Contract: Although reading through a contract can take a lot of time, it's important to do it carefully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
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 White Settlement, TX Solar Cost FAQs
What is the average cost of installing solar panels in White Settlement?
This is a hard question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $13,450 for a 5-kW system and $26,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration 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 cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Can you sell solar power back to the grid in White Settlement?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future power bills.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house 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.
