Solar Panel Cost Guide in White Settlement, TX (Sep 2022)
- White Settlement Solar Installation Cost: $14,405
- 25-Year Savings: $22,783
- Payback Period: 9.7 Years
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Updated 9/16/2022
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Average Cost of Solar Panels in White Settlement
Find out what the average cost of solar panels are in White Settlement.
The national average cost of solar panels is $2.66 per watt, but in White Settlement it's $3 per watt. The average solar panel system size in White Settlement is around 7.7 kilowatts, meaning a cost of about $14,405 for a solar installation, or $10,660 after the 30% federal solar tax credit is applied.
The true price you pay can be higher or lower than the average in White Settlement depending on a few factors, such as the brand of solar panels you choose and the solar company you hire. But, once you've paid the upfront cost of installation, the payback for most homeowners is typically good, with a net average savings of about $19,000 over 20 years on electricity bills.
You can click the button below to get connected with a pre-vetted solar installer in White Settlement that can help you get a more accurate cost estimate for your home.
Solar savings over time in White Settlement
| Year | Return on Investment |
|---|---|
| 1 years | $-12,917 |
| 3 years | $-9,942 |
| 5 years | $-6,967 |
| 7 years | $-3,992 |
| 9 years | $-1,017 |
| 11 years | $1,958 |
| 13 years | $4,933 |
| 15 years | $7,908 |
| 17 years | $10,883 |
| 19 years | $13,858 |
| 21 years | $16,833 |
| 23 years | $19,808 |
| 25 years | $22,783 |
Top Solar Installers in White Settlement
Although you can install solar panels by yourself, it takes extra energy and knowledge. That's why most homeowners choose a solar panel installer. Some solar installers, particularly local ones, can help you take advantage of incentives in White Settlement, thereby optimizing your ROI.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some nearby:
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
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few major factors that determine your overall cost in White Settlement: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment Size
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the key factors is the system size. Solar power systems with higher efficiency or power production require 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. The kind of solar panels and equipment you get is another factor that will significantly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment goes beyond just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking into a solar system that's in your budget.
Solar Financing Terms
Most solar companies in White Settlement provide solar loans, which reduce your upfront costs of installing solar. However, the interest on solar loans also increases your all-in costs, so it's important to take that into consideration as well. You can always reduce the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panel system can influence your pricing. White Settlement'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 your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to more 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 promotion can bring their pricing lower to compete with bigger companies.
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 | $17,413 | 10.1 years |
| 8 kW | $2.74 | $15,365 | $23,519 | 9.9 years |
| 10 kW | $2.69 | $18,830 | $29,775 | 9.7 years |
| 12 kW | $2.64 | $22,144 | $36,182 | 9.5 years |
| 14 kW | $2.58 | $25,308 | $42,740 | 9.3 years |
| 16 kW | $2.53 | $28,320 | $49,448 | 9.1 years |
| 18 kW | $2.47 | $31,182 | $56,307 | 8.9 years |
| 20 kW | $2.42 | $33,894 | $63,317 | 8.7 years |
Solar Incentives in White Settlement
| Name | Renewable Energy Systems Property Tax Exemption |
| Incentive Amount | 100% |
| Website | Visit here |
| More Info | Click here |
| Name | Texas Gas Service - Residential Energy Efficiency Rebate Program |
| Website | Visit here |
| More Info | Click here |
| Name | Residential Renewable Energy Tax Credit |
| Website | Visit here |
| More Info | Click here |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years in most cases provide quality solar panel installation and expertise.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
- Contract: Even though reading through a contract can take a lot of time, it's important to do it thoroughly so you can make sure you understand what services your solar company will provide 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?
The average cost of solar panels in White Settlement 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 stuff such as the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in White Settlement?
You can't get solar panels for free in White Settlement. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
How much can I save on electricity bills after switching to solar?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in White Settlement, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage 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 install between 20 and 35 panels to cover 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.
