Solar Panel Cost Guide in Willow Park, TX (2024 Update)
- Willow Park Solar Installation Cost: $17,611
- 25-Year Savings: $15,644
- Payback Period: 14.7 Years
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Average Cost of Solar Panels in Willow Park
We go over average solar pricing in Willow Park.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Willow Park, the average cost of a solar system is 3 per watt.Using this figure, a typical 7.6-kW system would cost about $17,611 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of installing solar panels can vary based on several factors, such as how many panels you need, your energy usage and what company you go with.Despite the large upfront cost, the average Willow Park homeowner can save around $15,000 on their electricity bills over 20 years, which is one of the benefits of solar.
To get a free quote from a pre-vetted solar installer in Willow Park, you can click the button below.
Solar savings over time in Willow Park
| Year | Return on Investment |
|---|---|
| 1 years | $-16,413 |
| 3 years | $-14,019 |
| 5 years | $-11,625 |
| 7 years | $-9,230 |
| 9 years | $-6,836 |
| 11 years | $-4,441 |
| 13 years | $-2,047 |
| 15 years | $347 |
| 17 years | $2,742 |
| 19 years | $5,136 |
| 21 years | $7,531 |
| 23 years | $9,925 |
| 25 years | $12,320 |
Top Solar Installers in Willow Park
Although you can install solar panels on your own, it takes extra labor and expertise. Because of that, most people choose to go with a solar panel installer. The payback period on a solar system will vary based on factors like your roof configuration and energy consumption, but working with a solar installer can shorten it. Your provider will be able to help you apply for incentives available in your area.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some near you:
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 Willow Park
Factors that Affect Solar Panel Costs in Willow Park
There are many factors that can affect your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. For that reason, it’s crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Willow Park, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Willow Park to be too costly, even if the investment pays off over time. Fortunately, almost every solar installer in the area offers financing options. Solar loans remarkably decrease upfront costs in most cases, but they also lead to a higher cost over time because of interest.It’s a good idea to factor 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
A final consideration when trying to estimate the cost of solar for your home or business in Willow Park is the company you get to install your PV system. Similar to choosing a company to install new cabinets, for example, you’ll have no shortage of solar installers that provide a range of services for different budgets.You may notice national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $9,176 | 15.3 years |
| 8 kW | $3.40 | $19,021 | $12,608 | 15.0 years |
| 10 kW | $3.33 | $23,310 | $16,226 | 14.7 years |
| 12 kW | $3.26 | $27,413 | $20,031 | 14.4 years |
| 14 kW | $3.20 | $31,329 | $24,022 | 14.2 years |
| 16 kW | $3.13 | $35,058 | $28,199 | 13.9 years |
| 18 kW | $3.06 | $38,601 | $32,564 | 13.6 years |
| 20 kW | $3.00 | $41,958 | $37,114 | 13.3 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years in most cases offer good-quality solar panel installation and expertise.
- Contract: When reading over 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 part breaking or if the company goes out of business.
- Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the best you can get in the business, and offering that kind of warranty is one mark of a quality company.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
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 Willow Park, TX Solar Cost FAQs
What is the average cost of installing solar panels in Willow Park?
The average cost of solar panels in Willow Park is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to keep in mind when buying solar panels?
The initial cost is a key 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 think about are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Willow Park?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future utility bills.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.