Solar Panel Cost Guide in Wimberley, TX (2023 Update)
- Wimberley Solar Installation Cost: $14,217
- 25-Year Savings: $23,964
- Payback Period: 9.3 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated May 04, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Wimberley
Let's have a look at the average cost of solar panels in Wimberley.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Wimberley, the average cost of a solar system is 2.69 per watt. The average solar panel system size in Wimberley is around 7.5 kilowatts, meaning a cost of about $14,217 for a solar installation, or $20,330 before the 30% federal solar tax credit is applied.
How much you pay can go above or below the average in Wimberley based on several factors, such as the brand of solar panels you choose and the solar contractor you hire. For many homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $19,000 in savings on energy bills over 20 years.
Click the button below to get connected to a vetted solar installer in your area for a customized estimate.
Solar savings over time in Wimberley
| Year | Return on Investment |
|---|---|
| 1 years | $-12,689 |
| 3 years | $-9,635 |
| 5 years | $-6,580 |
| 7 years | $-3,526 |
| 9 years | $-471 |
| 11 years | $2,583 |
| 13 years | $5,637 |
| 15 years | $8,692 |
| 17 years | $11,746 |
| 19 years | $14,801 |
| 21 years | $17,855 |
| 23 years | $20,910 |
| 25 years | $23,964 |
Top Solar Installers in Wimberley
Trying to install solar panels on your own can be a difficult undertaking, which is why getting a solar installation company is a good option for many homeowners. A solar company can also help save you money over time by providing warranties, repairs and component replacements.
There are a number of licensed solar professionals that can help you install your solar system. Here are our suggestions:
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 Wimberley
Factors that Affect Solar Panel Costs in Wimberley
There are a number of factors that can play into your total 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
The size of the solar energy system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,690. The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That's why many Wimberley homeowners opt to finance their solar panel systems to make paying for solar more affordable. When estimating your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panels can impact your pricing. Wimberley's solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices because of their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those larger 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 | $18,587 | 9.7 years |
| 8 kW | $2.74 | $15,365 | $25,084 | 9.5 years |
| 10 kW | $2.69 | $18,830 | $31,732 | 9.3 years |
| 12 kW | $2.64 | $22,144 | $38,530 | 9.1 years |
| 14 kW | $2.58 | $25,308 | $45,479 | 8.9 years |
| 16 kW | $2.53 | $28,320 | $52,578 | 8.8 years |
| 18 kW | $2.47 | $31,182 | $59,828 | 8.6 years |
| 20 kW | $2.42 | $33,894 | $67,229 | 8.4 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Wimberley, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years in most cases provide 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 component breaking or if the company goes out of business.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Even though there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you ask for their list of offerings before deciding.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one sign of a good company.
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 Wimberley, TX Solar Cost FAQs
How much does it cost to install solar panels in Wimberley?
The average cost of solar panels in Wimberley 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 like the type of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to consider when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Wimberley?
Solar panels can be a good investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already reasonably low, solar panels might not be for you.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household 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.