Solar Panel Cost Guide in Denton, MD (2025 Update)
- Denton Solar Installation Cost: $13,576
- 25-Year Savings: $14,659
- Payback Period: 13.4 Years
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Average Cost of Solar Panels in Denton
Find out how much it might cost to make the switch to solar in Denton.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Denton, the average cost of a solar system is 4 per watt.Using this figure, a typical 5.5-kW system would cost about $13,576 before the 0 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 use, the type of equipment you choose, your solar contractor and more.But, after you've paid the upfront cost of installation, the savings for most homeowners is usually good, with a net average savings of about $18,000 over 20 years on electricity bills.
Click the button below to get connected to a vetted solar panel company in your area for a personalized quote.
Solar savings over time in Denton
| Year | Return on Investment |
|---|---|
| 1 years | $-11,863 |
| 3 years | $-8,437 |
| 5 years | $-5,011 |
| 7 years | $-1,585 |
| 9 years | $1,841 |
| 11 years | $5,267 |
| 13 years | $8,693 |
| 15 years | $12,118 |
| 17 years | $15,544 |
| 19 years | $18,970 |
| 21 years | $22,396 |
| 23 years | $25,822 |
| 25 years | $29,248 |
Top Solar Installers in Denton
Although you can install solar panels yourself, it requires extra effort and knowledge. For that reason, the majority of homeowners choose to go with a solar panel installer. The payback period on an investment in solar panels will vary depending on factors like your location and energy needs, but going with a solar company can shorten it. Your provider will be able to help you get the most out of incentives available in your area.
If you're on the hunt for a solar installer in Denton, the EcoWatch team has put together a list of our top suggestions here:
See all of the solar companies in Denton
Factors that Affect Solar Panel Costs in Denton
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that will push your cost above or below the average in Denton: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation 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 $3,540.The kind of solar panels and equipment you want is another factor that will substantially affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to decide on 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
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That’s why many Denton homeowners opt to finance their solar panel systems to make paying for solar more affordable.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The final key cost factor you should keep in mind is the installer you choose. Given the booming popularity of sustainable energy solutions in Denton, you’ll have a great number of options to choose from, but each comes at varying price points for labor and equipment.The size of the company sometimes plays the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower 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 | $3.68 | $15,463 | $12,226 | 14.0 years |
| 8 kW | $3.61 | $20,220 | $16,697 | 13.7 years |
| 10 kW | $3.54 | $24,780 | $21,367 | 13.4 years |
| 12 kW | $3.47 | $29,141 | $26,235 | 13.2 years |
| 14 kW | $3.40 | $33,304 | $31,302 | 12.9 years |
| 16 kW | $3.33 | $37,269 | $36,566 | 12.6 years |
| 18 kW | $3.26 | $41,036 | $42,029 | 12.4 years |
| 20 kW | $3.19 | $44,604 | $47,690 | 12.1 years |
How to Save on Solar Panels
There are many 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:
- Warranty: If you care about the durability of your solar panels, checking if your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
- Reputation: Companies that have been in business for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
EcoWatch's Denton, MD Solar Cost FAQs
What is the average cost of installing solar panels in Denton?
The average cost of solar panels in Denton is about $17,700 for a 5-kW system and $35,400 for a 10-kW system before the ITC, but the actual cost will depend on certain factors 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 consideration when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Denton?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future power bills.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and the amount of 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.