Solar Panel Cost Guide in Abilene, TX (2024 Update)
- Abilene Solar Installation Cost: $16,854
- 25-Year Savings: $29,373
- Payback Period: 9.8 Years
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Average Cost of Solar Panels in Abilene
We go over average solar pricing in Abilene.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Abilene, the typical cost of solar panels is 3 per watt.Using this figure, a typical 7.2-kW system would cost about $16,854 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The exact cost of going solar can vary quite a bit depending on several factors, such as what size system you need, your energy consumption and what company you go with.With average savings of about $23,000 on utility bills over 20 years, many homeowners in Abilene find installing solar panels can pay off big.
Click the button below to get connected to a reputable solar installer in Abilene for a customized quote.
Solar savings over time in Abilene
| Year | Return on Investment |
|---|---|
| 1 years | $-15,113 |
| 3 years | $-11,632 |
| 5 years | $-8,151 |
| 7 years | $-4,669 |
| 9 years | $-1,188 |
| 11 years | $2,293 |
| 13 years | $5,775 |
| 15 years | $9,256 |
| 17 years | $12,737 |
| 19 years | $16,219 |
| 21 years | $19,700 |
| 23 years | $23,181 |
| 25 years | $26,662 |
Top Solar Installers in Abilene
Putting up solar panels on your own can be a challenging undertaking, which is why getting a solar installer is a good option for many homeowners. In addition, if you’d like to maximize your investment in solar power, opting for a solar installer can help with that as well. Different providers can offer warranties, expertise on installation and sometimes even information on local incentives.
If you’d like to go solar but still aren’t certain which solar system installer to go with, here are our recommendations for providers in Abilene:
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Abilene
Factors that Affect Solar Panel Costs in Abilene
There are a number of criteria that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation use 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 $3,330.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Abilene, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of 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
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are available from most installers in Abilene, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible.Though solar loans make adopting solar energy more accessible for Abilene homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you hire to handle your switch to solar energy can play a role in your total costs. There are about 3 solar panel companies in Abilene, and each can charge different amounts for labor and equipment.Additionally, some companies in Abilene are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $21,127 | 10.2 years |
| 8 kW | $3.40 | $19,021 | $28,542 | 10.0 years |
| 10 kW | $3.33 | $23,310 | $36,144 | 9.8 years |
| 12 kW | $3.26 | $27,413 | $43,933 | 9.6 years |
| 14 kW | $3.20 | $31,329 | $51,907 | 9.4 years |
| 16 kW | $3.13 | $35,058 | $60,069 | 9.2 years |
| 18 kW | $3.06 | $38,601 | $68,416 | 9.0 years |
| 20 kW | $3.00 | $41,958 | $76,951 | 8.8 years |
How to Save on Solar Panels
There are numerous companies available in Abilene, 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:
- Solar Panel Brands: Different companies offer various brands and types of panels. If you prefer a specific brand, make sure the solar company you’re considering has it.
- Installation Process: When making the switch to solar power, it’s crucial to maintain an open line of communication with your solar installer. Make sure you understand how the installation process will go and the project completion timeline.
- Contract: Review the contract terms closely to make sure you understand how much it will cost, completion timeline incentives and warranties.
- 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 installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Abilene, TX Solar Cost FAQs
What is the average cost of installing solar panels in Abilene?
The average cost of solar panels in Abilene is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the real cost will depend on things like the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Abilene?
You can’t get solar panels for free in Abilene. 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.
Does Abilene have a net metering program?
Each state has some form 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 power bills.
What solar power system size is right for my home?
To figure out what solar panel system size 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 usually 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.