Solar Panel Cost Guide in Aledo, TX (2024 Update)
- Aledo Solar Installation Cost: $17,611
- 25-Year Savings: $22,962
- Payback Period: 11.8 Years
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Average Cost of Solar Panels in Aledo
Find out what the average cost of installing solar panels is in Aledo.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Aledo, the average cost of solar panels is 3 per watt.The average solar panel system size in Aledo is around 7.6 kilowatts, meaning a cost of about $17,611 for a solar installation, or $25,184 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Aledo homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.But, after you've paid the upfront cost of installation, the savings for most homeowners is typically fruitful, with a net average savings of about $20,000 over 20 years on electricity bills.
You can click the button below to get connected with a vetted solar company in Aledo for a quote for your home.
Solar savings over time in Aledo
| Year | Return on Investment |
|---|---|
| 1 years | $-16,190 |
| 3 years | $-13,347 |
| 5 years | $-10,505 |
| 7 years | $-7,663 |
| 9 years | $-4,821 |
| 11 years | $-1,979 |
| 13 years | $863 |
| 15 years | $3,706 |
| 17 years | $6,548 |
| 19 years | $9,390 |
| 21 years | $12,232 |
| 23 years | $15,074 |
| 25 years | $17,916 |
Top Solar Installers in Aledo
When switching to solar energy, many homeowners decide to use a solar installer since putting up a solar system yourself can be a challenging project. Plus, warranties and repairs from your solar panel company can protect your investment and lower the cost of maintenance over the lifespan of your panels.
If you’d like to start using solar energy but still aren’t certain which solar company to go with, here are our recommendations for providers 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 Aledo
Factors that Affect Solar Panel Costs in Aledo
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few major factors that affect your total cost in Aledo: 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
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,330. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Aledo, 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 a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are a solid route because they decrease your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
Finally, the company you get to install your solar panel system can play a role in determining your pricing. Aledo’s solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and go with the company that has the products, warranties and services you want and also fits within your budget.
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 | $14,988 | 12.3 years |
| 8 kW | $3.40 | $19,021 | $20,357 | 12.1 years |
| 10 kW | $3.33 | $23,310 | $25,913 | 11.8 years |
| 12 kW | $3.26 | $27,413 | $31,655 | 11.6 years |
| 14 kW | $3.20 | $31,329 | $37,583 | 11.4 years |
| 16 kW | $3.13 | $35,058 | $43,698 | 11.1 years |
| 18 kW | $3.06 | $38,601 | $49,999 | 10.9 years |
| 20 kW | $3.00 | $41,958 | $56,487 | 10.7 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: The brand of solar panel you’d like to get plays a role in which installer you should go with, since different companies have access to different panels.
- Warranty: If you’re concerned about the longevity of your solar energy system, making sure your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to get the job done well. Another way you can research your installer’s reputation is by reading reviews.
- Contract: Although reading through a contract can be tedious, it’s important to do it thoroughly so you can make sure you understand what services your solar company will provide and the terms of the warranty.
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 Aledo, TX Solar Cost FAQs
What is the average cost of installing solar panels in Aledo?
The average cost of solar panels in Aledo 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 certain factors like the type of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
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 trump 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 Aledo?
Most states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is how much energy they produce will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using them at a lower efficiency.
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.