Solar Panel Cost Guide in Ballinger, TX (2024 Update)
- Ballinger Solar Installation Cost: $16,761
- 25-Year Savings: $23,450
- Payback Period: 11.3 Years
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Average Cost of Solar Panels in Ballinger
Here’s how much it might cost to go solar in Ballinger.
Although the national average of solar panels is $2.66 per watt, solar panels in Ballinger generally cost about 3.The average Ballinger homeowner needs a 7.2-kilowatt system, which would cost about $16,761 with the federal tax credit, or $23,968 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The exact cost of installing solar panels can vary quite a bit depending on several factors, such as what size system you need, your energy consumption and what solar installer you go with.With average savings of about $21,000 on energy bills over 20 years, many homeowners in Ballinger find installing solar panels can be quite rewarding.
Click the button below to get connected to a vetted solar company in your area for a personalized quote.
Solar savings over time in Ballinger
| Year | Return on Investment |
|---|---|
| 1 years | $-15,340 |
| 3 years | $-12,498 |
| 5 years | $-9,656 |
| 7 years | $-6,814 |
| 9 years | $-3,971 |
| 11 years | $-1,129 |
| 13 years | $1,713 |
| 15 years | $4,555 |
| 17 years | $7,397 |
| 19 years | $10,239 |
| 21 years | $13,082 |
| 23 years | $15,924 |
| 25 years | $18,766 |
Top Solar Installers in Ballinger
Although you can install solar panels yourself, it involves extra energy and expertise. That's why the majority of homeowners choose to go with a solar panel installer. Another good thing about choosing a vetted solar installer is that it'll usually provide warranties and free repairs, which help protect your solar system over time.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some nearby:
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 Ballinger
Factors that Affect Solar Panel Costs in Ballinger
Even though the average cost of a solar system in Ballinger is $16,761, your final cost may be above or below the average. There are several factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to consider.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay around $3,330 per kilowatt in Ballinger.There are several different solar panel brands and the one you pick also affects the cost. Generally speaking, the brands that have better efficiency tend to also be more expensive. Additionally, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That’s why many Ballinger homeowners opt to finance their solar panel systems to make going solar more affordable.Even though solar loans make going solar more accessible for Ballinger homeowners, they can also increase the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you go with to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Ballinger, and each can charge varying amounts for labor and equipment.Additionally, some companies in Ballinger have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 | $16,319 | 11.8 years |
| 8 kW | $3.40 | $19,021 | $22,132 | 11.6 years |
| 10 kW | $3.33 | $23,310 | $28,131 | 11.3 years |
| 12 kW | $3.26 | $27,413 | $34,317 | 11.1 years |
| 14 kW | $3.20 | $31,329 | $40,689 | 10.9 years |
| 16 kW | $3.13 | $35,058 | $47,248 | 10.6 years |
| 18 kW | $3.06 | $38,601 | $53,993 | 10.4 years |
| 20 kW | $3.00 | $41,958 | $60,925 | 10.2 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Installation Process: When going solar, it’s crucial to keep an open line of communication with your solar panel company. Confirm that you understand how the installation process works and the completion timeline.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years likely offer high-quality solar panel installation and expertise.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for years to come and save you money on part replacement and repairs.
- Contract: When looking over your solar company’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
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 Ballinger, TX Solar Cost FAQs
What is the average cost of installing solar panels in Ballinger?
The average cost of solar panels in Ballinger 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 kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Ballinger?
You can’t get solar panels for free in Ballinger. 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 want to own your solar panels, you can finance them with a solar loan.
Do solar panels increase your home value?
Solar panels can increase your home value considerably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level 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.