Solar Panel Cost Guide in Borger, TX (2024 Update)
- Borger Solar Installation Cost: $17,057
- 25-Year Savings: $26,896
- Payback Period: 10.5 Years
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Average Cost of Solar Panels in Borger
We break down average solar pricing in Borger.
Although the national average of solar panels is $2.66 per watt, solar panels in Borger generally cost around 3.Because a 7.3-kW system is needed to cover the energy usage of a typical home in Borger, the average price of going solar will be about $17,057 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The actual cost of making the switch to solar can vary depending on multiple factors, such as what size system you need, your energy usage and what company you go with.With average savings of about $21,000 on energy bills over 20 years, many homeowners in Borger find installing solar panels has a decent ROI.
You can click the button below to get connected with a pre-vetted solar company in Borger for a quote for your home.
Solar savings over time in Borger
| Year | Return on Investment |
|---|---|
| 1 years | $-15,741 |
| 3 years | $-13,109 |
| 5 years | $-10,476 |
| 7 years | $-7,844 |
| 9 years | $-5,212 |
| 11 years | $-2,579 |
| 13 years | $53 |
| 15 years | $2,686 |
| 17 years | $5,318 |
| 19 years | $7,950 |
| 21 years | $10,583 |
| 23 years | $13,215 |
| 25 years | $15,848 |
Top Solar Installers in Borger
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a headache. Hiring an installer can make swapping over to solar power much easier. The payback period of solar panels will vary depending on factors like your location and energy use, but going with a solar installer can shorten that period. Your provider will be able to help you identify incentives available in your area.
If you’d like to start using solar energy but still aren’t certain which solar panel installer to go with, here are our suggestions 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 Borger
Factors that Affect Solar Panel Costs in Borger
The cost of installing a solar system in Borger can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay around $3,330 per kilowatt in Borger.The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your energy bills. In addition, add-on products, like solar batteries, can bump up your total well above the Borger average.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are available from most installers in Borger, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable.It’s wise to add the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
The final significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of renewable energy solutions in Borger, you’ll have a great number of options to choose from, but each comes at various price points for labor and equipment.Larger national companies generally have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.
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 | $18,806 | 10.9 years |
| 8 kW | $3.40 | $19,021 | $25,447 | 10.7 years |
| 10 kW | $3.33 | $23,310 | $32,275 | 10.5 years |
| 12 kW | $3.26 | $27,413 | $39,290 | 10.3 years |
| 14 kW | $3.20 | $31,329 | $46,491 | 10.1 years |
| 16 kW | $3.13 | $35,058 | $53,878 | 9.9 years |
| 18 kW | $3.06 | $38,601 | $61,452 | 9.6 years |
| 20 kW | $3.00 | $41,958 | $69,213 | 9.4 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, 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:
- Contract: Before you sign a contract with a solar company, be sure to look it over fully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Even though there are many options for which kind 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 options before deciding.
- Warranty: Warranties that provide coverage for replacement parts and repairs over a couple decades are the best you can get in the business, and offering such a warranty is one indication of a quality company.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like the EcoWatch team.
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 Borger, TX Solar Cost FAQs
What is the average cost of installing solar panels in Borger?
This is a tough question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $16,650 for a 5-kW system and $33,300 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Borger?
Solar panels aren’t free in Borger, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Do solar panels increase your home value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Borger is currently $84,987, which means you could be looking at a value of about $3,484 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Borger is a rewarding investment.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home 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.