Solar Panel Cost Guide in Cameron, TX (2024 Update)
- Cameron Solar Installation Cost: $17,610
- 25-Year Savings: $20,143
- Payback Period: 12.8 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Cameron
See how much it might cost to make the switch to solar in Cameron.
The national average cost of solar panels is $2.66 per watt, but in Cameron it’s 3 per watt.To account for the typical energy needs of the average home in Cameron, most homeowners require a 7.6-kilowatt system. Using the per-watt figure above, a solar installation costs around $17,610, or $25,182 before the federal solar tax credit of 0 is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy needs, the type of equipment you choose, your solar contractor and more.With typical savings of about $17,000 on utility bills over 20 years, many homeowners in Cameron find installing solar panels has a decent ROI.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Cameron
Year | Return on Investment |
---|---|
1 years | $-16,311 |
3 years | $-13,714 |
5 years | $-11,117 |
7 years | $-8,520 |
9 years | $-5,923 |
11 years | $-3,326 |
13 years | $-729 |
15 years | $1,869 |
17 years | $4,466 |
19 years | $7,063 |
21 years | $9,660 |
23 years | $12,257 |
25 years | $14,854 |
Top Solar Installers in Cameron
When making the switch to solar, many homeowners choose to hire a solar installation company since putting up solar panels yourself can be a difficult project. Solar warranties and repairs are typically included in the cost of installation when you hire a solar contractor too, which can save you more money over time.
If you’d like to switch to solar energy but still aren’t certain which solar system installer to go with, here are our suggestions for providers 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 Cameron
Factors that Affect Solar Panel Costs in Cameron
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few primary factors that affect your total cost in Cameron: 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
One of the most significant 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 electricity your household consumes, the larger your system will likely need to be. You can expect to pay around $3,330 per kilowatt in Cameron.The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Cameron to be prohibitively costly, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also result in higher prices over time because of interest.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar company you go with to handle your switch to clean energy can play a part in your total costs. There are about 3 solar installation companies in Cameron, and each can charge varying amounts for labor and equipment.Larger national companies typically have lower costs, but some local companies compete with 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 car 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 | $12,750 | 13.3 years |
8 kW | $3.40 | $19,021 | $17,374 | 13.1 years |
10 kW | $3.33 | $23,310 | $22,183 | 12.8 years |
12 kW | $3.26 | $27,413 | $27,179 | 12.6 years |
14 kW | $3.20 | $31,329 | $32,362 | 12.3 years |
16 kW | $3.13 | $35,058 | $37,731 | 12.0 years |
18 kW | $3.06 | $38,601 | $43,286 | 11.8 years |
20 kW | $3.00 | $41,958 | $49,028 | 11.5 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:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Contract: Review the contract terms thoroughly to make sure you understand the cost breakdown, project completion timeline rebates and warranties.
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Different companies will carry various brands and models of panels. If you prefer a specific brand, make sure the solar panel installer you’re considering has it.
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 Cameron, TX Solar Cost FAQs
What is the average cost of installing solar panels in Cameron?
This is a hard question to answer exactly, because the cost depends on many 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. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Cameron?
A solar panel system isn’t free in Cameron, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is it worth going solar in Cameron?
Solar panels can be a great investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already fairly low, solar panels might not be for you.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.