Solar Panel Cost Guide in Camp Swift, TX (2024 Update)
- Camp Swift Solar Installation Cost: $17,620
- 25-Year Savings: $23,223
- Payback Period: 11.8 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Camp Swift
We go over average solar pricing in Camp Swift.
Although the national average of solar panels is $2.66 per watt, solar panels in Camp Swift typically cost about 3.To account for the typical energy usage of the average home in Camp Swift, most homeowners require a 7.6-kilowatt system. Using the per-watt figure above, a solar installation costs about $17,620, or $25,197 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The actual cost of going solar can vary quite a bit depending on multiple factors, such as what size system you need, your energy usage and what installation company you go with.But, after you've paid the initial cost of installation, the ROI for most homeowners is usually rewarding, with a net average savings of about $19,000 over 20 years on utility bills.
You can click the button below to get connected with a pre-vetted solar installer in Camp Swift that can help you get a more accurate cost estimate for your home.
Solar savings over time in Camp Swift
| Year | Return on Investment |
|---|---|
| 1 years | $-16,247 |
| 3 years | $-13,503 |
| 5 years | $-10,758 |
| 7 years | $-8,013 |
| 9 years | $-5,268 |
| 11 years | $-2,523 |
| 13 years | $221 |
| 15 years | $2,966 |
| 17 years | $5,711 |
| 19 years | $8,456 |
| 21 years | $11,201 |
| 23 years | $13,945 |
| 25 years | $16,690 |
Top Solar Installers in Camp Swift
When switching to solar energy, many homeowners prefer to hire a solar installer since overseeing your solar installation yourself can be a difficult project. Solar installers offer key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 Camp Swift
Factors that Affect Solar Panel Costs in Camp Swift
For many Camp Swift homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Camp Swift, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar system in Camp Swift, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy consumption, which you can determine by looking at past power bills. Your total cost can increase by around $3,330 for each additional kilowatt you need.The model of solar panels and equipment you choose is another factor that will significantly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Further, solar equipment consists of more than just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are provided by most installers in Camp Swift, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable.It’s wise to factor 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 the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Camp Swift is the company you choose to install your solar panel system. As with choosing a company to install new cabinets, for example, you’ll have many options for solar installers that offer a range of services for different budgets.Larger national companies usually have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to 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 | $15,186 | 12.2 years |
| 8 kW | $3.40 | $19,021 | $20,621 | 12.0 years |
| 10 kW | $3.33 | $23,310 | $26,242 | 11.8 years |
| 12 kW | $3.26 | $27,413 | $32,050 | 11.5 years |
| 14 kW | $3.20 | $31,329 | $38,044 | 11.3 years |
| 16 kW | $3.13 | $35,058 | $44,225 | 11.1 years |
| 18 kW | $3.06 | $38,601 | $50,592 | 10.8 years |
| 20 kW | $3.00 | $41,958 | $57,146 | 10.6 years |
How to Save on Solar Panels
There are many companies to choose from in Camp Swift, 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:
- Installation Process: Make sure you’re on the same page with the installer with regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you choose.
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Contract: When looking over your solar installer’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
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 Camp Swift, TX Solar Cost FAQs
How much does it cost to install solar panels in Camp Swift?
This is a tough question to answer precisely, because the cost depends on a few different factors. Broadly 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 needs. On the other hand, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Are solar panels free in Camp Swift?
You can’t get solar panels for free in Camp Swift. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
How much can I save on energy bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $991.04 per year.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount 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.