Solar Panel Cost Guide in Clyde, TX (2024 Update)
- Clyde Solar Installation Cost: $17,026
- 25-Year Savings: $26,982
- Payback Period: 10.4 Years
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Average Cost of Solar Panels in Clyde
We go over average solar pricing in Clyde.
Although the national average of solar panels is $2.66 per watt, solar panels in Clyde typically cost around 3.Because a 7.3-kW system is needed to cover the energy consumption of a typical home in Clyde, the average price of going solar will be about $17,026 after claiming the federal solar tax credit of 0.
Remember that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy consumption, the type of solar panels you choose, your solar contractor and more.But, once you've paid the initial cost of installation, the payback for most homeowners is typically rewarding, with a net average savings of about $21,000 over 20 years on energy bills.
You can click the button below to get connected with a vetted solar company in Clyde for a quote for your home.
Solar savings over time in Clyde
| Year | Return on Investment |
|---|---|
| 1 years | $-15,466 |
| 3 years | $-12,347 |
| 5 years | $-9,228 |
| 7 years | $-6,108 |
| 9 years | $-2,989 |
| 11 years | $131 |
| 13 years | $3,250 |
| 15 years | $6,369 |
| 17 years | $9,489 |
| 19 years | $12,608 |
| 21 years | $15,728 |
| 23 years | $18,847 |
| 25 years | $21,966 |
Top Solar Installers in Clyde
Although it's possible to install solar panels by yourself, it requires extra energy and handiness. That's one of the reasons almost all homeowners choose to go with a solar panel installer. Another upside of utilizing a solar installer is that they can help you optimize your return of investment by lowering your future costs of repairs and replacements due to warranties and helping you learn about local incentives you can take advantage of.
If you’d like to start using solar energy but still aren’t sure which solar installer 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 Clyde
Factors that Affect Solar Panel Costs in Clyde
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that affect your total cost in Clyde: 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
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. That’s why it’s crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.The kind of solar panels and equipment you choose is another factor that will largely influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions 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 for a solar system that falls within your budget.
Solar Financing Terms
If paying for solar panels out of pocket is too expensive, solar loans are a popular option because they decrease your upfront costs and allow you to pay for your system over five to seven years on average.Although solar loans make switching to solar energy more accessible for Clyde homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Finally, the company you choose to install your solar panels can play a part in determining how much it costs. Clyde’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally 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 additional 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 | $18,917 | 10.9 years |
| 8 kW | $3.40 | $19,021 | $25,595 | 10.7 years |
| 10 kW | $3.33 | $23,310 | $32,460 | 10.4 years |
| 12 kW | $3.26 | $27,413 | $39,512 | 10.2 years |
| 14 kW | $3.20 | $31,329 | $46,750 | 10.0 years |
| 16 kW | $3.13 | $35,058 | $54,174 | 9.8 years |
| 18 kW | $3.06 | $38,601 | $61,785 | 9.6 years |
| 20 kW | $3.00 | $41,958 | $69,582 | 9.4 years |
How to Save on Solar Panels
The solar panel company you choose will be a major factor in determining not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should consider, such as:
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running smoothly and save you money on repairs and maintenance.
- Contract: It’s important to look over your solar installer’s contract well to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can verify your installer’s reputation is by reading reviews.
- Solar Panel Brands: Different companies will offer various brands and types of panels. If you know you want 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 Clyde, TX Solar Cost FAQs
How much does it cost to install solar panels in Clyde?
The average cost of solar panels in Clyde 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 stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is switching to solar power worth it?
Solar panels can be a good investment for lots 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 pretty low, solar panels might not be for you.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses 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.