Solar Panel Cost Guide in Commerce, TX (2024 Update)

  • Commerce Solar Installation Cost: $18,128
  • 25-Year Savings: $22,544
  • Payback Period: 12.2 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Commerce

Let’s take a look at the average cost of solar in Commerce.

Although the national average of solar panels is $2.66 per watt, solar panels in Commerce typically cost around 3.The average solar panel system size in Commerce is around 7.8 kilowatts, meaning a cost of about $18,128 for a solar installation, or $25,923 before the 0 federal solar tax credit is applied.

The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of going solar can vary quite a bit based on multiple factors, such as what size system you need, your energy consumption and what solar installer you go with.Despite the large upfront cost, the average Commerce homeowner can save around $19,000 on their electricity bills over 20 years, which is one of the benefits of solar.

Click the button below to get connected to a top solar company in Commerce for a customized estimate.

Solar savings over time in Commerce

Year Return on Investment
1 years $-16,263
3 years $-12,532
5 years $-8,802
7 years $-5,071
9 years $-1,340
11 years $2,390
13 years $6,121
15 years $9,852
17 years $13,582
19 years $17,313
21 years $21,044
23 years $24,774
25 years $28,505

Top Solar Installers in Commerce

Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a pain. Hiring an installer can make swapping over to solar power much easier. The payback period of solar panels will vary based on factors like your roof configuration and energy consumption, but going with a solar installer can shorten that period. Your provider will be able to help you apply for incentives available in your area.

If you’d like to switch to solar energy but still aren’t sure which solar panel installer to go with, here are our recommendations for providers in Commerce:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Commerce

Factors that Affect Solar Panel Costs in Commerce

There are a number of factors that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.

Solar Equipment

The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,330.The kind of solar panels and equipment you want is another factor that will considerably impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. Moreover, solar equipment consists of more than just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that’s in your budget.

Solar Financing Terms

For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are available from most installers in Commerce, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more accessible.Although solar loans make switching to solar energy more accessible for Commerce homeowners, they can also raise 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

The solar company you hire to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar panel companies operating in Commerce, and each can charge varying amounts for labor and equipment.Additionally, some companies in Commerce are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save 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 $14,145 12.7 years
8 kW $3.40 $19,021 $19,233 12.4 years
10 kW $3.33 $23,310 $24,507 12.2 years
12 kW $3.26 $27,413 $29,968 11.9 years
14 kW $3.20 $31,329 $35,616 11.7 years
16 kW $3.13 $35,058 $41,450 11.5 years
18 kW $3.06 $38,601 $47,470 11.2 years
20 kW $3.00 $41,958 $53,677 11.0 years

How to Save on Solar Panels

The solar company you choose will affect 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 take into account, such as:

  • Reputation: Well-established companies likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
  • Contract: Though reading through a contract can be tedious, it’s important to do it fully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
  • Solar Panel Brands: The kind of solar panel you need to install plays a role in which company you should choose, since different companies offer different panels.
  • Warranty: A comprehensive, 25-year warranty can help keep your solar system running for years to come and save you money on repairs and maintenance.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Commerce, TX Solar Cost FAQs

How much does it cost to install solar panels in Commerce?

This is a difficult question to answer exactly, because the cost depends on a variety of 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 above-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 Commerce?

Solar panels aren’t free in Commerce, 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 further reduce the cost.

Does Commerce have a net metering program?

The majority of states offer net metering programs of some kind. Through these, you can get paid for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.

How long do solar panels last in Commerce?

On average, the lifespan of solar panels is 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 higher 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.

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