Solar Panel Cost Guide in Converse, TX (2024 Update)
- Converse Solar Installation Cost: $17,467
- 25-Year Savings: $23,445
- Payback Period: 11.6 Years
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Average Cost of Solar Panels in Converse
Here’s how much it might cost to install solar panels in Converse.
While the national average of solar panels is $2.66 per watt, solar panels in Converse generally cost around 3.Since a 7.5-kW system is needed to cover the energy consumption of a typical home in Converse, the average price of going solar will be about $17,467 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 exact cost of installing solar panels can vary quite a bit depending on several factors, such as how many panels you need, your energy consumption and what solar installer you go with.With typical savings of about $19,000 on utility bills over 20 years, many homeowners in Converse find installing solar panels has a decent ROI.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Converse
| Year | Return on Investment |
|---|---|
| 1 years | $-16,058 |
| 3 years | $-13,239 |
| 5 years | $-10,420 |
| 7 years | $-7,602 |
| 9 years | $-4,783 |
| 11 years | $-1,965 |
| 13 years | $854 |
| 15 years | $3,673 |
| 17 years | $6,491 |
| 19 years | $9,310 |
| 21 years | $12,128 |
| 23 years | $14,947 |
| 25 years | $17,765 |
Top Solar Installers in Converse
When making the switch to solar, many homeowners prefer to hire a solar company since overseeing your solar installation yourself can be a challenging project. Another good thing about choosing a reputable solar installer is that it'll usually provide warranties and free repairs, which help protect your solar system over time.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some 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 Converse
Factors that Affect Solar Panel Costs in Converse
Though the average cost of a solar system in Converse is $17,467, your actual cost may be above or below the average. There are many factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
When it comes to estimating the price of a solar system in Converse, one of the most crucial 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 usage, which you can gauge by looking at past power bills. Your total cost can increase by around $3,330 for each additional kilowatt you need.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Converse, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are an affordable choice because they lower your upfront costs and let you pay for your system over five to seven years on average.When figuring out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The final key cost factor you should consider is the installer you choose. Given the massive popularity of green energy solutions in Converse, you’ll have lots of options to choose from, but each comes at varying price points for labor and equipment.Larger national companies usually 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 add-on 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 | $15,525 | 12.1 years |
| 8 kW | $3.40 | $19,021 | $21,073 | 11.9 years |
| 10 kW | $3.33 | $23,310 | $26,808 | 11.6 years |
| 12 kW | $3.26 | $27,413 | $32,729 | 11.4 years |
| 14 kW | $3.20 | $31,329 | $38,837 | 11.2 years |
| 16 kW | $3.13 | $35,058 | $45,131 | 10.9 years |
| 18 kW | $3.06 | $38,601 | $51,611 | 10.7 years |
| 20 kW | $3.00 | $41,958 | $58,278 | 10.5 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Contract: It’s important to look over your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Warranty: Warranties that cover replacement parts and repairs over a couple decades are the gold standard in the business, and offering such a warranty is one mark of a quality company.
- Solar Panel Brands: The brand of solar panel you’d like to get plays a part in which company you should opt for, since different companies provide different panels.
- Installation Process: One of the most important things to understand when adopting solar power is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should acquire and how long the project will take.
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 Converse, TX Solar Cost FAQs
What is the average cost of installing solar panels in Converse?
The average cost of solar panels in Converse 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 like the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Converse?
You can’t get solar panels for free in Converse. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Is making the switch to solar worth it?
Solar panels can be a great investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already reasonably low, solar panels might not be for you.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger 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.