Solar Panel Cost Guide in Corsicana, TX (2024 Update)
- Corsicana Solar Installation Cost: $17,801
- 25-Year Savings: $22,919
- Payback Period: 11.9 Years
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Average Cost of Solar Panels in Corsicana
Let’s take a look at the average cost of solar in Corsicana.
In Corsicana, solar panels cost about 3 per watt on average.To account for the typical energy usage of the average home in Corsicana, most homeowners require a 7.6-kilowatt system. Using the figure above, a solar installation costs around $17,801, or $25,455 before the federal solar tax credit of 0 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 making the switch to solar can vary quite a bit depending on several factors, such as how many panels you need, your energy consumption and what company you go with.Many homeowners find installing a solar system is a sound investment. The average homeowner in Corsicana can save about $19,000 on their energy bills over 20 years.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Corsicana
| Year | Return on Investment |
|---|---|
| 1 years | $-16,206 |
| 3 years | $-13,016 |
| 5 years | $-9,826 |
| 7 years | $-6,636 |
| 9 years | $-3,446 |
| 11 years | $-256 |
| 13 years | $2,934 |
| 15 years | $6,124 |
| 17 years | $9,314 |
| 19 years | $12,504 |
| 21 years | $15,694 |
| 23 years | $18,884 |
| 25 years | $22,074 |
Top Solar Installers in Corsicana
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Hiring an installer can make switching to solar power much easier. The expertise that solar companies offer can be useful as well, particularly if you don’t quite know what brand of solar equipment you need.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some in Corsicana:
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 Corsicana
Factors that Affect Solar Panel Costs in Corsicana
Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that affect your total cost in Corsicana: 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
When it comes to estimating the price of a solar system in Corsicana, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy usage, which you can determine by looking at past power bills. Your total cost can increase by about $3,330 for each additional kilowatt you need.The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive 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 more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar installers in Corsicana offer solar loans, which reduce your upfront costs of installing solar.Though solar loans make adopting solar energy more accessible for Corsicana homeowners, they can also increase the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The final significant cost factor you should consider is the installer you choose. Given the massive popularity of green energy solutions in Corsicana, you’ll have plenty of options to choose from, but each comes at varying price points for labor and equipment.Larger national companies generally have lower costs, but some local companies keep up with them by offering 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 | $14,760 | 12.4 years |
| 8 kW | $3.40 | $19,021 | $20,053 | 12.2 years |
| 10 kW | $3.33 | $23,310 | $25,533 | 11.9 years |
| 12 kW | $3.26 | $27,413 | $31,199 | 11.7 years |
| 14 kW | $3.20 | $31,329 | $37,051 | 11.5 years |
| 16 kW | $3.13 | $35,058 | $43,090 | 11.2 years |
| 18 kW | $3.06 | $38,601 | $49,315 | 11.0 years |
| 20 kW | $3.00 | $41,958 | $55,727 | 10.7 years |
How to Save on Solar Panels
Since the brand of solar panels and the installer you choose significantly affects your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you go with.
- Reputation: Companies that have been operating for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Contract: It’s important to read through your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and how long it 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 Corsicana, TX Solar Cost FAQs
How much does it cost to install solar panels in Corsicana?
The average cost of solar panels in Corsicana 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 certain factors like the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Corsicana?
You can’t get solar panels for free in Corsicana. However, you may still be able to install 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.
Can you sell solar power back to the grid in Corsicana?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future power bills.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt to replace them after having them for that long or you can continue to use them at a lower efficiency.
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.