Solar Panel Cost Guide in Grand Prairie, TX (2024 Update)
- Grand Prairie Solar Installation Cost: $17,863
- 25-Year Savings: $22,758
- Payback Period: 12.0 Years
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Average Cost of Solar Panels in Grand Prairie
Find out how much it might cost to make the switch to solar in Grand Prairie.
In Grand Prairie, solar panels cost about 3 per watt on average.The average Grand Prairie homeowner needs a 7.7-kilowatt system, which would cost about $17,863 with the federal tax credit, or $25,544 before the 0 tax credit is applied.
The true price you pay can go above or below the average in Grand Prairie based on a few factors, such as the type of solar panels you choose and the solar installer you hire.Even with the high initial cost, the average Grand Prairie homeowner can save about $19,000 on their power bills over 20 years, which is one of the positives of solar.
Click the button below to get connected to a vetted solar installer in your area for a customized quote.
Solar savings over time in Grand Prairie
| Year | Return on Investment |
|---|---|
| 1 years | $-15,998 |
| 3 years | $-12,267 |
| 5 years | $-8,536 |
| 7 years | $-4,806 |
| 9 years | $-1,075 |
| 11 years | $2,656 |
| 13 years | $6,386 |
| 15 years | $10,117 |
| 17 years | $13,848 |
| 19 years | $17,578 |
| 21 years | $21,309 |
| 23 years | $25,040 |
| 25 years | $28,770 |
Top Solar Installers in Grand Prairie
Although it's possible to install solar panels by yourself, it involves extra labor and handiness. That's one of the reasons most homeowners choose to go with a solar panel installer. The expertise that solar companies offer can be invaluable as well, particularly if you don’t quite know what brand of solar equipment would be right for your home.
Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:
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 Grand Prairie
Factors that Affect Solar Panel Costs in Grand Prairie
Although the average cost of a solar system in Grand Prairie is $17,863, your actual cost may be higher or lower than that. There are many factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation require 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 brand and type of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price 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 will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar installers in Grand Prairie provide solar loans, which reduce the initial cost of installing solar.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar installer you choose to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies operating in Grand Prairie, and each can charge varying amounts for labor and equipment.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $14,571 | 12.5 years |
| 8 kW | $3.40 | $19,021 | $19,801 | 12.2 years |
| 10 kW | $3.33 | $23,310 | $25,218 | 12.0 years |
| 12 kW | $3.26 | $27,413 | $30,821 | 11.8 years |
| 14 kW | $3.20 | $31,329 | $36,610 | 11.5 years |
| 16 kW | $3.13 | $35,058 | $42,586 | 11.3 years |
| 18 kW | $3.06 | $38,601 | $48,748 | 11.0 years |
| 20 kW | $3.00 | $41,958 | $55,097 | 10.8 years |
How to Save on Solar Panels
The solar company you choose will be a major factor in determining not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should keep in mind, including:
- Solar Panel Brands: Different companies offer various brands and models of panels. If you prefer a specific brand, make sure the solar installer you’re considering has it.
- Contract: When reading through your solar company’s contract, ask for clarification 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.
- Installation Process: When making the switch to solar energy, it’s important to keep an open line of communication with your solar installer. Make sure you understand how the installation process will go and the completion timeline.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like EcoWatch.
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 Grand Prairie, TX Solar Cost FAQs
What is the average cost of installing solar panels in Grand Prairie?
This is a difficult question to answer exactly, because the cost depends on a few different 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. It will be more expensive if you want other solar equipment or higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Grand Prairie?
Leasing solar panels can be an appealing choice, as it often comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
Is it worth going solar in Grand Prairie?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and how much direct sunlight your roof gets.
How long do solar panels last in Grand Prairie?
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 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.