Solar Panel Cost Guide in Killeen, TX (2024 Update)
- Killeen Solar Installation Cost: $17,575
- 25-Year Savings: $19,785
- Payback Period: 12.9 Years
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Average Cost of Solar Panels in Killeen
Let’s have a look at the average cost of solar panels in Killeen.
The average cost of a solar panel system in Killeen is 3 per watt.Since a 7.5-kW system is needed to cover the energy consumption of a typical home in Killeen, the average price of going solar will be about $17,575 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The actual cost of installing solar panels can vary quite a bit based on several factors, such as how many panels you need, your energy usage and what solar installer you go with.But, after you've paid the upfront cost of installation, the savings for most homeowners is usually fruitful, with a net average savings of about $17,000 over 20 years on power bills.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Killeen
| Year | Return on Investment |
|---|---|
| 1 years | $-16,143 |
| 3 years | $-13,277 |
| 5 years | $-10,412 |
| 7 years | $-7,547 |
| 9 years | $-4,681 |
| 11 years | $-1,816 |
| 13 years | $1,049 |
| 15 years | $3,915 |
| 17 years | $6,780 |
| 19 years | $9,645 |
| 21 years | $12,510 |
| 23 years | $15,376 |
| 25 years | $18,241 |
Top Solar Installers in Killeen
Although it's possible to install solar panels by yourself, it takes extra effort and know-how. That's one of the reasons almost all homeowners choose to hire a solar panel installer. Solar warranties and repairs are ordinarily included in the cost of installation when you go with a solar company too, which can save you more money after your upfront investment.
Working with a licensed solar installer can help you make the most of your investment in solar. 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 Killeen
Factors that Affect Solar Panel Costs in Killeen
For many Killeen homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Killeen, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of solar panels in Killeen, 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 energy bills. Your total cost can increase by about $3,330 for each additional kilowatt you need.The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your power bills. Additionally, extra products, such as solar batteries, can bump up your total well above the Killeen average.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That’s why many Killeen homeowners opt to finance their solar panel systems to make going solar more affordable.When considering your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar installer you hire to handle your switch to green energy can have an effect on your total costs. There are about 3 solar installation companies operating in Killeen, and each can charge varying amounts for labor and equipment.Additionally, some companies in Killeen are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for that service. 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 | $12,497 | 13.4 years |
| 8 kW | $3.40 | $19,021 | $17,036 | 13.2 years |
| 10 kW | $3.33 | $23,310 | $21,761 | 12.9 years |
| 12 kW | $3.26 | $27,413 | $26,673 | 12.7 years |
| 14 kW | $3.20 | $31,329 | $31,771 | 12.4 years |
| 16 kW | $3.13 | $35,058 | $37,055 | 12.2 years |
| 18 kW | $3.06 | $38,601 | $42,526 | 11.9 years |
| 20 kW | $3.00 | $41,958 | $48,184 | 11.6 years |
How to Save on Solar Panels
The solar company you choose will impact 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 some important things you should consider, including:
- Installation Process: Make sure you’re aligned with the installer in regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
- Contract: When reading through your solar installer’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios like a system part breaking or the company going out of business.
- Solar Panel Brands: The model of solar panel you’d like to install plays a role in which company you should go with, since different companies offer different panels.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases offer good-quality solar panel installation and expertise.
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 Killeen, TX Solar Cost FAQs
How much does it cost to install solar panels in Killeen?
The average cost of solar panels in Killeen 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 kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to consider when buying solar panels?
Cost is a key factor to consider, but whether it’s the most important for you depends on your goals for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Can solar panels completely eradicate my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $901.42 per year.
How long do solar panels last in Killeen?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using 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.