Solar Panel Cost Guide in Mount Pleasant, TX (2024 Update)
- Mount Pleasant Solar Installation Cost: $18,346
- 25-Year Savings: $23,737
- Payback Period: 11.9 Years
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Average Cost of Solar Panels in Mount Pleasant
Let’s have a look at the average cost of solar panels in Mount Pleasant.
The national average cost of solar panels is $2.66 per watt, but in Mount Pleasant it’s 3 per watt.The average Mount Pleasant homeowner needs a 7.9-kilowatt system, which would cost about $18,346 with the federal tax credit, or $26,235 before the 0 tax credit is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy needs, the type of solar panels you want to get, your solar contractor and more.With average savings of about $19,000 on energy bills over 20 years, many homeowners in Mount Pleasant find going solar can pay off big.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Mount Pleasant
| Year | Return on Investment |
|---|---|
| 1 years | $-16,994 |
| 3 years | $-14,292 |
| 5 years | $-11,590 |
| 7 years | $-8,888 |
| 9 years | $-6,185 |
| 11 years | $-3,483 |
| 13 years | $-781 |
| 15 years | $1,921 |
| 17 years | $4,624 |
| 19 years | $7,326 |
| 21 years | $10,028 |
| 23 years | $12,730 |
| 25 years | $15,433 |
Top Solar Installers in Mount Pleasant
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Going with an installer can make switching to solar power much easier. Some solar companies, especially local ones, can help you take advantage of incentives in Mount Pleasant, optimizing your ROI.
You can get a free quote from a local solar installer on how much your investment in solar could cost 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 Mount Pleasant
Factors that Affect Solar Panel Costs in Mount Pleasant
The cost of installing a solar system in Mount Pleasant can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is the size of the system you need, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the price of a solar panel system in Mount Pleasant, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can figure out by looking at past power bills. Your total cost can increase by around $3,330 for each additional kilowatt you need.The kind of solar panels and equipment you choose is another factor that will significantly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Moreover, solar equipment is more than just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That’s why many Mount Pleasant homeowners choose to finance their solar panel systems to make paying for solar more affordable.However, the interest on solar loans also increases your overall costs, so it’s crucial to take that into consideration as well. You can always reduce the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar panel installation company you choose will influence your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.Additionally, some companies in Mount Pleasant have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. However, 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 | $14,849 | 12.4 years |
| 8 kW | $3.40 | $19,021 | $20,171 | 12.1 years |
| 10 kW | $3.33 | $23,310 | $25,680 | 11.9 years |
| 12 kW | $3.26 | $27,413 | $31,375 | 11.7 years |
| 14 kW | $3.20 | $31,329 | $37,257 | 11.4 years |
| 16 kW | $3.13 | $35,058 | $43,326 | 11.2 years |
| 18 kW | $3.06 | $38,601 | $49,581 | 10.9 years |
| 20 kW | $3.00 | $41,958 | $56,022 | 10.7 years |
How to Save on Solar Panels
There are a lot of companies available in Mount Pleasant, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: When making the switch to solar power, it’s important to keep an open line of communication with your solar panel installer. See to it that you understand how the installation process works and the completion timeline.
- Contract: Though reading through a contract can be tedious, it’s important to do it thoroughly so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Warranty: If you care about the longevity of your solar panels, verifying that your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years most likely provide 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 Mount Pleasant, TX Solar Cost FAQs
What is the average cost of installing solar panels in Mount Pleasant?
This is a hard question to answer precisely, because the cost depends on many factors. Broadly 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 cost more if you want extra solar equipment or higher quality panels, or if you have above-average energy consumption. On the other hand, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Mount Pleasant?
You can’t get solar panels for free in Mount Pleasant. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Mount Pleasant?
Solar panels can be a good 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 power bills are already fairly 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 amount 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.