Solar Panel Cost Guide in Nash, TX (2024 Update)
- Nash Solar Installation Cost: $18,443
- 25-Year Savings: $21,210
- Payback Period: 12.8 Years
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Average Cost of Solar Panels in Nash
See how much it might cost to install solar panels in Nash.
While the national average of solar panels is $2.66 per watt, solar panels in Nash typically cost around 3.Since a 7.9-kW system is needed to cover the energy needs of a typical home in Nash, the average price of going solar will be about $18,443 after claiming the federal solar tax credit of 0.
These figures are only averages, and the cost of going solar for you will differ based on your specific situation and what company you go with.With typical savings of about $17,000 on energy bills over 20 years, many homeowners in Nash find installing solar panels has a decent ROI.
You can click the button below to get connected with a vetted solar company in Nash for a quote for your home.
Solar savings over time in Nash
| Year | Return on Investment |
|---|---|
| 1 years | $-17,092 |
| 3 years | $-14,389 |
| 5 years | $-11,687 |
| 7 years | $-8,985 |
| 9 years | $-6,283 |
| 11 years | $-3,580 |
| 13 years | $-878 |
| 15 years | $1,824 |
| 17 years | $4,526 |
| 19 years | $7,229 |
| 21 years | $9,931 |
| 23 years | $12,633 |
| 25 years | $15,335 |
Top Solar Installers in Nash
Many homeowners opt for a solar panel company since figuring out how to install solar panels by yourself can be challenging. Another great thing about going with a vetted solar installer is that it'll usually provide warranties and free repairs, which help protect your solar system over time.
Working with a vetted solar company can make going solar easier. 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 Nash
Factors that Affect Solar Panel Costs in Nash
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few key factors that determine your overall cost in Nash: 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
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. For that reason, it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Nash, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited 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
Many homeowners find the average cost of solar in Nash to be too steep, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides access to financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in higher prices over time because of interest.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 on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Nash is the company you get to install your PV system. Similar to choosing a company to renovate your kitchen, for instance, there’s no shortage of solar installers that offer a range of services for different budgets.You may notice national solar installers that have lower prices because of their larger brand name and access to bulk prices, 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 | $12,837 | 13.3 years |
| 8 kW | $3.40 | $19,021 | $17,489 | 13.0 years |
| 10 kW | $3.33 | $23,310 | $22,327 | 12.8 years |
| 12 kW | $3.26 | $27,413 | $27,352 | 12.5 years |
| 14 kW | $3.20 | $31,329 | $32,563 | 12.3 years |
| 16 kW | $3.13 | $35,058 | $37,961 | 12.0 years |
| 18 kW | $3.06 | $38,601 | $43,545 | 11.7 years |
| 20 kW | $3.00 | $41,958 | $49,316 | 11.5 years |
How to Save on Solar Panels
The solar company you go with will affect not only your overall 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, such as:
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Contract: Read the contract terms thoroughly to make sure you understand the overall cost, completion timeline rebates and warranties.
- Warranty: If you care about the durability of your solar panel system, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: When making the switch to solar power, it’s necessary to maintain an open line of communication with your solar company. Confirm that you understand how the installation process will go and the project completion timeline.
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 Nash, TX Solar Cost FAQs
What is the average cost of installing solar panels in Nash?
This is a hard question to answer exactly, because the cost depends on a variety of 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. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Nash?
Leasing solar panels can be an attractive choice, because it usually 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 tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
Is it worth going solar in Nash?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and the amount of direct sunlight your roof gets.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.