Solar Panel Cost Guide in Nolanville, TX (2024 Update)
- Nolanville Solar Installation Cost: $17,575
- 25-Year Savings: $19,696
- Payback Period: 13.0 Years
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Average Cost of Solar Panels in Nolanville
Here’s how much it might cost to install solar panels in Nolanville.
While the national average of solar panels is $2.66 per watt, solar panels in Nolanville typically cost about 3.The average Nolanville homeowner needs a 7.5-kilowatt system, which would cost about $17,575 with the federal tax credit, or $25,132 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of installing solar panels can vary quite a bit depending on a few factors, such as how many panels you need, your energy usage and what solar installer you go with.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Nolanville can save around $17,000 on their power bills over 20 years.
To get a free estimate from a vetted solar installer in Nolanville, you can click the button below.
Solar savings over time in Nolanville
| 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 Nolanville
When making the switch to solar, many homeowners decide to go with a solar installation company since DIY solar panel installation can be a challenging project. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long term because of their warranties, repair services and expert design.
If you're on the hunt for a solar installer in Nolanville, the EcoWatch team has organized a list of our top suggestions here:
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 Nolanville
Factors that Affect Solar Panel Costs in Nolanville
For many Nolanville homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Nolanville, 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
The size of the solar system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,330. The type of solar panels and equipment you want is another factor that will largely influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment consists of more than just the solar panels themselves. You’ll also need to consider 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’s in your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are offered by most installers in Nolanville, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar installer you hire to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout Nolanville, and each can charge varying amounts for labor and equipment.Larger national companies typically have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra 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 | $12,426 | 13.5 years |
| 8 kW | $3.40 | $19,021 | $16,941 | 13.2 years |
| 10 kW | $3.33 | $23,310 | $21,643 | 13.0 years |
| 12 kW | $3.26 | $27,413 | $26,531 | 12.7 years |
| 14 kW | $3.20 | $31,329 | $31,605 | 12.4 years |
| 16 kW | $3.13 | $35,058 | $36,866 | 12.2 years |
| 18 kW | $3.06 | $38,601 | $42,314 | 11.9 years |
| 20 kW | $3.00 | $41,958 | $47,948 | 11.7 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose significantly impacts your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
- Installation Process: When going solar, it’s important to keep an open line of communication with your solar panel company. Make sure you understand how the installation process will go and the completion timeline.
- 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 your solar system’s energy production.
- Solar Panel Brands: Different companies offer different brands and types of panels. If you prefer a specific brand, make sure the solar company you’re considering has it.
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 Nolanville, TX Solar Cost FAQs
What is the average cost of installing solar panels in Nolanville?
The average cost of solar panels in Nolanville 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 things such as the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Nolanville?
Solar panels aren’t free in Nolanville, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Can solar panels completely eradicate my energy bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Nolanville, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Nolanville?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose 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.