Solar Panel Cost Guide in Pecan Acres, TX (2024 Update)
- Pecan Acres Solar Installation Cost: $17,750
- 25-Year Savings: $19,577
- Payback Period: 13.1 Years
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Average Cost of Solar Panels in Pecan Acres
We go over average solar pricing in Pecan Acres.
Although the national average of solar panels is $2.66 per watt, solar panels in Pecan Acres typically cost around 3.The average solar panel system size in Pecan Acres is around 7.6 kilowatts, meaning a cost of about $17,750 for a solar installation, or $25,382 before the 0 federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar may vary based on your household energy needs, the type of solar panels you choose, your solar contractor and more.Even with the high upfront cost, the average Pecan Acres homeowner can save around $17,000 on their power bills over 20 years, which is one of the perks of solar.
To receive a free quote from a vetted solar company in Pecan Acres, you can click the button below.
Solar savings over time in Pecan Acres
| Year | Return on Investment |
|---|---|
| 1 years | $-16,461 |
| 3 years | $-13,881 |
| 5 years | $-11,302 |
| 7 years | $-8,722 |
| 9 years | $-6,143 |
| 11 years | $-3,563 |
| 13 years | $-984 |
| 15 years | $1,595 |
| 17 years | $4,175 |
| 19 years | $6,754 |
| 21 years | $9,334 |
| 23 years | $11,913 |
| 25 years | $14,493 |
Top Solar Installers in Pecan Acres
Although you can install solar panels on your own, it involves extra time and knowledge. For that reason, most homeowners choose to hire a solar panel installer. Local solar installers can also help you optimize your return on investment by assisting with any local incentives you can take advantage of and by offering warranties and repairs.
If you’d like to start using solar energy but still aren’t sure which solar company to go with, here are our recommendations for providers nearby:
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 Pecan Acres
Factors that Affect Solar Panel Costs in Pecan Acres
For many Pecan Acres homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Pecan Acres, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend about $3,330 per kilowatt in Pecan Acres.There are several different solar panel brands and the one you choose also affects the cost. Generally, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you’re looking to get can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That’s why many Pecan Acres homeowners decide to finance their solar panel systems to make going solar more affordable.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
Finally, the company you get to install your solar panel system can affect your pricing. Pecan Acres’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Pecan Acres 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 end up saving you 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 | $12,178 | 13.6 years |
| 8 kW | $3.40 | $19,021 | $16,610 | 13.3 years |
| 10 kW | $3.33 | $23,310 | $21,229 | 13.1 years |
| 12 kW | $3.26 | $27,413 | $26,034 | 12.8 years |
| 14 kW | $3.20 | $31,329 | $31,026 | 12.6 years |
| 16 kW | $3.13 | $35,058 | $36,204 | 12.3 years |
| 18 kW | $3.06 | $38,601 | $41,568 | 12.0 years |
| 20 kW | $3.00 | $41,958 | $47,119 | 11.8 years |
How to Save on Solar Panels
The solar panel company you opt for will influence not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should consider, including:
- Contract: Look through the contract terms thoroughly to make sure you understand how much it will cost, project completion timeline incentives and warranties.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Installation Process: Make sure you’re on the same page with the company with regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating your electrical system or roof.
- Reputation: Long-standing companies likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
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 Pecan Acres, TX Solar Cost FAQs
What is the average cost of installing solar panels in Pecan Acres?
The average cost of solar panels in Pecan Acres is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Pecan Acres?
You can’t get solar panels for free in Pecan Acres. 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’d prefer to own your solar panels, you can finance them with a solar loan.
How much can I save on electricity bills after switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Pecan Acres, that will require at least a 10-kW system. Not all homes will have the roof space for 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 Pecan Acres?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can decide 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.