Solar Panel Cost Guide in Richland Hills, TX (2024 Update)

  • Richland Hills Solar Installation Cost: $17,834
  • 25-Year Savings: $22,781
  • Payback Period: 12.0 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Richland Hills

Let’s take a look at the average cost of solar in Richland Hills.

The average cost of a solar system in Richland Hills is 3 per watt.Using this figure, a typical 7.7-kW system would cost about $17,834 before the 0 federal solar tax credit is applied.

These figures are only estimates, and your own solar costs will differ based on your energy needs and what company you choose to go with.Despite the significant upfront cost, the average Richland Hills homeowner can save about $19,000 on their energy bills over 20 years, which is one of the benefits of solar.

You can click the button below to get connected with a vetted solar company in Richland Hills that can help you get a more accurate cost estimate for your home.

Solar savings over time in Richland Hills

Year Return on Investment
1 years $-16,413
3 years $-13,571
5 years $-10,729
7 years $-7,887
9 years $-5,045
11 years $-2,202
13 years $640
15 years $3,482
17 years $6,324
19 years $9,166
21 years $12,008
23 years $14,850
25 years $17,693

Top Solar Installers in Richland Hills

Although you can install solar panels yourself, it takes extra energy and expertise. For that reason, almost all homeowners choose to go with a solar panel installer. The payback period on a solar system will vary depending on factors like your location and energy consumption, but going with a solar company can shorten that period. Your provider will be able to help you identify incentives available in your area.

You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some near you:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Richland Hills

Factors that Affect Solar Panel Costs in Richland Hills

Cost is typically one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that will push your cost above or below the average in Richland Hills: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.

Solar Equipment

Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. Because of that, it’s a priority to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.There are many different solar panel brands and the one you pick also changes the cost. Generally speaking, the brands that are more efficient tend to also cost more. Plus, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

For some homeowners, paying for solar out of pocket can be difficult. Solar loans are offered by most installers in Richland Hills, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable.However, the interest on solar loans also adds to your total costs, so it’s important to keep that in mind as well. You can always bring down the total you pay in interest and in some cases even your APR by putting more money down.

Solar Panel Installation Company

Lastly, the company you opt for to install your solar system can affect the cost. Richland Hills’s solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials 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 $14,618 12.5 years
8 kW $3.40 $19,021 $19,863 12.2 years
10 kW $3.33 $23,310 $25,295 12.0 years
12 kW $3.26 $27,413 $30,914 11.7 years
14 kW $3.20 $31,329 $36,719 11.5 years
16 kW $3.13 $35,058 $42,710 11.3 years
18 kW $3.06 $38,601 $48,888 11.0 years
20 kW $3.00 $41,958 $55,253 10.8 years

How to Save on Solar Panels

Since the kind of solar panels and the installation company you choose significantly affects your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:

  • Warranty: If you’re concerned about the durability of your solar energy system, making sure your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
  • Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
  • Installation Process: When going solar, it’s crucial to maintain an open line of communication with your solar installer. Make sure you understand how the installation process works and the completion timeline.
  • Contract: When looking 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 if the company goes out of business.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Richland Hills, TX Solar Cost FAQs

What is the average cost of installing solar panels in Richland Hills?

The average cost of solar panels in Richland Hills 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 certain factors such as the kind of solar panels you want, what size system you need and how much energy you use.

Is cost the most important consideration 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 places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.

How much can I save on energy bills after switching to solar?

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 $972.11 per year.

How long do solar panels last in Richland Hills?

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.

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