Solar Panel Cost Guide in Seagoville, TX (2024 Update)
- Seagoville Solar Installation Cost: $17,938
- 25-Year Savings: $22,698
- Payback Period: 12.1 Years
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Average Cost of Solar Panels in Seagoville
Find out what the average cost of solar panel installation is in Seagoville.
While the national average of solar panels is $2.66 per watt, solar panels in Seagoville generally cost around 3.The average Seagoville homeowner needs a 7.7-kilowatt system, which would cost about $17,938 with the federal tax credit, or $25,651 before the 0 tax credit is applied.
These figures are only averages, and the cost of going solar for you will most likely differ based on your energy needs and what company you choose to go with.But, after you've paid the upfront cost of installation, the savings for most homeowners is typically fruitful, with a net average savings of about $19,000 over 20 years on power bills.
To get a free estimate from a vetted solar installation company in Seagoville, you can click the button below.
Solar savings over time in Seagoville
| Year | Return on Investment |
|---|---|
| 1 years | $-16,517 |
| 3 years | $-13,674 |
| 5 years | $-10,832 |
| 7 years | $-7,990 |
| 9 years | $-5,148 |
| 11 years | $-2,306 |
| 13 years | $536 |
| 15 years | $3,378 |
| 17 years | $6,221 |
| 19 years | $9,063 |
| 21 years | $11,905 |
| 23 years | $14,747 |
| 25 years | $17,589 |
Top Solar Installers in Seagoville
Many homeowners choose to hire a solar panel installer since trying to install solar panels yourself can be time-consuming. Companies can also have access to various kinds of the best solar panels and help you choose which one will be right for your home.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Seagoville
Factors that Affect Solar Panel Costs in Seagoville
There are several criteria that can affect your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,330.The type of solar panels and equipment you choose is another factor that will greatly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Plus, solar equipment is more than just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that’s in your budget.
Solar Financing Terms
If paying for a solar system out of pocket is difficult, solar loans are a solid choice because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
Finally, the company you hire to install your solar system can play a role in determining your pricing. Seagoville’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and decide on the company that offers the products, warranties and services you want and also fits within your budget.
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 | $14,450 | 12.5 years |
| 8 kW | $3.40 | $19,021 | $19,639 | 12.3 years |
| 10 kW | $3.33 | $23,310 | $25,015 | 12.1 years |
| 12 kW | $3.26 | $27,413 | $30,578 | 11.8 years |
| 14 kW | $3.20 | $31,329 | $36,327 | 11.6 years |
| 16 kW | $3.13 | $35,058 | $42,262 | 11.3 years |
| 18 kW | $3.06 | $38,601 | $48,384 | 11.1 years |
| 20 kW | $3.00 | $41,958 | $54,692 | 10.9 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: Look through the contract terms thoroughly to make sure you understand how much it will cost, project timeline rebates and warranties.
- Reputation: Well-established companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Different companies offer different brands and types of panels. If you prefer a specific brand, make sure the solar panel 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 Seagoville, TX Solar Cost FAQs
How much does it cost to install solar panels in Seagoville?
This is a difficult question to answer exactly, because the cost depends on many 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 other solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Is cost the most important consideration when buying solar panels?
The initial cost is a crucial factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Seagoville?
The majority of states offer net metering programs of some kind. Through these, you can get paid for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt 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.