Solar Panel Cost Guide in Seguin, TX (2024 Update)
- Seguin Solar Installation Cost: $17,495
- 25-Year Savings: $23,074
- Payback Period: 11.8 Years
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Average Cost of Solar Panels in Seguin
Find out what the average cost of solar panel installation is in Seguin.
Although the national average of solar panels is $2.66 per watt, solar panels in Seguin typically cost about 3.The average Seguin homeowner needs a 7.5-kilowatt system, which would cost about $17,495 with the federal tax credit, or $25,018 before the 0 tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Seguin homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.But, after you've paid the upfront cost of installation, the return on investment for most homeowners is typically rewarding, with a net average savings of about $19,000 over 20 years on power bills.
You can click the button below to get connected with a vetted solar installer in Seguin for a quote for your home.
Solar savings over time in Seguin
| Year | Return on Investment |
|---|---|
| 1 years | $-16,127 |
| 3 years | $-13,391 |
| 5 years | $-10,655 |
| 7 years | $-7,920 |
| 9 years | $-5,184 |
| 11 years | $-2,448 |
| 13 years | $288 |
| 15 years | $3,024 |
| 17 years | $5,760 |
| 19 years | $8,495 |
| 21 years | $11,231 |
| 23 years | $13,967 |
| 25 years | $16,703 |
Top Solar Installers in Seguin
Although you can install solar panels on your own, it takes extra effort and knowledge. For that reason, almost all homeowners choose to hire a solar panel installer. The expertise that solar installers offer can be helpful as well, especially if you aren’t sure what brand of solar equipment would be right for your home.
Working with a professional solar company can help your solar project go smoothly. 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 Seguin
Factors that Affect Solar Panel Costs in Seguin
The cost of installing a solar system in Seguin can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. Because of that, it’s important to accurately gauge 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 choose also changes the cost. In general, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That’s why many Seguin homeowners decide to finance their solar panel systems to offset upfront costs.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The solar panel installation company you pick will influence your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor.Larger national companies generally have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on 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 | $15,198 | 12.2 years |
| 8 kW | $3.40 | $19,021 | $20,637 | 12.0 years |
| 10 kW | $3.33 | $23,310 | $26,263 | 11.8 years |
| 12 kW | $3.26 | $27,413 | $32,075 | 11.5 years |
| 14 kW | $3.20 | $31,329 | $38,073 | 11.3 years |
| 16 kW | $3.13 | $35,058 | $44,258 | 11.1 years |
| 18 kW | $3.06 | $38,601 | $50,630 | 10.8 years |
| 20 kW | $3.00 | $41,958 | $57,188 | 10.6 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be difficult, we have some tips to help you, such as:
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years most likely offer high-quality solar panel installation and expertise.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you opt for.
- Contract: Read the contract terms thoroughly to make sure you understand the total cost, completion timeline rebates and warranties.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
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 Seguin, TX Solar Cost FAQs
How much does it cost to install solar panels in Seguin?
The average cost of solar panels in Seguin 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 certain factors like the type of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Seguin?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Does Seguin have a net metering program?
Most states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires 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 home 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.