Solar Panel Cost Guide in Seminole, TX (2024 Update)
- Seminole Solar Installation Cost: $16,113
- 25-Year Savings: $21,003
- Payback Period: 11.8 Years
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Average Cost of Solar Panels in Seminole
Find out what the average cost of solar panel installation is in Seminole.
The national average cost of solar panels is $2.66 per watt, but in Seminole it’s 3 per watt.Using this figure, a typical 6.9-kW system would cost about $16,113 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Seminole homeowner. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.For most homeowners, the upfront cost of solar panels is worth paying. On average you could be looking at about $19,000 in savings on utility bills over 20 years.
To get a free quote from a highly rated solar company in Seminole, you can click the button below.
Solar savings over time in Seminole
| Year | Return on Investment |
|---|---|
| 1 years | $-14,797 |
| 3 years | $-12,165 |
| 5 years | $-9,532 |
| 7 years | $-6,900 |
| 9 years | $-4,267 |
| 11 years | $-1,635 |
| 13 years | $997 |
| 15 years | $3,630 |
| 17 years | $6,262 |
| 19 years | $8,895 |
| 21 years | $11,527 |
| 23 years | $14,159 |
| 25 years | $16,792 |
Top Solar Installers in Seminole
Many homeowners decide to hire a solar installer since trying to install solar panels on your own can be challenging. Local solar installers can also help you maximize your return on investment by walking you through any local incentives you can benefit from and by providing warranties and repairs.
If you’d like to start using solar energy but still aren’t certain which solar installer 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 Seminole
Factors that Affect Solar Panel Costs in Seminole
Although the average cost of a solar system in Seminole is $16,113, your actual cost may be higher or lower than that. There are many factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to consider.
Solar Equipment
The size of the solar system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,330. The brand and type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are provided by most installers in Seminole, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible.When figuring out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar system can influence the cost. Seminole’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies typically have lower costs, but some local companies keep up with them by promoting 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 vehicle 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 | $14,982 | 12.3 years |
| 8 kW | $3.40 | $19,021 | $20,349 | 12.1 years |
| 10 kW | $3.33 | $23,310 | $25,903 | 11.8 years |
| 12 kW | $3.26 | $27,413 | $31,643 | 11.6 years |
| 14 kW | $3.20 | $31,329 | $37,569 | 11.4 years |
| 16 kW | $3.13 | $35,058 | $43,682 | 11.1 years |
| 18 kW | $3.06 | $38,601 | $49,982 | 10.9 years |
| 20 kW | $3.00 | $41,958 | $56,468 | 10.7 years |
How to Save on Solar Panels
Since the brand of solar panels and the installer you choose significantly affects your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: When reading over your solar company’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Installation Process: When making the switch to solar energy, it’s necessary to maintain an open line of communication with your solar company. See to it that you understand how the installation process will go and the project timeline.
- Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. While there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to take a look at their list of offerings before making your decision.
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 Seminole, TX Solar Cost FAQs
How much does it cost to install solar panels in Seminole?
The average cost of solar panels in Seminole 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 stuff like the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Seminole?
A solar panel system isn’t free in Seminole, 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 you can take advantage of.
How much can I save on electricity bills after switching to solar?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Seminole, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.