Solar Panel Cost Guide in Shenandoah, TX (2024 Update)
- Shenandoah Solar Installation Cost: $17,925
- 25-Year Savings: $22,820
- Payback Period: 12.0 Years
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Average Cost of Solar Panels in Shenandoah
See how much it might cost to go solar in Shenandoah.
In Shenandoah, solar panels cost about 3 per watt on average.To account for the typical energy usage of the average home in Shenandoah, most homeowners require a 7.7-kilowatt system. Using the per-watt figure above, a solar installation costs about $17,925, or $25,633 before the federal solar tax credit of 0 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 use, the type of solar panels you choose, your solar contractor and more.With typical savings of about $18,000 on energy bills over 20 years, many homeowners in Shenandoah find going solar can be quite rewarding.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Shenandoah
| Year | Return on Investment |
|---|---|
| 1 years | $-16,626 |
| 3 years | $-14,029 |
| 5 years | $-11,432 |
| 7 years | $-8,835 |
| 9 years | $-6,238 |
| 11 years | $-3,641 |
| 13 years | $-1,044 |
| 15 years | $1,554 |
| 17 years | $4,151 |
| 19 years | $6,748 |
| 21 years | $9,345 |
| 23 years | $11,942 |
| 25 years | $14,539 |
Top Solar Installers in Shenandoah
Although you can install solar panels yourself, it involves extra labor and handiness. That's why almost all homeowners choose to hire a solar panel installer. Companies can also have access to various kinds of the best solar panels and help you choose which one will be best for you.
There are a number of licensed solar professionals that can take care of your solar installation project. 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 Shenandoah
Factors that Affect Solar Panel Costs in Shenandoah
There are several criteria that can play into your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
The size of the solar energy system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,330. There are a lot of different solar panel brands and the one you pick also affects the cost. Generally, the brands that are more efficient tend to also cost more. Additionally, the type of equipment you want to install 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
Most solar companies in Shenandoah offer solar loans, which reduce the initial cost of installing a solar system.It’s a good idea to include 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 back the loan.
Solar Panel Installation Company
The solar installation company you choose will play a role in your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor.The size of the company sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
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 | $14,558 | 12.5 years |
| 8 kW | $3.40 | $19,021 | $19,784 | 12.3 years |
| 10 kW | $3.33 | $23,310 | $25,196 | 12.0 years |
| 12 kW | $3.26 | $27,413 | $30,794 | 11.8 years |
| 14 kW | $3.20 | $31,329 | $36,580 | 11.5 years |
| 16 kW | $3.13 | $35,058 | $42,551 | 11.3 years |
| 18 kW | $3.06 | $38,601 | $48,709 | 11.1 years |
| 20 kW | $3.00 | $41,958 | $55,054 | 10.8 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 tips to keep in mind to help with your decision:
- Contract: Though reading through a contract can take a lot of time, it’s important to do it fully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- 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 service, such as part repairs and replacements.
- Solar Panel Brands: Different companies will carry various brands and kinds of panels. If you want a specific brand, make sure the solar company you’re considering has it.
- Installation Process: Make sure you’re aligned with the installer with regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
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 Shenandoah, TX Solar Cost FAQs
What is the average cost of installing solar panels in Shenandoah?
This is a hard question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $16,650 for a 5-kW system and $33,300 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or higher quality panels, or if you have above-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Is cost the most important consideration when buying solar panels?
The upfront cost is a key factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Can solar panels eliminate my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located 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 $970.12 per year.
How often do you have to replace solar panels?
On average, solar panels can last 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 higher 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.