Solar Panel Cost Guide in Silsbee, TX (2024 Update)
- Silsbee Solar Installation Cost: $18,087
- 25-Year Savings: $20,709
- Payback Period: 12.8 Years
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Average Cost of Solar Panels in Silsbee
Find out what the average cost of a solar system is in Silsbee.
Although the national average of solar panels is $2.66 per watt, solar panels in Silsbee typically cost around 3.Using this figure, a typical 7.8-kW system would cost about $18,087 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy needs, the type of solar panels you want, your solar contractor and more.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Silsbee can save around $17,000 on their power bills over 20 years.
To get a free quote from a highly rated solar installation company in Silsbee, you can click the button below.
Solar savings over time in Silsbee
Year | Return on Investment |
---|---|
1 years | $-16,788 |
3 years | $-14,191 |
5 years | $-11,594 |
7 years | $-8,997 |
9 years | $-6,400 |
11 years | $-3,802 |
13 years | $-1,205 |
15 years | $1,392 |
17 years | $3,989 |
19 years | $6,586 |
21 years | $9,183 |
23 years | $11,780 |
25 years | $14,378 |
Top Solar Installers in Silsbee
Trying to put up solar panels by yourself can be a stressful undertaking, which is why using a solar installer is a good option for many homeowners. Some solar companies, particularly local ones, can help you better understand incentives in Silsbee, therefore optimizing your ROI.
If you’d like to start using solar energy but still aren’t sure which solar system installer to go with, here are our recommendations for providers in Silsbee:
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 Silsbee
Factors that Affect Solar Panel Costs in Silsbee
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that affect your total cost in Silsbee: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay about $3,330 per kilowatt in Silsbee.The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your electric bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Silsbee average.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are provided by most installers in Silsbee, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar installer you go with to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar installation companies in Silsbee, and each can charge varying amounts for labor and equipment.Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and decide on the company that has 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 | $12,766 | 13.3 years |
8 kW | $3.40 | $19,021 | $17,395 | 13.1 years |
10 kW | $3.33 | $23,310 | $22,209 | 12.8 years |
12 kW | $3.26 | $27,413 | $27,211 | 12.5 years |
14 kW | $3.20 | $31,329 | $32,398 | 12.3 years |
16 kW | $3.13 | $35,058 | $37,773 | 12.0 years |
18 kW | $3.06 | $38,601 | $43,333 | 11.8 years |
20 kW | $3.00 | $41,958 | $49,081 | 11.5 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 efficiency, production, and durability, it’s important to pick the right ones for you. Here are some things 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 carefully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Installation Process: Get details from your solar installer about the installation process and what to expect, including when the site survey will be done and how long it will take.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, durability and efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one indication of a good company.
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 Silsbee, TX Solar Cost FAQs
What is the average cost of installing solar panels in Silsbee?
The average cost of solar panels in Silsbee 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 kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider other than cost when buying solar panels?
The initial cost is a very important 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 trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Can solar panels eliminate my energy bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Silsbee, 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 contact a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Silsbee?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can replace them once you've had them for that long or you can keep using 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.