Solar Panel Cost Guide in Timberwood Park, TX (2024 Update)

  • Timberwood Park Solar Installation Cost: $17,467
  • 25-Year Savings: $22,502
  • Payback Period: 11.9 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

Why you can trust EcoWatch

We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Timberwood Park

We break down average solar pricing in Timberwood Park.

The average cost of solar panels in Timberwood Park is 3 per watt.The average Timberwood Park homeowner needs a 7.5-kilowatt system, which would cost about $17,467 with the federal tax credit, or $24,978 before the 0 tax credit is applied.

Bear in mind that the figures above are only estimates based on the average Timberwood Park homeowner. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.For most homeowners, the upfront cost of solar is worth paying. On average homeowners in Timberwood Park see about $19,000 in savings on energy bills over 20 years.

Click the button below to get connected to a reputable solar panel company in Timberwood Park for a customized estimate.

Solar savings over time in Timberwood Park

Year Return on Investment
1 years $-16,048
3 years $-13,209
5 years $-10,371
7 years $-7,532
9 years $-4,694
11 years $-1,856
13 years $983
15 years $3,821
17 years $6,660
19 years $9,498
21 years $12,337
23 years $15,175
25 years $18,013

Top Solar Installers in Timberwood Park

Although you can install solar panels on your own, it requires extra energy and expertise. For that reason, most people choose to go with a solar panel installer. Companies can also offer access to various kinds of the best solar panels and help you decide which one will be best for you.

Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Timberwood Park

Factors that Affect Solar Panel Costs in Timberwood Park

Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few key factors that determine your overall cost in Timberwood Park: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss 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 electricity your household consumes, the larger your system will likely need to be. You can expect to spend around $3,330 per kilowatt in Timberwood Park.The type of solar panels and equipment you choose is another factor that will largely affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Further, solar equipment consists of 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 looking for a solar system that’s in your budget.

Solar Financing Terms

For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are provided by most installers in Timberwood Park, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable.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

The solar panel installer you select will affect your total cost to go solar. Different companies will charge different amounts for the equipment and labor.The company’s size can sometimes play the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower 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 $14,770 12.4 years
8 kW $3.40 $19,021 $20,067 12.2 years
10 kW $3.33 $23,310 $25,550 11.9 years
12 kW $3.26 $27,413 $31,219 11.7 years
14 kW $3.20 $31,329 $37,075 11.4 years
16 kW $3.13 $35,058 $43,117 11.2 years
18 kW $3.06 $38,601 $49,346 11.0 years
20 kW $3.00 $41,958 $55,761 10.7 years

How to Save on Solar Panels

Since the kind of solar panels and the installation 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:

  • Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
  • Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running for a long time and save you money on part replacement and repairs.
  • Solar Panel Brands: Different companies carry different brands and kinds of panels. If you prefer a specific brand, make sure the solar panel company you’re considering has it.
  • Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Timberwood Park, TX Solar Cost FAQs

What is the average cost of installing solar panels in Timberwood Park?

The average cost of solar panels in Timberwood Park is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you consume.

What other factors should I consider aside from cost when buying solar panels?

Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

Is it worth going solar in Timberwood Park?

Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.

How often do you have to replace solar panels?

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 choose to replace them once you've had 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.

Follow us