Solar Panel Cost Guide in Val Verde Park, TX (2024 Update)
- Val Verde Park Solar Installation Cost: $16,552
- 25-Year Savings: $29,282
- Payback Period: 9.7 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Val Verde Park
Let’s take a look at the average cost of solar in Val Verde Park.
The average cost of solar panels in Val Verde Park is 3 per watt.To cover the typical energy usage of the average home in Val Verde Park, most homeowners require a 7.1-kilowatt system. Using the figure above, a solar installation costs around $16,552, or $23,669 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of installing solar panels can vary quite a bit depending on a few factors, such as how many panels you need, your energy consumption and what installation company you go with.But, after you've paid the initial cost of installation, the payback for most homeowners is quite fruitful, with a net average savings of about $23,000 over 20 years on utility bills.
Click the button below to get connected to a reputable solar installer in Val Verde Park for a customized quote.
Solar savings over time in Val Verde Park
| Year | Return on Investment |
|---|---|
| 1 years | $-15,196 |
| 3 years | $-12,485 |
| 5 years | $-9,773 |
| 7 years | $-7,062 |
| 9 years | $-4,350 |
| 11 years | $-1,639 |
| 13 years | $1,072 |
| 15 years | $3,784 |
| 17 years | $6,495 |
| 19 years | $9,207 |
| 21 years | $11,918 |
| 23 years | $14,629 |
| 25 years | $17,341 |
Top Solar Installers in Val Verde Park
When going solar, many homeowners prefer to go with a solar installer since overseeing your solar installation yourself can be a challenging project. The expertise that solar companies provide can be valuable as well, particularly if you don’t quite know what type of solar equipment would be right for your home.
If you're looking for a solar installer in Val Verde Park, we've organized a list of our top suggestions here:
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Val Verde Park
Factors that Affect Solar Panel Costs in Val Verde Park
While the average cost of a solar system in Val Verde Park is $16,552, your actual cost may differ. There are several factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more crucial things to consider.
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 energy your household uses, the larger your system will likely need to be. You can expect to spend around $3,330 per kilowatt in Val Verde Park.The 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. On the other hand, higher efficiency could save you more in the long run on your power bills. Additionally, extra products, such as solar batteries, can bump up your total well above the Val Verde Park average.
Solar Financing Terms
Many homeowners find the average cost of solar in Val Verde Park to be prohibitively expensive, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides access to financing options. Solar loans greatly decrease upfront costs in most cases, but they also lead to a higher cost over time because of interest.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 the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The remaining major cost factor you should keep in mind is the installer you choose. Given the massive popularity of renewable energy solutions in Val Verde Park, you’ll have many options to choose from, but each comes at various price points for labor and equipment.The company’s size can sometimes play the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because they have greater resources and bulk 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 promotion 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 | $21,495 | 10.1 years |
| 8 kW | $3.40 | $19,021 | $29,033 | 9.9 years |
| 10 kW | $3.33 | $23,310 | $36,757 | 9.7 years |
| 12 kW | $3.26 | $27,413 | $44,668 | 9.5 years |
| 14 kW | $3.20 | $31,329 | $52,766 | 9.3 years |
| 16 kW | $3.13 | $35,058 | $61,049 | 9.1 years |
| 18 kW | $3.06 | $38,601 | $69,520 | 8.9 years |
| 20 kW | $3.00 | $41,958 | $78,177 | 8.7 years |
How to Save on Solar Panels
The solar company you choose will affect not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, such as:
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases offer quality solar panel installation and expertise.
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running for a long time and save you money on part replacement and repairs.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it fully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Val Verde Park, TX Solar Cost FAQs
What is the average cost of installing solar panels in Val Verde Park?
This is a tough question to answer exactly, because the cost depends on a few different factors. Generally 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 be more expensive if you want other solar equipment or higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Val Verde Park?
A solar panel system isn’t free in Val Verde Park, 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.
Is it worth going solar in Val Verde Park?
Solar panels can be a fruitful investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already pretty low, solar panels might not be for you.
How long do solar panels last in Val Verde Park?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level 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.