Solar Panel Cost Guide in Venus, TX (2024 Update)
- Venus Solar Installation Cost: $17,767
- 25-Year Savings: $22,836
- Payback Period: 11.9 Years
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Average Cost of Solar Panels in Venus
Find out how much it might cost to switch to solar power in Venus.
In Venus, solar panels cost about 3 per watt on average.The average Venus homeowner needs a 7.6-kilowatt system, which would cost about $17,767 with the federal tax credit, or $25,407 before the 0 tax credit is applied.
The actual price you pay can go higher or lower than the average in Venus based on several factors, such as the type of solar panels you choose and the solar company you hire.Despite the large initial cost, the average Venus homeowner can save about $20,000 on their energy bills over 20 years, which is one of the perks of solar.
For a personalized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Venus
| Year | Return on Investment |
|---|---|
| 1 years | $-16,346 |
| 3 years | $-13,504 |
| 5 years | $-10,662 |
| 7 years | $-7,819 |
| 9 years | $-4,977 |
| 11 years | $-2,135 |
| 13 years | $707 |
| 15 years | $3,549 |
| 17 years | $6,391 |
| 19 years | $9,234 |
| 21 years | $12,076 |
| 23 years | $14,918 |
| 25 years | $17,760 |
Top Solar Installers in Venus
Although it's possible to install solar panels by yourself, it involves extra labor and know-how. That's one of the reasons almost all homeowners choose a solar panel installer. Solar warranties and repairs are typically included in the cost of installation when you sign a contract with a solar contractor as well, which can save you more money over time.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some 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 Venus
Factors that Affect Solar Panel Costs in Venus
For many Venus homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Venus, with typical prices between $20,000 to $40,000. There are a few factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most significant 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 uses, the larger your system will likely need to be. You can expect to pay about $3,330 per kilowatt in Venus.The brand of solar panels and equipment you choose is another factor that will substantially affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment is more than just the solar panels themselves. You’ll also need to consider 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 into a solar system that’s in your budget.
Solar Financing Terms
Most solar installers in Venus offer solar loans, which reduce the initial cost of installing solar panels.When considering your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Venus is the company you hire to install your solar panel system. Similar to choosing a company to install new cabinets, for instance, there are plenty of solar installers that provide a range of services at different price points.The company’s size sometimes plays the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing 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 | $14,728 | 12.4 years |
| 8 kW | $3.40 | $19,021 | $20,011 | 12.2 years |
| 10 kW | $3.33 | $23,310 | $25,480 | 11.9 years |
| 12 kW | $3.26 | $27,413 | $31,135 | 11.7 years |
| 14 kW | $3.20 | $31,329 | $36,977 | 11.5 years |
| 16 kW | $3.13 | $35,058 | $43,005 | 11.2 years |
| 18 kW | $3.06 | $38,601 | $49,220 | 11.0 years |
| 20 kW | $3.00 | $41,958 | $55,621 | 10.7 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Read the contract terms carefully to make sure you understand the total cost, completion timeline rebates and warranties.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project timeline.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
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 Venus, TX Solar Cost FAQs
What is the average cost of installing solar panels in Venus?
This is a tough question to answer precisely, because the cost depends on many 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 cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Venus?
A solar panel system isn’t free in Venus, but there are some options that can make getting them more feasible, 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 will solar panels impact my property value?
Solar panels can increase your home value remarkably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
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 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.