Solar Panel Cost Guide in Weston Lakes, TX (2024 Update)
- Weston Lakes Solar Installation Cost: $17,743
- 25-Year Savings: $20,987
- Payback Period: 12.6 Years
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Average Cost of Solar Panels in Weston Lakes
Find out what the average cost of solar panels are in Weston Lakes.
The national average cost of solar panels is $2.66 per watt, but in Weston Lakes it’s 3 per watt.Using this figure, a typical 7.6-kW system would cost about $17,743 before the 0 federal solar tax credit is applied.
These figures are just estimates, and how much solar costs for you may look different based on factors unique to your home and what company you want to go with.For many homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $18,000 in savings on utility bills over 20 years.
Click the button below to get connected to a highly rated solar panel company in Weston Lakes for a personalized quote.
Solar savings over time in Weston Lakes
| Year | Return on Investment |
|---|---|
| 1 years | $-16,444 |
| 3 years | $-13,847 |
| 5 years | $-11,250 |
| 7 years | $-8,653 |
| 9 years | $-6,055 |
| 11 years | $-3,458 |
| 13 years | $-861 |
| 15 years | $1,736 |
| 17 years | $4,333 |
| 19 years | $6,930 |
| 21 years | $9,527 |
| 23 years | $12,124 |
| 25 years | $14,722 |
Top Solar Installers in Weston Lakes
Many homeowners choose to hire a solar panel company since trying to put up solar panels yourself can be hard. The expertise that solar companies offer can be valuable as well, especially if you aren’t sure what kind of solar equipment would be right for your home.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some in Weston Lakes:
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 Weston Lakes
Factors that Affect Solar Panel Costs in Weston Lakes
For many Weston Lakes homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Weston Lakes, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar panel 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, you can expect your total to increase by nearly $3,330. There are many different solar panel brands and the one you pick also changes the cost. In many cases, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you’re looking to get 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
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are offered by most installers in Weston Lakes, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible.You’ll have to consider the long-term cost of financing options, including the total 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 principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The final key cost factor you should consider is the installer you choose. Given the massive popularity of green energy solutions in Weston Lakes, you’ll have many options to choose from, but each comes at various price points for labor and equipment.Additionally, some companies in Weston Lakes know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $13,296 | 13.1 years |
| 8 kW | $3.40 | $19,021 | $18,101 | 12.8 years |
| 10 kW | $3.33 | $23,310 | $23,092 | 12.6 years |
| 12 kW | $3.26 | $27,413 | $28,270 | 12.3 years |
| 14 kW | $3.20 | $31,329 | $33,634 | 12.1 years |
| 16 kW | $3.13 | $35,058 | $39,185 | 11.8 years |
| 18 kW | $3.06 | $38,601 | $44,922 | 11.6 years |
| 20 kW | $3.00 | $41,958 | $50,846 | 11.3 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:
- Installation Process: Make sure you’re on the same page with the company in regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating your electrical system or roof.
- Contract: When reading through your solar installer’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Warranty: If you’re concerned about the longevity of your solar panel system, verifying that your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Your solar installer should have a good 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 good reviews from past customers.
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 Weston Lakes, TX Solar Cost FAQs
How much does it cost to install solar panels in Weston Lakes?
The average cost of solar panels in Weston Lakes 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 things 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 definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will solar panels impact the value of my home?
Solar panels can increase your property’s value considerably 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 many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.