Solar Panel Cost Guide in Bridgeport, TX (2024 Update)
- Bridgeport Solar Installation Cost: $17,667
- 25-Year Savings: $22,179
- Payback Period: 12.1 Years
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Average Cost of Solar Panels in Bridgeport
We break down average solar pricing in Bridgeport.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Bridgeport, the average cost of a solar system is 3 per watt.The average Bridgeport homeowner needs a 7.6-kilowatt system, which would cost about $17,667 with the federal tax credit, or $25,264 before the 0 tax credit is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy use, the type of equipment you want to get, your solar contractor and more.Despite the high upfront cost, the average Bridgeport homeowner can save around $18,000 on their power bills over 20 years, which is one of the advantages of solar.
You can click the button below to get connected with a pre-vetted solar installer in Bridgeport that can help you get a more accurate cost estimate for your home.
Solar savings over time in Bridgeport
Year | Return on Investment |
---|---|
1 years | $-16,374 |
3 years | $-13,788 |
5 years | $-11,203 |
7 years | $-8,617 |
9 years | $-6,031 |
11 years | $-3,445 |
13 years | $-859 |
15 years | $1,727 |
17 years | $4,313 |
19 years | $6,899 |
21 years | $9,484 |
23 years | $12,070 |
25 years | $14,656 |
Top Solar Installers in Bridgeport
When switching to solar energy, many homeowners opt to use a solar installation company since installing solar panels yourself can be a challenging project. Plus, warranties and repairs from your solar panel installer can protect your investment and bring down the cost of maintenance over the lifespan of your panels.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some near you:
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 Bridgeport
Factors that Affect Solar Panel Costs in Bridgeport
There are several factors that can play into your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to spend around $3,330 per kilowatt in Bridgeport.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your energy bills. In addition, extra products, such as solar batteries, can bring your total well above the Bridgeport average.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That’s why many Bridgeport homeowners decide to finance their solar panel systems to make going solar more affordable.While solar loans make adopting solar energy more accessible for Bridgeport homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Bridgeport is the company you choose to install your PV system. As with choosing a company to build a deck or pool, for instance, there are plenty of solar installers that offer a range of services for different budgets.Larger national companies generally have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.
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 | $14,310 | 12.6 years |
8 kW | $3.40 | $19,021 | $19,453 | 12.4 years |
10 kW | $3.33 | $23,310 | $24,783 | 12.1 years |
12 kW | $3.26 | $27,413 | $30,299 | 11.9 years |
14 kW | $3.20 | $31,329 | $36,001 | 11.6 years |
16 kW | $3.13 | $35,058 | $41,890 | 11.4 years |
18 kW | $3.06 | $38,601 | $47,966 | 11.1 years |
20 kW | $3.00 | $41,958 | $54,227 | 10.9 years |
How to Save on Solar Panels
The solar installer you go with will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should take into account, including:
- Contract: Before you sign a contract with a solar company, make sure you read it through completely so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you hire.
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 Bridgeport, TX Solar Cost FAQs
How much does it cost to install solar panels in Bridgeport?
The average cost of solar panels in Bridgeport 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 things like the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
How will solar panels impact how much my home is worth?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Bridgeport is currently $229,157, which means you can expect a value of about $9,395 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Bridgeport is a rewarding investment.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
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.