Solar Panel Cost Guide in Channelview, TX (2024 Update)
- Channelview Solar Installation Cost: $17,820
- 25-Year Savings: $22,793
- Payback Period: 12.0 Years
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Average Cost of Solar Panels in Channelview
Here’s how much it might cost to switch to solar power in Channelview.
In Channelview, solar panels cost about 3 per watt on average.Since a 7.6-kW system is needed to cover the energy costs of a typical home in Channelview, the average price of going solar will be about $17,820 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average Channelview homeowner. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.Even with the high upfront cost, the average Channelview homeowner can save around $19,000 on their power bills over 20 years, which is one of the benefits of solar.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Channelview
| Year | Return on Investment |
|---|---|
| 1 years | $-16,399 |
| 3 years | $-13,557 |
| 5 years | $-10,714 |
| 7 years | $-7,872 |
| 9 years | $-5,030 |
| 11 years | $-2,188 |
| 13 years | $654 |
| 15 years | $3,496 |
| 17 years | $6,339 |
| 19 years | $9,181 |
| 21 years | $12,023 |
| 23 years | $14,865 |
| 25 years | $17,707 |
Top Solar Installers in Channelview
Many homeowners choose to use a solar panel company since figuring out how to install solar panels on your own can be time-consuming. Plus, if you’re unsure what brand of solar panels and equipment you want, a solar expert can help you find the right equipment for you after a site survey and consultation.
If you’d like to make the switch to solar but still aren’t sure which solar system installer to go with, here are our recommendations for providers 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 Channelview
Factors that Affect Solar Panel Costs in Channelview
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few major factors that determine your overall cost in Channelview: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. That’s why it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get 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 over time on your energy bills. Additionally, extra products, such as solar batteries, can bump up your total well above the Channelview average.
Solar Financing Terms
Many homeowners find the average cost of solar in Channelview to be prohibitively steep, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in higher prices over time due to interest.It’s a good idea 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
Finally, the company you choose to install your solar panels can affect the cost. Channelview’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and choose a company that has the products, warranties and services you’re looking for and also fit into your budget.
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 | $14,641 | 12.5 years |
| 8 kW | $3.40 | $19,021 | $19,895 | 12.2 years |
| 10 kW | $3.33 | $23,310 | $25,335 | 12.0 years |
| 12 kW | $3.26 | $27,413 | $30,961 | 11.7 years |
| 14 kW | $3.20 | $31,329 | $36,774 | 11.5 years |
| 16 kW | $3.13 | $35,058 | $42,774 | 11.3 years |
| 18 kW | $3.06 | $38,601 | $48,959 | 11.0 years |
| 20 kW | $3.00 | $41,958 | $55,332 | 10.8 years |
How to Save on Solar Panels
The solar company you go with will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should consider, such as:
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: When making the switch to solar, it’s necessary to maintain an open line of communication with your solar panel installer. See to it that you understand how the installation process will go and the project completion timeline.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
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 Channelview, TX Solar Cost FAQs
What is the average cost of installing solar panels in Channelview?
The average cost of solar panels in Channelview 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 model of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Channelview?
Leasing solar panels can be an appealing choice, as it typically comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
How will installing solar panels impact my property value?
Solar panels can increase your home 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 do I need 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 typically produce about 250 to 400 watt-hours per hour, the average home 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.