Solar Panel Cost Guide in Conroe, TX (2024 Update)
- Conroe Solar Installation Cost: $17,925
- 25-Year Savings: $22,820
- Payback Period: 12.0 Years
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Average Cost of Solar Panels in Conroe
We break down average solar pricing in Conroe.
The national average cost of solar panels is $2.66 per watt, but in Conroe it’s 3 per watt.Using this figure, a typical 7.7-kW system would cost about $17,925 before the 0 federal solar 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 needs, the type of solar system you choose, your solar contractor and more.For many homeowners, the upfront investment in solar is worth paying. On average Conroe homeowners see about $18,000 in savings on utility bills over 20 years.
To get a free quote from a highly rated solar installation company in Conroe, you can click the button below.
Solar savings over time in Conroe
| Year | Return on Investment |
|---|---|
| 1 years | $-16,626 |
| 3 years | $-14,029 |
| 5 years | $-11,432 |
| 7 years | $-8,835 |
| 9 years | $-6,238 |
| 11 years | $-3,641 |
| 13 years | $-1,044 |
| 15 years | $1,554 |
| 17 years | $4,151 |
| 19 years | $6,748 |
| 21 years | $9,345 |
| 23 years | $11,942 |
| 25 years | $14,539 |
Top Solar Installers in Conroe
Installing solar panels by yourself can be a dangerous task, which is why using a solar installer is a good option for many homeowners. The payback period on an investment in solar panels will vary based on factors like your location and energy usage, but working with a solar installer can shorten that period. Your provider will be able to help you apply for incentives available in your area.
You can get a free quote from a local solar installer on how much your investment in solar could cost 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 Conroe
Factors that Affect Solar Panel Costs in Conroe
Although the average cost of a solar system in Conroe is $17,925, your final cost may be above or below the average. There are many factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
When it comes to estimating the cost of solar panels in Conroe, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy usage, which you can determine by looking at past energy bills. Your total cost can increase by around $3,330 for each additional kilowatt you need.The kind of solar panels and equipment you get is another factor that will greatly impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment consists of more than just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That’s why many Conroe homeowners opt to finance their solar panel systems to make paying for solar more affordable.When estimating your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The final significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of renewable energy solutions in Conroe, you’ll have a great number of options to choose from, but each comes at different price points for labor and equipment.You may notice national solar installers that have lower prices due to their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $14,558 | 12.5 years |
| 8 kW | $3.40 | $19,021 | $19,784 | 12.3 years |
| 10 kW | $3.33 | $23,310 | $25,196 | 12.0 years |
| 12 kW | $3.26 | $27,413 | $30,794 | 11.8 years |
| 14 kW | $3.20 | $31,329 | $36,580 | 11.5 years |
| 16 kW | $3.13 | $35,058 | $42,551 | 11.3 years |
| 18 kW | $3.06 | $38,601 | $48,709 | 11.1 years |
| 20 kW | $3.00 | $41,958 | $55,054 | 10.8 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Solar Panel Brands: The type of solar panel you want to get plays a role in which company you should go with, since different companies provide different panels.
- Contract: Look through the contract terms thoroughly to make sure you understand how much it will cost, project completion timeline incentives and warranties.
- Reputation: Long-standing companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
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 Conroe, TX Solar Cost FAQs
How much does it cost to install solar panels in Conroe?
The average cost of solar panels in Conroe 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 stuff such as the type of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Conroe?
Leasing solar panels can be an option if you can’t pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
How will installing solar panels impact my home value?
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 Conroe is currently $326,466, which means you could be looking at a value of about $13,385 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Conroe 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 usage and how much 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 install 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.