Solar Panel Cost Guide in Copperas Cove, TX (2024 Update)
- Copperas Cove Solar Installation Cost: $17,488
- 25-Year Savings: $20,501
- Payback Period: 12.6 Years
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Average Cost of Solar Panels in Copperas Cove
Let’s have a look at the average cost of solar panels in Copperas Cove.
The average cost of a solar system in Copperas Cove is 3 per watt.Using this figure, a typical 7.5-kW system would cost about $17,488 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy consumption, the type of solar panels you want to get, your solar contractor and more.For many homeowners, the upfront investment in solar panels is worth paying. On average homeowners in Copperas Cove see about $18,000 in savings on utility bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Copperas Cove for a quote for your home.
Solar savings over time in Copperas Cove
| Year | Return on Investment |
|---|---|
| 1 years | $-16,055 |
| 3 years | $-13,190 |
| 5 years | $-10,325 |
| 7 years | $-7,459 |
| 9 years | $-4,594 |
| 11 years | $-1,729 |
| 13 years | $1,137 |
| 15 years | $4,002 |
| 17 years | $6,867 |
| 19 years | $9,732 |
| 21 years | $12,598 |
| 23 years | $15,463 |
| 25 years | $18,328 |
Top Solar Installers in Copperas Cove
Trying to install solar panels yourself can be a stressful project, which is why using a solar installation company is a good option for many homeowners. In addition, if you’d like to maximize your investment in solar power, using a solar company can help with that as well. Different providers can offer warranties, expertise on installation and sometimes even information on local incentives.
There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 Copperas Cove
Factors that Affect Solar Panel Costs in Copperas Cove
For many Copperas Cove homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Copperas Cove, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,330.There are several different solar panel brands and the one you choose also affects the cost. In general, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That’s why many Copperas Cove homeowners choose to finance their solar panel systems to make going solar more affordable.When figuring out your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Copperas Cove is the company you choose to install your solar system. Similar to choosing a company to install new cabinets, for instance, there are plenty of solar installers that offer a range of services at different costs.Additionally, some companies in Copperas Cove are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you 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 | $13,148 | 13.1 years |
| 8 kW | $3.40 | $19,021 | $17,904 | 12.9 years |
| 10 kW | $3.33 | $23,310 | $22,846 | 12.6 years |
| 12 kW | $3.26 | $27,413 | $27,975 | 12.4 years |
| 14 kW | $3.20 | $31,329 | $33,290 | 12.1 years |
| 16 kW | $3.13 | $35,058 | $38,792 | 11.9 years |
| 18 kW | $3.06 | $38,601 | $44,480 | 11.6 years |
| 20 kW | $3.00 | $41,958 | $50,354 | 11.4 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: The kind of solar panel you need to install plays a part in which installer you should choose, since different companies offer different panels.
- Warranty: If you care about the longevity of your solar panels, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- 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.
- Contract: Though reading through a contract can be tedious, it’s important to do it fully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
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 Copperas Cove, TX Solar Cost FAQs
How much does it cost to install solar panels in Copperas Cove?
The average cost of solar panels in Copperas Cove 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 stuff like the model of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Copperas Cove?
Leasing solar panels can be an appealing choice, because it usually comes with low or $0 upfront payments. The downside 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 much can I save on power bills after installing solar panels?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Copperas Cove, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.