Solar Panel Cost Guide in Dallas, PA (2024 Update)
- Dallas Solar Installation Cost: $17,265
- 25-Year Savings: $11,384
- Payback Period: 18.1 Years
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Average Cost of Solar Panels in Dallas
Let’s take a look at the average cost of solar in Dallas.
In Dallas, solar panels cost about 4 per watt on average.To cover the typical energy usage of the average home in Dallas, most homeowners require a 6.9-kilowatt system. Using the figure above, a solar installation costs about $17,265, or $24,689 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The true cost of installing solar panels can vary quite a bit based on several factors, such as what size system you need, your energy consumption and what company you go with.Many homeowners find installing a solar system is a rewarding investment. The average homeowner in Dallas can save about $13,000 on their power bills over 20 years.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Dallas
| Year | Return on Investment |
|---|---|
| 1 years | $-16,026 |
| 3 years | $-13,548 |
| 5 years | $-11,070 |
| 7 years | $-8,592 |
| 9 years | $-6,114 |
| 11 years | $-3,636 |
| 13 years | $-1,158 |
| 15 years | $1,320 |
| 17 years | $3,798 |
| 19 years | $6,276 |
| 21 years | $8,753 |
| 23 years | $11,231 |
| 25 years | $13,709 |
Top Solar Installers in Dallas
Although you can install solar panels yourself, it requires extra time and knowledge. That's one of the reasons the majority of homeowners choose to go with a solar panel installer. Plus, warranties and repairs from your solar panel installer can protect your investment and bring down the cost of maintenance in the long run.
If you're searching for a solar installer in Dallas, the EcoWatch team has organized a list of our top suggestions here:
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Dallas
Factors that Affect Solar Panel Costs in Dallas
While the average cost of a solar system in Dallas is $17,265, your actual cost may be above or below the average. There are quite a few factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. For that reason, it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.The type of solar panels and equipment you get is another factor that will greatly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
Most solar installers in Dallas provide solar loans, which reduce your upfront costs of installing solar.Even though solar loans make switching to solar energy more accessible for Dallas homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar company you choose to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar panel companies operating in Dallas, and each can charge varying amounts for labor and equipment.Additionally, some companies in Dallas have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for that service. 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 | $3.69 | $15,506 | $5,035 | 18.9 years |
| 8 kW | $3.62 | $20,278 | $7,111 | 18.5 years |
| 10 kW | $3.55 | $24,850 | $9,386 | 18.1 years |
| 12 kW | $3.48 | $29,224 | $11,860 | 17.8 years |
| 14 kW | $3.41 | $33,398 | $14,532 | 17.4 years |
| 16 kW | $3.34 | $37,374 | $17,403 | 17.1 years |
| 18 kW | $3.27 | $41,152 | $20,473 | 16.7 years |
| 20 kW | $3.19 | $44,730 | $23,742 | 16.3 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Reputation: Companies that have been in business for many years likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: The type of solar panel you want plays a role in which company you should go with, since different companies provide different panels.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panel system running for years to come and save you money on part replacement and repairs.
- Contract: Before you sign a contract with a solar installer, make sure to read it through completely so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what the warranty covers and what services you can expect from them.
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Dallas, PA Solar Cost FAQs
What is the average cost of installing solar panels in Dallas?
The average cost of solar panels in Dallas is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the actual cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Dallas?
The majority of states offer net metering programs of some kind. Through these, you can either get paid for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Dallas?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.