Solar Panel Cost Guide in Edinburg, TX (2024 Update)
- Edinburg Solar Installation Cost: $16,573
- 25-Year Savings: $17,670
- Payback Period: 13.3 Years
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Average Cost of Solar Panels in Edinburg
See how much it might cost to go solar in Edinburg.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Edinburg, the typical cost of solar panels is 3 per watt.Using this figure, a typical 7.1-kW system would cost about $16,573 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The exact cost of going solar can vary based on multiple factors, such as what size system you need, your energy consumption and what installation company you go with.Many homeowners find adopting solar power is a solid investment. The average homeowner in Edinburg can save about $17,000 on their electricity bills over 20 years.
To get a free estimate from a vetted solar installation company in Edinburg, you can click the button below.
Solar savings over time in Edinburg
| Year | Return on Investment |
|---|---|
| 1 years | $-15,330 |
| 3 years | $-12,846 |
| 5 years | $-10,362 |
| 7 years | $-7,878 |
| 9 years | $-5,394 |
| 11 years | $-2,910 |
| 13 years | $-426 |
| 15 years | $2,058 |
| 17 years | $4,542 |
| 19 years | $7,026 |
| 21 years | $9,511 |
| 23 years | $11,995 |
| 25 years | $14,479 |
Top Solar Installers in Edinburg
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Taking advantage of a solar panel installer can make converting to solar power much easier. Also, if you’d like to maximize your investment in solar power, opting for a solar installer can help with that as well. Different providers can offer warranties, expertise on solar panel installation and sometimes even information on local incentives, rebates and net metering programs.
If you're looking for a solar company in Edinburg, we've put together a list of our top suggestions here:
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 Edinburg
Factors that Affect Solar Panel Costs in Edinburg
For many Edinburg homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Edinburg, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Edinburg, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy consumption, which you can figure out by looking at past power bills. Your overall cost can increase by about $3,330 for each additional kilowatt you need.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Edinburg, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are an affordable route because they lower your upfront costs and allow you to pay for your system over five to seven years on average.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to solar energy can play a role in your total costs. There are about 3 solar panel companies in Edinburg, and each can charge different amounts for labor and equipment.The company’s size can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
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 | $11,665 | 13.9 years |
| 8 kW | $3.40 | $19,021 | $15,926 | 13.6 years |
| 10 kW | $3.33 | $23,310 | $20,374 | 13.3 years |
| 12 kW | $3.26 | $27,413 | $25,008 | 13.1 years |
| 14 kW | $3.20 | $31,329 | $29,829 | 12.8 years |
| 16 kW | $3.13 | $35,058 | $34,836 | 12.5 years |
| 18 kW | $3.06 | $38,601 | $40,030 | 12.3 years |
| 20 kW | $3.00 | $41,958 | $45,410 | 12.0 years |
How to Save on Solar Panels
The solar installer you go with will be a major factor in determining not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, including:
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Make sure you’re aligned with the installer regarding how the installation process will go and what you need to do before your solar panel system is installed, such as repairing your electrical system or roof.
- Contract: Before signing a contract with a solar installer, be sure to read it through carefully so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
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 Edinburg, TX Solar Cost FAQs
How much does it cost to install solar panels in Edinburg?
The average cost of solar panels in Edinburg 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 certain factors such as the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Edinburg?
A solar panel system isn’t free in Edinburg, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Do solar panels increase your property value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Edinburg is currently $198,131, so you can expect a value of about $8,123 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Edinburg is a worthwhile investment.
How long do solar panels last in Edinburg?
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 how much energy they produce will have decreased significantly after that point. You can replace them after having 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.