Solar Panel Cost Guide in Everman, TX (2024 Update)
- Everman Solar Installation Cost: $17,834
- 25-Year Savings: $22,781
- Payback Period: 12.0 Years
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Average Cost of Solar Panels in Everman
Let’s take a look at the average cost of solar panels in Everman.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Everman, the typical cost of solar panels is 3 per watt.The average solar panel system size in Everman is around 7.7 kilowatts, meaning a cost of about $17,834 for a solar installation, or $25,503 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of going solar can vary depending on a few factors, such as what size system you need, your energy usage and what company you go with.For most homeowners, the upfront investment in solar is worth paying. On average homeowners in Everman see about $19,000 in savings on electricity bills over 20 years.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Everman
| Year | Return on Investment |
|---|---|
| 1 years | $-16,413 |
| 3 years | $-13,571 |
| 5 years | $-10,729 |
| 7 years | $-7,887 |
| 9 years | $-5,045 |
| 11 years | $-2,202 |
| 13 years | $640 |
| 15 years | $3,482 |
| 17 years | $6,324 |
| 19 years | $9,166 |
| 21 years | $12,008 |
| 23 years | $14,850 |
| 25 years | $17,693 |
Top Solar Installers in Everman
Although it's possible to install solar panels by yourself, it requires extra labor and knowledge. That's one of the reasons most homeowners choose to hire a solar panel installer. The expertise that solar companies offer can be helpful as well, especially if you don’t quite know what type of solar equipment you need.
If you’d like to start using solar energy but still aren’t sure which solar panel installer to go with, here are our recommendations for providers nearby:
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 Everman
Factors that Affect Solar Panel Costs in Everman
There are many factors that can affect your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
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 ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Everman, 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
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are provided by most installers in Everman, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Everman is the company you hire to install your solar system. As with choosing a company to renovate your kitchen, for example, there’s no shortage of solar installers that offer a range of services for different budgets.The size of the company can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of greater resources and better 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 promotion 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 | $14,618 | 12.5 years |
| 8 kW | $3.40 | $19,021 | $19,863 | 12.2 years |
| 10 kW | $3.33 | $23,310 | $25,295 | 12.0 years |
| 12 kW | $3.26 | $27,413 | $30,914 | 11.7 years |
| 14 kW | $3.20 | $31,329 | $36,719 | 11.5 years |
| 16 kW | $3.13 | $35,058 | $42,710 | 11.3 years |
| 18 kW | $3.06 | $38,601 | $48,888 | 11.0 years |
| 20 kW | $3.00 | $41,958 | $55,253 | 10.8 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- 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 need to install plays a role in which installer you should opt for, since different companies have different panels.
- Contract: It’s important to look over your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about your solar system’s energy production.
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running for years to come and save you money on part replacement and repairs.
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 Everman, TX Solar Cost FAQs
How much does it cost to install solar panels in Everman?
The average cost of solar panels in Everman 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 such as the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Everman?
A solar panel system isn’t free in Everman, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Can you sell solar power back to the grid in Everman?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future electricity bills.
How long do solar panels last in Everman?
On average, the lifespan of solar panels is 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 larger 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.