Solar Panel Cost Guide in Friona, TX (2024 Update)
- Friona Solar Installation Cost: $16,398
- 25-Year Savings: $24,249
- Payback Period: 10.9 Years
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Average Cost of Solar Panels in Friona
Find out what the average cost of a solar system is in Friona.
The average cost of a solar panel system in Friona is 3 per watt.Because a 7.0-kW system is needed to cover the energy needs of a typical home in Friona, the average price of going solar will be about $16,398 after claiming the federal solar tax credit of 0.
Remember that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy consumption, the type of solar system you choose, your solar contractor and more.Many homeowners find going solar is a solid investment. The average homeowner in Friona can save about $20,000 on their electricity bills over 20 years.
To receive a free estimate from a pre-vetted solar installation company in Friona, you can click the button below.
Solar savings over time in Friona
| Year | Return on Investment |
|---|---|
| 1 years | $-15,082 |
| 3 years | $-12,450 |
| 5 years | $-9,817 |
| 7 years | $-7,185 |
| 9 years | $-4,553 |
| 11 years | $-1,920 |
| 13 years | $712 |
| 15 years | $3,345 |
| 17 years | $5,977 |
| 19 years | $8,609 |
| 21 years | $11,242 |
| 23 years | $13,874 |
| 25 years | $16,507 |
Top Solar Installers in Friona
Although you can install solar panels on your own, it requires extra labor and know-how. For that reason, most homeowners choose to go with a solar panel installer. Another good thing about choosing a reliable solar installer is that it'll usually provide warranties and free repairs, which help protect your solar investment.
There are a number of licensed solar professionals that can help you install your solar system. 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 Friona
Factors that Affect Solar Panel Costs in Friona
Although the average cost of a solar system in Friona is $16,398, your actual cost may be above or below the average. There are quite a few factors that can have a major impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $3,330. There are a lot of different solar panel brands and the one you choose also changes the cost. In general, the brands that are more efficient tend to also cost more. Plus, the type of equipment you want to install 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
Many homeowners find the average cost of solar in Friona to be prohibitively steep, even if the investment pays off over time. Thankfully, almost every solar company in the area offers financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest.It’s wise 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 the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
The remaining major cost factor you should keep in mind is the installer you choose. Given the massive popularity of clean energy solutions in Friona, you’ll have plenty of options to choose from, but each comes at varying price points for labor and equipment.Additionally, some companies in Friona 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 help you save 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 | $17,434 | 11.4 years |
| 8 kW | $3.40 | $19,021 | $23,618 | 11.2 years |
| 10 kW | $3.33 | $23,310 | $29,989 | 10.9 years |
| 12 kW | $3.26 | $27,413 | $36,546 | 10.7 years |
| 14 kW | $3.20 | $31,329 | $43,290 | 10.5 years |
| 16 kW | $3.13 | $35,058 | $50,220 | 10.3 years |
| 18 kW | $3.06 | $38,601 | $57,337 | 10.1 years |
| 20 kW | $3.00 | $41,958 | $64,640 | 9.8 years |
How to Save on Solar Panels
Since the type of solar panels and the installation company you choose considerably influences your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: Your solar installer should have a solid reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you go with.
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Make sure you’re on the same page with the company in regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
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 Friona, TX Solar Cost FAQs
How much does it cost to install solar panels in Friona?
This is a tough question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $16,650 for a 5-kW system and $33,300 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Friona?
Solar panels aren’t free in Friona, 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 further reduce the cost.
Can you sell solar power back to the grid in Friona?
The majority of states have net metering programs of some kind. Through these, you can either receive compensation for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can take a 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 buy between 20 and 35 panels to cover 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.