Solar Panel Cost Guide in Frisco, TX (2024 Update)
- Frisco Solar Installation Cost: $17,939
- 25-Year Savings: $22,491
- Payback Period: 12.1 Years
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Average Cost of Solar Panels in Frisco
Let’s take a look at the average cost of solar panels in Frisco.
In Frisco, solar panels cost about 3 per watt on average.The average solar panel system size in Frisco is around 7.7 kilowatts, meaning a cost of about $17,939 for a solar installation, or $25,653 before the 0 federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar may vary based on your household energy needs, the type of solar system you want, your solar contractor and more.With average savings of about $18,000 on power bills over 20 years, many homeowners in Frisco find installing solar panels can pay off big.
To calculate your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Frisco
| Year | Return on Investment |
|---|---|
| 1 years | $-16,652 |
| 3 years | $-14,079 |
| 5 years | $-11,506 |
| 7 years | $-8,933 |
| 9 years | $-6,360 |
| 11 years | $-3,787 |
| 13 years | $-1,214 |
| 15 years | $1,359 |
| 17 years | $3,932 |
| 19 years | $6,505 |
| 21 years | $9,078 |
| 23 years | $11,651 |
| 25 years | $14,224 |
Top Solar Installers in Frisco
Installing solar panels by yourself can be a time-consuming project, which is why getting a solar installer is a good option for many homeowners. Plus, if you’re not certain what brand of solar panels and equipment you need, a solar company can help you figure that out after a site survey and consultation.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some 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 Frisco
Factors that Affect Solar Panel Costs in Frisco
For many Frisco homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Frisco, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay around $3,330 per kilowatt in Frisco.The brand and kind of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That’s why many Frisco homeowners opt to finance their solar panel systems to offset upfront costs.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 securing a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The solar installer you choose to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies operating in Frisco, and each can charge different amounts for labor and equipment.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $14,288 | 12.6 years |
| 8 kW | $3.40 | $19,021 | $19,423 | 12.4 years |
| 10 kW | $3.33 | $23,310 | $24,745 | 12.1 years |
| 12 kW | $3.26 | $27,413 | $30,254 | 11.9 years |
| 14 kW | $3.20 | $31,329 | $35,949 | 11.6 years |
| 16 kW | $3.13 | $35,058 | $41,830 | 11.4 years |
| 18 kW | $3.06 | $38,601 | $47,898 | 11.2 years |
| 20 kW | $3.00 | $41,958 | $54,152 | 10.9 years |
How to Save on Solar Panels
There are many companies to choose from in Frisco, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Contract: It’s important to read through 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.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you hire.
- Warranty: Many companies offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years most likely offer high-quality solar panel installation and expertise.
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 Frisco, TX Solar Cost FAQs
How much does it cost to install solar panels in Frisco?
The average cost of solar panels in Frisco 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 stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to think about when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on electricity bills after installing solar panels?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Frisco, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and how much 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.