Solar Panel Cost Guide in Fulshear, TX (2024 Update)
- Fulshear Solar Installation Cost: $17,743
- 25-Year Savings: $20,987
- Payback Period: 12.6 Years
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Average Cost of Solar Panels in Fulshear
We break down average solar pricing in Fulshear.
In Fulshear, solar panels cost about 3 per watt on average.To cover the typical energy needs of the average home in Fulshear, most homeowners require a 7.6-kilowatt system. Using the figure above, a solar installation costs about $17,743, or $25,372 before the federal solar tax credit of 0 is applied.
The actual price you pay can be higher or lower than the average in Fulshear based on a variety of factors, such as the type of solar panels you choose and the solar contractor you hire.Many homeowners find going solar is a sound investment. The average homeowner in Fulshear can save about $18,000 on their energy bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Fulshear that can help you get a more accurate cost estimate for your home.
Solar savings over time in Fulshear
| Year | Return on Investment |
|---|---|
| 1 years | $-16,444 |
| 3 years | $-13,847 |
| 5 years | $-11,250 |
| 7 years | $-8,653 |
| 9 years | $-6,055 |
| 11 years | $-3,458 |
| 13 years | $-861 |
| 15 years | $1,736 |
| 17 years | $4,333 |
| 19 years | $6,930 |
| 21 years | $9,527 |
| 23 years | $12,124 |
| 25 years | $14,722 |
Top Solar Installers in Fulshear
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Using an installer can make swapping over to solar power much easier. Local solar installation companies can also help you optimize your return on investment by assisting with any local incentives and by providing warranties and repairs.
There are various licensed solar professionals that can help you install your solar panels. 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 Fulshear
Factors that Affect Solar Panel Costs in Fulshear
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few key factors that determine your overall cost in Fulshear: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar system in Fulshear, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy usage, which you can figure out by looking at past energy bills. Your overall cost can increase by about $3,330 for each additional kilowatt you need.The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your power bills. In addition, extra products, such as solar batteries, can bring your total well above the Fulshear average.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are an affordable choice because they decrease your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.Although solar loans make going solar more accessible for Fulshear homeowners, they can also raise the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Finally, the company you get to install your solar panel system can influence the cost. Fulshear’s solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $13,296 | 13.1 years |
| 8 kW | $3.40 | $19,021 | $18,101 | 12.8 years |
| 10 kW | $3.33 | $23,310 | $23,092 | 12.6 years |
| 12 kW | $3.26 | $27,413 | $28,270 | 12.3 years |
| 14 kW | $3.20 | $31,329 | $33,634 | 12.1 years |
| 16 kW | $3.13 | $35,058 | $39,185 | 11.8 years |
| 18 kW | $3.06 | $38,601 | $44,922 | 11.6 years |
| 20 kW | $3.00 | $41,958 | $50,846 | 11.3 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years in most cases offer quality solar panel installation and expertise.
- Solar Panel Brands: Different companies carry different brands and types of panels. If you know you want a specific brand, make sure the solar panel installer you’re considering has it.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Get details from your solar installer about the installation process and what to expect, including when the site survey will be done and how long it will take.
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 Fulshear, TX Solar Cost FAQs
How much does it cost to install solar panels in Fulshear?
This is a difficult question to answer precisely, because the cost depends on a variety of 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 other solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Fulshear?
You can’t get solar panels for free in Fulshear. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
How much can I save on power bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $928.04 per year.
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 amount of sunlight your roof gets. You can 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 install between 20 and 35 panels to account for 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.