Solar Panel Cost Guide in Heath, TX (2024 Update)
- Heath Solar Installation Cost: $17,957
- 25-Year Savings: $22,682
- Payback Period: 12.1 Years
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Average Cost of Solar Panels in Heath
Let’s take a look at the average cost of solar panels in Heath.
The national average cost of solar panels is $2.66 per watt, but in Heath it’s 3 per watt.To account for the typical energy needs of the average home in Heath, most homeowners require a 7.7-kilowatt system. Using the per-watt figure above, a solar installation costs around $17,957, or $25,679 before the federal solar tax credit of 0 is applied.
These figures are just estimates, and the cost of going solar for you may look different based on the amount of energy your home requires and what company you want to go with.Even with the large initial cost, the average Heath homeowner can save around $19,000 on their electricity bills over 20 years, which is one of the perks of solar.
Click the button below to get connected to a highly rated solar panel company in your area for a personalized estimate.
Solar savings over time in Heath
| Year | Return on Investment |
|---|---|
| 1 years | $-16,536 |
| 3 years | $-13,694 |
| 5 years | $-10,851 |
| 7 years | $-8,009 |
| 9 years | $-5,167 |
| 11 years | $-2,325 |
| 13 years | $517 |
| 15 years | $3,359 |
| 17 years | $6,201 |
| 19 years | $9,044 |
| 21 years | $11,886 |
| 23 years | $14,728 |
| 25 years | $17,570 |
Top Solar Installers in Heath
Installing solar panels by yourself can be a difficult task, which is why hiring a solar installer is a good option for many homeowners. Plus, if you’re unsure what type of solar panels and equipment you want, a solar installer can help you find the right equipment for you after a site survey and consultation.
There are several licensed solar professionals that can take care of your solar installation project. 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 Heath
Factors that Affect Solar Panel Costs in Heath
Although the average cost of a solar system in Heath is $17,957, your final cost may be higher or lower than that. There are many factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. For that reason, it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.The brand of solar panels and equipment you choose is another factor that will greatly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment is more than just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
Most solar companies in Heath have solar loans, which reduce the initial cost of installing a solar system.You’ll have to consider the long-term cost of financing options, including the total 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 more than the principal cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar company you opt for to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar panel companies in Heath, and each can charge varying amounts for labor and equipment.Additionally, some companies in Heath are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. 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 | $14,419 | 12.6 years |
| 8 kW | $3.40 | $19,021 | $19,598 | 12.3 years |
| 10 kW | $3.33 | $23,310 | $24,964 | 12.1 years |
| 12 kW | $3.26 | $27,413 | $30,516 | 11.8 years |
| 14 kW | $3.20 | $31,329 | $36,255 | 11.6 years |
| 16 kW | $3.13 | $35,058 | $42,180 | 11.3 years |
| 18 kW | $3.06 | $38,601 | $48,291 | 11.1 years |
| 20 kW | $3.00 | $41,958 | $54,589 | 10.9 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 pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years most likely offer high-quality solar panel installation and expertise.
- Installation Process: Make sure you’re aligned with the company in regard to 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: Although reading through a contract can take a lot of time, it’s important to do it carefully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
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 Heath, TX Solar Cost FAQs
What is the average cost of installing solar panels in Heath?
This is a tough question to answer exactly, 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 extra solar equipment or more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is a crucial factor to consider, but whether it’s the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Heath?
The majority of states have net metering programs of some kind. Through these, you can either be compensated 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.
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 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.