Solar Panel Cost Guide in Hutto, TX (2024 Update)
- Hutto Solar Installation Cost: $17,549
- 25-Year Savings: $22,240
- Payback Period: 12.0 Years
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Average Cost of Solar Panels in Hutto
We break down average solar pricing in Hutto.
In Hutto, solar panels cost about 3 per watt on average.To account for the typical energy usage of the average home in Hutto, most homeowners require a 7.5-kilowatt system. Using the figure above, a solar installation costs about $17,549, or $25,095 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of making the switch to solar can vary depending on a few factors, such as what size system you need, your energy consumption and what solar installer you go with.But, once you've paid the initial cost of installation, the ROI for most homeowners is quite rewarding, with a net average savings of about $18,000 over 20 years on electricity bills.
To get a free estimate from a vetted solar company in Hutto, you can click the button below.
Solar savings over time in Hutto
| Year | Return on Investment |
|---|---|
| 1 years | $-16,116 |
| 3 years | $-13,251 |
| 5 years | $-10,385 |
| 7 years | $-7,520 |
| 9 years | $-4,655 |
| 11 years | $-1,790 |
| 13 years | $1,076 |
| 15 years | $3,941 |
| 17 years | $6,806 |
| 19 years | $9,672 |
| 21 years | $12,537 |
| 23 years | $15,402 |
| 25 years | $18,268 |
Top Solar Installers in Hutto
Trying to install solar panels yourself can be a stressful project, which is why using a solar installation company is a good option for many homeowners. A solar installer can also help save you money over the lifespan of your system by offering warranties, repairs and system component replacements.
You can work with a local solar installer to get a free estimate 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 Hutto
Factors that Affect Solar Panel Costs in Hutto
For many Hutto homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Hutto, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,330.There are many 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. In addition, the type of equipment you choose 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
Solar panels can save you money on power bills over time, but they can also be a big investment. That’s why many Hutto homeowners decide to finance their solar panel systems to offset upfront costs.It’s wise to add 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 how long it’ll take to pay off the loan.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Hutto is the company you choose to install your solar system. Similar to choosing a company to renovate your kitchen, for example, you’ll have many options for solar installers that offer a range of services at different costs.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk 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 | $14,477 | 12.5 years |
| 8 kW | $3.40 | $19,021 | $19,676 | 12.3 years |
| 10 kW | $3.33 | $23,310 | $25,061 | 12.0 years |
| 12 kW | $3.26 | $27,413 | $30,633 | 11.8 years |
| 14 kW | $3.20 | $31,329 | $36,391 | 11.6 years |
| 16 kW | $3.13 | $35,058 | $42,336 | 11.3 years |
| 18 kW | $3.06 | $38,601 | $48,467 | 11.1 years |
| 20 kW | $3.00 | $41,958 | $54,784 | 10.8 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Contract: Though reading through a contract can take a lot of time, it’s important to do it carefully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can look into your installer’s reputation is by reading reviews.
- Solar Panel Brands: Different companies carry various brands and types of panels. If you prefer a specific brand, make sure the solar panel company you’re considering has it.
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 Hutto, TX Solar Cost FAQs
What is the average cost of installing solar panels in Hutto?
The average cost of solar panels in Hutto 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 like the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to consider when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Hutto?
The majority of states offer 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 energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Hutto?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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.