Solar Panel Cost Guide in Jacksboro, TX (2024 Update)
- Jacksboro Solar Installation Cost: $17,434
- 25-Year Savings: $19,077
- Payback Period: 13.1 Years
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Average Cost of Solar Panels in Jacksboro
We break down average solar pricing in Jacksboro.
The national average cost of solar panels is $2.66 per watt, but in Jacksboro it’s 3 per watt.Since a 7.5-kW system is needed to cover the energy usage of a typical home in Jacksboro, the average price of going solar will be about $17,434 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average energy use of Jacksboro homeowners. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.With typical savings of about $17,000 on power bills over 20 years, many homeowners in Jacksboro find investing in solar can be quite rewarding.
To receive a free estimate from a pre-vetted solar installation company in Jacksboro, you can click the button below.
Solar savings over time in Jacksboro
| Year | Return on Investment |
|---|---|
| 1 years | $-16,237 |
| 3 years | $-13,843 |
| 5 years | $-11,448 |
| 7 years | $-9,054 |
| 9 years | $-6,659 |
| 11 years | $-4,265 |
| 13 years | $-1,871 |
| 15 years | $524 |
| 17 years | $2,918 |
| 19 years | $5,313 |
| 21 years | $7,707 |
| 23 years | $10,102 |
| 25 years | $12,496 |
Top Solar Installers in Jacksboro
Although it's possible to install solar panels yourself, it requires extra time and knowledge. Because of that, the majority of homeowners choose to go with a solar panel installer. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long run because of their warranties, repair services and expert design.
If you're searching for a solar installer in Jacksboro, the EcoWatch team has compiled a list of our top suggestions here:
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 Jacksboro
Factors that Affect Solar Panel Costs in Jacksboro
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that affect your total cost in Jacksboro: 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
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend around $3,330 per kilowatt in Jacksboro.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, higher efficiency could save you more in the long run on your electric bills. In addition, extra products, such as solar batteries, can bump up your total well above the Jacksboro average.
Solar Financing Terms
Many homeowners find the average cost of solar in Jacksboro to be prohibitively costly, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in a higher cost over time because of interest.You’ll have to consider the long-term cost of loans, 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 original cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panel system can influence the cost. Jacksboro’s solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and choose a company that provides the products, warranties and services you want and also fits within your budget.
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 | $12,056 | 13.7 years |
| 8 kW | $3.40 | $19,021 | $16,448 | 13.4 years |
| 10 kW | $3.33 | $23,310 | $21,026 | 13.1 years |
| 12 kW | $3.26 | $27,413 | $25,790 | 12.9 years |
| 14 kW | $3.20 | $31,329 | $30,741 | 12.6 years |
| 16 kW | $3.13 | $35,058 | $35,879 | 12.4 years |
| 18 kW | $3.06 | $38,601 | $41,203 | 12.1 years |
| 20 kW | $3.00 | $41,958 | $46,713 | 11.8 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose considerably affects 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 companies that have great reviews from their customers and that have been operating for many years in most cases provide high-quality solar panel installation and expertise.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. While there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you ask for their list of options before making your decision.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Warranty: If you care about the longevity of your solar panel system, ensuring your company offers a 25-year, all-inclusive warranty can help put you at ease.
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 Jacksboro, TX Solar Cost FAQs
What is the average cost of installing solar panels in Jacksboro?
The average cost of solar panels in Jacksboro 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 type of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Jacksboro?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Do solar panels increase the value of your home?
Solar panels can increase the value of your home remarkably as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount 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.