Solar Panel Cost Guide in Josephine, TX (2024 Update)
- Josephine Solar Installation Cost: $18,078
- 25-Year Savings: $27,149
- Payback Period: 10.8 Years
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Average Cost of Solar Panels in Josephine
Find out what the average cost of installing solar panels is in Josephine.
The average cost of solar panels in Josephine is 3 per watt.Because a 7.8-kW system is needed to cover the energy costs of a typical home in Josephine, the average price of going solar will be about $18,078 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of making the switch to solar can vary based on a few factors, such as how many panels you need, your energy usage and what company you go with.With typical savings of about $20,000 on utility bills over 20 years, many homeowners in Josephine find installing solar panels can be quite rewarding.
You can click the button below to get connected with a top solar installer in Josephine that can help you get a more accurate cost estimate for your home.
Solar savings over time in Josephine
| Year | Return on Investment |
|---|---|
| 1 years | $-16,576 |
| 3 years | $-13,572 |
| 5 years | $-10,567 |
| 7 years | $-7,563 |
| 9 years | $-4,559 |
| 11 years | $-1,555 |
| 13 years | $1,449 |
| 15 years | $4,454 |
| 17 years | $7,458 |
| 19 years | $10,462 |
| 21 years | $13,466 |
| 23 years | $16,470 |
| 25 years | $19,474 |
Top Solar Installers in Josephine
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Using an installer can make swapping over to solar power much easier. The expertise that solar companies provide can be valuable as well, especially if you don’t quite know what brand of solar equipment you need.
Working with a licensed solar installer can make going solar easier. Here are our recommendations:
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 Josephine
Factors that Affect Solar Panel Costs in Josephine
The cost of installing a solar system in Josephine can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the price of a solar panel system in Josephine, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can gauge by looking at past power bills. Your total cost can increase by around $3,330 for each additional kilowatt you need.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Josephine, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Josephine provide solar loans, which reduce your upfront costs of installing solar.When figuring out your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The solar installer you pick will impact your total cost to go solar. Different companies will bill different amounts for the equipment and labor.Larger national companies typically have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
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 | $17,756 | 11.3 years |
| 8 kW | $3.40 | $19,021 | $24,048 | 11.0 years |
| 10 kW | $3.33 | $23,310 | $30,526 | 10.8 years |
| 12 kW | $3.26 | $27,413 | $37,190 | 10.6 years |
| 14 kW | $3.20 | $31,329 | $44,041 | 10.4 years |
| 16 kW | $3.13 | $35,058 | $51,079 | 10.2 years |
| 18 kW | $3.06 | $38,601 | $58,303 | 10.0 years |
| 20 kW | $3.00 | $41,958 | $65,714 | 9.7 years |
How to Save on Solar Panels
The solar panel company you go with will affect not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, including:
- Solar Panel Brands: The type of solar panel you need to install plays a part in which company you should choose, since different companies provide different panels.
- Reputation: Your solar installer should have a solid reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Contract: Look through the contract terms carefully to make sure you understand how much it will cost, project completion timeline incentives and warranties.
- Warranty: If you care about the durability of your solar system, making sure 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 Josephine, TX Solar Cost FAQs
How much does it cost to install solar panels in Josephine?
This is a hard question to answer exactly, because the cost depends on a few different factors. Broadly 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 higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Are solar panels free in Josephine?
Solar panels aren’t free in Josephine, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
How will solar panels impact my property value?
Solar panels can increase your home value remarkably as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How long do solar panels last in Josephine?
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 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.