Solar Panel Cost Guide in La Feria, TX (2024 Update)
- La Feria Solar Installation Cost: $16,449
- 25-Year Savings: $23,900
- Payback Period: 11.1 Years
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Average Cost of Solar Panels in La Feria
We break down average solar pricing in La Feria.
While the national average of solar panels is $2.66 per watt, solar panels in La Feria generally cost around 3.To cover the typical energy needs of the average home in La Feria, most homeowners require a 7.1-kilowatt system. Using the figure above, a solar installation costs about $16,449, or $23,522 before the federal solar tax credit of 0 is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy needs, the type of solar panels you want to get, your solar contractor and more.Even with the significant initial cost, the average La Feria homeowner can save around $21,000 on their energy bills over 20 years, which is one of the positives of solar.
Click the button below to get connected to a vetted solar installer in your area for a customized estimate.
Solar savings over time in La Feria
| Year | Return on Investment |
|---|---|
| 1 years | $-15,028 |
| 3 years | $-12,186 |
| 5 years | $-9,343 |
| 7 years | $-6,501 |
| 9 years | $-3,659 |
| 11 years | $-817 |
| 13 years | $2,025 |
| 15 years | $4,867 |
| 17 years | $7,710 |
| 19 years | $10,552 |
| 21 years | $13,394 |
| 23 years | $16,236 |
| 25 years | $19,078 |
Top Solar Installers in La Feria
Many homeowners choose to hire a solar installer since trying to put up solar panels yourself can be hard. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long run due to their warranties, repair services and expert design.
Working with a licensed solar company can help you make the most of your investment in solar. 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 La Feria
Factors that Affect Solar Panel Costs in La Feria
The cost of installing a solar system in La Feria can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,330. The kind of solar panels and equipment you get is another factor that will greatly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Further, solar equipment goes beyond 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 researching a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are offered by most installers in La Feria, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible.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’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The final major cost factor you should take into consideration is the installer you choose. Given the massive popularity of sustainable energy solutions in La Feria, you’ll have a great number of options to choose from, but each comes at varying price points for labor and equipment.Larger national companies usually have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on 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 | $17,074 | 11.5 years |
| 8 kW | $3.40 | $19,021 | $23,139 | 11.3 years |
| 10 kW | $3.33 | $23,310 | $29,390 | 11.1 years |
| 12 kW | $3.26 | $27,413 | $35,827 | 10.8 years |
| 14 kW | $3.20 | $31,329 | $42,451 | 10.6 years |
| 16 kW | $3.13 | $35,058 | $49,261 | 10.4 years |
| 18 kW | $3.06 | $38,601 | $56,258 | 10.2 years |
| 20 kW | $3.00 | $41,958 | $63,441 | 10.0 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be difficult, we have some tips to help you, such as:
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running smoothly and save you money on repairs and maintenance.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you hire.
- Contract: When reading through your solar installer’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
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 La Feria, TX Solar Cost FAQs
How much does it cost to install solar panels in La Feria?
The average cost of solar panels in La Feria is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as 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 a key 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 take into account are the quality and durability of your solar panels.
How will installing solar panels impact the value of my home?
Solar panels can increase your property’s value remarkably as long as you buy or finance your panels and don’t choose 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 many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can take a 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 buy between 20 and 35 panels to cover 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.