Solar Panel Cost Guide in Laguna Vista, TX (2024 Update)
- Laguna Vista Solar Installation Cost: $16,449
- 25-Year Savings: $19,049
- Payback Period: 12.7 Years
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Average Cost of Solar Panels in Laguna Vista
Find out what the average cost of a solar system is in Laguna Vista.
While the national average of solar panels is $2.66 per watt, solar panels in Laguna Vista generally cost around 3.Because a 7.1-kW system is needed to cover the energy needs of a typical home in Laguna Vista, the average price of going solar will be about $16,449 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average Laguna Vista homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find installing solar panels is a rewarding investment. The average homeowner in Laguna Vista can save around $17,000 on their power bills over 20 years.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Laguna Vista
| Year | Return on Investment |
|---|---|
| 1 years | $-15,207 |
| 3 years | $-12,723 |
| 5 years | $-10,238 |
| 7 years | $-7,754 |
| 9 years | $-5,270 |
| 11 years | $-2,786 |
| 13 years | $-302 |
| 15 years | $2,182 |
| 17 years | $4,666 |
| 19 years | $7,150 |
| 21 years | $9,634 |
| 23 years | $12,118 |
| 25 years | $14,603 |
Top Solar Installers in Laguna Vista
Although you can install solar panels by yourself, it requires extra effort and know-how. For that reason, the majority of homeowners choose to go with a solar panel installer. Solar warranties and repairs are ordinarily included in the cost of installation when you opt for a solar contractor as well, which can save you more money after your initial investment.
You can work with a local solar installer to get a free quote on the cost of solar panels 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 Laguna Vista
Factors that Affect Solar Panel Costs in Laguna Vista
Although the average cost of a solar system in Laguna Vista is $16,449, your final cost may be higher or lower than that. There are quite a few factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more crucial things to keep in mind.
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 pay about $3,330 per kilowatt in Laguna Vista.There are several different solar panel brands and the one you pick also affects the cost. Generally speaking, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you want to install 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
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are provided by most installers in Laguna Vista, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more accessible.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 above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar company you hire to handle your switch to clean energy can play a role in your total costs. There are about 3 solar panel companies in Laguna Vista, and each can charge varying amounts for labor and equipment.Additionally, some companies in Laguna Vista know more about local solar incentives and can help you take advantage of 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 | $12,949 | 13.2 years |
| 8 kW | $3.40 | $19,021 | $17,638 | 13.0 years |
| 10 kW | $3.33 | $23,310 | $22,514 | 12.7 years |
| 12 kW | $3.26 | $27,413 | $27,577 | 12.5 years |
| 14 kW | $3.20 | $31,329 | $32,825 | 12.2 years |
| 16 kW | $3.13 | $35,058 | $38,261 | 12.0 years |
| 18 kW | $3.06 | $38,601 | $43,882 | 11.7 years |
| 20 kW | $3.00 | $41,958 | $49,691 | 11.4 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: Different companies have different brands and kinds of panels. If you want a specific brand, make sure the solar company you’re considering has it.
- Warranty: Warranties that provide coverage for replacement parts and repairs over a couple decades are the gold standard in the business, and offering such a warranty is one mark of a quality company.
- Installation Process: When going solar, it’s crucial to maintain an open line of communication with your solar panel company. See to it that you understand how the installation process will go and the completion timeline.
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past 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 Laguna Vista, TX Solar Cost FAQs
How much does it cost to install solar panels in Laguna Vista?
The average cost of solar panels in Laguna Vista 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 model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider aside from cost 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.
How much can I save on power bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $916.49 per year.
How long do solar panels last in Laguna Vista?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.