Solar Panel Cost Guide in Marlin, TX (2024 Update)
- Marlin Solar Installation Cost: $17,707
- 25-Year Savings: $17,068
- Payback Period: 14.1 Years
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Average Cost of Solar Panels in Marlin
We break down average solar pricing in Marlin.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Marlin, the typical cost of solar panels is 3 per watt.Because a 7.6-kW system is needed to cover the energy costs of a typical home in Marlin, the average price of going solar will be about $17,707 after claiming the federal solar tax credit of 0.
The true cost of your system can be higher or lower than the average in Marlin based on a variety of factors, such as the brand of solar panels you choose and the solar contractor you hire.With typical savings of about $16,000 on utility bills over 20 years, many homeowners in Marlin find installing solar panels can be quite rewarding.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Marlin
| Year | Return on Investment |
|---|---|
| 1 years | $-16,525 |
| 3 years | $-14,163 |
| 5 years | $-11,801 |
| 7 years | $-9,439 |
| 9 years | $-7,077 |
| 11 years | $-4,714 |
| 13 years | $-2,352 |
| 15 years | $10 |
| 17 years | $2,372 |
| 19 years | $4,735 |
| 21 years | $7,097 |
| 23 years | $9,459 |
| 25 years | $11,821 |
Top Solar Installers in Marlin
DIY solar panel installation is a way to cut costs, but it's an undertaking that can use up a lot of your time and energy. Using an installer can make your swap to solar power much easier. Plus, warranties and repairs from your solar panel company can protect your investment and bring down the cost of maintenance over the lifespan of your panels.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 Marlin
Factors that Affect Solar Panel Costs in Marlin
Though the average cost of a solar system in Marlin is $17,707, your final cost may be higher or lower than that. There are several factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
The size of the solar energy system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,330. The kind of solar panels and equipment you get is another factor that will greatly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment goes beyond just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are available from most installers in Marlin, which can lower, or in some cases completely eliminate, your upfront costs to make solar more accessible.It’s a good idea 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
Finally, the company you choose to install your solar panels can affect the cost. Marlin’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Marlin know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. 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 | $10,234 | 14.7 years |
| 8 kW | $3.40 | $19,021 | $14,018 | 14.4 years |
| 10 kW | $3.33 | $23,310 | $17,989 | 14.1 years |
| 12 kW | $3.26 | $27,413 | $22,146 | 13.8 years |
| 14 kW | $3.20 | $31,329 | $26,490 | 13.5 years |
| 16 kW | $3.13 | $35,058 | $31,020 | 13.3 years |
| 18 kW | $3.06 | $38,601 | $35,736 | 13.0 years |
| 20 kW | $3.00 | $41,958 | $40,639 | 12.7 years |
How to Save on Solar Panels
The solar panel company you choose will impact not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should take into account, including:
- Installation Process: When going solar, it’s crucial to keep an open line of communication with your solar installer. Confirm that you understand how the installation process will go and the project timeline.
- 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 large role in the company you choose.
- Contract: Look through the contract terms carefully to make sure you understand how much it will cost, project completion timeline rebates and warranties.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established 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 research your installer’s reputation is by reading reviews.
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 Marlin, TX Solar Cost FAQs
What is the average cost of installing solar panels in Marlin?
The average cost of solar panels in Marlin 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 things like the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Marlin?
You can’t get solar panels for free in Marlin. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Does Marlin have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can 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 many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and the amount of 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 get 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.