Solar Panel Cost Guide in Mesquite, TX (2024 Update)
- Mesquite Solar Installation Cost: $17,938
- 25-Year Savings: $20,398
- Payback Period: 12.9 Years
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Average Cost of Solar Panels in Mesquite
Find out what the average cost of solar panel installation is in Mesquite.
The average cost of a solar system in Mesquite is 3 per watt.The average solar panel system size in Mesquite is around 7.7 kilowatts, meaning a cost of about $17,938 for a solar installation, or $25,651 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy use, the type of solar system you choose, your solar contractor and more.With typical savings of about $17,000 on energy bills over 20 years, many homeowners in Mesquite find installing solar panels can pay off big.
To receive a free estimate from a vetted solar installation company in Mesquite, you can click the button below.
Solar savings over time in Mesquite
| Year | Return on Investment |
|---|---|
| 1 years | $-16,334 |
| 3 years | $-13,126 |
| 5 years | $-9,919 |
| 7 years | $-6,711 |
| 9 years | $-3,503 |
| 11 years | $-296 |
| 13 years | $2,912 |
| 15 years | $6,120 |
| 17 years | $9,327 |
| 19 years | $12,535 |
| 21 years | $15,742 |
| 23 years | $18,950 |
| 25 years | $22,158 |
Top Solar Installers in Mesquite
When going solar, many homeowners prefer to go with a solar installation company since installing a solar system yourself can be a difficult project. Plus, if you’d like to maximize your investment in solar energy, going with a solar company can help with that as well. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives, rebates and net metering programs.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some near you:
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 Mesquite
Factors that Affect Solar Panel Costs in Mesquite
There are several criteria that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,330.There are a lot of different solar panel brands and the one you pick also changes the cost. In many cases, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are a popular option because they lower your upfront costs and let you pay for your system over five to seven years on average.Even though solar loans make going solar more accessible for Mesquite homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Mesquite is the company you hire to install your solar system. Similar to choosing a company to renovate your kitchen, for instance, there’s no shortage of solar installers that offer a range of services at different price points.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 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 | $12,656 | 13.4 years |
| 8 kW | $3.40 | $19,021 | $17,248 | 13.1 years |
| 10 kW | $3.33 | $23,310 | $22,026 | 12.9 years |
| 12 kW | $3.26 | $27,413 | $26,991 | 12.6 years |
| 14 kW | $3.20 | $31,329 | $32,142 | 12.3 years |
| 16 kW | $3.13 | $35,058 | $37,480 | 12.1 years |
| 18 kW | $3.06 | $38,601 | $43,004 | 11.8 years |
| 20 kW | $3.00 | $41,958 | $48,715 | 11.6 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
- Warranty: Many companies offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Even though there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of offerings before deciding.
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 Mesquite, TX Solar Cost FAQs
How much does it cost to install solar panels in Mesquite?
The average cost of solar panels in Mesquite 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 model of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Mesquite?
Leasing solar panels can be an option if you can’t pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property 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 your home value?
Solar panels can increase your home value 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 many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.