Solar Panel Cost Guide in Mission Bend, TX (2024 Update)
- Mission Bend Solar Installation Cost: $17,781
- 25-Year Savings: $22,824
- Payback Period: 12.0 Years
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Average Cost of Solar Panels in Mission Bend
We go over average solar pricing in Mission Bend.
The national average cost of solar panels is $2.66 per watt, but in Mission Bend it’s 3 per watt.Since a 7.6-kW system is needed to cover the energy consumption of a typical home in Mission Bend, the average price of going solar will be about $17,781 after claiming the federal solar tax credit of 0.
The true price you pay can be above or below the average in Mission Bend depending on a variety of factors, such as the kind of solar panels you choose and the solar installer you hire.But, once you've paid the upfront cost of installation, the savings for most homeowners is quite good, with a net average savings of about $20,000 over 20 years on electricity bills.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Mission Bend
| Year | Return on Investment |
|---|---|
| 1 years | $-16,360 |
| 3 years | $-13,518 |
| 5 years | $-10,676 |
| 7 years | $-7,834 |
| 9 years | $-4,991 |
| 11 years | $-2,149 |
| 13 years | $693 |
| 15 years | $3,535 |
| 17 years | $6,377 |
| 19 years | $9,219 |
| 21 years | $12,062 |
| 23 years | $14,904 |
| 25 years | $17,746 |
Top Solar Installers in Mission Bend
Trying to put up solar panels on your own can be a stressful undertaking, which is why using a solar installer is a good option for many homeowners. Solar warranties and repairs are typically included in the cost of installation when you hire a solar contractor too, which can save you more money over time.
There are several 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 Mission Bend
Factors that Affect Solar Panel Costs in Mission Bend
Even though the average cost of a solar system in Mission Bend is $17,781, 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 panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy 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 around $3,330 per kilowatt in Mission Bend.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your electric bills. In addition, add-on products, such as solar batteries, can bring your total well above the Mission Bend average.
Solar Financing Terms
Many homeowners find the average cost of solar in Mission Bend to be prohibitively costly, even if the investment pays off over time. Fortunately, nearly every solar installer in the area offers financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to paying more over time because of interest.You’ll have to consider the long-term cost of loans, including the amount of 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
Finally, the company you get to install your solar panel system can affect the cost. Mission Bend’s solar companies all have different labor costs and add varying upcharges to equipment. The company’s size sometimes plays the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $14,705 | 12.4 years |
| 8 kW | $3.40 | $19,021 | $19,980 | 12.2 years |
| 10 kW | $3.33 | $23,310 | $25,441 | 12.0 years |
| 12 kW | $3.26 | $27,413 | $31,088 | 11.7 years |
| 14 kW | $3.20 | $31,329 | $36,922 | 11.5 years |
| 16 kW | $3.13 | $35,058 | $42,943 | 11.2 years |
| 18 kW | $3.06 | $38,601 | $49,150 | 11.0 years |
| 20 kW | $3.00 | $41,958 | $55,544 | 10.8 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Mission Bend, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: Warranties that cover panel repairs and maintenance over around 25 years are the best you can get in the business, and offering such a warranty is one mark of a good company.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you go with.
- Contract: Before you sign a contract with a solar installer, make sure you read it through fully so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be done and how long it will take.
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 Mission Bend, TX Solar Cost FAQs
How much does it cost to install solar panels in Mission Bend?
The average cost of solar panels in Mission Bend 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 like 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 Mission Bend?
Leasing solar panels can be an attractive choice, because it commonly comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to get the most savings.
Do solar panels increase your home value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Mission Bend is currently $387,911, which means you can look forward to a value of about $15,904 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Mission Bend is a worthwhile investment.
How long do solar panels last in Mission Bend?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount 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.