Solar Panel Cost Guide in Missouri City, TX (2024 Update)
- Missouri City 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 Missouri City
Let’s have a look at the average cost of solar panels in Missouri City.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Missouri City, the typical cost of solar panels is 3 per watt.The average solar panel system size in Missouri City is around 7.6 kilowatts, meaning a cost of about $17,781 for a solar installation, or $25,427 before the 0 federal solar tax credit is applied.
The actual price you pay can be higher or lower than the average in Missouri City depending on a variety of factors, such as the model of solar panels you choose and the solar contractor you hire.Many homeowners find installing solar panels is a fruitful investment. The average homeowner in Missouri City can save around $20,000 on their energy bills over 20 years.
To get a free quote from a pre-vetted solar installation company in Missouri City, you can click the button below.
Solar savings over time in Missouri City
| 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 Missouri City
Many homeowners decide to hire a solar panel company since figuring out how to install solar panels on your own can be challenging. Because solar panels are exposed to rain, snow, hail and wind, depending on the climate, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost 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 Missouri City
Factors that Affect Solar Panel Costs in Missouri City
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few major factors that affect your total cost in Missouri City: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production use 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.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Missouri City, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Missouri City to be too costly, even if the investment pays off over time. Thankfully, nearly every solar installer in the area offers financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in a higher cost 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 securing a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
Finally, the company you choose to install your solar panel system can affect the cost. Missouri City’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to 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 | $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 solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and how long the project will take.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years in most cases provide high-quality solar panel installation and expertise.
- Solar Panel Brands: The type of solar panel you’d like to install plays a part in which company you should go with, since different companies provide different panels.
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 Missouri City, TX Solar Cost FAQs
How much does it cost to install solar panels in Missouri City?
This is a tough question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $16,650 for a 5-kW system and $33,300 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
What other factors should I consider in addition to cost when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will having solar panels impact my property value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Missouri City is currently $257,509, which means you can expect a value of about $10,558 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Missouri City is a fruitful investment.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs 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.