Solar Panel Cost Guide in Nolanville, TX (2024 Update)
- Nolanville Solar Installation Cost: $17,575
- 25-Year Savings: $19,696
- Payback Period: 13.0 Years
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Average Cost of Solar Panels in Nolanville
Here’s how much it might cost to install solar panels in Nolanville.
The national average cost of solar panels is $2.66 per watt, but in Nolanville it’s 3 per watt.The average solar panel system size in Nolanville is around 7.5 kilowatts, meaning a cost of about $17,575 for a solar installation, or $25,132 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy use, the type of equipment you want to get, your solar contractor and more.Many homeowners find going solar is a rewarding investment. The average homeowner in Nolanville can save about $17,000 on their energy bills over 20 years.
To receive a free quote from a pre-vetted solar installation company in Nolanville, you can click the button below.
Solar savings over time in Nolanville
| Year | Return on Investment |
|---|---|
| 1 years | $-16,143 |
| 3 years | $-13,277 |
| 5 years | $-10,412 |
| 7 years | $-7,547 |
| 9 years | $-4,681 |
| 11 years | $-1,816 |
| 13 years | $1,049 |
| 15 years | $3,915 |
| 17 years | $6,780 |
| 19 years | $9,645 |
| 21 years | $12,510 |
| 23 years | $15,376 |
| 25 years | $18,241 |
Top Solar Installers in Nolanville
Although you can install solar panels by yourself, it involves extra time and knowledge. Because of that, most homeowners choose to go with a solar panel installer. A solar company can also help save you money over the lifespan of your system by providing warranties, repairs and component replacements.
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 Nolanville
Factors that Affect Solar Panel Costs in Nolanville
For many Nolanville homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Nolanville, with typical prices between $20,000 to $40,000. There are numerous factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,330.The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That’s why many Nolanville homeowners decide to finance their solar panel systems to make going solar more affordable.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Nolanville is the company you hire to install your solar panel system. As with choosing a company to build a deck or pool, for instance, there’s no shortage of solar installers that offer a range of services for different budgets.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $12,426 | 13.5 years |
| 8 kW | $3.40 | $19,021 | $16,941 | 13.2 years |
| 10 kW | $3.33 | $23,310 | $21,643 | 13.0 years |
| 12 kW | $3.26 | $27,413 | $26,531 | 12.7 years |
| 14 kW | $3.20 | $31,329 | $31,605 | 12.4 years |
| 16 kW | $3.13 | $35,058 | $36,866 | 12.2 years |
| 18 kW | $3.06 | $38,601 | $42,314 | 11.9 years |
| 20 kW | $3.00 | $41,958 | $47,948 | 11.7 years |
How to Save on Solar Panels
The solar installer you go with will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, such as:
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years likely offer quality solar panel installation and expertise.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be completed and how long it will take.
- Contract: When looking through your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Although there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so make sure you ask for their list of options before making your decision.
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 Nolanville, TX Solar Cost FAQs
How much does it cost to install solar panels in Nolanville?
The average cost of solar panels in Nolanville 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 type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Nolanville?
A solar panel system isn’t free in Nolanville, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How much can I save on electricity bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $899.06 per year.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is 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 larger level 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.