Solar Panel Cost Guide in North Alamo, TX (2024 Update)
- North Alamo Solar Installation Cost: $16,573
- 25-Year Savings: $17,670
- Payback Period: 13.3 Years
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Average Cost of Solar Panels in North Alamo
See how much it might cost to install solar panels in North Alamo.
In North Alamo, solar panels cost about 3 per watt on average.To cover the typical energy needs of the average home in North Alamo, most homeowners require a 7.1-kilowatt system. Using the per-watt figure above, a solar installation costs about $16,573, or $23,699 before the federal solar tax credit of 0 is applied.
Bear in mind that the figures above are only estimates based on the average North Alamo homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.Despite the large upfront cost, the average North Alamo homeowner can save about $17,000 on their power bills over 20 years, which is one of the advantages of solar.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in North Alamo
| Year | Return on Investment |
|---|---|
| 1 years | $-15,330 |
| 3 years | $-12,846 |
| 5 years | $-10,362 |
| 7 years | $-7,878 |
| 9 years | $-5,394 |
| 11 years | $-2,910 |
| 13 years | $-426 |
| 15 years | $2,058 |
| 17 years | $4,542 |
| 19 years | $7,026 |
| 21 years | $9,511 |
| 23 years | $11,995 |
| 25 years | $14,479 |
Top Solar Installers in North Alamo
When going solar, many homeowners prefer to use a solar installer since installing a solar system yourself can be a time-consuming project. A solar installer can also help save you money over the lifespan of your system by offering warranties, repairs and component replacements.
If you're looking for a solar company in North Alamo, the EcoWatch team has put together a list of our top suggestions here:
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 North Alamo
Factors that Affect Solar Panel Costs in North Alamo
While the average cost of a solar system in North Alamo is $16,573, 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 crucial things to consider.
Solar Equipment
When it comes to estimating the cost of a solar panel system in North Alamo, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy consumption, which you can determine by looking at past power bills. Your total cost can increase by about $3,330 for each additional kilowatt you need.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like North Alamo, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited 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
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are available from most installers in North Alamo, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies operating in North Alamo, and each can charge varying amounts for labor and equipment.You may see national solar installers that have lower prices because of their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $11,665 | 13.9 years |
| 8 kW | $3.40 | $19,021 | $15,926 | 13.6 years |
| 10 kW | $3.33 | $23,310 | $20,374 | 13.3 years |
| 12 kW | $3.26 | $27,413 | $25,008 | 13.1 years |
| 14 kW | $3.20 | $31,329 | $29,829 | 12.8 years |
| 16 kW | $3.13 | $35,058 | $34,836 | 12.5 years |
| 18 kW | $3.06 | $38,601 | $40,030 | 12.3 years |
| 20 kW | $3.00 | $41,958 | $45,410 | 12.0 years |
How to Save on Solar Panels
There are a lot of companies to choose from in North Alamo, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Contract: Although reading through a contract can be tedious, it’s important to do it fully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project timeline.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years in most cases offer good-quality solar panel installation and expertise.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one mark of a good company.
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 North Alamo, TX Solar Cost FAQs
What is the average cost of installing solar panels in North Alamo?
The average cost of solar panels in North Alamo 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 certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in North Alamo?
You can’t get solar panels for free in North Alamo. However, you may still be able to install 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.
Do solar panels increase how much your home is worth?
Solar panels can increase your home value significantly 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% after installing solar panels."
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.