Solar Panel Cost Guide in Ovilla, TX (2024 Update)
- Ovilla Solar Installation Cost: $17,877
- 25-Year Savings: $22,747
- Payback Period: 12.0 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Ovilla
Find out what the average cost of solar panels are in Ovilla.
While the national average of solar panels is $2.66 per watt, solar panels in Ovilla typically cost around 3.Because a 7.7-kW system is needed to cover the energy needs of a typical home in Ovilla, the average price of going solar will be about $17,877 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much solar panels could cost. The exact cost of going solar can vary quite a bit based on a few factors, such as how many panels you need, your energy usage and what solar installer you go with.But, once you've paid the initial cost of installation, the payback for most homeowners is quite fruitful, with a net average savings of about $19,000 over 20 years on power bills.
You can click the button below to get connected with a top solar company in Ovilla for a quote for your home.
Solar savings over time in Ovilla
| Year | Return on Investment |
|---|---|
| 1 years | $-16,456 |
| 3 years | $-13,614 |
| 5 years | $-10,772 |
| 7 years | $-7,930 |
| 9 years | $-5,088 |
| 11 years | $-2,245 |
| 13 years | $597 |
| 15 years | $3,439 |
| 17 years | $6,281 |
| 19 years | $9,123 |
| 21 years | $11,965 |
| 23 years | $14,808 |
| 25 years | $17,650 |
Top Solar Installers in Ovilla
Many homeowners opt for a solar installation company since trying to install solar panels on your own can be a labor-intensive endeavor. In addition, if you’d like to maximize your investment in solar, using a solar installer can help with that too. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives, rebates and net metering programs.
Working with a professional solar installer can make going solar easier. Here are our recommendations:
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 Ovilla
Factors that Affect Solar Panel Costs in Ovilla
For many Ovilla homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Ovilla, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. Because of that, it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Ovilla, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. 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 Ovilla to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area provides financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also lead to a higher cost over time due to interest.Though solar loans make switching to solar energy more accessible for Ovilla homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installer you select will impact your total cost to make the switch to solar energy. Different companies will charge different amounts for the equipment and labor.The size of the company can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because they have greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger 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 | $14,548 | 12.5 years |
| 8 kW | $3.40 | $19,021 | $19,770 | 12.3 years |
| 10 kW | $3.33 | $23,310 | $25,179 | 12.0 years |
| 12 kW | $3.26 | $27,413 | $30,774 | 11.8 years |
| 14 kW | $3.20 | $31,329 | $36,556 | 11.5 years |
| 16 kW | $3.13 | $35,058 | $42,524 | 11.3 years |
| 18 kW | $3.06 | $38,601 | $48,678 | 11.1 years |
| 20 kW | $3.00 | $41,958 | $55,019 | 10.8 years |
How to Save on Solar Panels
The solar company you opt for 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 some important things you should take into account, such as:
- Contract: Read the contract terms carefully to make sure you understand the overall cost, project completion timeline rebates and warranties.
- Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Solar Panel Brands: Different companies will carry different brands and kinds of panels. If you prefer a specific brand, make sure the solar company you’re considering has it.
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should acquire and what the project timeline is.
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 Ovilla, TX Solar Cost FAQs
What is the average cost of installing solar panels in Ovilla?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $16,650 for a 5-kW system and $33,300 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Are solar panels free in Ovilla?
A solar panel system isn’t free in Ovilla, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Can you sell solar power back to the grid in Ovilla?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future utility bills.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the average daily 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 buy between 20 and 35 panels to account for 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.