Solar Panel Cost Guide in Rowlett, TX (2024 Update)
- Rowlett Solar Installation Cost: $17,950
- 25-Year Savings: $23,134
- Payback Period: 11.9 Years
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Average Cost of Solar Panels in Rowlett
Find out how much it might cost to switch to solar power in Rowlett.
While the national average of solar panels is $2.66 per watt, solar panels in Rowlett generally cost about 3.Since a 7.7-kW system is needed to cover the energy needs of a typical home in Rowlett, the average price of going solar will be about $17,950 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average energy use of Rowlett homeowners. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.But, once you've paid the initial cost of installation, the return on investment for most homeowners is quite rewarding, with a net average savings of about $19,000 over 20 years on energy bills.
To receive a free estimate from a pre-vetted solar company in Rowlett, you can click the button below.
Solar savings over time in Rowlett
| Year | Return on Investment |
|---|---|
| 1 years | $-16,471 |
| 3 years | $-13,513 |
| 5 years | $-10,555 |
| 7 years | $-7,597 |
| 9 years | $-4,640 |
| 11 years | $-1,682 |
| 13 years | $1,276 |
| 15 years | $4,233 |
| 17 years | $7,191 |
| 19 years | $10,149 |
| 21 years | $13,107 |
| 23 years | $16,064 |
| 25 years | $19,022 |
Top Solar Installers in Rowlett
When switching to solar energy, many homeowners prefer to hire a solar installation company since putting up a solar system yourself can be a difficult project. Plus, if you’re unsure what brand of solar panels and equipment you want, a solar installer can help you find the right equipment for you after a site survey and consultation.
If you're searching for a solar installer in Rowlett, the EcoWatch team has compiled 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 Rowlett
Factors that Affect Solar Panel Costs in Rowlett
For many Rowlett homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Rowlett, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the notable 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 increase costs. For each additional kilowatt you need, your cost can go up by about $3,330.The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That’s why many Rowlett homeowners decide to finance their solar panel systems to offset upfront costs.Even though solar loans make adopting solar energy more accessible for Rowlett homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The last major cost factor you should consider is the installer you choose. Given the massive popularity of sustainable energy solutions in Rowlett, you’ll have plenty of options to choose from, but each comes at varying price points for labor and equipment.Larger national companies generally have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle 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 | $14,778 | 12.4 years |
| 8 kW | $3.40 | $19,021 | $20,077 | 12.2 years |
| 10 kW | $3.33 | $23,310 | $25,562 | 11.9 years |
| 12 kW | $3.26 | $27,413 | $31,234 | 11.7 years |
| 14 kW | $3.20 | $31,329 | $37,093 | 11.4 years |
| 16 kW | $3.13 | $35,058 | $43,137 | 11.2 years |
| 18 kW | $3.06 | $38,601 | $49,369 | 11.0 years |
| 20 kW | $3.00 | $41,958 | $55,786 | 10.7 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 select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you hire.
- Warranty: Each company may offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
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 Rowlett, TX Solar Cost FAQs
What is the average cost of installing solar panels in Rowlett?
This is a difficult question to answer exactly, because the cost depends on many 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 extra solar equipment or more efficient panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Are solar panels free in Rowlett?
You can’t get solar panels for free in Rowlett. However, you may still be able to get 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.
Can solar panels completely eradicate my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located 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 $977.44 per year.
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 how much sunlight your roof gets. You can 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 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.