Solar Panel Cost Guide in Sandy Oaks, TX (2024 Update)
- Sandy Oaks Solar Installation Cost: $17,467
- 25-Year Savings: $21,917
- Payback Period: 12.1 Years
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Average Cost of Solar Panels in Sandy Oaks
Find out how much it might cost to go solar in Sandy Oaks.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Sandy Oaks, the average cost of a solar system is 3 per watt.The average Sandy Oaks homeowner needs a 7.5-kilowatt system, which would cost about $17,467 with the federal tax credit, or $24,978 before the 0 tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Sandy Oaks homeowners. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Sandy Oaks can save around $18,000 on their electricity bills over 20 years.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Sandy Oaks
| Year | Return on Investment |
|---|---|
| 1 years | $-16,139 |
| 3 years | $-13,484 |
| 5 years | $-10,828 |
| 7 years | $-8,173 |
| 9 years | $-5,517 |
| 11 years | $-2,862 |
| 13 years | $-206 |
| 15 years | $2,449 |
| 17 years | $5,105 |
| 19 years | $7,760 |
| 21 years | $10,416 |
| 23 years | $13,071 |
| 25 years | $15,727 |
Top Solar Installers in Sandy Oaks
Many homeowners opt for a solar installer since trying to install solar panels yourself can be time-consuming. A solar installer can also help save you money in the long run by offering warranties, repairs and system component replacements.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some nearby:
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 Sandy Oaks
Factors that Affect Solar Panel Costs in Sandy Oaks
The cost of installing a solar system in Sandy Oaks can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. That’s why it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use.The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your electric bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Sandy Oaks average.
Solar Financing Terms
Most solar installers in Sandy Oaks offer solar loans, which reduce your upfront costs of installing solar.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’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 getting a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panels can impact your pricing. Sandy Oaks’s solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and decide on the company that offers the products, warranties and services you want and also fits within your budget.
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 | $14,302 | 12.6 years |
| 8 kW | $3.40 | $19,021 | $19,442 | 12.4 years |
| 10 kW | $3.33 | $23,310 | $24,769 | 12.1 years |
| 12 kW | $3.26 | $27,413 | $30,282 | 11.9 years |
| 14 kW | $3.20 | $31,329 | $35,982 | 11.6 years |
| 16 kW | $3.13 | $35,058 | $41,868 | 11.4 years |
| 18 kW | $3.06 | $38,601 | $47,941 | 11.2 years |
| 20 kW | $3.00 | $41,958 | $54,200 | 10.9 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Warranty: Warranties that cover panel repairs and maintenance over around 25 years are the best you can get in the business, and offering that kind of warranty is one mark of a quality company.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can look into your installer’s reputation is by reading reviews.
- Contract: Look through the contract terms closely to make sure you understand how much it will cost, completion timeline incentives and warranties.
- Installation Process: An important thing to understand when adopting solar energy is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should secure 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 Sandy Oaks, TX Solar Cost FAQs
What is the average cost of installing solar panels in Sandy Oaks?
The average cost of solar panels in Sandy Oaks 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 like the model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider other than cost when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase how much your home is worth?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Sandy Oaks is currently $285,219, so you can look forward to a value of about $11,694 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Sandy Oaks is a worthwhile investment.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.