Solar Panel Cost Guide in Silsbee, TX (2024 Update)
- Silsbee Solar Installation Cost: $18,087
- 25-Year Savings: $20,709
- Payback Period: 12.8 Years
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Average Cost of Solar Panels in Silsbee
Find out what the average cost of a solar system is in Silsbee.
In Silsbee, solar panels cost about 3 per watt on average.Using this figure, a typical 7.8-kW system would cost about $18,087 before the 0 federal solar tax credit is applied.
The true price you pay can go higher or lower than the average in Silsbee depending on a few factors, such as the model of solar panels you choose and the solar installer you hire.Despite the significant upfront cost, the average Silsbee homeowner can save around $17,000 on their electricity bills over 20 years, which is one of the benefits of solar.
You can click the button below to get connected with a top solar company in Silsbee for a quote for your home.
Solar savings over time in Silsbee
| Year | Return on Investment |
|---|---|
| 1 years | $-16,788 |
| 3 years | $-14,191 |
| 5 years | $-11,594 |
| 7 years | $-8,997 |
| 9 years | $-6,400 |
| 11 years | $-3,802 |
| 13 years | $-1,205 |
| 15 years | $1,392 |
| 17 years | $3,989 |
| 19 years | $6,586 |
| 21 years | $9,183 |
| 23 years | $11,780 |
| 25 years | $14,378 |
Top Solar Installers in Silsbee
Although it's possible to install solar panels on your own, it involves extra effort and know-how. Because of that, the majority of homeowners choose to go with a solar panel installer. In addition, if you’d like to maximize your investment in solar power, using a solar installer can help with that as well. Different providers can offer warranties, expertise on solar panel installation and sometimes even information on local incentives, rebates and net metering programs.
Working with a licensed 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 Silsbee
Factors that Affect Solar Panel Costs in Silsbee
The cost of installing a solar system in Silsbee can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay about $3,330 per kilowatt in Silsbee.There are many different solar panel brands and the one you pick also changes the cost. Generally, the brands that are more efficient tend to also cost more. Plus, the type of equipment you choose can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are offered by most installers in Silsbee, which can lower, or in some cases eliminate, your upfront costs to make solar more accessible.While solar loans make going solar more accessible for Silsbee 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 solar panel installer you choose will play a role in your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor.The size of the company sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to 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 lower to compete with bigger names.
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 | $12,766 | 13.3 years |
| 8 kW | $3.40 | $19,021 | $17,395 | 13.1 years |
| 10 kW | $3.33 | $23,310 | $22,209 | 12.8 years |
| 12 kW | $3.26 | $27,413 | $27,211 | 12.5 years |
| 14 kW | $3.20 | $31,329 | $32,398 | 12.3 years |
| 16 kW | $3.13 | $35,058 | $37,773 | 12.0 years |
| 18 kW | $3.06 | $38,601 | $43,333 | 11.8 years |
| 20 kW | $3.00 | $41,958 | $49,081 | 11.5 years |
How to Save on Solar Panels
Since the type of solar panels and the installation company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: It’s important to read your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Even though there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you peruse their list of offerings before making your decision.
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 Silsbee, TX Solar Cost FAQs
How much does it cost to install solar panels in Silsbee?
This is a tough question to answer exactly, because the cost depends on a few different 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. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Is cost the most important consideration when buying solar panels?
The initial cost is a crucial factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Can solar panels completely eradicate my electricity bills?
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 $910.39 per year.
How long do solar panels last in Silsbee?
On average, solar panels can last 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 higher amount 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.