Solar Panel Cost Guide in Sullivan City, TX (2024 Update)
- Sullivan City Solar Installation Cost: $16,573
- 25-Year Savings: $23,800
- Payback Period: 11.1 Years
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Average Cost of Solar Panels in Sullivan City
See how much it might cost to install solar panels in Sullivan City.
While the national average of solar panels is $2.66 per watt, solar panels in Sullivan City typically cost about 3.Using this figure, a typical 7.1-kW system would cost about $16,573 before the 0 federal solar tax credit is applied.
How much you pay can go higher or lower than the average in Sullivan City based on a few factors, such as the kind of solar panels you choose and the solar contractor you hire.But, once you've paid the initial cost of installation, the return on investment for most homeowners is quite good, with a net average savings of about $21,000 over 20 years on utility bills.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Sullivan City
| Year | Return on Investment |
|---|---|
| 1 years | $-15,151 |
| 3 years | $-12,309 |
| 5 years | $-9,467 |
| 7 years | $-6,625 |
| 9 years | $-3,783 |
| 11 years | $-941 |
| 13 years | $1,901 |
| 15 years | $4,744 |
| 17 years | $7,586 |
| 19 years | $10,428 |
| 21 years | $13,270 |
| 23 years | $16,112 |
| 25 years | $18,954 |
Top Solar Installers in Sullivan City
When going solar, many homeowners opt to use a solar company since overseeing your solar installation yourself can be a difficult project. Companies can also have access to various kinds of the best solar panels and help you pick which one will be best for your home.
If you’d like to switch to solar energy but still aren’t sure which solar system installer to go with, here are our recommendations for providers near you:
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 Sullivan City
Factors that Affect Solar Panel Costs in Sullivan City
The cost of installing a solar system in Sullivan City 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
The size of the solar energy system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,330. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get 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, higher efficiency could save you more over time on your power bills. Additionally, extra products, like solar batteries, can bump up your total well above the Sullivan City average.
Solar Financing Terms
Most solar companies in Sullivan City provide solar loans, which reduce the initial cost of installing a solar system.When figuring out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you get to install your solar panels can influence how much you pay. Sullivan City’s solar companies all have different labor costs and add varying upcharges to equipment. The company’s size sometimes plays the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to greater resources and bulk pricing. Smaller local companies might be more costly, but they generally 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 | $16,838 | 11.6 years |
| 8 kW | $3.40 | $19,021 | $22,824 | 11.4 years |
| 10 kW | $3.33 | $23,310 | $28,996 | 11.1 years |
| 12 kW | $3.26 | $27,413 | $35,355 | 10.9 years |
| 14 kW | $3.20 | $31,329 | $41,900 | 10.7 years |
| 16 kW | $3.13 | $35,058 | $48,631 | 10.5 years |
| 18 kW | $3.06 | $38,601 | $55,549 | 10.2 years |
| 20 kW | $3.00 | $41,958 | $62,654 | 10.0 years |
How to Save on Solar Panels
There are a lot of companies available in Sullivan City, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: The type of solar panel you need plays a part in which company you should opt for, since different companies have access to different panels.
- Contract: When looking through your solar installer’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should secure and what the project timeline is.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for years to come and save you money on part replacement and repairs.
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 Sullivan City, TX Solar Cost FAQs
How much does it cost to install solar panels in Sullivan City?
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 additional solar equipment or higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Are solar panels free in Sullivan City?
You can’t get solar panels for free in Sullivan City. 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 you sell solar power back to the grid in Sullivan City?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future energy bills.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger 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.