Solar Panel Cost Guide in Flower Mound, TX (2024 Update)
- Flower Mound Solar Installation Cost: $17,842
- 25-Year Savings: $17,724
- Payback Period: 13.9 Years
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Average Cost of Solar Panels in Flower Mound
Find out what the average cost of a solar system is in Flower Mound.
The national average cost of solar panels is $2.66 per watt, but in Flower Mound it’s 3 per watt.Using this figure, a typical 7.7-kW system would cost about $17,842 before the 0 federal solar tax credit is applied.
These figures are just estimates, and the cost of going solar for you may differ based on the amount of energy your home requires and what company you go with.Many homeowners find installing a solar panel system is a rewarding investment. The average homeowner in Flower Mound can save around $16,000 on their power bills over 20 years.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Flower Mound
| Year | Return on Investment |
|---|---|
| 1 years | $-16,556 |
| 3 years | $-13,983 |
| 5 years | $-11,410 |
| 7 years | $-8,837 |
| 9 years | $-6,264 |
| 11 years | $-3,691 |
| 13 years | $-1,118 |
| 15 years | $1,455 |
| 17 years | $4,029 |
| 19 years | $6,602 |
| 21 years | $9,175 |
| 23 years | $11,748 |
| 25 years | $14,321 |
Top Solar Installers in Flower Mound
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can take a lot of hard work. Going with a solar panel installer can make switching to solar power much easier. Solar warranties and repairs are ordinarily included in the cost of installation when you opt for a solar contractor too, which can save you more money after your upfront investment.
You can work with a local solar installer to get a free quote 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 Flower Mound
Factors that Affect Solar Panel Costs in Flower Mound
For many Flower Mound homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Flower Mound, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,330.The brand and type of equipment you want for your solar system can increase or decrease 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 greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That’s why many Flower Mound homeowners opt to finance their solar panel systems to make going solar more affordable.When considering your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar company you hire to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar installation companies in Flower Mound, and each can charge varying amounts for labor and equipment.The size of the company sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to more 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 promotion 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 | $10,646 | 14.4 years |
| 8 kW | $3.40 | $19,021 | $14,567 | 14.2 years |
| 10 kW | $3.33 | $23,310 | $18,675 | 13.9 years |
| 12 kW | $3.26 | $27,413 | $22,970 | 13.6 years |
| 14 kW | $3.20 | $31,329 | $27,451 | 13.3 years |
| 16 kW | $3.13 | $35,058 | $32,118 | 13.0 years |
| 18 kW | $3.06 | $38,601 | $36,972 | 12.8 years |
| 20 kW | $3.00 | $41,958 | $42,013 | 12.5 years |
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose significantly impacts your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. A couple of 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 good reviews from past customers.
- Warranty: If you care about the durability of your solar energy system, ensuring your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it carefully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
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 Flower Mound, TX Solar Cost FAQs
How much does it cost to install solar panels in Flower Mound?
The average cost of solar panels in Flower Mound 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 certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will having solar panels impact my home value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Flower Mound is currently $597,843, so you can look forward to a value of about $24,512 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Flower Mound is a worthwhile investment.
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 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 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.