Solar Panel Cost Guide in Garland, TX (2024 Update)
- Garland Solar Installation Cost: $17,976
- 25-Year Savings: $22,083
- Payback Period: 12.3 Years
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Average Cost of Solar Panels in Garland
Let’s have a look at the average cost of solar in Garland.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Garland, the typical cost of solar panels is 3 per watt.Using this figure, a typical 7.7-kW system would cost about $17,976 before the 0 federal solar tax credit is applied.
These figures are only averages, and the cost of going solar for you will differ based on your energy needs and what company you go with.Even with the high initial cost, the average Garland homeowner can save about $18,000 on their energy bills over 20 years, which is one of the perks of solar.
You can click the button below to get connected with a pre-vetted solar company in Garland for a quote for your home.
Solar savings over time in Garland
| Year | Return on Investment |
|---|---|
| 1 years | $-16,633 |
| 3 years | $-13,949 |
| 5 years | $-11,264 |
| 7 years | $-8,580 |
| 9 years | $-5,895 |
| 11 years | $-3,210 |
| 13 years | $-526 |
| 15 years | $2,159 |
| 17 years | $4,844 |
| 19 years | $7,528 |
| 21 years | $10,213 |
| 23 years | $12,897 |
| 25 years | $15,582 |
Top Solar Installers in Garland
Although it's possible to install solar panels by yourself, it involves extra energy and knowledge. That's why almost all homeowners choose a solar panel installer. Plus, if you’d like to maximize your investment in solar energy, opting for a solar company can help with that as well. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives, rebates and net metering programs.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some 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 Garland
Factors that Affect Solar Panel Costs in Garland
While the average cost of a solar system in Garland is $17,976, your actual cost may be higher or lower than that. There are quite a few factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
When it comes to estimating the price of a solar energy system in Garland, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy consumption, which you can gauge by looking at past power bills. Your overall cost can increase by around $3,330 for each additional kilowatt you need.The kind of solar panels and equipment you get is another factor that will greatly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that’s in your budget.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That’s why many Garland homeowners choose to finance their solar panel systems to offset upfront costs.You’ll have to consider the long-term cost of financing options, including the total 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 above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The last major cost factor you should consider is the installer you choose. Given the massive popularity of renewable energy solutions in Garland, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.Some companies 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 go with 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 | $13,934 | 12.8 years |
| 8 kW | $3.40 | $19,021 | $18,952 | 12.5 years |
| 10 kW | $3.33 | $23,310 | $24,156 | 12.3 years |
| 12 kW | $3.26 | $27,413 | $29,547 | 12.0 years |
| 14 kW | $3.20 | $31,329 | $35,124 | 11.8 years |
| 16 kW | $3.13 | $35,058 | $40,887 | 11.5 years |
| 18 kW | $3.06 | $38,601 | $46,838 | 11.3 years |
| 20 kW | $3.00 | $41,958 | $52,974 | 11.0 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Garland, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Different companies will carry different brands and types of panels. If you know you want a specific brand, make sure the solar company you’re considering has it.
- Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for a long time and save you money on repairs and maintenance.
- Installation Process: An important thing to understand when going solar 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 how long the project will take.
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 Garland, TX Solar Cost FAQs
How much does it cost to install solar panels in Garland?
This is a hard question to answer precisely, because the cost depends on a variety of factors. Generally 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 higher quality panels, or if you have above-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Garland?
Solar panels aren’t free in Garland, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How will installing solar panels impact my property value?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.