Solar Energy Duncanville, TX
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The weather of Duncanville is ideal for solar installation to gain control over utility bills. However, according to Project Sunroof data explorer (November 2018), the city has less than 50 solar installations. Duncanville has a high potential for solar energy, considering close to 90% of the city’s roofs are eligible.
There are several solar panel installers in Duncanville and choosing the best can prove a hard nut to crack. You can count on Dynamic SLR for solar installation and quality solar products. We have got your back when looking for durable solar panel systems in Duncanville, TX. Our company guarantees durability for up to 30 years or even more.
Why do we stand out? We have professional installers and responsive customer service to serve you. Reviews from our previous clients are also part of our story. We have helped commercial and residential buildings gain independence from electricity companies at affordable prices. As a locally-based company, we know all the dynamics of solar installation in Duncanville, TX. You can get a free solar quote from the comfort of your home. All we need is your address and estimated monthly bills.
Cost of Solar Panel in Duncanville, TX
The average cost of solar panels in Duncanville, TX, is $2.8 per watt. On average, homes in the city can rely on a 6 kW solar panel system throughout the year. You can use the two rates to calculate the estimated cost for solar installation for your residential property.
6,000 × 2.8 = 16,800
The federal government offers investment tax credit, which can help you reduce the cost. The current rate of ITC is 26%, but it will reduce to 22% in 2021. After 2022, commercial solar installations will retain a 10% investment tax credit while it will be scrapped off for residential property.
Solar Panel Capacity | Total Cost before ITC | Net Cost (Total Cost-ITC) |
4 kW | $11,200 | $8,288 |
5 kW | $14,000 | $10,360 |
6 kW | $16,800 | $12,432 |
7 kW | $19,600 | $14,504 |
8 kW | $22,400 | $16,576 |
9 kW | $25,200 | $18,648 |
10 kW | $28,000 | $20,720 |
Some of the factors that can affect the cost of solar panel installation include:
- Roof orientation and angle.
- Future plans.
- Current consumption.
- Weather conditions.
- Grid-tied or off-grid system.
Roof orientation and angle determine the direction of the panels from the sun. The solar panels should face south to be in maximum exposure to the sun. In case, you intend to expand your home or add high-power consuming gadgets, you can consider larger solar panels than your current consumption. Duncanville has a favorable climate for installation of solar energy. The off-grid solar system requires more capital to buy storage batteries.
Solar Savings in Duncanville
Every month, homes pay around $120 to cater for electricity bills. For commercial properties, the consumption could even be 10 times higher. Cumulatively, households spend $1,500 on utility bills every year or even more.
If we take the average solar panel system for homes, it will take around 8 years payback period. Solar panel systems can last for more than 3 decades. Therefore, after the payback period, you can enjoy free energy for more than 20 years. This fact answers the question: does solar energy make economic sense?
Year | Solar Savings | Cumulative Solar Savings (Savings-cost) |
1 | $1,500 | -$10,932 |
2 | $1,500 | -$9,432 |
3 | $1,500 | -$7,932 |
4 | $1,500 | -$6,432 |
5 | $1,500 | -$4,932 |
6 | $1,500 | -$3,432 |
7 | $1,500 | -$1,932 |
8 | $1,500 | -$432 |
9 | $1,500 | $1,068 |
Benefits of Solar Energy
Solar energy has several economic, social, and environmental benefits. First, solar power helps you to save on utility bills. You could save more than 1,500 every year if you install solar panels in Duncanville, TX. Considering that electricity rates have increased steadily over the years, you could save more in the future.
According to IRENA, the solar industry had over 11 million employees globally. The United States had over 240,000 people working in the sector. Projections show that that solar power will be the highest source of energy by 2050 at 34%. Consequently, more people will get jobs in the industry as traditional sources like coal face depletion.
The environment has a lot to gain from any renewable source of energy. Stats show that full potential solar installation in Duncanville would be equivalent to growing over 3 million trees for more than 10 years. Such a project would eliminate at least 124,000 metric tons of carbon dioxide. The world should reduce the current 4 metric tons per person yearly to 2 metric tons to avoid temperature increase by 2°C.