Solar Energy Farmers Branch, TX
Are you looking for affordable solar panel installers in Farmers Branch, TX? We've got your back.
In the first half of 2020, Farmers Branch City Council approved 3 major solar programs. There are plans to install solar panels on the roofs of Manske Library, new Fire Station No. 2, and Community Recreation Center. The project, which will cost slightly above $1 million, has a payback period of around 9 years after solar rebates from Oncor.
According to Project Sunroof data explorer (November 2018), Farmers Branch has more than 80% solar eligibility. The current installations in the city are less than 50. There are several solar panel installation companies in Farmers Branch, TX. Dynamic SLR stands out as the most reliable in solar installation for commercial and residential properties.
We have a team of professional and experienced solar installers. As a locally-based company, we understand all the dynamics of your neighborhood. You can count on us for quality solar panels from our suppliers. As a quality guarantee, we give long term warranties. For years we have maintained a good reputation, which is evident from our customer reviews. Once we sign an agreement, we start the process of installation immediately.
Solar Panels Cost in Farmers Branch
The average cost of solar panels in Farmers Branch, TX, is $2.8 per watt. For large commercial solar panel installation projects, the rates could be lower. Most homes in the city can rely on a 6 kW solar panel system throughout the year. Therefore, the average price of a solar panel system in Farmers Branch is $16,800.
2.8 × 6,000 = $16,800
You can apply for solar incentives from the federal government to reduce the cost of installation. The authorities of 26% ITC, but the rate will drop to 22% in 2021. After 2022, only commercial solar installation will get 10% incentives for solar panel installation. The net cost of the 6 kW solar panel system is around $12,432 after the deductions. Take advantage of the government ITC and reduce the cost to install solar panels in Farmers Branch, TX.
16,800 × 74% = $12,432
You can also apply for solar rebates from your utility companies. However, Texas does not have statewide solar incentives. Solar financing also comes in handy to help you foot the initial installation cost. The interest rate for solar financing is always lower than ordinary loans.
Depending on the option you choose between a grid-tied and off-grid solar panel system, the cost can be higher or lower. Off-grid solar panel system requires storage batteries which can increase the cost of the project.
Solar Savings in Farmers Branch
On average, you pay the utility company $1,500 every year. For a commercial building, the electricity bill could be even 10 times higher. You can go solar in Farmers Branch and say goodbye to the hefty electricity bills. Cumulatively, the amount you spend on energy bills for 9 years can help you install solar panels.
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 |
Solar panels can last for up to 30 years. Therefore, you will enjoy free energy for more than 20 years. Solar panels require occasional maintenance, which is DIY-friendly, thus no additional cost.
After a decade, the solar panel system can reduce its capacity by 20%. You can add more panels to boost the capacity. During cloudy days, solar panels can retain a capacity of up to 25%, which is enough to sustain a home. You can use the net-metering system or storage batteries to cater for limited solar supply periods.
Why Go Solar in Farmers Branch?
Solar power has diverse applications beyond the obvious. Plants and animals also rely on energy from the sun for their survival. The environment gains a lot from the installation of solar panels. First, it reduces the carbon footprint of the home. Farmers Branch has the potential of reducing carbon dioxide by 188,000 metric tons through solar installation. This would be equivalent to growing over 4 million trees in a decade.
As the world looks for ways to reduce the current carbon footprint from 4 to 2 metric tons, solar energy can be a significant contributor. If this is not achieved, the earth faces a probable 2°C increase in temperature by 2050.
According to EESI, the solar energy industry has over 242,000 direct employees. Globally, the sector employs over 11 million people. Projections show that solar power will be the primary source of energy by 2050. Consequently, the industry will employ more people in the future. Solar energy has also spurred innovation in various sectors, like transport.
When the social and environmental aspects are elevated, they contribute to social well-being.