Solar Energy Galveston, TX
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Galveston, TX, has ideal climatic conditions to go solar with over 200 days of sunlight in a year. But Project Sunroof data explorer (November 2018) shows that the city has less than 50 solar installations, which is way below the 93% solar eligibility.
It is not easy to get the best solar panel installation company in Galveston, TX. But one solar panel installer stands out; Dynamic SLR. If you are searching for affordable solar energy installation services and quality panels, we’ve got you covered. We offer over 20 years of warranty as a quality guarantee of our products.
We have a team of professional solar panel installers near Galveston at your service. Once you fill the free solar quote request form, we swing to action to ensure you don’t pay the hefty utility bills anymore. Our customer reviews speak volumes about the services we offer and the products we supply. Whether you want to install solar energy for your commercial or residential property in Galveston, TX, we have the best deal. Our objective is to help you gain independence from the utility provider.
All we require to start are your address and electricity bill estimates. We use the address to locate your property and estimate the size of the roof. Roof orientation is also a crucial element in the determination of the solar panels that can sustain you.
Cost of Solar Panel in Galveston, TX
The cost of solar panels in Galveston, TX, is around $2.8 per watt. For our case, we will use a 6 kW solar panel system to estimate the cost. Considering the estimated price, the total cost of the system is $16,800.
6,000 × 2.8 = 16,800
You can apply for the federal government’s investment tax credit to cut the cost of the solar panel system. Currently, the rate of ITC is 26%; however, in 2021, it will reduce to 22%. After 2022, only commercial properties will retain a permanent 10% ITC.
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.
You can apply for solar panel financing in Galveston, TX if you meet the requirements. You can get solar loans, leases, or power purchase agreements. If you can foot the initial capital at once, you can use the cash payment option.
Solar Savings in Galveston
How much do you pay for electricity bills every month? Most homeowners in Galveston, TX, spend at least $120 for utility bills. Commercial properties part with more bucks, at times 10 times more, because of the high consumption. Yearly, the amount you spend on electricity could be more than $1,500 annually.
The payback period for a 6 kW solar panel system is around 8 years. Considering solar panels can last for more than 30 years, you enjoy 20 years of free energy from the sun after the payback period. If you ever wondered whether solar energy makes economic sense, there is no better answer.
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 |
The payback period may differ between grid-tied and off-grid solar panel system. The latter requires energy storage batteries which can increase the cost. Other aspects you should consider include maintenance, complimentary accessories like inverters and cables.
Benefits of Solar Energy
How does solar energy benefit the economy and the environment? First, solar power helps businesses and homes to save on utility bills. If you install solar panels in Galveston, TX, you could save up to $1,500 annually; commercial properties could save even 10 times more. Because the cost of conventional electricity keeps increasing, the amount you save in the future could be higher.
According to IRENA, over 11 million people are working in the solar energy industry globally. In the United States, the sector has created over 240,000 jobs. According to projections, solar power will be the primary source of energy. Consequently, the industry will create more jobs.
Solar power does a lot to conserve the environment as an alternative to non-renewable energy. Project Sunroof shows that if Galveston were to go solar to full potential, it would be equivalent to growing over 7 million trees for 10 years. This would also eliminate more than 285,000 metric tons of carbon dioxide from the atmosphere.
