Best 3 Solar Companies in Laredo, TX

How To Choose the Best Solar Company in Laredo

The more informed your company research is, the better your solar installation will ultimately function. Make your choice based on the following crucial aspects.

Licensing and Training

All solar contractors in Texas must have a state electrical contractors' license from the Texas Department of Licensing and Regulation. The Texas State Board of Plumbing Examiners regulates plumbing regulations and licensing standards for solar thermal installers. Check a company's website for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), among the solar sector's most trusted trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.

Cost of Solar Panels in Laredo

Your solar panels' model will influence how much power you can produce. Monocrystalline panels are among the highest quality and perform the best but cost the most. Polycrystalline panels offer you a budget panel with a traditional design, but at the cost of less power generation. Thin-film panels have a low cost and are excellent for non-traditional roofs, but aren't recommended for large home installations.

If you want to charge an electric car or use your solar power in inclement weather, you can pay extra for add-ons. By selecting the right components, you can make your system more efficient and convenient to use. Not every solar provider provides these extras, so look for a company that sells them if it's a priority for you.

Generally speaking, it costs about $16,650 for a five-kilowatt solar array in Laredo. This table displays more specific costs for different solar panel types and system components in your area.

Financing Solar Energy in Laredo

There are various ways to pay for a solar energy system, and the right one will reduce your expenses. A few of the most common options include cash payments, leases, power purchase agreements (PPAs), and loans. Most solar experts recommend paying cash or using a solar loan. Cash payments demand a large up-front sum, but they help you avoid paying interest, grant you system ownership, and qualify you for cost-saving solar incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Like a car or home loan, you'll pay a set monthly rate with as little as $0 down. Solar leases allow you to pay a monthly rate to rent your panels, while a PPA lets you pay a fluctuating rate based on only the energy you use. We generally advise against these options since you will not have ownership of your system and are disqualified from solar incentives, but they might be appropriate in particular circumstances. Look for installers that offer several payment plans to find the right fit for your budget.

The table below lists the average payback periods for different capacities of solar systems in Laredo.

You are eligible for a 26% federal solar tax credit for new solar energy equipment until the year 2032. Local and state governments and utility companies might also offer rebates, discounts, and dedicated financing plans that could save you more.