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Best 3 Solar Companies in Laredo, TX

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Written By Max Peterson|Last Updated: April 18, 2024

Laredo homeowners are privileged to live in plentiful sunlight, both to bask in and use for energy. Many are hiring top solar installers to get panels on their roofs. With all the options to choose from in this concrete jungle, you might feel overwhelmed searching for a great installer. On this page, we'll show you Laredo's best solar installers and give insightful advice for your solar journey.

Best High-Efficiency System
4.8
  • Builds custom, high-efficiency solar systems suited to each home
  • Extensive coverage area throughout the country
  • Offers energy storage and EV charger add-ons
Most Reputable
4.4
  • Offers high-efficiency panels and storage options
  • Provides unique in-house financing options
  • Recognized as one of the most reputable solar companies
Best Solar Panel Leasing
4.4
  • Provides system monitoring
  • Offers diverse financing options for various budgets
  • Provides EV and solar battery solutions

Top Laredo Solar Companies

PEG Energy Logo

PEG Energy

4.4/5
Based on 155 customer reviews.

Services Offered

Panel InstallationBattery StorageCleaning And Maintenance

Highlights

  • Clear pricing policy
  • Free quotes
  • Informative resources
7913 Mcpherson Rd Unit 111, Laredo, TX 956-203-0669 pegenter.com
Erus Energy Logo

Erus Energy

4.4/5
Based on 81 customer reviews.

Services Offered

Panel InstallationSkilled RepairsFinancing AssistanceBattery Storage

Highlights

  • Reliable customer support
  • Prompt service delivery
  • Free quotes
502 W Calton Rd Ste 107, Laredo, TX 888-907-0067 erusenergy.com

Ranking Methodology

Our team has researched dozens of solar companies near Laredo, keeping in mind the following criteria:

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Facts about Laredo
Average Max Temp:86°F
Solar Payback Period:10.6 years
Average Daily Sunlight:68%
Homes Powered by Solar:9,733
Average Annual Energy Bill:$1,516
Solar Power per Capita Percentile:48.0%

Expert Tips By

This Old House empowers homeowners with the knowledge and tools they need to tackle various projects and navigate the complexities of homeownership.

Benefits of Solar Energy

Solar energy offers multiple advantages that will enhance your home for years to come.

  • Lowered energy bills: With solar energy systems, you generate power without paying the tacked-on costs of grid-tied power. You can eliminate your bills completely if you go off-grid. Plus, a significant amount of states have adopted net metering, which permit you to earn money by selling your unused energy back to the grid.
  • Reduced carbon footprint: Using solar is a surefire way to reduce your carbon footprint and home fossil fuel dependency.
  • Better energy independence: Solar panel systems can keep your home powered through emergencies and blackouts. You can use your solar energy anytime with optional battery storage.

What Solar Incentives Are Available to Laredo Homeowners?

Texas homeowners who go solar could qualify for rebates, reimbursements, special financing and tax credits. Here are just a few of the local incentive programs.

Incentive Type: Property Tax Incentive

Website: comptroller.texas.gov

Incentive Amount:

100%

Incentive Type: Rebate Program

Website: texasgasservice.com

Incentive Amount:

Free Equipment Program: Free appliance installation and weatherization services
Home Improvement (includes attic insulation, duct sealing, duct insulation, duct replacement, high-efficiency gas furnace, and Wi-Fi thermostat: Up to $1000
Solar Water Heater With Natural Gas Backup: $750
Tankless or Super High-efficiency Water Heater: $650
Furnace: $675
Furnace Tune-Up: $40
Natural Gas Dryer with moisture sensor: $225
Natural Gas Dryer Stub: $300

Incentive Type: Personal Tax Credit

Website: ecowatch.com

Incentive Amount:

30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.

How To Choose the Best Solar Company in Laredo

The more thorough your provider search is, the better your solar panels will ultimately work. Here are some essential aspects to bear in mind while shopping for a solar provider.

Licensing and Training

All solar installers 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. Solar installers can also earn accreditations from standards organizations and trade groups. The most prestigious ones in the industry come from the North American Board of Certified Energy Practitioners. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.

Cost of Solar Panels in Laredo

Your photovoltaic panels' model will affect how much power you can generate. Monocrystalline panels are among the highest quality and cost the most but perform the best. Polycrystalline panels generate less, but they're a great traditional option for low budgets. Thin-film panels are excellent for non-traditional roof shapes and cost the least, but don't work well for large residential installations.

If you need to charge an electric vehicle (EV) or use your solar power in dark weather, you can pay extra for accessories. By choosing the right components, you can make your panel array more efficient and user-friendly. Not every solar company includes these extras, so look for a contractor that sells them if it's essential for you.

If you're a resident of Laredo and are considering getting a five-kilowatt solar energy system, you could expect to pay about $16,650 for materials and labor. Find more information on specific component and solar panel costs in the table.

Solar Panel CostAverage Cost
Solar Monocrystalline$1,005
Solar Polycrystalline$784
Thin-Film$458
Solar Battery$643
Solar Home EV Charger$2,412

Financing Solar Energy in Laredo

Solar companies offer multiple different financing options to increase your savings and lower your costs. Though some providers offer unique payment plans, the most common are solar loans, cash payments, power purchase agreements (PPAs) and solar leases. We advise making a cash payment or using a solar loan for the highest return on investment (ROI). Cash payments require a hefty sum up-front, but you’ll pay the least long-term by avoiding interest. You’ll also own your system and can apply for solar panel incentives to reduce your total costs. Solar loans are another good option if you don’t want to make a big initial investment. You can pay for your system in installments while still benefiting from energy bill savings and solar incentives. However, you’ll pay more in total due to accruing interest. Solar leases let you rent your panels for a fixed monthly rate, while PPAs let you pay only for the energy you use, akin to an electric bill. Both options disqualify you for solar incentives and do not provide you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. Ask each business you're evaluating about the payment plans it offers. A team member can help you determine the best option 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. City and state officials and utility companies might also offer rebates, discounts, and specialized financing options that could save you more.

Solar System CapacityEstimated Payback period
1 kW2.1 years
2 kW4.2 years
5 kW10.6 years
10 kW21.2 years

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Frequently Asked Questions About Solar in Laredo

How much energy and money could I save per year by switching to solar?

On average, Laredo homeowners spend around $1,516 per year on electric bills. Once you repay your solar array, you could save $1,202.87 per kilowatt you produce.

Is solar energy common in Laredo?

Yes, solar energy is readily available in Laredo. A growing number of local homes generate or access solar power on-site or through utility grids, and Texas has about 10261 jobs forming its solar economy.

Should I expect a property value increase after adopting solar power?

Yes, solar panels will raise your property value. According to the National Renewable Energy Laboratory (NREL), for every dollar you save on energy bills, your home value increases by $20. So, if your panels save you $600 per year on energy costs, your property could appreciate $12,000.

What if I live in a rainy or heavily-wooded

Even if your property has high tree cover, you could still take advantage of solar energy. Your provider will maximize your system's performance by selecting the proper site for panels, installing a battery backup system, positioning them to capture the most sunlight throughout the year, and cleaning them regularly. This way, you can keep solar energy longer and utilize it as necessary.

Is solar panel installation a quick job?

Your solar job's duration will depend on its size and complexity, as well as Laredo's permit and inspection procedures. It could take a few weeks to a few months on average.

How do I care for my new solar system?

Solar panels don't require much upkeep to keep working properly. All you'll need to do is inspect and clean the panels every six months or as necessary in dusty seasons. Solar providers frequently offer maintenance packages to assist in your system's care.

What's the difference between a PPA and traditional financing?

A power purchase agreement (PPA) is a contract between you and your provider. They install, own, and maintain the panels, and you buy the generated electricity from them for 10–25 years. There will usually be options to extend the agreement and buy out early to own your system.

In contrast, solar loans can come from specialty lenders, installer, local banks and the government. You'll need to pass a credit check to qualify for most of them. While the upfront costs are more expensive, and you'll be responsible for maintenance, you'll also have complete ownership and can apply for many more benefits.

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