Solar Panel Cost Guide in Tice, FL (2023 Update)
- Tice Solar Installation Cost: $9,461
- 25-Year Savings: $19,299
- Payback Period: 8.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Tice
Let's have a look at the average cost of solar in Tice.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Tice, the typical cost of solar panels is 2.53 per watt. The average solar panel system size in Tice is around 5.3 kilowatts, meaning a cost of about $9,457 for a solar installation, or $13,524 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll pay for solar may look quite different based on your household energy consumption, the type of equipment you want to get, your solar contractor and more. Despite the large upfront cost, the average Tice homeowner can save about $20,000 on their energy bills over 20 years, which is one of the advantages of solar.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Tice
| Year | Return on Investment |
|---|---|
| 1 years | $-9,365 |
| 3 years | $-9,173 |
| 5 years | $-8,982 |
| 7 years | $-8,790 |
| 9 years | $-8,598 |
| 11 years | $-8,406 |
| 13 years | $-8,215 |
| 15 years | $-8,023 |
| 17 years | $-7,831 |
| 19 years | $-7,639 |
| 21 years | $-7,448 |
| 23 years | $-7,256 |
| 25 years | $-7,064 |
Top Solar Installers in Tice
When switching to solar energy, many homeowners prefer to hire a solar installer since overseeing your solar installation yourself can be a difficult project. In addition, if you'd like to maximize your investment in solar energy, going with a solar installer can help with that too. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives.
Working with a vetted solar company can make going solar easier. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Tice
Factors that Affect Solar Panel Costs in Tice
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few major factors that determine your overall cost in Tice: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to spend around $2,530 per kilowatt in Tice. There are a lot of different solar panel brands and the one you pick also affects the cost. Typically, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are available from most installers in Tice, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar installer you pick will impact your total cost to go solar. Different companies will charge different amounts for the equipment and labor. The size of the company can sometimes play the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.63 | $11,051 | $21,250 | 8.6 years |
| 8 kW | $2.58 | $14,451 | $28,617 | 8.4 years |
| 10 kW | $2.53 | $17,710 | $36,126 | 8.2 years |
| 12 kW | $2.48 | $20,827 | $43,776 | 8.1 years |
| 14 kW | $2.43 | $23,802 | $51,568 | 7.9 years |
| 16 kW | $2.38 | $26,636 | $59,501 | 7.7 years |
| 18 kW | $2.33 | $29,328 | $67,576 | 7.6 years |
| 20 kW | $2.28 | $31,878 | $75,793 | 7.4 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: The brand of solar panel you'd like plays a part in which company you should choose, since different companies offer different panels.
- Contract: It's important to read your solar installer's contract closely to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Your solar installer should have a sound reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Tice, FL Solar Cost FAQs
What is the average cost of installing solar panels in Tice?
The average cost of solar panels in Tice is about $12,650 for a 5-kW system and $25,300 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on power bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,076.71 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.