Solar Panel Cost Guide in Alice, TX (2024 Update)
- Alice Solar Installation Cost: $16,883
- 25-Year Savings: $26,431
- Payback Period: 11.3 Years
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Average Cost of Solar Panels in Alice
We go over average solar pricing in Alice.
Although the national average of solar panels is $2.66 per watt, solar panels in Alice typically cost around 3.The average solar panel system size in Alice is around 7.2 kilowatts, meaning a cost of about $16,883 for a solar installation, or $24,143 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Alice homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Even with the significant upfront cost, the average Alice homeowner can save about $20,000 on their power bills over 20 years, which is one of the perks of solar.
Click the button below to get connected to a vetted solar installer in Alice for a customized quote.
Solar savings over time in Alice
| Year | Return on Investment |
|---|---|
| 1 years | $-15,150 |
| 3 years | $-11,685 |
| 5 years | $-8,220 |
| 7 years | $-4,755 |
| 9 years | $-1,290 |
| 11 years | $2,175 |
| 13 years | $5,640 |
| 15 years | $9,106 |
| 17 years | $12,571 |
| 19 years | $16,036 |
| 21 years | $19,501 |
| 23 years | $22,966 |
| 25 years | $26,431 |
Top Solar Installers in Alice
Although it's possible to install solar panels on your own, it takes extra time and expertise. That's why most people choose to hire a solar panel installer. Another advantage of going with a solar company is that they can help you maximize your ROI by lowering your future costs of repairs and replacements due to warranties and giving you information on local incentives you can take advantage of.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some near you:
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Alice
Factors that Affect Solar Panel Costs in Alice
Even though the average cost of a solar system in Alice is $16,883, your actual cost may be above or below the average. There are quite a few factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your power bills. Additionally, extra products, like solar batteries, can bring your total well above the Alice average.
Solar Financing Terms
Most solar installers in Alice provide solar loans, which reduce the initial cost of installing solar.However, the interest on solar loans also increases your total costs, so it’s crucial to take that into consideration as well. You can always reduce the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The remaining major cost factor you should take into consideration is the installer you choose. Given the massive popularity of clean energy solutions in Alice, you’ll have a great number of options to choose from, but each comes at various price points for labor and equipment.Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and go with the company that provides the products, warranties and services you’re looking for and also is within your budget.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.46 | $14,545 | $16,456 | 11.7 years |
| 8 kW | $3.40 | $19,021 | $22,314 | 11.5 years |
| 10 kW | $3.33 | $23,310 | $28,359 | 11.3 years |
| 12 kW | $3.26 | $27,413 | $34,590 | 11.1 years |
| 14 kW | $3.20 | $31,329 | $41,008 | 10.8 years |
| 16 kW | $3.13 | $35,058 | $47,612 | 10.6 years |
| 18 kW | $3.06 | $38,601 | $54,402 | 10.4 years |
| 20 kW | $3.00 | $41,958 | $61,379 | 10.2 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose has an impact on your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- 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.
- Contract: Even though reading through a contract can take a lot of time, it’s important to do it fully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Solar Panel Brands: Different companies will offer different brands and kinds of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Alice, TX Solar Cost FAQs
How much does it cost to install solar panels in Alice?
The average cost of solar panels in Alice is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the actual cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels eliminate my power bills?
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 $1,033.37 per year.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.