Solar Panel Cost Guide in Tulia, TX (Sep 2022)

  • Tulia Solar Installation Cost: $13,445
  • 25-Year Savings: $30,976
  • Payback Period: 7.6 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Tulia

Find out what the average cost of installing solar panels is in Tulia.

In Tulia, solar panels cost about $3 per watt on average. Since a 7.1-kW system is needed to cover the energy consumption of a typical home in Tulia, the average price of going solar will be about $13,445 before claiming the federal solar tax credit of 30%.

The prices above are just estimates to give you an idea of how much solar panels could cost. The exact cost of going solar can vary depending on several factors, such as how many panels you need, your energy usage and what company you go with. With average savings of about $24,000 on energy bills over 20 years, many homeowners in Tulia find investing in solar has a decent ROI.

You can click the button below to get connected with a pre-vetted solar installer in Tulia for a quote for your home.

Solar savings over time in Tulia

Year Return on Investment
1 years $-11,668
3 years $-8,114
5 years $-4,560
7 years $-1,007
9 years $2,547
11 years $6,101
13 years $9,654
15 years $13,208
17 years $16,762
19 years $20,315
21 years $23,869
23 years $27,423
25 years $30,976

Top Solar Installers in Tulia

When making the switch to solar, many homeowners choose to hire a solar company since handling can be a time-consuming project. Companies can also provide access to quality options of the best solar panels and help you decide which one will be best for your family.

There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Tulia

Factors that Affect Solar Panel Costs in Tulia

Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that will push your cost above or below the average in Tulia: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.

Solar Equipment Size

One of the most significant factors to consider when it comes to the cost of installing solar panels 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 pay around $2,690 per kilowatt in Tulia. The type of solar panels and equipment you choose is another factor that will substantially impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment is more than just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that falls within your budget.

Solar Financing Terms

Most solar companies in Tulia have solar loans, which reduce your upfront costs of installing a solar system. While solar loans make switching to solar energy more accessible for Tulia homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

A final consideration when trying to evaluate the cost of solar for your home or business in Tulia is the company you choose to install your solar panel system. As with choosing a company to install new cabinets, for instance, there's no shortage of solar installers that provide a range of services at different costs. Additionally, some companies in Tulia know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.

Solar Panel Cost Data by System Size

System size Cost per system watt Solar system cost 25-Year savings Payback period
6 kW $2.80 $11,750 $25,561 7.9 years
8 kW $2.74 $15,365 $34,383 7.7 years
10 kW $2.69 $18,830 $43,355 7.6 years
12 kW $2.64 $22,144 $52,478 7.4 years
14 kW $2.58 $25,308 $61,751 7.3 years
16 kW $2.53 $28,320 $71,176 7.1 years
18 kW $2.47 $31,182 $80,750 7.0 years
20 kW $2.42 $33,894 $90,476 6.8 years

Solar Incentives in Tulia

Name Renewable Energy Systems Property Tax Exemption
Incentive Amount 100%
Website Visit here
More Info Click here

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

Name Xcel Energy - Residential and Hard-to-Reach Standard Offer Program
Incentive Amount Residential: $358/kW + $115/kWh
Hard-to-Reach: $420/kW + $0.135/kWh
Incentive Max Residential: $650/kW of peak summer demand savings
Load Factor Caps:
Residential: $820/kW saved
Hard-To-Reach: $1,000/kW saved
Website Visit here
More Info Click here

How to Save on Solar Panels

The solar installer you choose will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should take into account, such as:

  • Warranty: If you're concerned about the endurance of your solar panel system, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
  • Solar Panel Brands: The kind of solar panel you want to install plays a part in which company you should opt for, since different companies have access to different panels.
  • Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. Two 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 satisfied reviews from past customers.
  • Contract: Before signing a contract with a solar installer, make sure to look it over fully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Tulia, TX Solar Cost FAQs

How much does it cost to install solar panels in Tulia?

This is a tough question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $13,450 for a 5-kW system and $26,900 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you want a smaller solar panel system or cheaper solar panels.

Is cost the most important thing to think about when buying solar panels?

The initial cost is a crucial factor to consider, but whether it's the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.

Can you sell solar power back to the grid in Tulia?

Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future utility bills.

How often do you have to replace solar panels?

On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.

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.

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