Solar Panel Cost Guide in Tulia, TX (2024 Update)
- Tulia Solar Installation Cost: $16,651
- 25-Year Savings: $30,970
- Payback Period: 9.4 Years
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Average Cost of Solar Panels in Tulia
Let’s take a look at the average cost of solar 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 costs of a typical home in Tulia, the average price of going solar will be about $16,651 after claiming the federal solar tax credit of 0.
The actual price you pay can go higher or lower than the average in Tulia depending on several factors, such as the model of solar panels you choose and the solar installer you hire.Despite the high upfront cost, the average Tulia homeowner can save around $24,000 on their power bills over 20 years, which is one of the benefits of solar.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Tulia
| Year | Return on Investment |
|---|---|
| 1 years | $-15,335 |
| 3 years | $-12,702 |
| 5 years | $-10,070 |
| 7 years | $-7,438 |
| 9 years | $-4,805 |
| 11 years | $-2,173 |
| 13 years | $460 |
| 15 years | $3,092 |
| 17 years | $5,724 |
| 19 years | $8,357 |
| 21 years | $10,989 |
| 23 years | $13,622 |
| 25 years | $16,254 |
Top Solar Installers in Tulia
When switching to solar energy, many homeowners decide to hire a solar company since installing a solar system yourself can be a challenging project. Solar installers provide key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best National Provider
SunPower
- 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
- 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 Tulia
Factors that Affect Solar Panel Costs in Tulia
For many Tulia homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Tulia, with typical prices between $20,000 to $40,000. There are several factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,330. The brand of solar panels and equipment you want is another factor that will largely impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Furthermore, solar equipment consists of more than just the solar panels themselves. You’ll also need to think about 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 into a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are available from most installers in Tulia, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you’re only able to 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 finding a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar company you go with to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout Tulia, and each can charge varying amounts for labor and equipment.Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and find a company that has the products, warranties and services you want and also fits 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 | $22,766 | 9.7 years |
| 8 kW | $3.40 | $19,021 | $30,727 | 9.6 years |
| 10 kW | $3.33 | $23,310 | $38,875 | 9.4 years |
| 12 kW | $3.26 | $27,413 | $47,209 | 9.2 years |
| 14 kW | $3.20 | $31,329 | $55,730 | 9.0 years |
| 16 kW | $3.13 | $35,058 | $64,438 | 8.8 years |
| 18 kW | $3.06 | $38,601 | $73,332 | 8.6 years |
| 20 kW | $3.00 | $41,958 | $82,412 | 8.4 years |
How to Save on Solar Panels
There are numerous companies available in Tulia, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Installation Process: Make sure you’re on the same page with the installer regarding how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Contract: When looking over your solar installer’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios like a system component breaking or the company going out of business.
Best National Provider
SunPower
- 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
- 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 Tulia, TX Solar Cost FAQs
What is the average cost of installing solar panels in Tulia?
The average cost of solar panels in Tulia is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the real cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Tulia?
You can’t get solar panels for free in Tulia. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
How much can I save on energy bills after installing solar panels?
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 $1,243.70 per year.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and the average daily 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 install 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.