Solar Panel Cost Guide in Harvest, AL (2024 Update)
- Harvest Solar Installation Cost: $23,035
- 25-Year Savings: $9,462
- Payback Period: 22.5 Years
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Average Cost of Solar Panels in Harvest
Find out what the average cost of a solar system is in Harvest.
The average cost of solar panels in Harvest is 3 per watt.To cover the typical energy needs of the average home in Harvest, most homeowners require a 9.4-kilowatt system. Using the per-watt figure above, a solar installation costs around $23,035, or $32,940 before the federal solar tax credit of 0 is applied.
These figures are only estimates, and how much solar costs for you will most likely look different based on the amount of energy your home requires and what company you choose to go with.For most homeowners, the upfront investment in solar power is worth paying. On average you could be looking at about $11,000 in savings on utility bills over 20 years.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Harvest
| Year | Return on Investment |
|---|---|
| 1 years | $-21,678 |
| 3 years | $-18,965 |
| 5 years | $-16,252 |
| 7 years | $-13,540 |
| 9 years | $-10,827 |
| 11 years | $-8,114 |
| 13 years | $-5,401 |
| 15 years | $-2,688 |
| 17 years | $25 |
| 19 years | $2,738 |
| 21 years | $5,450 |
| 23 years | $8,163 |
| 25 years | $10,876 |
Top Solar Installers in Harvest
Although it's possible to install solar panels by yourself, it takes extra time and knowledge. That's one of the reasons the majority of homeowners choose to hire a solar panel installer. A solar installer can also help save you money over time by offering warranties, repairs and system component replacements.
Working with a vetted solar installer can help you make the most of your investment in solar. Here are our recommendations:
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Harvest
Factors that Affect Solar Panel Costs in Harvest
The cost of installing a solar system in Harvest can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the price of a solar system in Harvest, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can determine by looking at past power bills. Your total cost can increase by around $3,490 for each additional kilowatt you need.There are many different solar panel brands and the one you choose also affects the cost. In many cases, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you’re looking to get can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That’s why many Harvest homeowners decide to finance their solar panel systems to make going solar more affordable.It’s wise to add the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
The solar company you go with to handle your switch to clean energy can play a part in your total costs. There are about 3 solar installation companies in Harvest, and each can charge different amounts for labor and equipment.Additionally, some companies in Harvest have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. 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 | $3.63 | $15,244 | $1,067 | 23.4 years |
| 8 kW | $3.56 | $19,935 | $1,813 | 22.9 years |
| 10 kW | $3.49 | $24,430 | $2,755 | 22.5 years |
| 12 kW | $3.42 | $28,730 | $3,892 | 22.0 years |
| 14 kW | $3.35 | $32,834 | $5,225 | 21.6 years |
| 16 kW | $3.28 | $36,743 | $6,753 | 21.1 years |
| 18 kW | $3.21 | $40,456 | $8,477 | 20.7 years |
| 20 kW | $3.14 | $43,974 | $10,396 | 20.2 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project timeline.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you choose.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Harvest, AL Solar Cost FAQs
What is the average cost of installing solar panels in Harvest?
This is a difficult question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $17,450 for a 5-kW system and $34,900 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Are solar panels free in Harvest?
You can’t get solar panels for free in Harvest. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Do solar panels increase your property value?
Solar panels can increase your home value considerably as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How long do solar panels last in Harvest?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger 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.