Solar Panel Cost Guide in Pine Level, AL (2024 Update)
- Pine Level Solar Installation Cost: $21,615
- 25-Year Savings: $35,727
- Payback Period: 10.6 Years
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Average Cost of Solar Panels in Pine Level
Let’s have a look at the average cost of solar panels in Pine Level.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Pine Level, the average cost of a solar system is 3 per watt.Since a 8.8-kW system is needed to cover the energy costs of a typical home in Pine Level, the average price of going solar will be about $21,615 after claiming the federal solar tax credit of 0.
Remember that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy needs, the type of equipment you want, your solar contractor and more.But, once you've paid the upfront cost of installation, the return on investment for most homeowners is typically good, with a net average savings of about $22,000 over 20 years on electricity bills.
Click the button below to get connected to a top solar installer in your area for a customized quote.
Solar savings over time in Pine Level
Year | Return on Investment |
---|---|
1 years | $-19,767 |
3 years | $-16,072 |
5 years | $-12,377 |
7 years | $-8,682 |
9 years | $-4,987 |
11 years | $-1,292 |
13 years | $2,404 |
15 years | $6,099 |
17 years | $9,794 |
19 years | $13,489 |
21 years | $17,184 |
23 years | $20,879 |
25 years | $24,575 |
Top Solar Installers in Pine Level
When making the switch to solar, many homeowners prefer to hire a solar company since handling can be a challenging project. A solar installer can also help save you money over the lifespan of your system by offering warranties, repairs and system component replacements.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
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 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 Pine Level
Factors that Affect Solar Panel Costs in Pine Level
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that determine your overall cost in Pine Level: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
The size of the solar system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,490. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Pine Level, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are offered by most installers in Pine Level, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable.However, the interest on solar loans also increases your all-in costs, so it’s important to include that in your estimate as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Pine Level is the company you hire to install your solar system. As with choosing a company to renovate your kitchen, for instance, you’ll have no shortage of solar installers that provide a range of services for different budgets.Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
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 | $19,274 | 11.0 years |
8 kW | $3.56 | $19,935 | $26,089 | 10.8 years |
10 kW | $3.49 | $24,430 | $33,100 | 10.6 years |
12 kW | $3.42 | $28,730 | $40,306 | 10.4 years |
14 kW | $3.35 | $32,834 | $47,708 | 10.2 years |
16 kW | $3.28 | $36,743 | $55,305 | 10.0 years |
18 kW | $3.21 | $40,456 | $63,098 | 9.8 years |
20 kW | $3.14 | $43,974 | $71,086 | 9.6 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a tough decision, we have some tips to help you, such as:
- 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: Your solar installer should have a good 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 positive reviews from past customers.
- Installation Process: Get details from your solar installer about the installation process and what to expect, including when the site survey will be done and how long it will take.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
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 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 Pine Level, AL Solar Cost FAQs
What is the average cost of installing solar panels in Pine Level?
This is a tough question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $17,450 for a 5-kW system and $34,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Pine Level?
You can’t get solar panels for free in Pine Level. 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.
Is going solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.
How long do solar panels last in Pine Level?
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 higher amount 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.