Solar Panel Cost Guide in Tallassee, AL (2024 Update)
- Tallassee Solar Installation Cost: $21,662
- 25-Year Savings: $34,670
- Payback Period: 10.9 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Tallassee
Let’s take a look at the average cost of solar in Tallassee.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Tallassee, the typical cost of solar panels is 3 per watt.Using this figure, a typical 8.9-kW system would cost about $21,662 before the 0 federal solar tax credit is applied.
These figures are only estimates, and how much solar costs for you may vary based on your specific situation and what company you choose to go with.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Tallassee can save around $21,000 on their power bills over 20 years.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Tallassee
| Year | Return on Investment |
|---|---|
| 1 years | $-19,815 |
| 3 years | $-16,120 |
| 5 years | $-12,424 |
| 7 years | $-8,729 |
| 9 years | $-5,034 |
| 11 years | $-1,339 |
| 13 years | $2,356 |
| 15 years | $6,051 |
| 17 years | $9,747 |
| 19 years | $13,442 |
| 21 years | $17,137 |
| 23 years | $20,832 |
| 25 years | $24,527 |
Top Solar Installers in Tallassee
Although you can install solar panels on your own, it requires extra energy and handiness. Because of that, most homeowners choose to hire a solar panel installer. The expertise that solar installers offer can be helpful as well, particularly if you don’t quite know what type of solar equipment you need.
If you’d like to go solar but still aren’t sure which solar panel installer to go with, here are our suggestions for providers near you:
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 Tallassee
Factors that Affect Solar Panel Costs in Tallassee
The cost of installing a solar system in Tallassee can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,490. The brand of solar panels and equipment you want is another factor that will substantially affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Furthermore, solar equipment goes beyond 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 falls within your budget.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are a solid option because they cut back your upfront costs and let you pay for your system over a term of, on average, between five and seven years.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar installer you go with to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies operating in Tallassee, 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’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 | $3.63 | $15,244 | $18,505 | 11.3 years |
| 8 kW | $3.56 | $19,935 | $25,064 | 11.1 years |
| 10 kW | $3.49 | $24,430 | $31,819 | 10.9 years |
| 12 kW | $3.42 | $28,730 | $38,769 | 10.6 years |
| 14 kW | $3.35 | $32,834 | $45,915 | 10.4 years |
| 16 kW | $3.28 | $36,743 | $53,256 | 10.2 years |
| 18 kW | $3.21 | $40,456 | $60,792 | 10.0 years |
| 20 kW | $3.14 | $43,974 | $68,524 | 9.8 years |
How to Save on Solar Panels
The solar company you choose will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, 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.
- Solar Panel Brands: Different companies will offer different brands and types of panels. If you know you want a specific brand, make sure the solar panel company you’re considering has it.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Contract: Even though reading through a contract can be tedious, it’s important to do it thoroughly so you can make sure you understand what services your solar company will provide and the terms of the warranty.
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 Tallassee, AL Solar Cost FAQs
What is the average cost of installing solar panels in Tallassee?
This is a tough question to answer precisely, because the cost depends on a few different 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. It will cost more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Tallassee?
Leasing solar panels can be an option if you can’t pay upfront or get a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Do solar panels increase your home value?
Solar panels can increase your home value remarkably 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 a solar system."
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 decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger 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.