Solar Panel Cost Guide in Tarrant, AL (2024 Update)
- Tarrant Solar Installation Cost: $22,260
- 25-Year Savings: $33,519
- Payback Period: 11.3 Years
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Average Cost of Solar Panels in Tarrant
Here’s how much it might cost to install solar panels in Tarrant.
The average cost of a solar system in Tarrant is 3 per watt.The average solar panel system size in Tarrant is around 9.1 kilowatts, meaning a cost of about $22,260 for a solar installation, or $31,832 before the 0 federal solar tax credit is applied.
The actual price you pay can go above or below the average in Tarrant depending on a few factors, such as the model of solar panels you choose and the solar installer you hire.Many homeowners find adopting solar power is a sound investment. The average homeowner in Tarrant can save around $20,000 on their energy bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Tarrant that can help you get a more accurate cost estimate for your home.
Solar savings over time in Tarrant
| Year | Return on Investment |
|---|---|
| 1 years | $-20,413 |
| 3 years | $-16,718 |
| 5 years | $-13,022 |
| 7 years | $-9,327 |
| 9 years | $-5,632 |
| 11 years | $-1,937 |
| 13 years | $1,758 |
| 15 years | $5,453 |
| 17 years | $9,148 |
| 19 years | $12,844 |
| 21 years | $16,539 |
| 23 years | $20,234 |
| 25 years | $23,929 |
Top Solar Installers in Tarrant
Many homeowners opt for a solar installer since figuring out how to install solar panels by yourself can be a labor-intensive endeavor. The expertise that solar installers provide can be invaluable as well, particularly if you don’t quite know what kind of solar equipment you need.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some in Tarrant:
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 Tarrant
Factors that Affect Solar Panel Costs in Tarrant
While the average cost of a solar system in Tarrant is $22,260, your actual cost may be above or below the average. There are quite a few factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.
Solar Equipment
One of the most important 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 power your household uses, the larger your system will likely need to be. You can expect to pay about $3,490 per kilowatt in Tarrant.The type of solar panels and equipment you get is another factor that will substantially affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Further, 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 searching for a solar system that falls within your budget.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are a solid route because they cut back your upfront costs and allow you to pay for your system over five to seven years on average.When estimating your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The last key cost factor you should keep in mind is the installer you choose. Given the massive popularity of clean energy solutions in Tarrant, you’ll have lots of options to choose from, but each comes at varying price points for labor and equipment.The company’s size can sometimes play the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $17,117 | 11.8 years |
| 8 kW | $3.56 | $19,935 | $23,214 | 11.6 years |
| 10 kW | $3.49 | $24,430 | $29,506 | 11.3 years |
| 12 kW | $3.42 | $28,730 | $35,994 | 11.1 years |
| 14 kW | $3.35 | $32,834 | $42,677 | 10.9 years |
| 16 kW | $3.28 | $36,743 | $49,555 | 10.6 years |
| 18 kW | $3.21 | $40,456 | $56,629 | 10.4 years |
| 20 kW | $3.14 | $43,974 | $63,898 | 10.2 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: The kind of solar panel you need to install plays a part in which company you should choose, since different companies have different panels.
- Warranty: Companies typically offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: When going solar, it’s essential to maintain an open line of communication with your solar company. See to it that you understand how the installation process will go and the completion timeline.
- Contract: It’s important to read your solar installer’s contract well to understand what services they will provide, what the warranty covers and what you can expect about your solar system’s energy production.
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 Tarrant, AL Solar Cost FAQs
How much does it cost to install solar panels in Tarrant?
The average cost of solar panels in Tarrant is about $17,450 for a 5-kW system and $34,900 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Tarrant?
You can’t get solar panels for free in Tarrant. 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’d prefer to own your solar panels, you can finance them with a solar loan.
How will having solar panels impact the value of my home?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Tarrant is currently $68,926, so you can look forward to a value of about $2,826 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Tarrant is a fruitful investment.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using them at a lower efficiency.
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.