Solar Panel Cost Guide in Adamsville, AL (2023 Update)
- Adamsville Solar Installation Cost: $15,627
- 25-Year Savings: $35,701
- Payback Period: 7.6 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Adamsville
We go over average solar pricing in Adamsville.
In Adamsville, solar panels cost about 2.45 per watt on average. The average solar panel system size in Adamsville is around 9.1 kilowatts, meaning a cost of about $15,624 for a solar installation, or $22,342 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The true cost of making the switch to solar can vary based on a few factors, such as what size system you need, your energy usage and what solar installer you go with. With typical savings of about $21,000 on power bills over 20 years, many homeowners in Adamsville find going solar has a decent ROI.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Adamsville
Year | Return on Investment |
---|---|
1 years | $-13,779 |
3 years | $-10,084 |
5 years | $-6,389 |
7 years | $-2,694 |
9 years | $1,001 |
11 years | $4,696 |
13 years | $8,392 |
15 years | $12,087 |
17 years | $15,782 |
19 years | $19,477 |
21 years | $23,172 |
23 years | $26,867 |
25 years | $30,562 |
Top Solar Installers in Adamsville
DIY solar panel installation is a possibility, but it's an undertaking that can be a pain. Using a solar panel installer can make your swap to solar power much easier. Also, companies with a high reputation that cost more upfront could actually save you money in the long term due to their warranties, repair services and expert design.
If you'd like to switch to solar energy but still aren't certain which solar panel company to go with, here are our suggestions for providers in Adamsville:
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 Adamsville
Factors that Affect Solar Panel Costs in Adamsville
There are many criteria that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay around $2,450 per kilowatt in Adamsville. The type of solar panels and equipment you want is another factor that will substantially influence costs. Solar panels that have higher efficiency, 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
Many homeowners find the average cost of solar in Adamsville to be too expensive, even if the investment pays off over time. Thankfully, almost every solar installer in the area offers financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also result in paying more over time due to interest. It's wise to factor the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The last significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of renewable energy solutions in Adamsville, you'll have plenty of options to choose from, but each comes at varying price points for labor and equipment. Larger national companies typically have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional 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 | $2.55 | $10,702 | $23,096 | 7.9 years |
8 kW | $2.50 | $13,994 | $31,070 | 7.8 years |
10 kW | $2.45 | $17,150 | $39,180 | 7.6 years |
12 kW | $2.40 | $20,168 | $47,428 | 7.5 years |
14 kW | $2.35 | $23,050 | $55,812 | 7.3 years |
16 kW | $2.30 | $25,794 | $64,334 | 7.2 years |
18 kW | $2.25 | $28,400 | $72,994 | 7.0 years |
20 kW | $2.21 | $30,870 | $81,790 | 6.9 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Installation Process: Make sure you're on the same page with the company regarding how the installation process will go and what needs to be done before your solar system is installed, such as updating your electrical system or roof.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to do the job well. Another way you can research your installer's reputation is by reading reviews.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you go with.
- Contract: When looking through your solar company'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 if the company goes out of business.
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 Adamsville, AL Solar Cost FAQs
How much does it cost to install solar panels in Adamsville?
The average cost of solar panels in Adamsville is about $12,250 for a 5-kW system and $24,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Adamsville?
Leasing solar panels can be an appealing choice, as it often comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better way to go if you want to get the most savings.
Is making the switch to solar worth it?
Solar panels can be a fruitful investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already fairly low, solar panels might not be for you.
How long do solar panels last in Adamsville?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can replace them once you've had 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.