Solar Panel Cost Guide in Argo, AL (Sep 2022)

  • Argo Solar Installation Cost: $15,658
  • 25-Year Savings: $35,670
  • Payback Period: 7.6 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Argo

See how much it might cost to install solar panels in Argo.

In Argo, solar panels cost about $2 per watt on average. The average Argo homeowner needs a 9.1-kilowatt system, which would cost about $15,658, or $11,587 after the federal solar tax credit of 30% is applied.

These figures are just estimates, and the cost of going solar for you will most likely look different based on the amount of energy your home requires and what company you want to go with. With average savings of about $21,000 on energy bills over 20 years, many homeowners in Argo find going solar can be quite rewarding.

Click the button below to get connected to a highly rated solar installer in your area for a personalized estimate.

Solar savings over time in Argo

Year Return on Investment
1 years $-13,605
3 years $-9,499
5 years $-5,392
7 years $-1,286
9 years $2,820
11 years $6,926
13 years $11,032
15 years $15,139
17 years $19,245
19 years $23,351
21 years $27,457
23 years $31,564
25 years $35,670

Top Solar Installers in Argo

Many homeowners choose to use a solar panel company since installing solar panels on your own can be hard. Also, if you'd like to maximize your investment in solar power, going with a solar installer can help with that as well. Different providers can offer warranties, expertise on how to install solar panels and sometimes even information on local incentives and net metering programs.

You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some nearby:

Best National Provider

SunPower

★★★★★
5.0

  • 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

The Green Panel

★★★★★
4.5

  • 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 Argo

Factors that Affect Solar Panel Costs in Argo

For many Argo homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Argo, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you'll pay, which we'll go over below.

Solar Equipment Size

Size is one of the largest factors that determines the overall cost of installing solar panels. Because of that, it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Argo, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Solar panels can save you money on power bills over time, but they can also be a big investment. That's why many Argo homeowners choose to finance their solar panel systems to offset upfront costs. However, the interest on solar loans also increases your all-in costs, so it's crucial to take that into consideration as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.

Solar Panel Installation Company

Finally, the company you choose to install your solar system can play a role in determining the cost. Argo's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies typically have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle 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 $23,025 7.9 years
8 kW $2.50 $13,994 $30,974 7.8 years
10 kW $2.45 $17,150 $39,061 7.6 years
12 kW $2.40 $20,168 $47,284 7.5 years
14 kW $2.35 $23,050 $55,645 7.3 years
16 kW $2.30 $25,794 $64,144 7.2 years
18 kW $2.25 $28,400 $72,779 7.0 years
20 kW $2.21 $30,870 $81,551 6.9 years

Solar Incentives in Argo

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

Name Local Option- Property Tax Exemption for Renewable Energy Faclities
Website Visit here
More Info Click here

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:

  • Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
  • Contract: Read the contract terms closely to make sure you understand the cost breakdown, project timeline incentives and warranties.
  • Warranty: If you're concerned about the durability of your solar energy system, making sure your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
  • Solar Panel Brands: The type of solar panel you want to install plays a role in which installer you should choose, since different companies offer different panels.

Best National Provider

SunPower

★★★★★
5.0

  • 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

The Green Panel

★★★★★
4.5

  • 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 Argo, AL Solar Cost FAQs

How much does it cost to install solar panels in Argo?

This is a difficult question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $12,250 for a 5-kW system and $24,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or less expensive solar panels.

What other factors should I consider aside from cost when buying solar panels?

Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

Can solar panels completely eradicate my power bills?

It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Argo, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.

What solar power system size is right for my home?

To figure out what solar panel system size you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.

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.

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