Solar Panel Cost Guide in Brook Highland, AL (2024 Update)
- Brook Highland Solar Installation Cost: $22,070
- 25-Year Savings: $35,656
- Payback Period: 10.8 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Brook Highland
Here’s how much it might cost to install solar panels in Brook Highland.
The national average cost of solar panels is $2.66 per watt, but in Brook Highland it’s 3 per watt.Using this figure, a typical 9.0-kW system would cost about $22,070 before the 0 federal solar tax credit is applied.
These figures are only estimates, and your own solar costs may look different based on the amount of energy your home requires and what company you go with.Many homeowners find installing solar panels is a rewarding investment. The average homeowner in Brook Highland can save about $22,000 on their energy bills over 20 years.
To receive a free estimate from a highly rated solar installation company in Brook Highland, you can click the button below.
Solar savings over time in Brook Highland
Year | Return on Investment |
---|---|
1 years | $-20,223 |
3 years | $-16,527 |
5 years | $-12,832 |
7 years | $-9,137 |
9 years | $-5,442 |
11 years | $-1,747 |
13 years | $1,948 |
15 years | $5,644 |
17 years | $9,339 |
19 years | $13,034 |
21 years | $16,729 |
23 years | $20,424 |
25 years | $24,119 |
Top Solar Installers in Brook Highland
Many homeowners choose to hire a solar installation company since trying to put up solar panels on your own can be time-consuming. Solar installers offer key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
Working with a licensed solar installer can help you make the most of your investment in solar. Here are our recommendations:
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 Brook Highland
Factors that Affect Solar Panel Costs in Brook Highland
The cost of installing a solar system in Brook Highland can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,490. The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar companies in Brook Highland provide solar loans, which reduce the initial cost of installing a solar system.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The final key cost factor you should take into consideration is the installer you choose. Given the massive popularity of renewable energy solutions in Brook Highland, you’ll have lots of options to choose from, but each comes at various price points for labor and equipment.Additionally, some companies in Brook Highland have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $18,726 | 11.2 years |
8 kW | $3.56 | $19,935 | $25,359 | 11.0 years |
10 kW | $3.49 | $24,430 | $32,188 | 10.8 years |
12 kW | $3.42 | $28,730 | $39,212 | 10.6 years |
14 kW | $3.35 | $32,834 | $46,431 | 10.4 years |
16 kW | $3.28 | $36,743 | $53,846 | 10.1 years |
18 kW | $3.21 | $40,456 | $61,456 | 9.9 years |
20 kW | $3.14 | $43,974 | $69,262 | 9.7 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be difficult, we have some tips to help you, such as:
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Warranty: Warranties that provide coverage for defective panels and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one sign of a quality company.
- Contract: Look through the contract terms thoroughly to make sure you understand how much it will cost, project completion timeline rebates and warranties.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely offer quality solar panel installation and expertise.
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 Brook Highland, AL Solar Cost FAQs
How much does it cost to install solar panels in Brook Highland?
This is a difficult 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. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have above-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?
The upfront cost is a crucial factor to consider, but whether it’s the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Do solar panels increase your home value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Brook Highland is currently $515,516, which means you can expect a value of about $21,136 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Brook Highland is a rewarding investment.
How often do you have to replace solar panels?
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 their energy production will have decreased significantly after that point. You can opt to 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.