Solar Panel Cost Guide in Chelsea, AL (Nov 2022)

  • Chelsea Solar Installation Cost: $15,486
  • 25-Year Savings: $35,663
  • Payback Period: 7.6 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Chelsea

Let's have a look at the average cost of solar in Chelsea.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Chelsea, the average cost of solar panels is $2 per watt. The average solar panel system size in Chelsea is around 9.0 kilowatts, meaning a cost of about $15,486 for a solar installation, or $11,460 after the 30% federal solar tax credit is applied.

These figures are just averages, and how much solar costs for you may vary based on the amount of energy your home requires and what company you want to go with. But, after you've paid the upfront cost of installation, the savings for most homeowners is typically good, with a net average savings of about $22,000 over 20 years on utility bills.

To see your potential savings and connect with a local solar installer, click the button below.

Solar savings over time in Chelsea

Year Return on Investment
1 years $-13,440
3 years $-9,349
5 years $-5,257
7 years $-1,165
9 years $2,927
11 years $7,019
13 years $11,111
15 years $15,203
17 years $19,295
19 years $23,387
21 years $27,479
23 years $31,571
25 years $35,663

Top Solar Installers in Chelsea

DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Taking advantage of an installer can make your switch to solar power much easier. The expertise that solar companies offer can be valuable as well, particularly if you don't quite know what brand of solar equipment would be right for your home.

There are several licensed solar professionals that can help you install your solar system. Here are our suggestions:

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

Tesla Energy

★★★★★
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 Chelsea

Factors that Affect Solar Panel Costs in Chelsea

Although the average cost of solar panels in Chelsea is $15,486, your final cost may be higher or lower than that. There are quite a few factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to consider.

Solar Equipment

When it comes to estimating the cost of a solar energy system in Chelsea, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy consumption, which you can determine by looking at past electricity bills. Your total cost can increase by about $2,450 for each additional kilowatt you need. There are several different solar panel brands and the one you choose also changes the cost. In many cases, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you're looking to get can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are available from most installers in Chelsea, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also adds to your overall costs, so it's vital to consider that as well. You can always reduce the total you pay in interest and possibly even your APR by making a larger down payment.

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 Chelsea, you'll have many options to choose from, but each comes at varying price points for labor and equipment. The size of the company sometimes plays the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices due to greater 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 discount 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 $2.55 $10,702 $23,269 7.9 years
8 kW $2.50 $13,994 $31,300 7.7 years
10 kW $2.45 $17,150 $39,468 7.6 years
12 kW $2.40 $20,168 $47,773 7.4 years
14 kW $2.35 $23,050 $56,215 7.3 years
16 kW $2.30 $25,794 $64,795 7.1 years
18 kW $2.25 $28,400 $73,512 7.0 years
20 kW $2.21 $30,870 $82,366 6.8 years

How to Save on Solar Panels

The solar panel company you go with will affect not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should keep in mind, including:

  • Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you hire.
  • Warranty: Warranties that cover panel repairs and maintenance over a couple decades are the best you can get in the business, and offering that kind of warranty is one mark of a quality company.
  • Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
  • Contract: Look through the contract terms thoroughly to make sure you understand the cost breakdown, project completion timeline rebates and warranties.

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

Tesla Energy

★★★★★
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 Chelsea, AL Solar Cost FAQs

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

The average cost of solar panels in Chelsea is about $12,250 for a 5-kW system and $24,500 for a 10-kW system before the ITC, but the real cost will depend on things like the model 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 Chelsea?

Leasing solar panels can be an option if you can't pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your property 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.

Is it worth going solar in Chelsea?

Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and the amount of direct sunlight your roof gets.

How many solar panels should I get to power 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 house 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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