Solar Panel Cost Guide in Clanton, AL (2024 Update)
- Clanton Solar Installation Cost: $21,796
- 25-Year Savings: $35,600
- Payback Period: 10.7 Years
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Average Cost of Solar Panels in Clanton
Let’s take a look at the average cost of solar panels in Clanton.
Although the national average of solar panels is $2.66 per watt, solar panels in Clanton generally cost around 3.Because a 8.9-kW system is needed to cover the energy consumption of a typical home in Clanton, the average price of going solar will be about $21,796 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The true cost of installing solar panels can vary quite a bit based on a few factors, such as what size system you need, your energy consumption and what solar installer you go with.Many homeowners find installing solar panels is a solid investment. The average homeowner in Clanton can save around $22,000 on their power bills over 20 years.
To receive a free estimate from a pre-vetted solar installer in Clanton, you can click the button below.
Solar savings over time in Clanton
| Year | Return on Investment |
|---|---|
| 1 years | $-19,948 |
| 3 years | $-16,253 |
| 5 years | $-12,558 |
| 7 years | $-8,863 |
| 9 years | $-5,168 |
| 11 years | $-1,473 |
| 13 years | $2,223 |
| 15 years | $5,918 |
| 17 years | $9,613 |
| 19 years | $13,308 |
| 21 years | $17,003 |
| 23 years | $20,698 |
| 25 years | $24,394 |
Top Solar Installers in Clanton
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Going with an installer can make your switch to solar power much easier. Another perk of utilizing a solar company is that they can help you optimize your return of investment by reducing your future costs of repairs and replacements due to warranties and giving you information on local incentives you can take advantage of.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some in Clanton:
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 Clanton
Factors that Affect Solar Panel Costs in Clanton
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few key factors that determine your overall cost in Clanton: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your power bills. Additionally, extra products, like solar batteries, can bump up your total well above the Clanton average.
Solar Financing Terms
If paying for a solar system out of pocket is difficult, solar loans are an affordable option because they reduce your upfront costs and allow you to pay for your system over five to seven years on average.Although solar loans make switching to solar energy more accessible for Clanton homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panel system can impact your pricing. Clanton’s solar companies all have different labor costs and add varying upcharges to equipment. The size of the company sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to more resources and bulk 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 lower to compete with bigger companies.
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 | $18,987 | 11.1 years |
| 8 kW | $3.56 | $19,935 | $25,707 | 10.9 years |
| 10 kW | $3.49 | $24,430 | $32,622 | 10.7 years |
| 12 kW | $3.42 | $28,730 | $39,733 | 10.5 years |
| 14 kW | $3.35 | $32,834 | $47,040 | 10.3 years |
| 16 kW | $3.28 | $36,743 | $54,541 | 10.1 years |
| 18 kW | $3.21 | $40,456 | $62,238 | 9.8 years |
| 20 kW | $3.14 | $43,974 | $70,131 | 9.6 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a challenge, we have some tips to help you, such as:
- Contract: Even though reading through a contract can take a lot of time, it’s important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Installation Process: When going solar, it’s important to keep an open line of communication with your solar panel company. See to it that you understand how the installation process will go and the completion timeline.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years likely offer high-quality solar panel installation and expertise.
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 Clanton, AL Solar Cost FAQs
What is the average cost of installing solar panels in Clanton?
The average cost of solar panels in Clanton is about $17,450 for a 5-kW system and $34,900 for a 10-kW system before the ITC, but the real cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Clanton?
Solar panels aren’t free in Clanton, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Can solar panels significantly reduce my power bills?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,141.05 per year.
How long do solar panels last in Clanton?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.