Solar Panel Cost Guide in Columbiana, AL (2023 Update)
- Columbiana Solar Installation Cost: $22,070
- 25-Year Savings: $35,532
- Payback Period: 10.8 Years
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Updated October 25, 2023
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Average Cost of Solar Panels in Columbiana
Find out what the average cost of solar panels are in Columbiana.
In Columbiana, solar panels cost about 3 per watt on average.The average solar panel system size in Columbiana is around 9.0 kilowatts, meaning a cost of about $22,070 for a solar installation, or $31,560 before the 0 federal solar tax credit is applied.
These figures are just averages, and the cost of going solar for you will most likely vary based on factors unique to your home and what company you go with.With average savings of about $21,000 on utility bills over 20 years, many homeowners in Columbiana find investing in solar can pay off big.
Click the button below to get connected to a reputable solar company in Columbiana for a customized estimate.
Solar savings over time in Columbiana
| 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 Columbiana
Trying to put up solar panels on your own can be a dangerous undertaking, which is why using a solar installation company is a good option for many homeowners. A solar installer can also help save you money over the lifespan of your system by offering warranties, repairs and system component replacements.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Columbiana
Factors that Affect Solar Panel Costs in Columbiana
Though the average cost of a solar system in Columbiana is $22,070, your final cost may be higher or lower than that. There are several factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
The size of the solar energy system you need for your home, 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 about $3,490. The kind of solar panels and equipment you get is another factor that will considerably impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Plus, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions 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 looking for a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are offered by most installers in Columbiana, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more affordable.Though solar loans make going solar more accessible for Columbiana homeowners, they can also add to 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
The last major cost factor you should keep in mind is the installer you choose. Given the massive popularity of renewable energy solutions in Columbiana, you’ll have lots of options to choose from, but each comes at varying price points for labor and equipment.Larger national companies usually have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on 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 | $3.63 | $15,244 | $18,644 | 11.2 years |
| 8 kW | $3.56 | $19,935 | $25,250 | 11.0 years |
| 10 kW | $3.49 | $24,430 | $32,051 | 10.8 years |
| 12 kW | $3.42 | $28,730 | $39,047 | 10.6 years |
| 14 kW | $3.35 | $32,834 | $46,239 | 10.4 years |
| 16 kW | $3.28 | $36,743 | $53,626 | 10.2 years |
| 18 kW | $3.21 | $40,456 | $61,209 | 9.9 years |
| 20 kW | $3.14 | $43,974 | $68,987 | 9.7 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, 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:
- Contract: It’s important to look over your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Warranty: If you’re worried about the longevity of your solar panels, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should secure and what the project timeline is.
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 Columbiana, AL Solar Cost FAQs
What is the average cost of installing solar panels in Columbiana?
This is a difficult question to answer exactly, because the cost depends on a few different factors. Generally 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 extra solar equipment or more efficient panels, or if you have above-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Is cost the most important thing to keep in mind when buying solar panels?
The initial cost is a key factor to consider, but whether it’s the most important for you depends on your goals for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Is it worth going solar in Columbiana?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.
How long do solar panels last in Columbiana?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level 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.