Solar Panel Cost Guide in Daphne, AL (Oct 2022)

  • Daphne Solar Installation Cost: $14,698
  • 25-Year Savings: $33,459
  • 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 Daphne

We break down average solar pricing in Daphne.

Although the national average of solar panels is $2.66 per watt, solar panels in Daphne generally cost about $2. To cover the typical energy needs of the average home in Daphne, most homeowners require a 8.6-kilowatt system. Using the per-watt figure above, a solar installation costs around $14,698, or $10,877 after the federal solar tax credit of 30% is applied.

The actual price you pay can go above or below the average in Daphne depending on several factors, such as the model of solar panels you choose and the solar installer you hire. With typical savings of about $21,000 on electricity bills over 20 years, many homeowners in Daphne find installing solar panels can pay off big.

Click the button below to get connected to a vetted solar panel company in Daphne for a customized estimate.

Solar savings over time in Daphne

Year Return on Investment
1 years $-12,771
3 years $-8,919
5 years $-5,066
7 years $-1,214
9 years $2,639
11 years $6,491
13 years $10,344
15 years $14,196
17 years $18,049
19 years $21,901
21 years $25,754
23 years $29,606
25 years $33,459

Top Solar Installers in Daphne

When making the switch to solar, many homeowners decide to use a solar company since putting up a solar system yourself can be a difficult project. Plus, if you're not certain what brand of solar panels and equipment you may need, a solar company can help you figure that out after a site survey and consultation.

You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some near you:

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 Daphne

Factors that Affect Solar Panel Costs in Daphne

Although the average cost of solar panels in Daphne is $14,698, your final cost may be above or below the average. There are several factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more crucial things to keep in mind.

Solar Equipment Size

One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay about $2,450 per kilowatt in Daphne. The brand and type of equipment you want for your solar system can increase or decrease 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 limited roof space 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. Also, if you want add-ons like an electric vehicle charger or solar batteries, this 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 significant investment. That's why many Daphne homeowners choose to finance their solar panel systems to offset upfront costs. When considering your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more upfront can lower the total interest paid over time.

Solar Panel Installation Company

Lastly, the company you choose to install your solar panels can affect the cost. Daphne's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra 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 $23,018 7.9 years
8 kW $2.50 $13,994 $30,966 7.8 years
10 kW $2.45 $17,150 $39,050 7.6 years
12 kW $2.40 $20,168 $47,272 7.5 years
14 kW $2.35 $23,050 $55,630 7.3 years
16 kW $2.30 $25,794 $64,126 7.2 years
18 kW $2.25 $28,400 $72,760 7.0 years
20 kW $2.21 $30,870 $81,530 6.9 years

Solar Incentives in Daphne

Name Wood-Burning Heating System Deduction
Incentive Amount 100%
More Info Click here

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

Name Alabama Power - Residential Heat Pump Loan Program
Website Visit here
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:

  • Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you opt for.
  • Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
  • Contract: Read the contract terms thoroughly to make sure you understand the overall cost, project completion timeline rebates and warranties.
  • Installation Process: Make sure you're aligned with the installer regarding how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.

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 Daphne, AL Solar Cost FAQs

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

The average cost of solar panels in Daphne is about $12,250 for a 5-kW system and $24,500 for a 10-kW system before the ITC, but the actual 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 Daphne?

Leasing solar panels can be an appealing choice, because it typically comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better option if you want to maximize your savings.

How much can I save on power bills after installing solar panels?

Solar panels can potentially eliminate your electricity bills depending on where you're located 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 $1,124.00 per year.

How often do you have to replace solar panels?

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.

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