Solar Panel Cost Guide in Eufaula, AL (2025 Update)
- Eufaula Solar Installation Cost: $21,351
- 25-Year Savings: $33,205
- Payback Period: 11.1 Years
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Average Cost of Solar Panels in Eufaula
Let’s have a look at the average cost of solar in Eufaula.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Eufaula, the typical cost of a solar system is 3 per watt.The average Eufaula homeowner needs a 8.7-kilowatt system, which would cost about $21,351 with the federal tax credit, or $30,532 before the 0 tax credit is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar may vary based on your household energy consumption, the type of equipment you want to get, your solar contractor and more.For many homeowners, the upfront investment in solar is worth paying. On average you could be looking at about $21,000 in savings on utility bills over 20 years.
Click the button below to get connected to a top solar company in your area for a custom quote.
Solar savings over time in Eufaula
| Year | Return on Investment |
|---|---|
| 1 years | $-19,503 |
| 3 years | $-15,808 |
| 5 years | $-12,113 |
| 7 years | $-8,418 |
| 9 years | $-4,723 |
| 11 years | $-1,028 |
| 13 years | $2,668 |
| 15 years | $6,363 |
| 17 years | $10,058 |
| 19 years | $13,753 |
| 21 years | $17,448 |
| 23 years | $21,143 |
| 25 years | $24,838 |
Top Solar Installers in Eufaula
Many homeowners opt for a solar installation company since trying to install solar panels on your own can be a lot of work. Local solar installation companies can also help you optimize your return on investment by assisting with any local incentives you can take advantage of and by offering warranties and repairs.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Eufaula
Factors that Affect Solar Panel Costs in Eufaula
Though the average cost of a solar system in Eufaula is $21,351, your final cost may differ. There are many factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,490.The model of solar panels and equipment you get is another factor that will considerably affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Further, solar equipment consists of more than just the solar panels themselves. You’ll also need to think 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 into a solar system that’s in your budget.
Solar Financing Terms
Most solar installers in Eufaula offer solar loans, which reduce the initial cost of installing solar panels.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The last major cost factor you should keep in mind is the installer you choose. Given the massive popularity of green energy solutions in Eufaula, you’ll have a great number of options to choose from, but each comes at different price points for labor and equipment.Larger national companies usually have lower costs, but some local companies undercut 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 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 | $3.63 | $15,244 | $17,842 | 11.5 years |
| 8 kW | $3.56 | $19,935 | $24,180 | 11.3 years |
| 10 kW | $3.49 | $24,430 | $30,713 | 11.1 years |
| 12 kW | $3.42 | $28,730 | $37,442 | 10.9 years |
| 14 kW | $3.35 | $32,834 | $44,366 | 10.6 years |
| 16 kW | $3.28 | $36,743 | $51,486 | 10.4 years |
| 18 kW | $3.21 | $40,456 | $58,802 | 10.2 years |
| 20 kW | $3.14 | $43,974 | $66,312 | 10.0 years |
How to Save on Solar Panels
The solar installer you opt for will influence not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should take into account, such as:
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Contract: Before you sign a contract with a solar installer, make sure to read it through carefully so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
- Reputation: Companies that have been in business for many years likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Warranty: If you’re concerned about the durability of your solar panel system, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
EcoWatch's Eufaula, AL Solar Cost FAQs
How much does it cost to install solar panels in Eufaula?
The average cost of solar panels in Eufaula 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 certain factors such as the type of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Eufaula?
Leasing solar panels can be an option if you can’t afford to pay upfront or get a solar loan, but since you don’t own the system, you don’t have access to 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.
Does Eufaula have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future utility bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
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.