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

  • Forestdale Solar Installation Cost: $15,624
  • 25-Year Savings: $35,704
  • Payback Period: 7.6 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Forestdale

Let's take a look at the average cost of solar panels in Forestdale.

While the national average of solar panels is $2.66 per watt, solar panels in Forestdale generally cost about $2. Using this figure, a typical 9.1 would cost about $15,624 before the 30% federal solar tax credit is applied.

The actual price you pay can be above or below the average in Forestdale based on a few factors, such as the brand of solar panels you choose and the solar contractor you hire. Many homeowners find going solar is a rewarding investment. The average homeowner in Forestdale can save about $21,000 on their electricity bills over 20 years.

You can click the button below to get connected with a pre-vetted solar installer in Forestdale for a quote for your home.

Solar savings over time in Forestdale

Year Return on Investment
1 years $-13,571
3 years $-9,464
5 years $-5,358
7 years $-1,252
9 years $2,854
11 years $6,961
13 years $11,067
15 years $15,173
17 years $19,279
19 years $23,385
21 years $27,492
23 years $31,598
25 years $35,704

Top Solar Installers in Forestdale

Many homeowners opt for a solar installation company since figuring out how to install solar panels by yourself can be hard. Because solar panels are exposed to the elements every day, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by avoiding potential costs down the line.

If you'd like to start using solar energy but still aren't certain which solar system company to go with, here are our recommendations for providers in Forestdale:

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 Forestdale

Factors that Affect Solar Panel Costs in Forestdale

Although the average cost of solar panels in Forestdale is $15,624, your final cost may be above or below the average. There are quite a few factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to consider.

Solar Equipment

The size of the system you need is one of the largest factors that affects the overall cost of installing solar panels. That's why it's important to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. There are several different solar panel brands and the one you choose also affects the cost. Typically, the brands that have better efficiency tend to also be more expensive. Plus, the type of equipment you choose can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Many homeowners find the average cost of solar in Forestdale to be prohibitively costly, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in a higher cost over time because of interest. However, the interest on solar loans also adds to your total costs, so it's vital to take that into consideration as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.

Solar Panel Installation Company

Finally, the company you opt for to install your solar panels can influence the cost. Forestdale's solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices because of their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.

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 $23,096 7.9 years
8 kW $2.50 $13,994 $31,070 7.8 years
10 kW $2.45 $17,150 $39,180 7.6 years
12 kW $2.40 $20,168 $47,428 7.5 years
14 kW $2.35 $23,050 $55,812 7.3 years
16 kW $2.30 $25,794 $64,334 7.2 years
18 kW $2.25 $28,400 $72,994 7.0 years
20 kW $2.21 $30,870 $81,790 6.9 years

How to Save on Solar Panels

There are numerous companies available in Forestdale, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:

  • Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
  • Contract: Before signing a contract with a solar installer, make sure you read it through carefully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what the warranty covers and what services you can expect from them.
  • Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
  • Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.

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 Forestdale, AL Solar Cost FAQs

What is the average cost of installing solar panels in Forestdale?

This is a tough question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $12,250 for a 5-kW system and $24,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or higher quality panels, or if you have above-average energy consumption. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.

Is cost the most important consideration when buying solar panels?

Cost is a crucial factor to consider, but whether it's the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.

Do solar panels increase your home value?

Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don't opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."

How many solar panels should I get to power my home?

To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household 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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