Solar Panel Cost Guide in Fultondale, AL (Sep 2022)

  • Fultondale Solar Installation Cost: $15,624
  • 25-Year Savings: $34,458
  • Payback Period: 7.8 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 Fultondale

We break down average solar pricing in Fultondale.

The national average cost of solar panels is $2.66 per watt, but in Fultondale it's $2 per watt. The average solar panel system size in Fultondale is around 9.1 kilowatts, meaning a cost of about $15,624 for a solar installation, or $11,562 after the 30% federal solar tax credit is applied.

These figures are just estimates, and your own solar costs will differ based on the amount of energy your home requires and what company you want to go with. Many homeowners find adopting solar power is a sound investment. The average homeowner in Fultondale can save about $21,000 on their power bills over 20 years.

Click the button below to get connected to a reputable solar installer in your area for a custom quote.

Solar savings over time in Fultondale

Year Return on Investment
1 years $-13,620
3 years $-9,614
5 years $-5,607
7 years $-1,601
9 years $2,406
11 years $6,412
13 years $10,419
15 years $14,425
17 years $18,432
19 years $22,438
21 years $26,445
23 years $30,451
25 years $34,458

Top Solar Installers in Fultondale

DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Using a solar panel installer can make switching to solar power much easier. Local solar installation companies can also help you optimize your return on investment by walking you through any local incentives and by providing warranties and repairs.

There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

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 Fultondale

Factors that Affect Solar Panel Costs in Fultondale

Although the average cost of solar panels in Fultondale is $15,624, your final cost may differ. There are quite a few factors that can have a major 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

The size of the system you need is one of the largest factors that affects the overall cost of going solar. For that reason, it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. 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. On the other hand, higher efficiency could save you more in the long run on your power bills. In addition, extra products, like solar batteries, can bump up your total well above the Fultondale average.

Solar Financing Terms

If paying for solar panels out of pocket is too expensive, solar loans are a solid option because they decrease your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay off the loan.

Solar Panel Installation Company

The final significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of renewable energy solutions in Fultondale, you'll have a great number of options to choose from, but each comes at various price points for labor and equipment. The size of the company can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.

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 $22,276 8.1 years
8 kW $2.50 $13,994 $29,975 8.0 years
10 kW $2.45 $17,150 $37,812 7.8 years
12 kW $2.40 $20,168 $45,786 7.6 years
14 kW $2.35 $23,050 $53,897 7.5 years
16 kW $2.30 $25,794 $62,146 7.3 years
18 kW $2.25 $28,400 $70,531 7.2 years
20 kW $2.21 $30,870 $79,054 7.0 years

Solar Incentives in Fultondale

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

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

How to Save on Solar Panels

The solar installer you choose will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, including:

  • Contract: When reading over your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
  • Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you choose.
  • Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running smoothly and save you money on repairs and maintenance.
  • Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.

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 Fultondale, AL Solar Cost FAQs

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

This is a difficult question to answer precisely, because the cost depends on a few different factors. Broadly 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 more efficient panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you want a smaller solar panel system or cheaper solar panels.

Is cost the most important consideration when buying solar panels?

Cost is a key 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 trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.

Is making the switch to solar worth it?

Solar panels can be a great investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.

How long do solar panels last in Fultondale?

On average, the lifespan of solar panels is 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 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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