Solar Panel Cost Guide in Haleyville, AL (2024 Update)

  • Haleyville Solar Installation Cost: $22,460
  • 25-Year Savings: $33,700
  • Payback Period: 11.4 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Haleyville

Let’s have a look at the average cost of solar panels in Haleyville.

The average cost of a solar system in Haleyville is 3 per watt.Using this figure, a typical 9.2-kW system would cost about $22,460 before the 0 federal solar tax credit is applied.

The true cost of your system can be higher or lower than the average in Haleyville depending on a few factors, such as the brand of solar panels you choose and the solar installer you hire.For most homeowners, the upfront investment in solar panels is worth paying. On average Haleyville homeowners see about $20,000 in savings on electricity bills over 20 years.

To receive a free quote from a vetted solar company in Haleyville, you can click the button below.

Solar savings over time in Haleyville

Year Return on Investment
1 years $-20,612
3 years $-16,917
5 years $-13,222
7 years $-9,527
9 years $-5,832
11 years $-2,136
13 years $1,559
15 years $5,254
17 years $8,949
19 years $12,644
21 years $16,339
23 years $20,035
25 years $23,730

Top Solar Installers in Haleyville

When going solar, many homeowners opt to use a solar company since putting up solar panels yourself can be a time-consuming project. A solar company can also help save you money over time by offering warranties, repairs and part replacements.

You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some in Haleyville:

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

★★★★★
3.2

  • 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 Haleyville

Factors that Affect Solar Panel Costs in Haleyville

Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that will push your cost above or below the average in Haleyville: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.

Solar Equipment

When it comes to estimating the price of a solar system in Haleyville, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can determine by looking at past energy bills. Your total cost can increase by around $3,490 for each additional kilowatt you need.The kind of solar equipment you choose can bring your price up or down 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, more efficient panels could save you more over time on your electric bills. In addition, add-on products, such as solar batteries, can bring your total well above the Haleyville average.

Solar Financing Terms

Solar panels can save you money on power bills over many years, but they can also be a significant investment. That’s why many Haleyville homeowners opt to finance their solar panel systems to make paying for solar more affordable.When figuring out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.

Solar Panel Installation Company

The solar installer you opt for to handle your switch to solar energy can play a part in your total costs. There are about 3 solar installation companies in Haleyville, and each can charge varying amounts for labor and equipment.Additionally, some companies in Haleyville are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.

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 $17,039 11.8 years
8 kW $3.56 $19,935 $23,110 11.6 years
10 kW $3.49 $24,430 $29,376 11.4 years
12 kW $3.42 $28,730 $35,837 11.1 years
14 kW $3.35 $32,834 $42,494 10.9 years
16 kW $3.28 $36,743 $49,346 10.7 years
18 kW $3.21 $40,456 $56,394 10.4 years
20 kW $3.14 $43,974 $63,637 10.2 years

How to Save on Solar Panels

The solar company you choose will affect 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 a few important things you should take into account, including:

  • Installation Process: When going solar, it’s essential to keep an open line of communication with your solar installer. See to it that you understand how the installation process works and the project timeline.
  • 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.
  • Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years likely offer quality solar panel installation and expertise.
  • Contract: It’s important to read through your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the cost.

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

★★★★★
3.2

  • 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 Haleyville, AL Solar Cost FAQs

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

The average cost of solar panels in Haleyville 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 model of solar panels you want, what size system you need and how much energy you consume.

Are solar panels free in Haleyville?

A solar panel system isn’t free in Haleyville, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.

How will having solar panels impact my home value?

Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Haleyville is currently $119,757, so you can look forward to a value of about $4,910 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Haleyville is a worthwhile investment.

How long do solar panels last in Haleyville?

Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can continue to use them at a lower efficiency.

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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