Solar Panel Cost Guide in Hueytown, AL (2023 Update)
- Hueytown Solar Installation Cost: $15,627
- 25-Year Savings: $35,701
- Payback Period: 7.6 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Hueytown
Let's take a look at the average cost of solar in Hueytown.
While the national average of solar panels is $2.66 per watt, solar panels in Hueytown typically cost about 2.45. To cover the typical energy needs of the average home in Hueytown, most homeowners require a 9.1-kilowatt system. Using the per-watt figure above, a solar installation costs around $15,624, or $22,342 before the federal solar tax credit of 30% is applied.
These figures are just estimates, and your own solar costs will differ based on factors unique to your home and what company you choose to go with. Despite the significant initial cost, the average Hueytown homeowner can save around $21,000 on their power bills over 20 years, which is one of the benefits of solar.
You can click the button below to get connected with a pre-vetted solar company in Hueytown for a quote for your home.
Solar savings over time in Hueytown
Year | Return on Investment |
---|---|
1 years | $-13,779 |
3 years | $-10,084 |
5 years | $-6,389 |
7 years | $-2,694 |
9 years | $1,001 |
11 years | $4,696 |
13 years | $8,392 |
15 years | $12,087 |
17 years | $15,782 |
19 years | $19,477 |
21 years | $23,172 |
23 years | $26,867 |
25 years | $30,562 |
Top Solar Installers in Hueytown
Many homeowners opt for a solar installation company since trying to put up solar panels on your own can be hard. A solar installer can also help save you money over time by providing warranties, repairs and system component replacements.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best Technology
Tesla Energy
- 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 Hueytown
Factors that Affect Solar Panel Costs in Hueytown
Though the average cost of a solar system in Hueytown is $15,624, your final cost may differ. 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 important things to consider.
Solar Equipment
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,450. The kind of solar panels and equipment you choose is another factor that will substantially affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment is 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 for a solar system that's in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Hueytown to be prohibitively costly, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides access to financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also result in a higher cost over time because of interest. You'll have to consider the long-term cost of loans, including the total 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 principal cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Hueytown is the company you choose to install your PV system. Similar to choosing a company to build a deck or pool, for example, there are plenty of solar installers that provide a range of services for different budgets. Additionally, some companies in Hueytown have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. 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 | $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 many companies available in Hueytown, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be done and how long it will take.
- 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 large role in the company you opt for.
- Contract: It's important to read your solar installer's contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to get the job done well. Another way you can verify your installer's reputation is by reading reviews.
Best Technology
Tesla Energy
- 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 Hueytown, AL Solar Cost FAQs
How much does it cost to install solar panels in Hueytown?
This is a hard question to answer precisely, because the cost depends on a few different 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 cost more if you want extra solar equipment or more efficient panels, or if you have above-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Hueytown?
You can't get solar panels for free in Hueytown. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
How much can I save on electricity bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,126.60 per year.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can 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 buy 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.
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.