Solar Panel Cost Guide in Jasper, AL (2023 Update)
- Jasper Solar Installation Cost: $22,272
- 25-Year Savings: $34,107
- Payback Period: 11.2 Years
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Updated October 25, 2023
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Average Cost of Solar Panels in Jasper
Find out how much it might cost to switch to solar power in Jasper.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Jasper, the typical cost of solar panels is 3 per watt.Using this figure, a typical 9.1-kW system would cost about $22,272 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Jasper homeowner. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.With average savings of about $21,000 on power bills over 20 years, many homeowners in Jasper find installing solar panels has a decent ROI.
Click the button below to get connected to a reputable solar installer in Jasper for a customized estimate.
Solar savings over time in Jasper
| Year | Return on Investment |
|---|---|
| 1 years | $-20,425 |
| 3 years | $-16,730 |
| 5 years | $-13,035 |
| 7 years | $-9,339 |
| 9 years | $-5,644 |
| 11 years | $-1,949 |
| 13 years | $1,746 |
| 15 years | $5,441 |
| 17 years | $9,136 |
| 19 years | $12,832 |
| 21 years | $16,527 |
| 23 years | $20,222 |
| 25 years | $23,917 |
Top Solar Installers in Jasper
Trying to put up solar panels yourself can be a challenging undertaking, which is why hiring a solar installation company is a good option for many homeowners. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long term due to their warranties, repair services and expert design.
If you're searching for a solar company in Jasper, we've organized a list of our top suggestions here:
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 Jasper
Factors that Affect Solar Panel Costs in Jasper
The cost of installing a solar system in Jasper can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,490.There are a lot of different solar panel brands and the one you pick also affects the cost. In general, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are offered by most installers in Jasper, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
Finally, the company you get to install your solar system can influence your pricing. Jasper’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional 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 | $17,492 | 11.6 years |
| 8 kW | $3.56 | $19,935 | $23,714 | 11.4 years |
| 10 kW | $3.49 | $24,430 | $30,131 | 11.2 years |
| 12 kW | $3.42 | $28,730 | $36,743 | 11.0 years |
| 14 kW | $3.35 | $32,834 | $43,551 | 10.7 years |
| 16 kW | $3.28 | $36,743 | $50,555 | 10.5 years |
| 18 kW | $3.21 | $40,456 | $57,753 | 10.3 years |
| 20 kW | $3.14 | $43,974 | $65,148 | 10.1 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Contract: Before you sign a contract with a solar company, make sure you look it over completely so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: When making the switch to solar energy, it’s important to maintain an open line of communication with your solar panel company. Confirm that you understand how the installation process works and the completion timeline.
- Reputation: Well-established companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
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 Jasper, AL Solar Cost FAQs
What is the average cost of installing solar panels in Jasper?
This is a tough question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $17,450 for a 5-kW system and $34,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Are solar panels free in Jasper?
You can’t get solar panels for free in Jasper. 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 will having solar panels impact how much my home is worth?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Jasper is currently $205,377, so you can expect a value of about $8,420 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Jasper is a fruitful investment.
How often do you have to replace solar panels?
Though 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 their energy production will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using 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.