Solar Panel Cost Guide in Jasper, AL (2024 Update)
- Jasper Solar Installation Cost: $22,272
- 25-Year Savings: $34,107
- Payback Period: 11.2 Years
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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 average cost of solar panels is 3 per watt.Because a 9.1-kW system is needed to cover the energy costs of a typical home in Jasper, the average price of going solar will be about $22,272 after claiming the federal solar tax credit of 0.
These figures are just averages, and the cost of going solar for you will look different based on the amount of energy your home requires and what company you go with.Many homeowners find adopting solar power is a solid investment. The average homeowner in Jasper can save about $21,000 on their electricity bills over 20 years.
You can click the button below to get connected with a top solar installer in Jasper that can help you get a more accurate cost estimate for your home.
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
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. Hiring a solar company can make your switch to solar power much easier. Plus, if you’re not certain what kind of solar panels and equipment you need, a solar installer can help you figure that out after a site survey and consultation.
There are a number of licensed solar professionals that can help you install your solar panels. 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 Jasper
Factors that Affect Solar Panel Costs in Jasper
For many Jasper homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Jasper, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar system in Jasper, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy usage, which you can determine by looking at past power bills. Your overall cost can increase by around $3,490 for each additional kilowatt you need.The kind 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, more efficient panels could save you more over time on your power bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the Jasper average.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That’s why many Jasper homeowners choose to finance their solar panel systems to make going solar more affordable.When considering your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Jasper is the company you get to install your solar panel system. As with 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.You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions 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 | $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 a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Contract: Even though reading through a contract can be tedious, it’s important to do it thoroughly so you can make sure you understand what services your solar company will provide and the terms of the warranty.
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Make sure you’re on the same page with the company regarding how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years in most cases offer high-quality solar panel installation and expertise.
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?
The average cost of solar panels in Jasper 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 stuff such as the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Jasper?
A solar panel system isn’t free in Jasper, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
How will installing 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 Jasper is currently $205,377, which means you can expect a value of about $8,420 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Jasper is a rewarding investment.
How long do solar panels last in Jasper?
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 amount 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.