Solar Panel Cost Guide in Kimberly, AL (Nov 2022)

  • Kimberly Solar Installation Cost: $15,624
  • 25-Year Savings: $35,704
  • Payback Period: 7.6 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Kimberly

Let's take a look at the average cost of solar in Kimberly.

In Kimberly, solar panels cost about $2 per watt on average. To account for the typical energy usage of the average home in Kimberly, most homeowners require a 9.1-kilowatt system. Using the figure above, a solar installation costs around $15,624, or $11,562 after the federal solar tax credit of 30% is applied.

Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy consumption, the type of equipment you choose, your solar contractor and more. Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Kimberly can save about $21,000 on their energy bills over 20 years.

To receive a free estimate from a pre-vetted solar installation company in Kimberly, you can click the button below.

Solar savings over time in Kimberly

Year Return on Investment
1 years $-13,571
3 years $-9,464
5 years $-5,358
7 years $-1,252
9 years $2,854
11 years $6,961
13 years $11,067
15 years $15,173
17 years $19,279
19 years $23,385
21 years $27,492
23 years $31,598
25 years $35,704

Top Solar Installers in Kimberly

When going solar, many homeowners opt to go with a solar installation company since overseeing your solar installation yourself can be a difficult project. Companies can also provide access to various kinds of the best solar panels and help you decide which one will be right for your family.

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 near you:

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

★★★★★
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 Kimberly

Factors that Affect Solar Panel Costs in Kimberly

Though the average cost of solar panels in Kimberly is $15,624, your actual cost may be higher or lower than that. There are quite a few factors that can have a major impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.

Solar Equipment

The size of the solar system you need is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,450. 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. However, higher efficiency could save you more in the long run on your power bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the Kimberly average.

Solar Financing Terms

Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That's why many Kimberly homeowners opt 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 choose to go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.

Solar Panel Installation Company

A final consideration when trying to figure out the cost of solar for your home or business in Kimberly is the company you hire to install your PV system. Similar to choosing a company to install new cabinets, for instance, there are plenty of solar installers that provide a range of services at different costs. Larger national companies typically have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on 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 $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

The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be a tough decision, we have some tips to help you, such as:

  • Contract: Look through the contract terms closely to make sure you understand how much it will cost, completion timeline incentives and warranties.
  • Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should secure and how long the project will take.
  • Reputation: Long-running companies likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
  • Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.

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

★★★★★
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 Kimberly, AL Solar Cost FAQs

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

This is a difficult question to answer exactly, because the cost depends on many 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 other solar equipment or higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.

Should I lease or buy solar panels in Kimberly?

Leasing solar panels can be an appealing choice, because it often comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.

How much can I save on energy bills after switching to solar?

Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. 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 long do solar panels last in Kimberly?

Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them once you've had 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.

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