Solar Panel Cost Guide in Leeds, AL (Dec 2022)

  • Leeds Solar Installation Cost: $15,606
  • 25-Year Savings: $35,650
  • 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 Leeds

We go over average solar pricing in Leeds.

The national average cost of solar panels is $2.66 per watt, but in Leeds it's $2 per watt. To account for the typical energy usage of the average home in Leeds, most homeowners require a 9.1-kilowatt system. Using the per-watt figure above, a solar installation costs around $15,606, or $11,548 after the federal solar tax credit of 30% is applied.

How much you pay can go higher or lower than the average in Leeds depending on a few factors, such as the model of solar panels you choose and the solar installer you hire. Despite the high upfront cost, the average Leeds homeowner can save around $21,000 on their energy bills over 20 years, which is one of the advantages of solar.

For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.

Solar savings over time in Leeds

Year Return on Investment
1 years $-13,556
3 years $-9,456
5 years $-5,355
7 years $-1,255
9 years $2,846
11 years $6,946
13 years $11,047
15 years $15,147
17 years $19,248
19 years $23,348
21 years $27,449
23 years $31,549
25 years $35,650

Top Solar Installers in Leeds

Many homeowners opt for a solar panel installer since figuring out how to install solar panels by yourself can be hard. Companies can also have access to a large variety of the best solar panels and help you pick which one will be best for you.

If you're looking for a solar installer in Leeds, the EcoWatch team has put together a list of our top suggestions here:

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 Leeds

Factors that Affect Solar Panel Costs in Leeds

The cost of installing a solar system in Leeds can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar installer you choose.

Solar Equipment

The size of the solar energy system you need for your household, 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 nearly $2,450. There are many different solar panel brands and the one you choose also affects the cost. In many cases, the brands that have better efficiency tend to also cost more. Plus, the type of equipment you choose 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

Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Leeds homeowners opt to finance their solar panel systems to make paying for solar more affordable. While solar loans make adopting solar energy more accessible for Leeds homeowners, they can also add to the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

The solar installer you go with to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar panel companies operating throughout Leeds, and each can charge different amounts for labor and equipment. The company's size sometimes plays the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger companies.

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 $23,099 7.9 years
8 kW $2.50 $13,994 $31,073 7.8 years
10 kW $2.45 $17,150 $39,184 7.6 years
12 kW $2.40 $20,168 $47,432 7.5 years
14 kW $2.35 $23,050 $55,818 7.3 years
16 kW $2.30 $25,794 $64,340 7.2 years
18 kW $2.25 $28,400 $73,000 7.0 years
20 kW $2.21 $30,870 $81,798 6.8 years

How to Save on Solar Panels

The solar panel company you go with will affect not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, including:

  • Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
  • 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 significant role in the company you choose.
  • Contract: It's important to look over your solar installer's contract closely 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 respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can research your installer's reputation is by reading reviews.

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 Leeds, AL Solar Cost FAQs

How much does it cost to install solar panels in Leeds?

This is a difficult question to answer precisely, because the cost depends on a variety of 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 cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy usage. 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 Leeds?

Leasing solar panels can be an attractive choice, as it often comes with low or $0 upfront payments. The drawback 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 incentives and your home value won't increase. Buying solar panels is a better option if you want to maximize your savings.

How much can I save on power bills after installing solar panels?

It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Leeds, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy consumption and the average daily 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 install 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.

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