Solar Panel Cost Guide in Meadowbrook, AL (Sep 2022)

  • Meadowbrook Solar Installation Cost: $15,486
  • 25-Year Savings: $35,663
  • Payback Period: 7.6 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Meadowbrook

We go over average solar pricing in Meadowbrook.

In Meadowbrook, solar panels cost about $2 per watt on average. The average Meadowbrook homeowner needs a 9.0-kilowatt system, which would cost about $15,486, or $11,460 after the federal solar tax credit of 30% is applied.

The true cost of your system can go higher or lower than the average in Meadowbrook based on a few factors, such as the type of solar panels you choose and the solar company you hire. Many homeowners find adopting solar power is a sound investment. The average homeowner in Meadowbrook can save about $22,000 on their energy bills over 20 years.

Click the button below to get connected to a highly rated solar company in your area for a personalized quote.

Solar savings over time in Meadowbrook

Year Return on Investment
1 years $-13,440
3 years $-9,349
5 years $-5,257
7 years $-1,165
9 years $2,927
11 years $7,019
13 years $11,111
15 years $15,203
17 years $19,295
19 years $23,387
21 years $27,479
23 years $31,571
25 years $35,663

Top Solar Installers in Meadowbrook

When going solar, many homeowners opt to go with a solar installation company since DIY solar panel installation can be a difficult project. Companies can also offer access to quality options of the best solar panels and help you decide which one will be best for you.

You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some in Meadowbrook:

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

The Green Panel

★★★★★
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 Meadowbrook

Factors that Affect Solar Panel Costs in Meadowbrook

For many Meadowbrook homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Meadowbrook, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you'll pay, which we'll go over below.

Solar Equipment Size

One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay about $2,450 per kilowatt in Meadowbrook. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Meadowbrook, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are offered by most installers in Meadowbrook, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable. Although solar loans make switching to solar energy more accessible for Meadowbrook homeowners, they can also add to the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

A final consideration when trying to evaluate the cost of solar for your home or business in Meadowbrook is the company you choose to install your solar system. As with choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that provide a range of services at different costs. You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.

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 $23,269 7.9 years
8 kW $2.50 $13,994 $31,300 7.7 years
10 kW $2.45 $17,150 $39,468 7.6 years
12 kW $2.40 $20,168 $47,773 7.4 years
14 kW $2.35 $23,050 $56,215 7.3 years
16 kW $2.30 $25,794 $64,795 7.1 years
18 kW $2.25 $28,400 $73,512 7.0 years
20 kW $2.21 $30,870 $82,366 6.8 years

Solar Incentives in Meadowbrook

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

Name Local Option- Property Tax Exemption for Renewable Energy Faclities
Website Visit here
More Info Click here

How to Save on Solar Panels

The solar installer you opt for will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should take into account, including:

  • Contract: Although reading through a contract can take a lot of time, it's important to do it carefully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
  • Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
  • Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running for a long time and save you money on repairs and maintenance.
  • Solar Panel Brands: The brand of solar panel you need plays a role in which company you should go with, since different companies have access to different panels.

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

The Green Panel

★★★★★
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 Meadowbrook, AL Solar Cost FAQs

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

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. You can expect to pay more if you want other 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 cheaper solar panels.

Are solar panels free in Meadowbrook?

You can't get solar panels for free in Meadowbrook. However, you may still be able to get 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.

Is going solar worth it?

Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and how much direct sunlight your roof gets.

What solar power system size is right for my home?

To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.

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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