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

  • Millbrook Solar Installation Cost: $15,161
  • 25-Year Savings: $35,741
  • Payback Period: 7.4 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 Millbrook

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

In Millbrook, solar panels cost about $2 per watt on average. Because a 8.8-kW system is needed to cover the energy usage of a typical home in Millbrook, the average price of going solar will be about $15,161 before claiming the federal solar tax credit of 30%.

The prices above are just estimates to give you an idea of the cost of a solar energy system. The true cost of going solar can vary depending on several factors, such as what size system you need, your energy consumption and what company you go with. Many homeowners find adopting solar power is a solid investment. The average homeowner in Millbrook can save about $22,000 on their electricity bills over 20 years.

Click the button below to get connected to a vetted solar panel company in your area for a customized quote.

Solar savings over time in Millbrook

Year Return on Investment
1 years $-13,125
3 years $-9,052
5 years $-4,980
7 years $-908
9 years $3,164
11 years $7,236
13 years $11,308
15 years $15,380
17 years $19,452
19 years $23,524
21 years $27,596
23 years $31,669
25 years $35,741

Top Solar Installers in Millbrook

Although it's possible to install solar panels by yourself, it involves extra energy and expertise. That's one of the reasons most homeowners choose to go with a solar panel installer. Some solar installers, particularly local ones, can help you make the most of incentives in Millbrook, optimizing your ROI.

There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

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 Millbrook

Factors that Affect Solar Panel Costs in Millbrook

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

Solar Equipment

One of the most significant factors to consider when it comes to the cost of installing solar panels 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 spend about $2,450 per kilowatt in Millbrook. There are several different solar panel brands and the one you pick also changes the cost. Generally, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you're looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Solar panels can save you money on utility bills over time, but they can also be a significant investment. That's why many Millbrook homeowners decide to finance their solar panel systems to offset upfront costs. You'll have to consider the long-term cost of loans, including the total 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 more than the original cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs considerably.

Solar Panel Installation Company

The solar panel installation company you choose will affect your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor. You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials 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 $2.55 $10,702 $23,831 7.7 years
8 kW $2.50 $13,994 $32,049 7.6 years
10 kW $2.45 $17,150 $40,405 7.4 years
12 kW $2.40 $20,168 $48,897 7.3 years
14 kW $2.35 $23,050 $57,527 7.2 years
16 kW $2.30 $25,794 $66,294 7.0 years
18 kW $2.25 $28,400 $75,198 6.9 years
20 kW $2.21 $30,870 $84,239 6.7 years

How to Save on Solar Panels

The solar company you go with will be a major factor in determining 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:

  • 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 the warranty covers and what services you can expect from them.
  • Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
  • Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
  • Solar Panel Brands: Different companies have various brands and models of panels. If you prefer a specific brand, make sure the solar installer you're considering has it.

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 Millbrook, AL Solar Cost FAQs

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

The average cost of solar panels in Millbrook is about $12,250 for a 5-kW system and $24,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors 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 Millbrook?

You can't get solar panels for free in Millbrook. 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 want to own your solar panels, you can finance them with a solar loan.

Can you sell solar power back to the grid in Millbrook?

The majority of states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.

What solar power system size is right for my home?

To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home 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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