Solar Panel Cost Guide in Montgomery, AL (Feb 2023)
- Montgomery Solar Installation Cost: $14,989
- 25-Year Savings: $35,080
- Payback Period: 7.5 Years
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Top Solar Installers in Montgomery
Many homeowners opt for a solar installer since trying to install solar panels by yourself can be a labor-intensive endeavor. Since solar panels are exposed to the elements every day, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by reducing potential costs down the line.
Working with a licensed solar company can help you make the most of your investment in solar. Here are our recommendations:
See all of the solar companies in Montgomery
Factors that Affect Solar Panel Costs in Montgomery
For many Montgomery homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Montgomery, 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.
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Montgomery, where sunlight is abundant, efficiency can quickly pay off. Plus, 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 a challenge. Solar loans are provided by most installers in Montgomery, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also increases your total costs, so it's vital to take that into consideration as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panel system can play a part in determining your pricing. Montgomery's solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and find a company that has the products, warranties and services you're looking for and also fits within your budget.
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||$23,677||7.8 years|
|8 kW||$2.50||$13,994||$31,843||7.6 years|
|10 kW||$2.45||$17,150||$40,147||7.5 years|
|12 kW||$2.40||$20,168||$48,588||7.3 years|
|14 kW||$2.35||$23,050||$57,167||7.2 years|
|16 kW||$2.30||$25,794||$65,882||7.0 years|
|18 kW||$2.25||$28,400||$74,735||6.9 years|
|20 kW||$2.21||$30,870||$83,725||6.7 years|
How to Save on Solar Panels
There are numerous companies to choose from in Montgomery, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: The model of solar panel you need plays a part in which installer you should choose, since different companies have access to different panels.
- Installation Process: Make sure you're aligned with the installer with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating your electrical system or roof.
- Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the gold standard in the business, and offering such a warranty is one sign of a good company.
- Contract: When reading over your solar company's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
EcoWatch's Montgomery, AL Solar Cost FAQs
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.