Solar Panel Cost Guide in Mountain Brook, AL (2024 Update)
- Mountain Brook Solar Installation Cost: $22,260
- 25-Year Savings: $23,929
- Payback Period: 10.8 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Mountain Brook
Find out how much it might cost to switch to solar power in Mountain Brook.
The national average cost of solar panels is $2.66 per watt, but in Mountain Brook it’s 3 per watt.The average Mountain Brook homeowner needs a 9.1-kilowatt system, which would cost about $22,260 with the federal tax credit, or $31,832 before the 0 tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy needs, the type of equipment you want, your solar contractor and more.Many homeowners find installing a solar system is a solid investment. The average homeowner in Mountain Brook can save around $21,000 on their power bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Mountain Brook that can help you get a more accurate cost estimate for your home.
Solar savings over time in Mountain Brook
Year | Return on Investment |
---|---|
1 years | $-20,413 |
3 years | $-16,718 |
5 years | $-13,022 |
7 years | $-9,327 |
9 years | $-5,632 |
11 years | $-1,937 |
13 years | $1,758 |
15 years | $5,453 |
17 years | $9,148 |
19 years | $12,844 |
21 years | $16,539 |
23 years | $20,234 |
25 years | $23,929 |
Top Solar Installers in Mountain Brook
When going solar, many homeowners choose to use a solar installer since handling can be a time-consuming project. The expertise that solar companies offer can be valuable as well, especially if you don’t quite know what brand of solar equipment would be right for your home.
If you're looking for a solar installer in Mountain Brook, we've organized a list of our top suggestions here:
Best Technology
Tesla Energy
- 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 Mountain Brook
Factors that Affect Solar Panel Costs in Mountain Brook
For many Mountain Brook homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Mountain Brook, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar panel system in Mountain Brook, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy consumption, which you can determine by looking at past electricity bills. Your overall cost can increase by around $3,490 for each additional kilowatt you need.The kind of solar panels and equipment you get is another factor that will substantially impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are available from most installers in Mountain Brook, which can lower, or in some cases completely eliminate, your upfront costs to make solar more accessible.When considering your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Mountain Brook is the company you get to install your solar system. Similar to choosing a company to install new cabinets, for example, there’s no shortage of solar installers that offer a range of services at different costs.Larger national companies generally have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra 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 | $3.63 | $15,244 | $18,554 | 11.3 years |
8 kW | $3.56 | $19,935 | $25,129 | 11.1 years |
10 kW | $3.49 | $24,430 | $31,900 | 10.8 years |
12 kW | $3.42 | $28,730 | $38,866 | 10.6 years |
14 kW | $3.35 | $32,834 | $46,028 | 10.4 years |
16 kW | $3.28 | $36,743 | $53,385 | 10.2 years |
18 kW | $3.21 | $40,456 | $60,938 | 10.0 years |
20 kW | $3.14 | $43,974 | $68,686 | 9.8 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Mountain Brook, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you choose.
- Contract: When looking over your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Reputation: Companies that have been in business for many years likely have a solid 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.
Best Technology
Tesla Energy
- 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 Mountain Brook, AL Solar Cost FAQs
How much does it cost to install solar panels in Mountain Brook?
This is a hard question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $17,450 for a 5-kW system and $34,900 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Are solar panels free in Mountain Brook?
You can’t get solar panels for free in Mountain Brook. 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?
Solar panels can be a beneficial investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already fairly low, solar panels might not be for you.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.