Solar Panel Cost Guide in Opelika, AL (Aug 2022)

  • Opelika Solar Installation Cost: $16,118
  • 25-Year Savings: $32,456
  • Payback Period: 8.3 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 7/19/2022

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Average Cost of Solar Panels in Opelika

Find out what the average cost of solar panels are in Opelika.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Opelika, the average cost of solar panels is $2 per watt. Since an 8.9-kW system is needed to cover the energy costs of a typical home in Opelika, the average price of going solar will be about $16,118 before claiming the federal solar tax credit.

These figures are only estimates, and how much solar costs for you will most likely look different based on factors unique to your home and what company you go with. Many homeowners find installing a solar system is a sound investment. The average homeowner in Opelika can save around $21,000 on their power bills over 20 years.

To get a free quote from a highly rated solar installer in Opelika, you can click the button below.

Solar savings over time in Opelika

Year Return on Investment
1 years $-14,175
3 years $-10,289
5 years $-6,403
7 years $-2,517
9 years $1,369
11 years $5,255
13 years $9,141
15 years $13,026
17 years $16,912
19 years $20,798
21 years $24,684
23 years $28,570
25 years $32,456

Top Solar Installers in Opelika

Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Going with a solar company can make your switch to solar much easier. Solar installers offer key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.

If you'd like to switch to solar energy but still aren't sure which solar installer to go with, here are our suggestions for providers nearby:

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 Opelika

Factors that Affect Solar Panel Costs in Opelika

Cost is often one of the most important factors for homeowners considering investing in solar. There are a few major factors that determine your overall cost in Opelika: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.

Solar Equipment Size

The size of the system you need is one of the largest factors that influences the overall cost of installing solar panels. That's why it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your electric bills. In addition, extra products, such as solar batteries, can bump up your total well above the Opelika average.

Solar Financing Terms

Most solar companies in Opelika offer solar loans, which reduce the initial cost of installing solar. You'll have to consider the long-term cost of financing options, including the amount of 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 securing a solar loan with a low APR could reduce your costs significantly.

Solar Panel Installation Company

Finally, the company you get to install your solar panels can impact how much it costs. Opelika's solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices because of their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions 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 $11,313 $21,474 8.6 years
8 kW $2.50 $14,794 $28,922 8.5 years
10 kW $2.45 $18,130 $36,515 8.3 years
12 kW $2.40 $21,321 $44,254 8.1 years
14 kW $2.35 $24,367 $52,137 8.0 years
16 kW $2.30 $27,268 $60,165 7.8 years
18 kW $2.25 $30,023 $68,339 7.6 years
20 kW $2.21 $32,634 $76,657 7.5 years

Solar Incentives in Opelika

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 company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:

  • Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
  • Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should acquire and what the project timeline is.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely have a good reputation and are qualified to do the job well. Another way you can research your installer's reputation is by reading reviews.
  • Contract: It's important to read through your solar installer's contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.

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 Opelika, AL Solar Cost FAQs

What is the average cost of installing solar panels in Opelika?

This is a tough question to answer precisely, because the cost depends on a few different 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 above-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or less expensive solar panels.

Can you get solar panels for free in Opelika?

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

Is it worth going solar in Opelika?

Solar panels can be a beneficial investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already pretty low, solar panels might not be for you.

How often do you have to replace solar panels?

Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them after having them for that long or you can continue to use them at a lower efficiency.

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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