Solar Panel Cost Guide in Ozark, AL (2024 Update)
- Ozark Solar Installation Cost: $21,278
- 25-Year Savings: $36,574
- Payback Period: 10.3 Years
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Average Cost of Solar Panels in Ozark
Here’s how much it might cost to install solar panels in Ozark.
In Ozark, solar panels cost about 3 per watt on average.To cover the typical energy usage of the average home in Ozark, most homeowners require a 8.7-kilowatt system. Using the per-watt figure above, a solar installation costs about $21,278, or $30,428 before the federal solar tax credit of 0 is applied.
These figures are only estimates, and your own solar costs will vary based on your specific situation and what company you go with.Many homeowners find going solar is a sound investment. The average homeowner in Ozark can save about $22,000 on their power bills over 20 years.
Click the button below to get connected to a top solar company in Ozark for a customized quote.
Solar savings over time in Ozark
Year | Return on Investment |
---|---|
1 years | $-19,431 |
3 years | $-15,736 |
5 years | $-12,040 |
7 years | $-8,345 |
9 years | $-4,650 |
11 years | $-955 |
13 years | $2,740 |
15 years | $6,435 |
17 years | $10,130 |
19 years | $13,826 |
21 years | $17,521 |
23 years | $21,216 |
25 years | $24,911 |
Top Solar Installers in Ozark
Many homeowners opt for a solar installer since trying to put up solar panels yourself can be challenging. Since solar panels are exposed to the elements every day, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
If you’d like to go solar but still aren’t sure which solar system company to go with, here are our recommendations for providers nearby:
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 Ozark
Factors that Affect Solar Panel Costs in Ozark
There are several criteria that can influence your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,490.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Ozark, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited 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
Many homeowners find the average cost of solar in Ozark to be too costly, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in higher prices over time due to interest.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’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The solar panel installation company you pick will affect your total cost to make the switch to solar energy. Different companies will charge different amounts for the equipment and labor.Companies that 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 come with an above-average cost. It’s best to do some research and choose a company that has the products, warranties and services you’re looking for and also is 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 | $3.63 | $15,244 | $20,240 | 10.7 years |
8 kW | $3.56 | $19,935 | $27,378 | 10.5 years |
10 kW | $3.49 | $24,430 | $34,711 | 10.3 years |
12 kW | $3.42 | $28,730 | $42,240 | 10.1 years |
14 kW | $3.35 | $32,834 | $49,964 | 9.9 years |
16 kW | $3.28 | $36,743 | $57,883 | 9.7 years |
18 kW | $3.21 | $40,456 | $65,998 | 9.5 years |
20 kW | $3.14 | $43,974 | $74,308 | 9.3 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:
- Contract: It’s important to look over your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Warranty: If you care about the longevity of your solar system, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable 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 positive reviews from past customers.
- Installation Process: Make sure you’re on the same page with the company regarding how the installation process will go and what you need to do before your solar system is installed, such as updating your electrical system or roof.
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 Ozark, AL Solar Cost FAQs
How much does it cost to install solar panels in Ozark?
The average cost of solar panels in Ozark is about $17,450 for a 5-kW system and $34,900 for a 10-kW system before the ITC, but the real cost will depend on things like the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider apart from cost when buying solar panels?
The upfront cost is a key factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Ozark?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future energy bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
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.