Solar Panel Cost Guide in Phenix City, AL (Feb 2023)
- Phenix City Solar Installation Cost: $15,161
- 25-Year Savings: $34,582
- Payback Period: 7.6 Years
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Top Solar Installers in Phenix City
Putting up solar panels yourself can be a difficult task, which is why getting a solar installer is a good option for many homeowners. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and system component replacements.
If you'd like to make the switch to solar but still aren't certain which solar installer to go with, here are our suggestions for providers in Phenix City:
See all of the solar companies in Phenix City
Factors that Affect Solar Panel Costs in Phenix City
There are many factors that can play into your total 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.
When it comes to estimating the price of a solar system in Phenix City, 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 usage, which you can gauge by looking at past power bills. Your total cost can increase by around $2,450 for each additional kilowatt you need. The brand of solar panels and equipment you want is another factor that will significantly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. Plus, solar equipment goes beyond just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking into a solar system that's in your budget.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That's why many Phenix City homeowners choose to finance their solar panel systems to make paying for solar more affordable. However, the interest on solar loans also increases your total costs, so it's crucial to include that in your estimate as well. You can always bring down the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installer you go with to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar installation companies operating throughout Phenix City, and each can charge varying amounts for labor and equipment. Larger national companies usually have lower costs, but some local companies compete with 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 car 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||$2.55||$10,702||$23,063||7.9 years|
|8 kW||$2.50||$13,994||$31,025||7.8 years|
|10 kW||$2.45||$17,150||$39,124||7.6 years|
|12 kW||$2.40||$20,168||$47,360||7.5 years|
|14 kW||$2.35||$23,050||$55,734||7.3 years|
|16 kW||$2.30||$25,794||$64,244||7.2 years|
|18 kW||$2.25||$28,400||$72,892||7.0 years|
|20 kW||$2.21||$30,870||$81,678||6.9 years|
How to Save on Solar Panels
There are many companies available in Phenix City, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you opt for.
- Contract: It's important to read your solar installer's contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Installation Process: When making the switch to solar energy, it's crucial to keep an open line of communication with your solar panel installer. Make sure you understand how the installation process works and the completion timeline.
EcoWatch's Phenix City, 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.