Solar Panel Cost Guide in Priceville, AL (2024 Update)
- Priceville Solar Installation Cost: $22,735
- 25-Year Savings: $14,473
- Payback Period: 18.7 Years
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Average Cost of Solar Panels in Priceville
See how much it might cost to make the switch to solar in Priceville.
While the national average of solar panels is $2.66 per watt, solar panels in Priceville typically cost about 3.Using this figure, a typical 9.3-kW system would cost about $22,735 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Priceville homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.For many homeowners, the upfront cost of solar power is worth paying. On average Priceville homeowners see about $13,000 in savings on energy bills over 20 years.
Click the button below to get connected to a top solar company in Priceville for a personalized estimate.
Solar savings over time in Priceville
| Year | Return on Investment |
|---|---|
| 1 years | $-21,315 |
| 3 years | $-18,476 |
| 5 years | $-15,637 |
| 7 years | $-12,797 |
| 9 years | $-9,958 |
| 11 years | $-7,119 |
| 13 years | $-4,279 |
| 15 years | $-1,440 |
| 17 years | $1,399 |
| 19 years | $4,239 |
| 21 years | $7,078 |
| 23 years | $9,917 |
| 25 years | $12,757 |
Top Solar Installers in Priceville
Installing solar panels yourself can be a dangerous project, which is why using a solar installation company is a good option for many homeowners. A solar installer can also help save you money over the lifespan of your system by providing warranties, repairs and part replacements.
Working with a licensed solar installer can make going solar easier. Here are our recommendations:
Best National Provider
SunPower
- 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
- 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 Priceville
Factors that Affect Solar Panel Costs in Priceville
The cost of installing a solar system in Priceville can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend around $3,490 per kilowatt in Priceville.There are many different solar panel brands and the one you pick also changes the cost. Typically, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That’s why many Priceville homeowners choose to finance their solar panel systems to make paying for solar more affordable.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
The solar company you choose to handle your switch to renewable energy can play a part in your total costs. There are about 3 solar installation companies operating in Priceville, and each can charge different amounts for labor and equipment.The size of the company sometimes plays the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger companies.
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 | $4,377 | 19.4 years |
| 8 kW | $3.56 | $19,935 | $6,226 | 19.1 years |
| 10 kW | $3.49 | $24,430 | $8,272 | 18.7 years |
| 12 kW | $3.42 | $28,730 | $10,512 | 18.3 years |
| 14 kW | $3.35 | $32,834 | $12,948 | 17.9 years |
| 16 kW | $3.28 | $36,743 | $15,580 | 17.6 years |
| 18 kW | $3.21 | $40,456 | $18,407 | 17.2 years |
| 20 kW | $3.14 | $43,974 | $21,429 | 16.8 years |
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. Since picking a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
- Installation Process: When making the switch to solar power, it’s crucial to maintain an open line of communication with your solar panel installer. See to it that you understand how the installation process will go and the project completion timeline.
- Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
Best National Provider
SunPower
- 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
- 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 Priceville, AL Solar Cost FAQs
What is the average cost of installing solar panels in Priceville?
The average cost of solar panels in Priceville is about $17,450 for a 5-kW system and $34,900 for a 10-kW system before the ITC, but the actual cost will depend on things such as the model of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Priceville?
Leasing solar panels can be an attractive choice, as it typically comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to get the most savings.
Can you sell solar power back to the grid in Priceville?
Most states have net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Priceville?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases 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.