Solar Panel Cost Guide in Prichard, AL (Jan 2023)
- Prichard Solar Installation Cost: $14,629
- 25-Year Savings: $36,699
- Payback Period: 7.1 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Top Solar Installers in Prichard
Many homeowners opt for a solar panel installer since figuring out how to install solar panels yourself can be challenging. Solar warranties and repairs are usually included in the cost of installation when you go with a solar company too, which can save you more money after your upfront investment.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some in Prichard:
See all of the solar companies in Prichard
Factors that Affect Solar Panel Costs in Prichard
For many Prichard homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Prichard, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you'll pay, which we'll go over below.
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,450. There are a lot of different solar panel brands and the one you choose also changes the cost. Generally speaking, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Prichard to be too steep, even if the investment pays off over time. Fortunately, nearly every solar installer in the area offers financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also lead to paying more over time because of interest. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The last key cost factor you should consider is the installer you choose. Given the massive popularity of renewable energy solutions in Prichard, you'll have plenty of options to choose from, but each comes at varying price points for labor and equipment. Additionally, some companies in Prichard have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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||$25,384||7.4 years|
|8 kW||$2.50||$13,994||$34,120||7.3 years|
|10 kW||$2.45||$17,150||$42,993||7.1 years|
|12 kW||$2.40||$20,168||$52,004||7.0 years|
|14 kW||$2.35||$23,050||$61,151||6.8 years|
|16 kW||$2.30||$25,794||$70,436||6.7 years|
|18 kW||$2.25||$28,400||$79,858||6.6 years|
|20 kW||$2.21||$30,870||$89,417||6.4 years|
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for a long time and save you money on repairs and maintenance.
- Solar Panel Brands: Different companies carry different brands and models of panels. If you want a specific brand, make sure the solar panel installer you're considering has it.
EcoWatch's Prichard, 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.