Solar Panel Cost Guide in Redland, AL (2023 Update)
- Redland Solar Installation Cost: $15,161
- 25-Year Savings: $35,741
- Payback Period: 7.4 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Redland
We go over average solar pricing in Redland.
The average cost of a solar panel system in Redland is 2.45 per watt. The average Redland homeowner needs a 8.8-kilowatt system, which would cost about $15,161 with the federal tax credit, or $21,680 before the 30% tax credit is applied.
The true cost of your system can go higher or lower than the average in Redland based on a variety of factors, such as the model of solar panels you choose and the solar installer you hire. For most homeowners, the upfront investment in solar is worth paying. On average Redland homeowners see about $22,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a top solar installer in Redland for a quote for your home.
Solar savings over time in Redland
| Year | Return on Investment |
|---|---|
| 1 years | $-13,125 |
| 3 years | $-9,052 |
| 5 years | $-4,980 |
| 7 years | $-908 |
| 9 years | $3,164 |
| 11 years | $7,236 |
| 13 years | $11,308 |
| 15 years | $15,380 |
| 17 years | $19,452 |
| 19 years | $23,524 |
| 21 years | $27,596 |
| 23 years | $31,669 |
| 25 years | $35,741 |
Top Solar Installers in Redland
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Going with a solar company can make your switch to solar power much easier. The expertise that solar installers offer can be useful as well, particularly if you don't quite know what type of solar equipment would be right for your home.
If you're searching for a solar company in Redland, we've compiled a list of our top suggestions here:
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 Redland
Factors that Affect Solar Panel Costs in Redland
For many Redland homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Redland, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That's why it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. The brand of solar panels and equipment you get is another factor that will considerably affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Moreover, solar equipment is more than just the solar panels themselves. You'll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are provided by most installers in Redland, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible. 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 can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar installer you go with to handle your switch to clean energy can play a role in your total costs. There are about 3 solar installation companies operating in Redland, and each can charge different amounts for labor and equipment. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and go with the 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 | $2.55 | $10,702 | $23,846 | 7.7 years |
| 8 kW | $2.50 | $13,994 | $32,069 | 7.6 years |
| 10 kW | $2.45 | $17,150 | $40,429 | 7.4 years |
| 12 kW | $2.40 | $20,168 | $48,926 | 7.3 years |
| 14 kW | $2.35 | $23,050 | $57,561 | 7.1 years |
| 16 kW | $2.30 | $25,794 | $66,333 | 7.0 years |
| 18 kW | $2.25 | $28,400 | $75,242 | 6.9 years |
| 20 kW | $2.21 | $30,870 | $84,288 | 6.7 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: Review the contract terms thoroughly to make sure you understand how much it will cost, project completion timeline rebates and warranties.
- Warranty: Warranties that cover panel repairs and maintenance over a couple decades are the gold standard in the business, and offering such a warranty is one indication of a quality company.
- Reputation: Companies that have been operating for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Different companies have various brands and models of panels. If you want a specific brand, make sure the solar installer you're considering has it.
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 Redland, AL Solar Cost FAQs
How much does it cost to install solar panels in Redland?
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. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Redland?
Solar panels aren't free in Redland, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is it worth going solar in Redland?
Solar panels can be a beneficial investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already pretty low, solar panels might not be for you.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.