Solar Panel Cost Guide in Russellville, AL (2025 Update)
- Russellville Solar Installation Cost: $22,652
- 25-Year Savings: $29,828
- Payback Period: 12.4 Years
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Average Cost of Solar Panels in Russellville
We break down average solar pricing in Russellville.
Although the national average of solar panels is $2.66 per watt, solar panels in Russellville typically cost about 3.To account for the typical energy usage of the average home in Russellville, most homeowners require a 9.3-kilowatt system. Using the per-watt figure above, a solar installation costs about $22,652, or $32,392 before the federal solar tax credit of 0 is applied.
How much you pay can go above or below the average in Russellville based on several factors, such as the model of solar panels you choose and the solar installer you hire.Many homeowners find installing a solar panel system is a solid investment. The average homeowner in Russellville can save about $19,000 on their electricity bills over 20 years.
To receive a free estimate from a highly rated solar installation company in Russellville, you can click the button below.
Solar savings over time in Russellville
Year | Return on Investment |
---|---|
1 years | $-20,805 |
3 years | $-17,110 |
5 years | $-13,415 |
7 years | $-9,719 |
9 years | $-6,024 |
11 years | $-2,329 |
13 years | $1,366 |
15 years | $5,061 |
17 years | $8,756 |
19 years | $12,452 |
21 years | $16,147 |
23 years | $19,842 |
25 years | $23,537 |
Top Solar Installers in Russellville
When going solar, many homeowners opt to use a solar installer since overseeing your solar installation yourself can be a difficult project. The payback period on an investment in solar panels will vary depending on factors like your roof configuration and energy consumption, but going with a solar installer can help you reach a break-even point sooner. Your provider will be able to help you identify incentives available in your area.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some near you:
See all of the solar companies in Russellville
Factors that Affect Solar Panel Costs in Russellville
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few key factors that affect your total cost in Russellville: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. Because of that, it’s a priority to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar companies in Russellville offer solar loans, which reduce your upfront costs of installing a solar system.Although solar loans make going solar more accessible for Russellville homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The remaining key cost factor you should keep in mind is the installer you choose. Given the booming popularity of clean energy solutions in Russellville, you’ll have lots of options to choose from, but each comes at varying price points for labor and equipment.Some companies 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 at a higher cost. It’s best to do some research and decide on the company that offers the products, warranties and services you’re looking for and also fit into 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 | $14,347 | 12.9 years |
8 kW | $3.56 | $19,935 | $19,520 | 12.6 years |
10 kW | $3.49 | $24,430 | $24,889 | 12.4 years |
12 kW | $3.42 | $28,730 | $30,453 | 12.1 years |
14 kW | $3.35 | $32,834 | $36,212 | 11.9 years |
16 kW | $3.28 | $36,743 | $42,167 | 11.6 years |
18 kW | $3.21 | $40,456 | $48,318 | 11.4 years |
20 kW | $3.14 | $43,974 | $54,663 | 11.1 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: Different companies offer various brands and kinds of panels. If you know you want a specific brand, make sure the solar panel company you’re considering has it.
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Before signing a contract with a solar company, make sure to read it through carefully so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
EcoWatch's Russellville, AL Solar Cost FAQs
How much does it cost to install solar panels in Russellville?
This is a difficult question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $17,450 for a 5-kW system and $34,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
What other factors should I consider other than cost when buying solar panels?
The initial cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
How will solar panels impact my property value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Russellville is currently $151,163, so you can expect a value of about $6,198 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Russellville is a worthwhile investment.
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 take a 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 get 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.