Solar Panel Cost Guide in Satsuma, AL (2024 Update)
- Satsuma Solar Installation Cost: $20,849
- 25-Year Savings: $36,692
- Payback Period: 10.2 Years
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Average Cost of Solar Panels in Satsuma
Find out what the average cost of solar panel installation is in Satsuma.
In Satsuma, solar panels cost about 3 per watt on average.Using this figure, a typical 8.5-kW system would cost about $20,849 before the 0 federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy use, the type of solar panels you choose, your solar contractor and more.For most homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $23,000 in savings on utility bills over 20 years.
To receive a free estimate from a top solar installer in Satsuma, you can click the button below.
Solar savings over time in Satsuma
| Year | Return on Investment |
|---|---|
| 1 years | $-19,001 |
| 3 years | $-15,306 |
| 5 years | $-11,611 |
| 7 years | $-7,916 |
| 9 years | $-4,221 |
| 11 years | $-526 |
| 13 years | $3,170 |
| 15 years | $6,865 |
| 17 years | $10,560 |
| 19 years | $14,255 |
| 21 years | $17,950 |
| 23 years | $21,645 |
| 25 years | $25,340 |
Top Solar Installers in Satsuma
Installing solar panels on your own can be a difficult task, 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 system component replacements.
If you're searching for a solar installer in Satsuma, we've put together 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 Satsuma
Factors that Affect Solar Panel Costs in Satsuma
For many Satsuma homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Satsuma, 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
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. That’s why it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Satsuma, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are available from most installers in Satsuma, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible.It’s wise 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 the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
Finally, the company you choose to install your solar panel system can play a part in determining how much it costs. Satsuma’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Satsuma know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. 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 | $3.63 | $15,244 | $20,842 | 10.6 years |
| 8 kW | $3.56 | $19,935 | $28,180 | 10.4 years |
| 10 kW | $3.49 | $24,430 | $35,713 | 10.2 years |
| 12 kW | $3.42 | $28,730 | $43,442 | 10.0 years |
| 14 kW | $3.35 | $32,834 | $51,367 | 9.7 years |
| 16 kW | $3.28 | $36,743 | $59,487 | 9.5 years |
| 18 kW | $3.21 | $40,456 | $67,802 | 9.3 years |
| 20 kW | $3.14 | $43,974 | $76,313 | 9.1 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: Different companies carry different brands and kinds of panels. If you prefer a specific brand, make sure the solar panel installer you’re considering has it.
- 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.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it carefully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Warranty: Warranties that cover panel repairs and maintenance over around 25 years are the best you can get in the business, and offering such a warranty is one indication of a quality company.
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 Satsuma, AL Solar Cost FAQs
What is the average cost of installing solar panels in Satsuma?
The average cost of solar panels in Satsuma 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 certain factors like the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Satsuma?
You can’t get solar panels for free in Satsuma. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Is going solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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.