Solar Panel Cost Guide in Satsuma, AL (Feb 2023)

  • Satsuma Solar Installation Cost: $14,629
  • 25-Year Savings: $36,699
  • Payback Period: 7.1 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

Why you can trust EcoWatch

We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Satsuma

Find out what the average cost of solar panel installation is in Satsuma.

While the national average of solar panels is $2.66 per watt, solar panels in Satsuma typically cost about $2. The average Satsuma homeowner needs a 8.5-kilowatt system, which would cost about $14,629, or $10,825 after the federal solar tax credit of 30% is applied.

The true cost of your system can be above or below the average in Satsuma based on a few factors, such as the type of solar panels you choose and the solar contractor you hire. Even with the large initial cost, the average Satsuma homeowner can save around $23,000 on their electricity bills over 20 years, which is one of the perks of solar.

You can click the button below to get connected with a pre-vetted solar installer in Satsuma for a quote for your home.

Solar savings over time in Satsuma

Year Return on Investment
1 years $-12,576
3 years $-8,470
5 years $-4,363
7 years $-257
9 years $3,849
11 years $7,955
13 years $12,061
15 years $16,168
17 years $20,274
19 years $24,380
21 years $28,486
23 years $32,593
25 years $36,699

Top Solar Installers in Satsuma

Putting up solar panels by yourself can be a difficult undertaking, which is why using a solar installer is a good option for many homeowners. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long term with their warranties, repair services and expert design.

Working with a professional solar company can make going solar easier. Here are our recommendations:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • 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

The cost of installing a solar system in Satsuma can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar installer you choose.

Solar Equipment

When it comes to estimating the cost of a solar energy system in Satsuma, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy usage, which you can figure out by looking at past electricity bills. Your overall cost can increase by about $2,450 for each additional kilowatt you need. The type of solar panels and equipment you want is another factor that will largely influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment consists of more than just the solar panels themselves. You'll also need to think 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 searching for a solar system that's in your budget.

Solar Financing Terms

If paying for solar panels in cash is too expensive, solar loans are a popular option because they reduce your upfront costs and allow you to pay for your system over five to seven years on average. When estimating your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.

Solar Panel Installation Company

The solar company you opt for to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar installation companies in Satsuma, and each can charge varying 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 choose a company that has the products, warranties and services you're looking for and also fits 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 $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:

  • Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like the EcoWatch team.
  • Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
  • Contract: Though reading through a contract can be tedious, it's important to do it fully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
  • Warranty: An all-inclusive, long-term warranty can help keep your solar panel system running for years to come and save you money on part replacement and repairs.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • 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

How much does it cost to install solar panels in Satsuma?

This is a difficult question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $12,250 for a 5-kW system and $24,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.

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 afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.

Do solar panels increase your property value?

Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Satsuma is currently $149,648, so you can expect a value of about $6,136 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Satsuma is a fruitful investment.

How long do solar panels last in Satsuma?

Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can choose to replace them once you've had them for that long or you can continue to use them at a lower efficiency.

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.

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