Solar Panel Cost Guide in Spanish Fort, AL (Jan 2023)
- Spanish Fort Solar Installation Cost: $14,698
- 25-Year Savings: $33,189
- Payback Period: 7.7 Years
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Top Solar Installers in Spanish Fort
Many homeowners opt for a solar installation company since installing solar panels on your own can be a labor-intensive endeavor. The expertise that solar companies provide can be valuable as well, particularly if you don't quite know what type of solar equipment would be right for your home.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Spanish Fort
Factors that Affect Solar Panel Costs in Spanish Fort
Even though the average cost of a solar system in Spanish Fort is $14,698, your final cost may be above or below the average. There are many factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
When it comes to estimating the price of a solar system in Spanish Fort, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy consumption, which you can figure out by looking at past power bills. Your overall cost can increase by around $2,450 for each additional kilowatt you need. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Spanish Fort, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited 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 a solar system out of pocket can be challenging. Solar loans are available from most installers in Spanish Fort, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible. However, the interest on solar loans also adds to your overall costs, so it's important to consider that as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar panel installer you pick will affect your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor. Larger national companies typically have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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||$22,829||8.0 years|
|8 kW||$2.50||$13,994||$30,714||7.8 years|
|10 kW||$2.45||$17,150||$38,735||7.7 years|
|12 kW||$2.40||$20,168||$46,894||7.5 years|
|14 kW||$2.35||$23,050||$55,190||7.4 years|
|16 kW||$2.30||$25,794||$63,623||7.2 years|
|18 kW||$2.25||$28,400||$72,193||7.1 years|
|20 kW||$2.21||$30,870||$80,900||6.9 years|
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Solar Panel Brands: Different companies offer various brands and types of panels. If you know you want a specific brand, make sure the solar company you're considering has it.
- Contract: Look through the contract terms carefully to make sure you understand the overall cost, completion timeline rebates and warranties.
- Reputation: Long-standing companies likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
EcoWatch's Spanish Fort, 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.