Solar Panel Cost Guide in Springville, AL (2024 Update)
- Springville Solar Installation Cost: $22,355
- 25-Year Savings: $35,634
- Payback Period: 10.9 Years
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Average Cost of Solar Panels in Springville
Find out what the average cost of installing solar panels is in Springville.
In Springville, solar panels cost about 3 per watt on average.Since a 9.2-kW system is needed to cover the energy usage of a typical home in Springville, the average price of going solar will be about $22,355 after claiming the federal solar tax credit of 0.
The actual price you pay can go higher or lower than the average in Springville depending on several factors, such as the type of solar panels you choose and the solar contractor you hire.For many homeowners, the upfront investment in solar is worth paying. On average you could be looking at about $21,000 in savings on energy bills over 20 years.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Springville
| Year | Return on Investment |
|---|---|
| 1 years | $-20,507 |
| 3 years | $-16,812 |
| 5 years | $-13,117 |
| 7 years | $-9,422 |
| 9 years | $-5,727 |
| 11 years | $-2,032 |
| 13 years | $1,663 |
| 15 years | $5,359 |
| 17 years | $9,054 |
| 19 years | $12,749 |
| 21 years | $16,444 |
| 23 years | $20,139 |
| 25 years | $23,834 |
Top Solar Installers in Springville
Many homeowners opt for a solar installation company since trying to put up solar panels on your own can be challenging. In addition, if you’d like to maximize your investment in solar energy, opting for a solar installer can help with that too. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives.
Working with a professional solar company can make going solar easier. Here are our recommendations:
Best National Provider
SunPower
- 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
- 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 Springville
Factors that Affect Solar Panel Costs in Springville
Even though the average cost of a solar system in Springville is $22,355, your final cost may be higher or lower than that. There are many factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,490. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Springville, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That’s why many Springville homeowners opt to finance their solar panel systems to make going solar more affordable.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The remaining significant cost factor you should consider is the installer you choose. Given the massive popularity of renewable energy solutions in Springville, you’ll have a great number of options to choose from, but each comes at different price points for labor and equipment.The size of the company sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger companies.
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 | $18,411 | 11.3 years |
| 8 kW | $3.56 | $19,935 | $24,938 | 11.1 years |
| 10 kW | $3.49 | $24,430 | $31,661 | 10.9 years |
| 12 kW | $3.42 | $28,730 | $38,580 | 10.7 years |
| 14 kW | $3.35 | $32,834 | $45,694 | 10.5 years |
| 16 kW | $3.28 | $36,743 | $53,004 | 10.2 years |
| 18 kW | $3.21 | $40,456 | $60,509 | 10.0 years |
| 20 kW | $3.14 | $43,974 | $68,209 | 9.8 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Different companies have various brands and kinds of panels. If you prefer a specific brand, make sure the solar panel installer you’re considering has it.
- Installation Process: When making the switch to solar power, it’s necessary to keep an open line of communication with your solar panel company. Make sure you understand how the installation process will go and the project completion timeline.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Warranty: Warranties that cover panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one indication of a good company.
Best National Provider
SunPower
- 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
- 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 Springville, AL Solar Cost FAQs
How much does it cost to install solar panels in Springville?
The average cost of solar panels in Springville is about $17,450 for a 5-kW system and $34,900 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Springville?
A solar panel system isn’t free in Springville, 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 can help lower the cost.
Can you sell solar power back to the grid in Springville?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future energy bills.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases 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.