Solar Panel Cost Guide in Tallassee, AL (Mar 2023)
- Tallassee Solar Installation Cost: $15,212
- 25-Year Savings: $34,665
- Payback Period: 7.6 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated March 14, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Tallassee
Let's have a look at the average cost of solar panels in Tallassee.
In Tallassee, solar panels cost about 2.45 per watt on average. The average solar panel system size in Tallassee is around 8.9 kilowatts, meaning a cost of about $15,212 for a solar installation, or $21,753 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The exact cost of making the switch to solar can vary quite a bit depending on multiple factors, such as what size system you need, your energy consumption and what company you go with. But, after you've paid the initial cost of installation, the savings for most homeowners is quite rewarding, with a net average savings of about $21,000 over 20 years on power bills.
To get a free quote from a top solar company in Tallassee, you can click the button below.
Solar savings over time in Tallassee
| Year | Return on Investment |
|---|---|
| 1 years | $-13,217 |
| 3 years | $-9,227 |
| 5 years | $-5,237 |
| 7 years | $-1,247 |
| 9 years | $2,744 |
| 11 years | $6,734 |
| 13 years | $10,724 |
| 15 years | $14,714 |
| 17 years | $18,704 |
| 19 years | $22,694 |
| 21 years | $26,684 |
| 23 years | $30,675 |
| 25 years | $34,665 |
Top Solar Installers in Tallassee
When switching to solar energy, many homeowners prefer to go with a solar company since installing solar panels yourself can be a challenging project. Plus, if you aren't sure what type of solar panels and equipment you need, a solar installer can help you find the right equipment for you after a site survey and consultation.
Working with a licensed solar installer can help your solar project go smoothly. Here are our recommendations:
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 Tallassee
Factors that Affect Solar Panel Costs in Tallassee
For many Tallassee homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Tallassee, with typical prices between $20,000 to $40,000. There are a few 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 crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use. The type of solar panels and equipment you choose is another factor that will greatly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Moreover, solar equipment is more than just the solar panels themselves. You'll also need to make decisions 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 looking for a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are available from most installers in Tallassee, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more affordable. When estimating your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar installation company you choose will play a role in your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor. You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $23,048 | 7.9 years |
| 8 kW | $2.50 | $13,994 | $31,005 | 7.8 years |
| 10 kW | $2.45 | $17,150 | $39,099 | 7.6 years |
| 12 kW | $2.40 | $20,168 | $47,330 | 7.5 years |
| 14 kW | $2.35 | $23,050 | $55,699 | 7.3 years |
| 16 kW | $2.30 | $25,794 | $64,205 | 7.2 years |
| 18 kW | $2.25 | $28,400 | $72,848 | 7.0 years |
| 20 kW | $2.21 | $30,870 | $81,628 | 6.9 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 decide on 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 know you want a specific brand, make sure the solar panel installer you're considering has it.
- Contract: Before you sign a contract with a solar installer, be sure to read it through completely so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
- Installation Process: Make sure you're aligned with the installer with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
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 Tallassee, AL Solar Cost FAQs
How much does it cost to install solar panels in Tallassee?
The average cost of solar panels in Tallassee is about $12,250 for a 5-kW system and $24,500 for a 10-kW system before the ITC, but the real cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
The initial cost is a key factor to consider, but whether it's the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
How will having solar panels impact my property value?
Solar panels can increase the value of your home remarkably as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How long do solar panels last in Tallassee?
On average, the lifespan of solar panels is 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.