Solar Panel Cost Guide in Tarrant, AL (2024 Update)
- Tarrant Solar Installation Cost: $22,260
- 25-Year Savings: $33,519
- Payback Period: 11.3 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Tarrant
Here’s how much it might cost to install solar panels in Tarrant.
Although the national average of solar panels is $2.66 per watt, solar panels in Tarrant generally cost around 3.To account for the typical energy usage of the average home in Tarrant, most homeowners require a 9.1-kilowatt system. Using the figure above, a solar installation costs around $22,260, or $31,832 before the federal solar tax credit of 0 is applied.
Keep in mind that the figures above are only estimates based on the average Tarrant homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.With typical savings of about $20,000 on electricity bills over 20 years, many homeowners in Tarrant find investing in solar can be quite rewarding.
You can click the button below to get connected with a top solar installer in Tarrant that can help you get a more accurate cost estimate for your home.
Solar savings over time in Tarrant
| Year | Return on Investment |
|---|---|
| 1 years | $-20,413 |
| 3 years | $-16,718 |
| 5 years | $-13,022 |
| 7 years | $-9,327 |
| 9 years | $-5,632 |
| 11 years | $-1,937 |
| 13 years | $1,758 |
| 15 years | $5,453 |
| 17 years | $9,148 |
| 19 years | $12,844 |
| 21 years | $16,539 |
| 23 years | $20,234 |
| 25 years | $23,929 |
Top Solar Installers in Tarrant
Many homeowners choose to hire a solar panel installer since figuring out how to install solar panels by yourself can be a lot of work. Companies can also have access to various kinds of the best solar panels and help you pick which one will be right for you.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some near you:
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 Tarrant
Factors that Affect Solar Panel Costs in Tarrant
The cost of installing a solar system in Tarrant can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the price of a solar panel system in Tarrant, one of the most important 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 consumption, which you can figure out by looking at past power bills. Your total cost can increase by around $3,490 for each additional kilowatt you need.The brand and kind of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Tarrant to be too steep, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in higher prices over time due to interest.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar company you select will affect your total cost to make the switch to solar . Different companies will bill different amounts for the equipment and labor.Larger national companies usually have lower costs, but some local companies compete 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 car 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 | $3.63 | $15,244 | $17,117 | 11.8 years |
| 8 kW | $3.56 | $19,935 | $23,214 | 11.6 years |
| 10 kW | $3.49 | $24,430 | $29,506 | 11.3 years |
| 12 kW | $3.42 | $28,730 | $35,994 | 11.1 years |
| 14 kW | $3.35 | $32,834 | $42,677 | 10.9 years |
| 16 kW | $3.28 | $36,743 | $49,555 | 10.6 years |
| 18 kW | $3.21 | $40,456 | $56,629 | 10.4 years |
| 20 kW | $3.14 | $43,974 | $63,898 | 10.2 years |
How to Save on Solar Panels
There are a lot of companies available in Tarrant, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. While there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to ask for their list of offerings before making your decision.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a couple decades are the gold standard in the business, and offering that kind of warranty is one indication of a quality company.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Contract: When looking over your solar installer’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
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 Tarrant, AL Solar Cost FAQs
What is the average cost of installing solar panels in Tarrant?
The average cost of solar panels in Tarrant 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 things such as the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Tarrant?
You can’t get solar panels for free in Tarrant. However, you may still be able to install 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 how much your home is worth?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Tarrant is currently $68,926, which means you can look forward to a value of about $2,826 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Tarrant is a rewarding investment.
How long do solar panels last in Tarrant?
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.