Solar Panel Cost Guide in Tarrant, AL (2023 Update)
- Tarrant Solar Installation Cost: $15,627
- 25-Year Savings: $33,519
- Payback Period: 7.9 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Tarrant
Find out what the average cost of installing solar panels is in Tarrant.
The average cost of a solar panel system in Tarrant is 2.45 per watt. Since a 9.1-kW system is needed to cover the energy needs of a typical home in Tarrant, the average price of going solar will be about $15,624 after claiming the federal solar tax credit of 30%.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy needs, the type of solar system you choose, your solar contractor and more. With average savings of about $20,000 on utility bills over 20 years, many homeowners in Tarrant find installing solar panels has a decent ROI.
Click the button below to get connected to a vetted solar panel company in your area for a customized estimate.
Solar savings over time in Tarrant
| Year | Return on Investment |
|---|---|
| 1 years | $-15,463 |
| 3 years | $-15,135 |
| 5 years | $-14,808 |
| 7 years | $-14,480 |
| 9 years | $-14,153 |
| 11 years | $-13,825 |
| 13 years | $-13,497 |
| 15 years | $-13,170 |
| 17 years | $-12,842 |
| 19 years | $-12,514 |
| 21 years | $-12,187 |
| 23 years | $-11,859 |
| 25 years | $-11,531 |
Top Solar Installers in Tarrant
Installing solar panels yourself can be a dangerous project, which is why getting a solar installation company is a good option for many homeowners. Another upside of working with a solar company is that they can help you maximize your investment by cutting back on future costs of repairs and replacements with the help of warranties and helping you learn about local incentives you can take advantage of.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
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
There are many criteria that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to spend around $2,450 per kilowatt in Tarrant. There are a lot of different solar panel brands and the one you pick also changes the cost. In many cases, the brands that are more efficient tend to also cost more. Additionally, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That's why many Tarrant homeowners decide to finance their solar panel systems to make going solar more affordable. However, the interest on solar loans also adds to your total costs, so it's important to keep that in mind as well. You can always lower the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar panel installer you select will play a role in your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor. You may come across national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $21,660 | 8.3 years |
| 8 kW | $2.50 | $13,994 | $29,154 | 8.1 years |
| 10 kW | $2.45 | $17,150 | $36,786 | 7.9 years |
| 12 kW | $2.40 | $20,168 | $44,555 | 7.8 years |
| 14 kW | $2.35 | $23,050 | $52,461 | 7.6 years |
| 16 kW | $2.30 | $25,794 | $60,504 | 7.5 years |
| 18 kW | $2.25 | $28,400 | $68,684 | 7.3 years |
| 20 kW | $2.21 | $30,870 | $77,002 | 7.2 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose greatly influences your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Even though reading through a contract can be tedious, it's important to do it thoroughly so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Warranty: A comprehensive, long-term warranty can help keep your solar panel system running smoothly and save you money on repairs and maintenance.
- Solar Panel Brands: Different companies will offer different brands and models of panels. If you want a specific brand, make sure the solar company you're considering has it.
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?
This is a hard question to answer precisely, because the cost depends on a few different 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. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the other hand, 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 Tarrant?
You can't get solar panels for free in Tarrant. However, you may still be able to get 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 the value of your home?
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 Tarrant is currently $79,900, so you could be looking at a value of about $3,276 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Tarrant is a worthwhile investment.
How long do solar panels last in Tarrant?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can 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.