Solar Panel Cost Guide in Tillmans Corner, AL (Mar 2023)
- Tillmans Corner Solar Installation Cost: $14,629
- 25-Year Savings: $36,699
- Payback Period: 7.1 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Tillmans Corner
Find out what the average cost of solar panels are in Tillmans Corner.
The average cost of a solar panel system in Tillmans Corner is 2.45 per watt. The average Tillmans Corner homeowner needs a 8.5-kilowatt system, which would cost about $14,629 with the federal tax credit, or $20,919 before the 30% tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy use, the type of solar system you want, your solar contractor and more. But, once you've paid the upfront cost of installation, the payback for most homeowners is typically rewarding, with a net average savings of about $23,000 over 20 years on electricity bills.
To receive a free estimate from a pre-vetted solar company in Tillmans Corner, you can click the button below.
Solar savings over time in Tillmans Corner
| Year | Return on Investment |
|---|---|
| 1 years | $-12,576 |
| 3 years | $-8,470 |
| 5 years | $-4,363 |
| 7 years | $-257 |
| 9 years | $3,849 |
| 11 years | $7,955 |
| 13 years | $12,061 |
| 15 years | $16,168 |
| 17 years | $20,274 |
| 19 years | $24,380 |
| 21 years | $28,486 |
| 23 years | $32,593 |
| 25 years | $36,699 |
Top Solar Installers in Tillmans Corner
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Using a solar company can make your switch to solar power much easier. A solar installer can also help save you money in the long run by providing warranties, repairs and system component replacements.
Working with a vetted solar company can make going solar easier. 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 Tillmans Corner
Factors that Affect Solar Panel Costs in Tillmans Corner
There are several criteria that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. That's why it's important to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Tillmans Corner, where sunlight is abundant, efficiency can quickly pay off. Also, 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 solar out of pocket can be financially overwhelming. Solar loans are available from most installers in Tillmans Corner, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panels can impact how much you pay. Tillmans Corner's solar companies all have different labor costs and add varying upcharges to equipment. The company's size can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to more resources and bulk 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 down to compete with bigger names.
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 | $25,384 | 7.4 years |
| 8 kW | $2.50 | $13,994 | $34,120 | 7.3 years |
| 10 kW | $2.45 | $17,150 | $42,993 | 7.1 years |
| 12 kW | $2.40 | $20,168 | $52,004 | 7.0 years |
| 14 kW | $2.35 | $23,050 | $61,151 | 6.8 years |
| 16 kW | $2.30 | $25,794 | $70,436 | 6.7 years |
| 18 kW | $2.25 | $28,400 | $79,858 | 6.6 years |
| 20 kW | $2.21 | $30,870 | $89,417 | 6.4 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 models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Contract: When reading through your solar company's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Solar Panel Brands: Different companies will carry various brands and kinds of panels. If you prefer a specific brand, make sure the solar panel company you're considering has it.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
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 Tillmans Corner, AL Solar Cost FAQs
How much does it cost to install solar panels in Tillmans Corner?
This is a tough question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $12,250 for a 5-kW system and $24,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase your property value?
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 Tillmans Corner is currently $128,495, so you could be looking at a value of about $5,268 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Tillmans Corner is a worthwhile investment.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.