Solar Panel Cost Guide in Wetumpka, AL (Jan 2023)
- Wetumpka Solar Installation Cost: $15,161
- 25-Year Savings: $35,741
- Payback Period: 7.4 Years
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Top Solar Installers in Wetumpka
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Taking advantage of a solar company can make switching to solar power much easier. A solar installer can also help save you money in the long run by providing warranties, repairs and component replacements.
If you're looking for a solar company in Wetumpka, the EcoWatch team has organized a list of our top suggestions here:
See all of the solar companies in Wetumpka
Factors that Affect Solar Panel Costs in Wetumpka
There are a number of criteria that can affect your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
When it comes to estimating the cost of a solar system in Wetumpka, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy usage, which you can gauge by looking at past energy bills. Your overall cost can increase by around $2,450 for each additional kilowatt you need. There are several different solar panel brands and the one you choose also changes the cost. Generally, the brands that have better efficiency tend to also be more expensive. Additionally, the type of equipment you want to install can affect your total cost. If you only 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 big investment. That's why many Wetumpka homeowners decide to finance their solar panel systems to make going solar more affordable. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you're only able to 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 securing a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
Lastly, the company you get to install your solar system can impact your pricing. Wetumpka's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle 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||$2.55||$10,702||$23,846||7.7 years|
|8 kW||$2.50||$13,994||$32,069||7.6 years|
|10 kW||$2.45||$17,150||$40,429||7.4 years|
|12 kW||$2.40||$20,168||$48,926||7.3 years|
|14 kW||$2.35||$23,050||$57,561||7.1 years|
|16 kW||$2.30||$25,794||$66,333||7.0 years|
|18 kW||$2.25||$28,400||$75,242||6.9 years|
|20 kW||$2.21||$30,870||$84,288||6.7 years|
How to Save on Solar Panels
There are many 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:
- Warranty: Many companies offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Your solar installer should have a good 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 that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Contract: When looking over your solar company's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you go with.
EcoWatch's Wetumpka, AL Solar Cost FAQs
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.