Solar Panel Cost Guide in Alliance, NE (2023 Update)
- Alliance Solar Installation Cost: $17,723
- 25-Year Savings: $33,159
- Payback Period: 8.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Alliance
Find out what the average cost of installing solar panels is in Alliance.
The national average cost of solar panels is $2.66 per watt, but in Alliance it's 2.83 per watt. Using this figure, a typical 8.9-kW system would cost about $17,730 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Alliance homeowner. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. But, after you've paid the initial cost of installation, the payback for most homeowners is typically rewarding, with a net average savings of about $22,000 over 20 years on power bills.
To receive a free estimate from a top solar installation company in Alliance, you can click the button below.
Solar savings over time in Alliance
| Year | Return on Investment |
|---|---|
| 1 years | $-17,553 |
| 3 years | $-17,214 |
| 5 years | $-16,875 |
| 7 years | $-16,536 |
| 9 years | $-16,197 |
| 11 years | $-15,857 |
| 13 years | $-15,518 |
| 15 years | $-15,179 |
| 17 years | $-14,840 |
| 19 years | $-14,500 |
| 21 years | $-14,161 |
| 23 years | $-13,822 |
| 25 years | $-13,483 |
Top Solar Installers in Alliance
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Using a solar company can make converting to solar power much easier. Plus, if you're not certain what kind of solar panels and equipment you may need, a solar installer can help you figure that out after a site survey and consultation.
If you're searching for a solar installer in Alliance, we've compiled a list of our top suggestions here:
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 Alliance
Factors that Affect Solar Panel Costs in Alliance
For many Alliance homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Alliance, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,830. The brand and kind of equipment you get 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 come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Alliance to be prohibitively costly, even if the investment pays off over time. Thankfully, almost every solar company in the area provides financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest. It's a good idea to include 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 how long it'll take to pay back the loan.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panels can affect the cost. Alliance's solar companies all have different labor costs and add varying upcharges to equipment. The company's size sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have more resources and better 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 lower 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 | $2.94 | $12,361 | $21,762 | 9.1 years |
| 8 kW | $2.89 | $16,165 | $29,333 | 8.9 years |
| 10 kW | $2.83 | $19,810 | $37,063 | 8.7 years |
| 12 kW | $2.77 | $23,297 | $44,951 | 8.5 years |
| 14 kW | $2.72 | $26,625 | $52,997 | 8.4 years |
| 16 kW | $2.66 | $29,794 | $61,202 | 8.2 years |
| 18 kW | $2.60 | $32,805 | $69,566 | 8.0 years |
| 20 kW | $2.55 | $35,658 | $78,088 | 7.8 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Alliance, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Contract: When reading over your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
- Warranty: If you're worried about the durability of your solar panels, ensuring your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
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 Alliance, NE Solar Cost FAQs
How much does it cost to install solar panels in Alliance?
The average cost of solar panels in Alliance is about $14,150 for a 5-kW system and $28,300 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider in addition to 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.
Does Alliance have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can either be compensated for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them once you've had them for that long or you can keep using 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.