Solar Panels Cost 13k-24k in Andalusia, AL | October, 2024

Solar Panels Cost $13k-$24k in Andalusia, AL | October, 2024

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How much do solar panels cost in Andalusia, AL in 2024?

In Andalusia, AL, the price per watt of solar panel systems is about $3.95 per watt in October, 2024.

As a result of the cost per watt, we are able to conclude that for every 1 kW (1000 watts) of solar power capacity will cost you $3,950 for installation. In Andalusia, you will spend about $13,825 for a 5 kW solar panel install after factoring in the 30% federal income tax credit. It should be noted that a more powerful system could be necessary to ensure your energy requirements are met.

To the left, you can select your county to view the typical roof size and average maximum capacity for residential solar on homes in your area. Find below a complete overview of the {price|costs, payback period, and 20-year typical savings for a 5 kW system in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Andalusia: $13,825US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Andalusia: 7 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Andalusia: $17,875US Average: $15,784

Solar Potential in Andalusia

Estimated system size and solar electricity production per median viable roof in
Andalusia.

Roof size 912sq. ft.
Capacity 12.75kW DC
Electricity 16.2kkWh AC per yr.

Electricity Costs in Andalusia, AL & What that Means for Your Solar Panel Pricing

The typical electricity cost for Andalusia consumers is $156.77 per month, with a usage of 1,008 kWh. Small homes, including micro-apartments, are also covered in the data cited in the {previous|prior sentence.

For October 2024, the mean electricity rate in Andalusia, AL amounts to 15.56¢ per kWh.

In Andalusia, an average energy user's needs should be fully covered by a solar panel system with a production capacity of at least 9 kW. Initially, a 9 kW solar panel installation will cost you $35,550, but after a 30% tax credit, the final price is $24,885.

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Average solar panel costs by system size in Andalusia

Presented below and to the left, is a thorough pricing structure for various solar panel system sizes installed in Andalusia. Larger solar installations come with a greater cost, yet they also provide greater electricity savings and larger income tax credits.

The solar panel cost calculator, positioned below and to the right, provides a breakdown of costs and benefits using an average $156.77 electric bill for Andalusia. Alter the $156.77 to fit your usual bill payment for customized outcomes.

System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,209 a year
Est. Price
$13,825
Savings from a 5kWthis system
  • Est. yearly production 7,554 kWh
  • Est. monthly savings $101
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 3.65 tons a year
  • Equivalent to planting 168 trees a year
  • Equivalent to driving 9,046 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,450 a year
Est. Price
$16,590
Savings from a 6kWthis system
  • Est. yearly production 9,065 kWh
  • Est. monthly savings $121
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 4.39 tons a year
  • Equivalent to planting 201 trees a year
  • Equivalent to driving 10,855 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,692 a year
Est. Price
$19,355
Savings from a 7kWthis system
  • Est. yearly production 10,576 kWh
  • Est. monthly savings $141
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 5.12 tons a year
  • Equivalent to planting 235 trees a year
  • Equivalent to driving 12,664 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,934 a year
Est. Price
$22,120
Savings from a 8kWthis system
  • Est. yearly production 12,087 kWh
  • Est. monthly savings $157
  • Full payback in 12 years
Environmental Impacts
  • Reduces CO2 emissions by 5.7 tons a year
  • Equivalent to planting 262 trees a year
  • Equivalent to driving 14,100 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $2,176 a year
Est. Price
$24,885
Savings from a 9kWthis system
  • Est. yearly production 13,598 kWh
  • Est. monthly savings $157
  • Full payback in 13 years
Environmental Impacts
  • Reduces CO2 emissions by 5.7 tons a year
  • Equivalent to planting 262 trees a year
  • Equivalent to driving 14,100 mi less a year

Andalusia Solar Panel Installation Incentives & Rebates | 2024

Rural entrepreneurs and farmers might find that the REAP Grant pays for 80% to 100% of their costs when installing solar or wind energy systems. If you think you might be in this category, we suggest checking your qualification with our REAP Grant eligibility tool.

A 30% federal tax credit is available to most homeowners for residential solar installations, which helps make solar energy a feasible choice in numerous regions across the United States. Furthermore, several state and local programs are in place to further drive the adoption of solar energy.

In Alabama, 4 solar rebates and incentives are currently offered from different utilities and government agencies.

Solar incentives in AL

Local Government Energy Loan Program

Value:Varies

Through its public-private partnership with PowerSouth, Alabama's Local Government Energy Loan Program offers zero-interest loans to governments and educational institutes for improvements involving renewable energy sources. The loans are repayable through savings on utility bills. They may borrow up to $350,000 for eligible projects, while schools may ask for $350,000 pr campus or $500,000 per system. There is a minimum loan of $50,000. An energy audit must be completed to identify improvements and the recipient must be benchmarked using the Energy Star Portfolio Manager program following installation. Details and application are available on the program website.

Local Option- Sales Tax Abatement for Renewable Energy Facilities

Value:Varies

In order to encourage renewable energy sources, Alabama allows local governments to provide exemptions and abatement for qualifying renewable energy facilities; the precise governmental body depends on the size of the facility. Facilities may also qualify for a reduced tax rate of 1.5%, although it was only available until 2019. Hydroelectric power is exempted from the definition of renewable energy resource, but most other renewable resources do meet the definition. Note that the local government can impose an additional sales or use tax. The exemption and abatement only apply to the noneducational portion of the sales tax.

Local Option- Property Tax Exemption for Renewable Energy Faclities

Value:Varies

Alabama provides abatement of property tax for qualifying renewable energy facilities for the noneducational part of the property tax. While most renewable resources are included in the program, hydroelectric power is exempted. The property tax abatement is based on the annual value of the assessed value. The abatement may be given for ten years and extended for another ten years, for a total of twenty years, depending on the permission of the local authority. Interested facilities can apply with the local governmental body. The local authority will perform a cost/benefit analysis to determine the maximum exemption period for the abatement.

AlabamaSAVES Revolving Loan Program

Value:Varies

Alabama SAVES funds subordinated participating interests in qualified third-party loans for financing energy projects of existing Alabama businesses. The participating interest can be 25% of the loan or 100% of the cost of the project, whichever is lower. Before funding can be awarded, the project must undergo an energy assessment and an estimated energy savings impact must be submitted to ensure the loan will be paid back within 10 years. This program was initially capitalized through the American Recovery and Reinvestment Program and is offered through the Alabama Department of Economic and Community Affairs. Please see the program website for information and program materials.

Are solar panels worth it in Alabama?

If you expect to live in your home beyond the time it takes to recoup your solar investment, installing solar panels in Andalusia is an good decision. Installing a 5 kW solar system in Andalusia, AL will, on average, save you $23,799.8 over 20 years, and you can expect to break even in about 7 years.

The cost of not having solar panels in Andalusia, AL

The absence of solar panels or an alternative energy backup means that you forgo the savings mentioned earlier and depend on your electric utility for electricity. Complete dependence on your utility company isn't always the best condition, as recent media examples have demonstrated.

Throughout Andalusia, there are about 1.14 outages per customer annually. Each outage lasts an average of 90.31 minutes. In the case of major events such as landslides, equipment failure, or planned maintenance, this period can increase substantially.

A solar energy system, with or without a backup battery, could reduce the effects of any future power interruptions you might experience.

Power Outages

Currently, 0 customers are being tracked in Covington County.

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Customers Out:

0

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What impacts the cost of solar panels in Andalusia, AL?

Your Energy Needs - The cost per watt is decreased with larger solar panel systems, even though the initial cost is higher. Many consumers realize it's a smart idea to install a solar system that can generate enough power to replace their electric bill, because it helps them save more money.

Make & Model - There are numerous brands and models of solar panels. Your installer’s potential brand preferences make it crucial to pick a reputable contractor. Consumers who prioritize better models typically enjoy a more favorable long-term experience.

Solar Panel Type - There are valid reasons why monocrystalline panels are now considered the industry standard. They are costlier but produce more energy. The majority of professionals in solar installation work with panels made from this material.

Your Property - Irregular terrain, trees, or other challenges can increase the complexity of the installation. These days, the many solar installers can evaluate your home with satellite images and include these elements in the preliminary cost estimate.

Labor Rates - Employees get varied wages from different companies, and these costs are handed down to the consumers. It is typical for companies that provide higher wages to receive better reviews for their work and customer service.

Permitting & Interconnection - Your installation cost will be affected by area-specific permitting and utility interconnection fees. Quality local installers will include these figures in your first estimates to ensure transparency.

See what solar panels cost in other AL cities

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Who are the best solar installers in Andalusia?

Eagle Solar and Light

Birmingham, AL(205) 202-2208

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

  • Monitoring of independent energy generation.
  • Auditing of energy requirements for independent energy generation.
  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

Go Solar Power

Boca Raton, FL(800) 530-9597

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.

Silver Sun Solar

Deltona, FL(340) 227-7785

Services

  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Tungsten Electric

Nashville-Davidson metropolitan government, TN(615) 491-0206

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

LightEdison

Denver, CO(888) 966-6377

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

Solar Plus

Atlanta, GA(470) 378-1182

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.

Andalusia, AL Solar Panel Cost FAQs

  • The average solar panel cost in Andalusia, AL as of October, 2024 is estimated at $3.95/W. A 5 kW solar panel system will cost you around $13,825 in Andalusia, AL after the federal tax credit is applied.
  • If you live in Alabama, you can find 4 rebates and incentives through different utilities and government agencies. Moreover, nearly everyone is eligible for the 30% federal income tax credit.
  • Paying cash yields the most savings, but there are now numerous financing options for solar panels that are also advantageous. Financing options are frequently available through installers and will be included in your initial quotes.
  • Yes, homeowners in Andalusia, AL generally see a payback time of 7 years for 5 kW solar panel systems, with electricity savings averaging $23,799.8 over a 20-year period.
Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-10-01