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

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

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

To get a solar system averages out to $3.95 per watt in Atmore, AL in October, 2024.

It will cost you $3,950, on average, per 1000 watts (1 kW) of capacity that your solar panels have. After receiving the 30% federal tax credit, you can expect to pay about $13,825, in Atmore, for a 5 kW solar panel install. Keep in mind that a larger system may be necessary to adequately cover your energy demands.

Select your county from the menu on the left to determine the average roof size and maximum solar panel system capacity for homes in your area. Displayed below is an analysis of the price, payback period, and 20-year average 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.
Atmore: $13,825US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Atmore: 6 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Atmore: $23,306US Average: $15,784

Solar Potential in Atmore

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

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

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

Atmore residents generally have an average monthly electric bill of $179.40 per month, with an average consumption of 1,131 kWh. Smaller homes, including condos and bungalows, are also part of the numbers mentioned in the previous sentence.

In October 2024, the average electricity rate in Atmore, AL is 15.86¢ per kWh.

The typical electricity consumer in Atmore has to have a 9 kW or larger solar setup to cover their full electricity usage demands. Right now, a 9 kW setup is priced at around $35,550 initially, but after the 30% federal tax credit, the total comes to $24,885.

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Average solar panel costs by system size in Atmore

To the left below, you can see the price breakdown for different sizes of solar panel systems set up in Atmore. With bigger solar systems, the price rises, but so do the electricity savings and the income tax credits you can gain.

The cost-benefit analysis for solar panels, presented in the calculator down and to the right, is based on an average electric bill of $179.40 in Atmore. Replace the $179.40 with your usual electricity bill for more accurate results.

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 6 years
Environmental Impacts
  • Reduces CO2 emissions by 3.21 tons a year
  • Equivalent to planting 147 trees a year
  • Equivalent to driving 7,934 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 8 years
Environmental Impacts
  • Reduces CO2 emissions by 3.85 tons a year
  • Equivalent to planting 177 trees a year
  • Equivalent to driving 9,521 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 9 years
Environmental Impacts
  • Reduces CO2 emissions by 4.49 tons a year
  • Equivalent to planting 206 trees a year
  • Equivalent to driving 11,108 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 $161
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 5.13 tons a year
  • Equivalent to planting 236 trees a year
  • Equivalent to driving 12,695 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 $179
  • 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

Atmore Solar Panel Installation Incentives & Rebates | 2024

Small businesses and agricultural enterprises in rural areas may see between 80% and 100% of their solar energy or wind turbine installation costs covered by the REAP Grant. Think you might qualify? Use our REAP Grant eligibility tool to confirm your eligibility.

A 30% federal tax credit is accessible to most homeowners for residential solar installations, which renders solar energy a feasible choice in various regions throughout the United States. Moreover, there are various state and local incentives to further encourage the adoption of solar energy.

A total of 4 solar rebates and incentives are available in Alabama through multiple utility companies and government organizations.

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 plan to own your residence longer than the solar system's payback period, solar panels are a good investment in Atmore. A 5 kW system in Atmore, AL will save the average homeowner, on average, $29,231 over a 20 period and the average break even point is 6 years.

The cost of not having solar panels in Atmore, AL

Besides missing out on the previously mentioned savings, not installing solar panels or a separate backup energy source results in complete dependence on your electric utility for electricity. Recent news has proven that total reliance on your utility company isn't always ideal.

The average number of outages per customer per year in Atmore is 1.12. Typically, outages have an average duration of 110.26 minutes. However, during significant events such as earthquakes, vandalism, or overloaded power grids, these times can drastically increase.

Having a solar panel system, with or without a backup battery, could alleviate the strain of any future outages you may experience.

Power Outages

Currently, 0 customers are being tracked in Escambia County.

Learn more

Customers Out:

0

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

Your Energy Needs - While the upfront cost is greater, the price per watt drops with larger solar panel systems. Homeowners often find that installing a solar system that can offset their entire electric bill is advantageous, leading to optimal savings.

Make & Model - Just like other industries, the solar energy sector features a range of solar panel brands and designs. Picking an installer with certain system preferences means it's even more important crucial to go with a reputable contractor. Buyers often find that utilizing better quality materials leads to a more positive long-term experience.

Solar Panel Type - It's not surprising that monocrystalline panels are now the standard in the industry. Even with a higher cost, this technology produce more energy. The majority of installers choose panels crafted using this material.

Your Property - Elements such as trees, uneven landscapes, or other hindrances might complicate the installation process. Nowadays, solar installers commonly leverage satellite images to assess your home and factor in these factors into the preliminary cost estimate.

Labor Rates - The costs related to the different wages offered by companies to their employees are borne by the consumers. Businesses that pay higher wages often get higher reviews for their services and customer service.

Permitting & Interconnection - Regional differences in permitting and utility interconnection fees will impact your installation cost. Good local installers will build these figures into your preliminary estimates to prevent any surprises.

See what solar panels cost in other AL cities

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Who are the best solar installers in Atmore?

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.

Atmore, AL Solar Panel Cost FAQs

  • As recorded in October, 2024, the standard cost for solar panel installations in Atmore, AL is $3.95/W. A 5 kW solar panel system will cost you around $13,825 in Atmore, AL after the federal tax credit is applied.

  • Utilities and government agencies in Alabama are currently offering 4 different rebates and incentives. Moreover, the 30% federal tax credit is accessible to nearly everyone.

  • Even though paying cash provides the most savings, there are now multiple financing options for solar panels that also are cost-effective. Initial quotes from installers will frequently detail information about available financing options.

  • Yes, the average 5 kW solar panel payback time in Atmore, AL is 6 years, with expected savings of $29,231 on electricity over 20 years.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-10-01