Solar Panels Cost 16k-27k in Brook Highland CDP, AL | October, 2024

Solar Panels Cost $16k-$27k in Brook Highland CDP, AL | October, 2024

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How much do solar panels cost in Brook Highland CDP, AL in 2024?

As of October, 2024, the current price to have solar panels installed in Brook Highland CDP, AL is $3.95/W.

Utilizing this rate, expect the price to be $3,950, on average, for every 1000 watts (or 1 kW) of solar energy your solar system can produce. In Brook Highland CDP, the price of a 5 kW solar system is generally $13,825, after you subtract 30% federal tax credit. However, keep in mind that you might need a more powerful system to adequately cover your energy requirements.

To your left, you have the option to choose your county and find the average roof size along with the average maximum capacity for solar panel installations on homes in your area. Displayed below is a breakdown of the costs, 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.
Brook Highland CDP: $13,825US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Brook Highland CDP: 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.
Brook Highland CDP: $24,969US Average: $15,784

Solar Potential in Brook Highland CDP

Estimated system size and solar electricity production per median viable roof in
Brook Highland CDP.

Roof size 769sq. ft.
Capacity 10.75kW DC
Electricity 13.2kkWh AC per yr.

Electricity Costs in Brook Highland CDP, AL & What that Means for Your Solar Panel Pricing

The typical monthly electric bill for Brook Highland CDP residents is $186.33, with a typical usage of 1,142 kWh. These numbers cover apartments and other smaller housing units, which tend to have reduced energy needs.

The average rate for electricity in Brook Highland CDP, AL during October, 2024 is 16.32¢ per kWh.

In Brook Highland CDP, a system size of 10 kW or larger is a must for the typical energy user to satisfy all of their power needs. Currently, a 10 kW solar panel system is priced at around $27,650 after incentives.

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Average solar panel costs by system size in Brook Highland CDP

To the left and below, you'll find the cost breakdown for different sizes of the solar panel systems set up in Brook Highland CDP. When you opt for a more extensive solar system, the cost is higher, but it also leads to more significant electricity savings and a larger income tax credit.

The calculator below and to the right gives a detailed summary of solar panel costs and benefits, based on an average electric bill of $186.33 in Brook Highland CDP. To get customized results, just adjust the $186.33to reflect your usual electricity bill amount.

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 7 years
Environmental Impacts
  • Reduces CO2 emissions by 3.7 tons a year
  • Equivalent to planting 170 trees a year
  • Equivalent to driving 9,163 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 4.32 tons a year
  • Equivalent to planting 198 trees a year
  • Equivalent to driving 10,690 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 4.94 tons a year
  • Equivalent to planting 227 trees a year
  • Equivalent to driving 12,217 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 $181
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 5.55 tons a year
  • Equivalent to planting 255 trees a year
  • Equivalent to driving 13,744 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $2,417 a year
Est. Price
$27,650
Savings from a 10kWthis system
  • Est. yearly production 15,109 kWh
  • Est. monthly savings $186
  • 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

Brook Highland CDP Solar Panel Installation Incentives & Rebates | 2024

The financial burden of installing photovoltaic or wind turbines for rural farmlands and small businesses could be eased with the REAP Grant, covering 80% to 100% of the costs. Wondering if you fit this category? Verify your eligibility with our REAP Grant eligibility tool.

With the 30% federal income tax credit, almost everyone can benefit from residential solar, which makes it a logical option in many regions in the United States. Together with federal efforts, state and local programs help to encourage the use of solar power.

Alabama provides 4 solar rebates and incentives from multiple utility companies and government agencies.

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?

When you plan to live in your home beyond the payback period of your solar system, solar panels are an obvious choice in Brook Highland CDP. With a 5 kW solar system in Brook Highland CDP, AL, the average savings over a 20 period is $30,894.2, with break even generally occurring at 6 years.

The cost of not having solar panels in Brook Highland CDP, AL

The absence of solar panels or another backup power source results in missing out on the aforementioned savings and full dependence on your electric utility for power. Several recent examples in the news have shown that full reliance on your utility company is not always ideal.

Over the past few years, customers in Brook Highland CDP have experienced an average of 1.12 utility outages each year. On average, each outage lasts for 110.26 minutes. Major events like grid management errors, thunderstorms or planned maintenance can considerably extend these durations.

A solar energy system, whether it includes a backup battery or not, could help relieve the burden of future power outages you may encounter.

Power Outages

Currently, 0 customers are being tracked in Shelby County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Brook Highland CDP, AL?

Your Energy Needs - The price per watt decreases with larger solar panel systems, even though the upfront cost is greater. Most homeowners see the advantage in installing a solar setup that can generate enough power to replace their entire electric bill, ensuring significant savings.

Make & Model - Solar panels and mounting equipment are offered in a wide variety of makes and models. The brand preferences of your chosen installer can make it essential to choose a reputable company. Selecting superior quality models generally provides a more favorable long-term experience for the buyer.

Solar Panel Type - It's clear why monocrystalline panels are now the go-to choice in the industry. Although they are costlier, they generate increased energy. Many installers use panels constructed of this material.

Your Property - Uneven land, trees, or other challenges can increase the complexity of the installation. Nowadays, satellite images allow many solar installers to assess your home and incorporate these elements into the first cost estimate.

Labor Rates - The wages that companies offer their employees are different, and these expenses are ultimately reflected in consumer prices. It is common for businesses that provide higher wages to receive better reviews for their services and customer service.

Permitting & Interconnection - The cost of installation will vary depending on local permitting and utility interconnection fees. Quality installers will factor these costs into your preliminary quotes to prevent unexpected expenses.

See what solar panels cost in other AL cities

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Who are the best solar installers in Brook Highland CDP?

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.

Brook Highland CDP, AL Solar Panel Cost FAQs

  • In October, 2024, the typical price per watt for solar panels in Brook Highland CDP, AL is $3.95/W. Installing a 5 kW solar panel system in Brook Highland CDP, AL will cost approximately $13,825 after applying the federal tax credit.

  • Utilities and government agencies in Alabama are currently offering 4 different rebates and incentives. Additionally, the vast majority qualify for the 30% federal tax credit.

  • Paying cash offers the most savings, but there are now multiple financing options for solar panels that are also advantageous. Information about financing options will often be included in your preliminary quotes by many installers.

  • Yes, homeowners in Brook Highland CDP, AL generally see a payback time of 6 years for 5 kW solar panel systems, with electricity savings averaging $30,894.2 over a 20-year period.
King Manalo
Last Reviewed By: King Manalo
Published: 2024-10-01