Solar Panels Cost $0k-$0k in Choctaw County, AL | November, 2024
High Power Bills?
Reduce or replace your electricity bill with solar
No data available
How much do solar panels cost in Choctaw County, AL in 2024?
No data available
To go solar in Choctaw County, AL in November, 2024 is around $0/W.
As a result of this price, we can conclude that for every 1 kW (1000 watts) your system can produce you will have to invest $0 to get your solar system installed. In Choctaw County, after the 30% federal income tax credit, a 5 kW system will cost you $0. A 5kW system may not be large enough to fulfill your energy needs.
Select your county from the menu on the left to view the typical roof size and maximum solar panel capacity for homes in your area. Additionally, you can also see a breakdown of the costs, payback period and 20 year average savings for a 5 kW system in your county below.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Choctaw County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Choctaw County: 0 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Choctaw County: $37,034US Average: $16,169
Solar Potential in Choctaw County
Estimated system size and solar electricity production per median viable roof in Choctaw County.
Roof size 912sq. ft.
Capacity 12.75kW DC
Electricity 16.2kkWh AC per yr.
Electricity Costs in Choctaw County, AL & What that Means for Your Solar Panel Pricing
Energy consumers in Choctaw County pay an average of 154.31 per month for electricity, consuming 1,129 kWh on average. Petite homes, such as bungalows and apartments, are also part of the numbers cited in the former sentence.
The electricity rate per kWh in Choctaw County, AL for November 2024 is on average 13.67¢.
Currently, a 9 kW solar system costs $0 after deducting the 30% federal income tax credit.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Choctaw County
To the left side and below, you will see the cost summary for various sizes of solar panel systems set up in Choctaw County. With bigger solar systems, the price increases, but so do the electricity savings and the income tax credits you can gain.
The solar panel cost calculator down and to the right analyzes costs and benefits, based on an average $154.31 electric bill in Choctaw County If you want customized results, change the $154.31 to your typical electricity bill amount.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,058 a year
Est. Price
$0
Savings from a 5kWthis system
Est. yearly production 7,554 kWh
Est. monthly savings $88
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 7.31 tons a year
Equivalent to planting 336 trees a year
Equivalent to driving 18,083 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,269 a year
Est. Price
$0
Savings from a 6kWthis system
Est. yearly production 9,065 kWh
Est. monthly savings $106
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 8.77 tons a year
Equivalent to planting 403 trees a year
Equivalent to driving 21,700 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,481 a year
Est. Price
$0
Savings from a 7kWthis system
Est. yearly production 10,576 kWh
Est. monthly savings $123
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 10.23 tons a year
Equivalent to planting 470 trees a year
Equivalent to driving 25,317 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,692 a year
Est. Price
$0
Savings from a 8kWthis system
Est. yearly production 12,087 kWh
Est. monthly savings $141
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 11.69 tons a year
Equivalent to planting 537 trees a year
Equivalent to driving 28,933 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,904 a year
Est. Price
$0
Savings from a 9kWthis system
Est. yearly production 13,598 kWh
Est. monthly savings $154
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 12.77 tons a year
Equivalent to planting 586 trees a year
Equivalent to driving 31,597 mi less a year
Choctaw County Solar Panel Installation Incentives & Rebates | 2024
If you run a small business or farm in a rural area, you could receive REAP Grant support that covers 80% to 100% of your solar energy or wind turbine installation costs. To determine your eligibility, use our REAP Grant eligibility tool.
For those considering residential solar, the 30% federal income tax credit is offered to almost all homeowners, making solar power a good investment in numerous parts of the country. There are also a number of state and local efforts aimed at enhancing solar energy use.
In Alabama, 4 solar rebates and incentives are currently available from different utilities and government agencies.
Solar incentives in ALIncentive Description Value
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 Choctaw County, AL?
If you're planning to reside in your home past the solar system's payback period, solar panels are a smart decision in Choctaw County. Having a 5 kW solar system in Choctaw County, AL can potentially save you approximately $37,034.4 over a span of 20 years, with an average break even point of 0 years.
The cost of not having solar panels in Choctaw County, AL
In addition to missing out on the savings mentioned above, not having solar panels or an alternative backup energy source results in total reliance on your electric utility for electricity. As shown by recent news stories, complete dependence on your utility company isn't always ideal.
Lately, customers in Choctaw County have experienced an average of 1.1 utility outages each year. The average length of an outage is 110.86 minutes. However, during significant events such as tornadoes, construction accidents, or grid management errors, this duration can grow considerably.
View the info below to see the number of current electricity customers without power in Choctaw County.
A solar panel system, with or without a backup battery, could mitigate the effects of future outages you might face.
Power Outages
Currently, 0 customers are being tracked in Choctaw County.
What impacts the cost of solar panels in Choctaw County, AL?
Your Energy Needs - The cost per watt declines with larger solar panel systems, even if the upfront cost is larger. Consumers often discover that setting up a solar system that can replace their entire electric bill is useful, resulting in significant savings.
Make & Model - Just like any other product, solar panels are available in a range of makes and models. The installer’s preference for brand makes it important to select a highly rated contractor. Superior equipment generally provide an better long-term experience for the buyer.
Solar Panel Type - Monocrystalline panels are generally accepted as the industry standard, and for valid reasons. They are pricier but produce more energy. Many professionals in solar installation utilize panels constructed from this material.
Your Property - Elements such as rough terrain, trees, or additional considerations might complicate the installation process. Solar installers now have the ability to use satellite images to evaluate your home and include these factors in the first cost estimate.
Labor Rates - Companies pay varying pay rates to their employees, which are then reflected in the prices consumers pay. It is frequently observed that companies with higher wages get superior reviews for their services and customer service.
Permitting & Interconnection - The cost of your installation will be impacted by the local permitting and utility interconnection fees, which vary depending on the area. Quality local installers will include these figures in your preliminary estimates to provide transparency.
See what solar panels cost in other Choctaw County cities
Go Solar for less than your cell phone bill.
Who are the best solar installers in Choctaw County?
Expertise in consulting on advantageous financing for solar.
Consulting on all things solar related.
Choctaw County, AL Solar Panel Cost FAQs
As recorded in November, 2024, the standard cost for solar panel installations in Choctaw County, AL is $0/W. For a 5 kW solar panel system, the total cost in Choctaw County, AL after federal tax credits is around $0.
Various utility providers and government organizations in Alabama are offering 4 rebates and incentives at this time. Additionally, the vast majority qualify for the 30% federal tax credit.
Cash payments yield the highest savings, yet numerous financing options now available for solar panels are financially beneficial as well. Your preliminary quotes will usually include financing options available through installers.
Yes, on average, 5 kW solar panels in Choctaw County, AL pay for themselves in 0 years, with homeowners saving approximately $37,034.4 on electricity over 20 years.