Solar Panels Cost 16k-27k in Clanton, AL | October, 2024

Solar Panels Cost $16k-$27k in Clanton, AL | October, 2024

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

To go solar in Clanton, AL in the month of October, 2024 is around $3.95/W.

For every 1000 watts (1 kW) your solar system can produce, you will have to invest, on average, $3,950 for its installation. A 5 kW solar system in Clanton will typically cost you $13,825 after the 30% federal tax credit. It's important to note that a larger system could be essential to fully meet your energy needs.

To the left, you have the option to select your county and find the typical roof size along with the average maximum capacity for solar panels in homes in your area. You can review the price, payback period, and 20-year average savings for a 5 kW system installed in your county below.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Clanton: $13,825US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Clanton: 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.
Clanton: $24,386US Average: $15,784

Solar Potential in Clanton

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

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

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

Clanton energy consumers typically use 1,143 kWh monthly, with an average monthly bill of $183.90. Small homes, including condos and bungalows, are also included in the numbers indicated in the previous sentence.

The average rate for electricity in Clanton, AL in October, 2024 is 16.09¢ per kWh.

Typical energy users in Clanton must have a solar panel system of 10 kW or higher to take care of their full electricity needs. After incentives, a 10 kW solar system costs around $27,650.

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Average solar panel costs by system size in Clanton

Shown on the left side, you'll see a comprehensive cost summary of the various sizes of solar panel systems installed in Clanton. Naturally, a bigger solar system implies a higher initial expense, but it also leads to greater electricity savings and more substantial income tax credits.

In the solar panel cost calculator located below and to the right, you can view a cost and benefit breakdown to match an average $183.90electric bill in Clanton. For a more accurate estimate, swap the $183.90 with 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 8 years
Environmental Impacts
  • Reduces CO2 emissions by 3.74 tons a year
  • Equivalent to planting 172 trees a year
  • Equivalent to driving 9,262 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 4.37 tons a year
  • Equivalent to planting 201 trees a year
  • Equivalent to driving 10,806 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 4.99 tons a year
  • Equivalent to planting 229 trees a year
  • Equivalent to driving 12,350 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 5.61 tons a year
  • Equivalent to planting 258 trees a year
  • Equivalent to driving 13,894 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 $184
  • 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

Clanton Solar Panel Installation Incentives & Rebates | 2024

Rural small business and farm owners might benefit from the REAP Grant, which could cover 80% to 100% of their photovoltaic or wind energy installation expenses. Think you fall into this category? Confirm 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 sensible choice in various regions in the United States. Moreover, there are a number of state and local efforts designed to further promote the uptake of solar energy.

Multiple utilities and governmental organizations in Alabama offer 4 solar rebate and incentive programs.

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 your goal is to maintain your home well past the payback period of your solar system, solar panels are an excellent choice in Clanton. A 5 kW system in Clanton, AL will enable you to save the average homeowner, on average, $30,311 over a 20 period and the average break even point is 6 years.

The cost of not having solar panels in Clanton, AL

The absence of solar panels or an alternative energy backup means that you forgo the savings noted earlier and depend on your electric utility for electricity. Complete reliance on your utility provider is not always ideal, as recent examples in the news have shown.

Residents in Clanton encounter roughly 1.12 outages per year. Typically, outages have an average duration of 145.19 minutes. However, during significant events such as equipment failure, hurricanes or wildlife damage, these times can drastically increase.

A solar panel system, with or without a backup battery, could help mitigate the effects of future outages you might experience.

Power Outages

Currently, 0 customers are being tracked in Chilton County.

Learn more

Customers Out:

0

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

Your Energy Needs - Larger solar panel systems have a higher upfront cost, but the cost per watt decreases. For most consumers, setting up a system that can produce enough power to eliminate their entire electric bill is advantageous, providing significant savings.

Make & Model - Solar panels, like many other products, are offered in various makes and models. Your installer’s system preferences might necessitate selecting a highly rated installer. The selection of superior materials can substantially better the long-term experience for buyers.

Solar Panel Type - There's a good reason why monocrystalline panels are now considered the industry standard. Although they are more expensive, they provide increased energy. Many installers use panels constructed of this material.

Your Property - Each property and home is one of a kind. Trees, sloped land, or other barriers can increase the difficulty of installing solar panels. Most solar installers nowadays leverage satellite imagery to evaluate your home and integrate these factors into the first cost estimate.

Labor Rates - The varied employee wages paid by companies result in costs that consumers end up paying . Businesses often get higher reviews for their services and customer service when they pay higher wages.

Permitting & Interconnection - Permitting and utility interconnection fees differ locally and will impact your installation cost. Quality installers will factor these costs into your initial 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 Clanton?

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.

Clanton, AL Solar Panel Cost FAQs

  • The typical cost per watt for solar panels in Clanton, AL as of October, 2024 is $3.95/W. The cost of installing a 5 kW solar panel system in Clanton, AL is about $13,825 post federal tax credit.

  • 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.

  • Although paying in cash offers the most savings, numerous financing options for solar panels now exist that are financially sensible. Many installers will include information about their financing partners in the initial quotes they provide.

  • Yes, in Clanton, AL, the average payback period for 5 kW solar panels is 6 years, resulting in average electricity savings of $30,311 over 20 years.
Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-10-01