Solar Panels Cost $0k-$0k in Coosa County, AL | November, 2024
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How much do solar panels cost in Coosa County, AL in 2024?
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It averages out to $0 per watt in the month of November, 2024 in Coosa County, AL to go solar.
You should expect costs to be $0, on average, for every 1 kW (or 1000 watts) of solar energy your solar panel system can generate. You can come up with this number as a result of this rate price cost per watt above. After receiving the 30% federal tax credit, you can expect to pay about $0 for a 5 kW solar panel install in Coosa County. However, keep in mind that you may need a more powerful system to ensure your energy requirements are met.
On the left, you can choose your county to view the average roof size and the maximum capacity for residential solar on houses in your area. You can also see an outline 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.
Coosa County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Coosa 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.
Coosa County: $44,424US Average: $16,169
Solar Potential in Coosa County
Estimated system size and solar electricity production per median viable roof in Coosa County.
Roof size 912sq. ft.
Capacity 12.75kW DC
Electricity 16.2kkWh AC per yr.
Electricity Costs in Coosa County, AL & What that Means for Your Solar Panel Pricing
Coosa County energy consumers see typical electric bills of 185.10, based on an average monthly usage of 1,161 kWh. These figures also reflect apartments and other compact residences with lower energy needs.
The average electricity rate in Coosa County, AL in November 2024 is 15.94¢ per kWh.
At this time, a 10 kW solar panel installation will have an initial cost of about $0 before incentives, but the 30% federal tax credit will return 30%, lowering the cost to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Coosa County
Presented on the left side, you will find a detailed pricing structure of the multiple sizes of solar panel systems installed in Coosa County. A larger solar array will expectedly cost more, but it will also provide greater electricity savings and higher income tax credits.
The solar panel calculator, positioned to the right and below, gives a detailed cost and benefit analysis based on a typical $185.10 electric bill for Coosa County. Swap the $185.10 with your average electricity bill for custom results.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,450 a year
Est. Price
$0
Savings from a 6kWthis system
Est. yearly production 9,065 kWh
Est. monthly savings $121
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 3.72 tons a year
Equivalent to planting 171 trees a year
Equivalent to driving 9,212 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,692 a year
Est. Price
$0
Savings from a 7kWthis system
Est. yearly production 10,576 kWh
Est. monthly savings $141
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 4.34 tons a year
Equivalent to planting 199 trees a year
Equivalent to driving 10,747 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,934 a year
Est. Price
$0
Savings from a 8kWthis system
Est. yearly production 12,087 kWh
Est. monthly savings $161
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 4.96 tons a year
Equivalent to planting 228 trees a year
Equivalent to driving 12,282 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $2,176 a year
Est. Price
$0
Savings from a 9kWthis system
Est. yearly production 13,598 kWh
Est. monthly savings $181
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 5.58 tons a year
Equivalent to planting 256 trees a year
Equivalent to driving 13,817 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $2,417 a year
Est. Price
$0
Savings from a 10kWthis system
Est. yearly production 15,109 kWh
Est. monthly savings $185
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 5.7 tons a year
Equivalent to planting 262 trees a year
Equivalent to driving 14,099 mi less a year
Coosa County Solar Panel Installation Incentives & Rebates | 2024
If you own a agricultural property or small business in a rural area, the REAP Grant could cover between 80% and 100% of your solar or wind turbine installation costs. Think you are eligible? Use our REAP Grant eligibility tool to see if you are eligible.
For those looking into residential solar, the 30% federal income tax credit is offered to nearly everyone, making solar a feasible option in various states. A number of state and local efforts are set up to enhance the adoption of solar energy.
Alabama residents have access to 4 solar rebate and incentive initiatives from multiple utilities and governmental bodies.
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 Coosa County, AL?
If you're aiming to stay in your home past the period required to pay back your solar investment, installing solar panels is a smart decision in Coosa County. Installing a 5 kW solar system in Coosa County, AL will, on average, save you $44,424 over 20 years, and you can expect to break even in about 0 years.
The cost of not having solar panels in Coosa County, AL
Skipping the installation of solar panels or an alternative backup energy source results in missing the earlier mentioned savings and total reliance on your electric utility for power. As recent news articles have pointed out, full dependence on your utility provider isn't always ideal.
Yearly, the utilities in Coosa County have reported about 1.1 outages per customer. The average duration of each outage is 197.39 minutes. During severe events like thunderstorms, overloaded power grids, or construction accidents, these times can grow significantly longer.
View the graphic below to see the number of current electricity customers without power in Coosa County.
A solar panel system with (or without) a backup battery could reduce the strain of future outages you face.
Power Outages
Currently, 0 customers are being tracked in Coosa County.
What impacts the cost of solar panels in Coosa County, AL?
Your Energy Needs - Larger solar panel systems have a higher upfront cost, but the cost per watt decreases as the system size increases. It is often beneficial for consumers to install a solar system that can generate enough electricity to fully cover their electric bill, which leads to substantial savings.
Make & Model - Like many other products, there are different makes and models of solar panels to choose from. Your installer’s potential system preferences make it essential to select a recommended contractor. For consumers wanting a better long-term experience, choosing superior quality equipment is essential.
Solar Panel Type - Monocrystalline panels have emerged as the standard in the industry, and rightly so. Although the cost is higher, they deliver more energy. The majority of installers use these kinds of panels.
Your Property - Challenges such as irregular terrain, trees, or other obstructions can increase the difficulty of installing solar panels. Solar installers now have the ability to use satellite images to evaluate your home and factor in these considerations in the first cost estimate.
Labor Rates - The differing wages that companies give their employees result in costs that are inevitably transferred to consumers. Businesses that invest in higher wages typically see higher reviews for their work and customer service.
Permitting & Interconnection - Your installation cost will be influenced by area-specific permitting and utility interconnection fees. Quality local installers will integrate these figures into your initial estimates to prevent any surprises.
See what solar panels cost in other Coosa County cities
Go Solar for less than your cell phone bill.
Who are the best solar installers in Coosa County?
Expertise in consulting on advantageous financing for solar.
Consulting on all things solar related.
Coosa County, AL Solar Panel Cost FAQs
As of November, 2024, the average solar panel installation cost in Coosa County, AL has reached $0/W. With the federal tax credit, the cost of a 5 kW solar panel system in Coosa County, AL drops to roughly $0.
Residents of Alabama can currently take advantage of 4 rebates and incentives offered by various utilities and government bodies. Additionally, the vast majority qualify for the 30% federal tax credit.
Opting for cash payments provides the highest savings, but there are now numerous financing options for solar panels that are financially sensible. Many installers have partnerships with financing companies and will provide this information in your initial quotes.
Yes, the typical duration for 5 kW solar panel systems to pay back their cost in Coosa County, AL is 0 years, with electricity savings estimated at $44,424 over 20 years.