Solar Panels Cost $0k-$0k in Henry County, AL | November, 2024
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How much do solar panels cost in Henry County, AL in 2024?
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In Henry County, AL in November, 2024, the average price per watt for solar is estimated at $0/W
Applying the price, you are able to come to the conclusion that for every 1000 watts (1 kW) your solar system can generate, you will have to spend, on average, $0 to have it installed. In Henry County, the cost of a 5 kW solar installation is generally $0, after a 30% federal tax credit. To fulfill your energy needs, you may need a larger system.
By selecting your county on the left, you can find the average roof size and the average maximum capacity for residential solar panel systems in your area. Find below a detailed summary of the {price|costs, payback period, and 20-year average savings for a 5 kW system installed in your county.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Henry County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Henry 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.
Henry County: $45,012US Average: $16,169
Solar Potential in Henry County
Estimated system size and solar electricity production per median viable roof in Henry County.
Roof size 1,126sq. ft.
Capacity 15.75kW DC
Electricity 20.7kkWh AC per yr.
Electricity Costs in Henry County, AL & What that Means for Your Solar Panel Pricing
Energy consumers in Henry County generally use 1,152 kWh per month, with an average monthly bill of 187.55. Small residences, including duplexes and condos, are also encompassed in the numbers mentioned in the previous sentence.
As of November 2024, the average rate for electricity per kWh in Henry County, AL amounts to 16.29¢.
At first, a 10 kW solar installation will cost you $0, but after a 30% tax credit, the final price is $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Henry County
Presented on the left and below is the price breakdown for various sizes of the solar panel systems installed in Henry County. The investment for a larger solar panel setup is greater, but it also provides greater electricity savings and higher income tax credits.
The solar panel cost calculator below and to the right analyzes costs and benefits, using an average $187.55 electric bill in Henry County To get customized results, simply adjust the $187.55to match your typical electricity bill amount.
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 3.66 tons a year
Equivalent to planting 168 trees a year
Equivalent to driving 9,065 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 4.27 tons a year
Equivalent to planting 196 trees a year
Equivalent to driving 10,575 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 4.88 tons a year
Equivalent to planting 224 trees a year
Equivalent to driving 12,086 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 5.49 tons a year
Equivalent to planting 252 trees a year
Equivalent to driving 13,597 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 $188
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
Henry County Solar Panel Installation Incentives & Rebates | 2024
For rural farms and small businesses, the REAP Grant might currently cover between 80% and 100% of the expenses for installing photovoltaic or wind energy systems. If you think you might qualify, we suggest trying our REAP Grant eligibility tool to confirm.
Nearly all residents are eligible for the 30% federal income tax credit for residential solar, making it a practical option in numerous states across the country. Furthermore, many regional and state programs are set up to get more people to adopt solar power.
Different utilities and governmental organizations in Alabama offer 4 solar rebate and incentive programs.
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 Henry County, AL?
Homeowners in Henry County who expect to live in their residence beyond the payback period of their solar system will find solar panels an clear choice. In Henry County, AL, the installation of a 5 kW solar system can save you an average of $45,012 over 20 years, with an average break even point of 0 years.
The cost of not having solar panels in Henry County, AL
Forgoing solar panels or an alternative backup energy source results in you'll miss out on the savings mentioned before and be fully dependent on your electric utility for power. Complete dependence on your utility company isn't always the best condition, as recent media examples have revealed.
On a yearly basis, the average number of outages per customer in Henry County has been 1.23. On average, each outage lasts for 110.45 minutes. Major events like planned maintenance, overloaded power grids or lightning strikes can considerably extend these durations.
View the info below to see the number of current electricity customers without power in Henry County.
Whether or not a backup battery is included, a solar panel system could reduce the impact of future power outages you might experience.
Power Outages
Currently, 0 customers are being tracked in Henry County.
What impacts the cost of solar panels in Henry County, AL?
Your Energy Needs - Despite the greater initial expense, the cost per watt declines when using larger solar panel systems. Many consumers realize it's a great idea to set up a solar system that can produce enough power to fully cover their electric bill, because it helps them save more money.
Make & Model - Just like other products, solar panels and mounting equipment are offered in a range of makes and models. The potential brand preferences of your installer mean that it is it is even more vital to choose a reputable company. Higher grade materials typically result in an better long-term experience for the buyer.
Solar Panel Type - Monocrystalline panels have become the industry standard, and it's not hard to see why. They come with a higher price but are better at generating energy. The majority of solar panel installers use panels made of this type of material.
Your Property - Each property and home has its own unique features. Trees, irregular terrain, or additional challenges may add to the difficulty of the installation. Using satellite imagery, solar installers can today assess your home and include these elements into the first cost estimate.
Labor Rates - Companies pay varying pay rates to their employees, which are then passed on to the prices consumers pay. Higher wages frequently lead to businesses getting better reviews for their services and customer service.
Permitting & Interconnection - Local permitting and utility interconnection fees, which change by area, will impact your installation cost. Reputable local installers will include these figures in your first estimates to ensure transparency.
See what solar panels cost in other Henry County cities
Go Solar for less than your cell phone bill.
Who are the best solar installers in Henry County?
Expertise in consulting on advantageous financing for solar.
Consulting on all things solar related.
Henry County, AL Solar Panel Cost FAQs
As of November, 2024, the average cost for solar panels in Henry County, AL is $0/W. With the federal tax credit, the cost of a 5 kW solar panel system in Henry County, AL drops to roughly $0.
Right now, Alabama has 4 rebates and incentives available through a variety of utility companies and government entities. Also, nearly everyone can take advantage of the 30% federal tax credit.
Although cash payments provide the greatest savings, several financing options for solar panels now exist that are also cost-effective. Financing options are often provided by installers and may be included in your initial quotes.
Yes, in Henry County, AL, 5 kW solar panel systems usually pay off in 0 years, providing an average electricity cost savings of $45,012 over a 20-year period.
Savings from 
Environmental Impacts 
