Solar Panels Cost $0k-$0k in Lamar County, AL | November, 2024
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How much do solar panels cost in Lamar County, AL in 2024?
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For the month of November, 2024, the cost per watt for going solar in Lamar County, AL is $0/W, on average.
Stemming from the rate, you can come to the conclusion that for every 1 kW (1000 watts) your solar system can generate, you will need to invest $0 to have it installed. Typically, the expense for a 5 kW solar setup in Lamar County, after the 30% federal tax credit, comes to $0. Remember, a bigger system may be essential to ensure your energy needs are met effectively.
By selecting your county on the left, you can find out the typical roof size and the maximum capacity for residential solar on homes in your area. The following summary, below, highlights the price, 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.
Lamar County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Lamar 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.
Lamar County: $41,018US Average: $16,169
Solar Potential in Lamar County
Estimated system size and solar electricity production per median viable roof in Lamar County.
Roof size 912sq. ft.
Capacity 12.75kW DC
Electricity 16.2kkWh AC per yr.
Electricity Costs in Lamar County, AL & What that Means for Your Solar Panel Pricing
An energy consumer in Lamar County typically uses 1,029 kWh per month, leading to an average electric bill of 170.91. These statistics also reflects the energy consumption patterns of smaller residences, such as apartments.
In November 2024, the electricity rate in Lamar County, AL averages 16.61¢ per kWh.
Before incentives, a 9 kW solar installation is priced at about $0, with the federal tax credit providing 30% back, reducing the price to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Lamar County
To the left and below, you can find a detailed price breakdown for various solar panel system sizes installed in Lamar County. A bigger solar array will naturally cost more, but it will also provide higher electricity savings and increased income tax credits.
The breakdown of costs and benefits for solar panels, displayed in the calculator to the right and below, is based on an average electric bill of $170.91 in Lamar County. If you desire personalized results, modify the $170.91 to your average 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 $1,284 a year
Est. Price
$0
Savings from a 5kWthis system
Est. yearly production 7,554 kWh
Est. monthly savings $107
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 3.56 tons a year
Equivalent to planting 164 trees a year
Equivalent to driving 8,824 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,541 a year
Est. Price
$0
Savings from a 6kWthis system
Est. yearly production 9,065 kWh
Est. monthly savings $128
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 4.28 tons a year
Equivalent to planting 196 trees a year
Equivalent to driving 10,589 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,798 a year
Est. Price
$0
Savings from a 7kWthis system
Est. yearly production 10,576 kWh
Est. monthly savings $150
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 4.99 tons a year
Equivalent to planting 229 trees a year
Equivalent to driving 12,353 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $2,055 a year
Est. Price
$0
Savings from a 8kWthis system
Est. yearly production 12,087 kWh
Est. monthly savings $171
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
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $2,312 a year
Est. Price
$0
Savings from a 9kWthis system
Est. yearly production 13,598 kWh
Est. monthly savings $171
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
Lamar County Solar Panel Installation Incentives & Rebates | 2024
With the REAP Grant, up to 100% and no less than 80% of the installation costs for solar or wind turbines may be covered for rural small business owners and farmers. Curious if you fit this category? Check your eligibility with our REAP Grant eligibility tool.
For residential solar projects, most people are eligible for the 30% federal income tax credit, making solar a practical solution in numerous parts of the country. State and local efforts are also in place to enhance the growth of solar energy use.
A variety of utilities and governmental bodies in Alabama provide 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 Lamar County, AL?
For homeowners in Lamar County planning to remain in their homes after the payback period for solar panels, solar energy is a smart choice. Installing a 5 kW solar system in Lamar County, AL will, on average, save you $41,018.4 over 20 years, and you can expect to break even in about 0 years.
The cost of not having solar panels in Lamar County, AL
The absence of solar panels or another backup power source means missing out on the previously highlighted savings and full dependence on your electric utility for power. As recent examples in the news have shown, total dependence on your utility provider is not always ideal.
Recently, utilities in Lamar County have averaged an average of 1.1 outages per customer annually. On average, an outage lasts 110.86 minutes. When major events such as construction accidents, equipment failure or earthquakes occur, these durations can increase significantly
Take a look at the info below to see the number of current electricity customers without power in Lamar County.
A solar energy system, with or without a backup battery, could help reduce the effects of any future power interruptions you might experience.
Power Outages
Currently, 0 customers are being tracked in Lamar County.
What impacts the cost of solar panels in Lamar County, AL?
Your Energy Needs - Even if the initial expense is greater, the price per watt decreases with larger solar panel systems. Consumers often find that setting up a solar system that can fully cover their electric bill is extremely useful. This method leads to greater savings.
Make & Model - There are a variety of makes and models of solar panels. Because the installer you select might have specific brand preferences, choosing a reputable installer is especially important. For consumers wanting a superior long-term experience, opting for better quality models is important.
Solar Panel Type - Monocrystalline panels have earned their place as the standard in the industry, and for valid reasons. Although the cost is higher, they provide more energy. The majority of installers use these panels.
Your Property - Every home and property differs in its own way. Challenges like sloped land, trees, or other hindrances can increase the difficulty of installing solar panels. Many solar installers now are able to leverage satellite imagery to evaluate your home and incorporate these factors in the preliminary cost estimate.
Labor Rates - Employees get varying wages from different companies, and these costs are handed down to the consumers. Companies that invest in higher wages usually see higher reviews for their services and customer service.
Permitting & Interconnection - Your final installation price will be influenced by the permitting and utility interconnection fees, which vary by area. Good local installers will build these figures into your preliminary estimates to eliminate any surprises.
See what solar panels cost in other Lamar County cities
Go Solar for less than your cell phone bill.
Who are the best solar installers in Lamar County?
Expertise in consulting on advantageous financing for solar.
Consulting on all things solar related.
Lamar County, AL Solar Panel Cost FAQs
The average solar panel cost in Lamar County, AL as of November, 2024 is estimated at $0/W. After federal tax credits, the installation of a 5 kW solar panel system in Lamar County, AL is estimated to cost $0.
There are 4 rebates and incentives available in Alabama from a range of utility providers and government organizations. On top of that, most individuals are eligible for the 30% federal income tax credit.
Cash payments provide the greatest savings, but numerous financing options for solar panels that are financially advantageous are now available. Many installers work with financing partners and will include this information in your initial quotes.
Yes, the typical payback time for 5 kW solar panel systems in Lamar County, AL is 0 years, and the expected electricity cost savings over 20 years is $41,018.4.
Savings from 
Environmental Impacts 
