Solar Panels Cost $0k-$0k in Lee County, AL | November, 2024
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How much do solar panels cost in Lee County, AL in 2024?
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The typical cost per watt for solar panel systems in Lee County, AL in November, 2024 is estimated at $0/W.
Expect the cost to be $0, on average, for every 1000 watts (or 1 kW) of solar energy your panels can produce. You are able to come up with this number in accordance with this rate price cost. Applying the 30% federal tax credit, the average price for a 5 kW solar panel system in Lee County is around $0. It's important to note that a higher capacity system could be essential to fulfill your energy demands.
To the left, you can choose your county to view the average roof size and the average maximum production capacity for residential solar on houses in your area. Below is a full overview of the costs, 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.
Lee County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Lee 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.
Lee County: $42,456US Average: $16,169
Solar Potential in Lee County
Estimated system size and solar electricity production per median viable roof in Lee County.
Roof size 876sq. ft.
Capacity 12.25kW DC
Electricity 15.3kkWh AC per yr.
Electricity Costs in Lee County, AL & What that Means for Your Solar Panel Pricing
On average, Lee County residents use 1,139 kWh each month, and the electric bill is 176.90. This statistic also reflects data from apartments and smaller homes with less energy demand.
The average rate for electricity in Lee County, AL during November, 2024 is 15.53¢ per kWh.
The price of a a 10 kW solar installation is approximately $0 upfront, but the federal tax credit offers a 30% credit, reducing your total to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Lee County
Presented on the left and below is the cost analysis for various sizes of the solar panel systems installed in Lee County. More extensive solar installations come with a greater cost, yet they also offer greater electricity savings and more generous income tax credits.
Check the solar panel cost calculator below and to the right to see the cost and benefit details based on an average $176.90 electric bill in Lee County. Personalized results can be achieved by adjusting the $176.90 to your average 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 4.2 tons a year
Equivalent to planting 193 trees a year
Equivalent to driving 10,404 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 4.9 tons a year
Equivalent to planting 225 trees a year
Equivalent to driving 12,138 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 5.6 tons a year
Equivalent to planting 257 trees a year
Equivalent to driving 13,872 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 $177
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 6.16 tons a year
Equivalent to planting 283 trees a year
Equivalent to driving 15,235 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 $177
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 6.16 tons a year
Equivalent to planting 283 trees a year
Equivalent to driving 15,235 mi less a year
Lee County Solar Panel Installation Incentives & Rebates | 2024
The financial burden of installing solar or wind turbines for rural farmlands and small businesses could be eased with the REAP Grant, covering 80% to 100% of the costs. To see if you qualify, use our REAP Grant eligibility tool.
For those considering residential solar, the 30% federal income tax credit is offered to nearly everyone, making solar power a good investment in many parts of the country. A range of state and local initiatives are offered to support the use of solar energy.
There are 4 solar rebate and incentive programs currently available in Alabama by multiple utilities and government 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 Lee County, AL?
If you're intending to stay in your home past the period required to pay back your solar investment, opting for solar panels is a smart decision in Lee County. A 5 kW solar system in Lee County, AL could potentially save you $42,456 over the course of 20 years, with the break even point averaging at 0 years.
The cost of not having solar panels in Lee County, AL
The absence of solar panels or an alternative energy backup means that you miss out on the savings mentioned earlier and depend on your electric utility for electricity. The news has given several examples highlighting that full reliance on your utility isn't always the best idea.
Customers in Lee County have experienced an average of 1.03 utility outages per year in recent times. Usually, outages have an average duration of 112.74 minutes. However, during critical events like winter storms, grid management errors, or wildlife damage, these times can extend dramatically.
View the component below to see the number of current electricity customers without power in Lee County.
A solar panel system, with or without a backup battery, could help mitigate the effects of future outages you might encounter.
Power Outages
Currently, 0 customers are being tracked in Lee County.
What impacts the cost of solar panels in Lee County, AL?
Your Energy Needs - Larger solar panel systems require more upfront investment, but the cost per watt drops as the size of the system expands. Installing a solar system that generates sufficient electricity to eliminate their electric bill is beneficial to most consumers, leading to savings.
Make & Model - There are numerous brands and models of solar panels and mounting equipment. Since your installer may prefer particular systems, it's important to choose a highly rated company. Opting for higher quality equipment generally provides a more satisfying long-term experience for the buyer.
Solar Panel Type - Monocrystalline panels have taken over as the standard in the industry, and it's easy to see why. They are associated with a higher price, but they provide more energy. The majority of solar panel installers prefer this kind of material.
Your Property - Each property and residence is unique. Issues such as trees, uneven landscapes, or additional challenges may add to the complexity of the installation. Solar installers currently have the ability to utilize satellite images to evaluate your home and incorporate these elements in the initial cost estimate.
Labor Rates - The wage differences between companies result in costs that are passed on to the consumers. Businesses frequently receive higher reviews for their services and customer service when they pay higher wages.
Permitting & Interconnection - The local permitting and utility interconnection fees, which change by region, will affect your final installation price. Reliable local installers will build these figures into your initial estimates to avoid any surprises.
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Lee County, AL Solar Panel Cost FAQs
In November, 2024, the average cost of solar panels per watt in Lee County, AL is $0/W. The installation of a 5 kW solar panel system in Lee County, AL will cost about $0 after federal tax credits.
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.
Choosing to pay cash offers the most savings, but today there are many financing options for solar panels that are also financially advantageous. Information about financing options will often be included in your initial quotes by many installers.
Yes, in Lee County, AL, the average payback period for 5 kW solar panels is 0 years, resulting in average electricity savings of $42,456 over 20 years.
Savings from 
Environmental Impacts 
