Solar Panels Cost 13k-24k in Opp, AL | October, 2024

Solar Panels Cost $13k-$24k in Opp, AL | October, 2024

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

The current cost per watt of solar panel systems in Opp, AL in October, 2024 is estimated at $3.95/W.

For every 1000 watts (1 kW) your solar system can generate, you will need to invest, on average, $3,950 for its installation. You can come up with this number based on this rate price cost per watt. When you subtract the 30% federal tax credit, you will pay around $13,825, in Opp, for a 5 kW solar system. To adequately cover your energy consumption, you could require more than a 5kW system.

To the left, you have the option to select your county and see the typical roof size along with the average maximum capacity for residential solar in homes in your area. See below a full outline of the {price|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.
Opp: $13,825US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Opp: 9 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Opp: $11,856US Average: $15,784

Solar Potential in Opp

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

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

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

The standard monthly kWh used in Opp is 1,069, resulting in an average electric bill of around $131.69. Apartments and other smaller residences with diminished energy usage are covered in this statistic.

The average electricity rate in Opp, AL in October 2024 is 12.32¢ per kWh.

In Opp, the typical energy user requires a solar power setup of 9 kW or higher to take care of their entire energy demands. Right now, a 9 kW solar system will have an initial cost of about $35,550 before incentives, but the federal income tax credit will provide a 30% reimbursement, lowering the cost to $24,885.

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Average solar panel costs by system size in Opp

On your left, we have displayed a detailed pricing details for different solar panel system sizes set up in Opp. Even though a larger solar installation carries a higher price tag, it also provides increased electricity savings and more substantial income tax credits.

The solar panel cost calculator below and to the right details costs and benefits, using an average $131.69 electric bill in Opp To get custom results, change the $131.69 to match your typical electricity payment.

System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $907 a year
Est. Price
$13,825
Savings from a 5kWthis system
  • Est. yearly production 7,554 kWh
  • Est. monthly savings $76
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 3.26 tons a year
  • Equivalent to planting 150 trees a year
  • Equivalent to driving 8,069 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,088 a year
Est. Price
$16,590
Savings from a 6kWthis system
  • Est. yearly production 9,065 kWh
  • Est. monthly savings $91
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 3.91 tons a year
  • Equivalent to planting 180 trees a year
  • Equivalent to driving 9,683 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,269 a year
Est. Price
$19,355
Savings from a 7kWthis system
  • Est. yearly production 10,576 kWh
  • Est. monthly savings $106
  • Full payback in 12 years
Environmental Impacts
  • Reduces CO2 emissions by 4.56 tons a year
  • Equivalent to planting 210 trees a year
  • Equivalent to driving 11,297 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,450 a year
Est. Price
$22,120
Savings from a 8kWthis system
  • Est. yearly production 12,087 kWh
  • Est. monthly savings $121
  • Full payback in 14 years
Environmental Impacts
  • Reduces CO2 emissions by 5.22 tons a year
  • Equivalent to planting 240 trees a year
  • Equivalent to driving 12,911 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,632 a year
Est. Price
$24,885
Savings from a 9kWthis system
  • Est. yearly production 13,598 kWh
  • Est. monthly savings $132
  • Full payback in 16 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

Opp Solar Panel Installation Incentives & Rebates | 2024

For rural small businesses and farms, the REAP Grant could provide funding that covers between 80% and 100% of the necessary expenses for installing renewable energy systems. Curious if you fall into this category? Check your eligibility with our REAP Grant eligibility tool.

Most residents can qualify for a 30% federal income tax credit for residential solar, making it a feasible option in numerous areas of the United States. A variety of regional and state programs exist to encourage solar energy adoption.

In Alabama, different utilities and government organizations offer 4 solar rebate and incentive initiatives.

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 you're planning to live in your home past the solar system's payback period, solar panels are a good decision in Opp. A 5 kW solar system in Opp, AL might save you an average of $17,780.6 over 20 years, with the break even point generally being 9 years.

The cost of not having solar panels in Opp, AL

Beyond missing out on the savings noted above, the absence of solar panels or another backup energy solution leads to total dependency on your electric utility for power. As illustrated by recent news, total dependence on your utility is not always the best option.

There are about 1.14 outages per customer annually in Opp. The typical duration of each outage is 90.31 minutes. When significant events such as tornadoes, grid management errors, or construction accidents occur, these time frames can become much longer.

Whether a backup battery is included or not, a solar panel system could ease the pressure of possible future outages.

Power Outages

Currently, 0 customers are being tracked in Covington County.

Learn more

Customers Out:

0

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

Your Energy Needs - With larger solar panel systems, the cost per watt decreases, despite the higher upfront expense. Many people find it useful to install a solar energy system that can replace their entire electric bill. This results in greater savings.

Make & Model - There are a variety of makes and models of solar panels and mounting equipment. The contractor’s preference for system makes it important to choose a reputable contractor. Higher grade models usually provide an enhanced long-term experience for the buyer.

Solar Panel Type - Monocrystalline panels have taken over as the standard in the industry, and it's not hard to see why. These panels cost more but offer a higher energy efficiency. The majority of installers in the industry work with panels constructed of this material.

Your Property - Every property and home is distinct. Trees, rough terrain, or other challenges can make the installation more difficult. Nowadays, the majority of solar installers can leverage satellite imagery to assess your home and include these aspects into the preliminary cost estimate.

Labor Rates - The pay that various companies offer their employees differ, and these costs are borne by the consumers. Companies paying more to their employees frequently get higher reviews for their work and customer service.

Permitting & Interconnection - Local permitting and utility interconnection fees, which differ by area, will affect your installation cost. That said, experienced local installers will be able to incorporate these numbers into your initial quotes so there are no surprises.

See what solar panels cost in other AL cities

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Who are the best solar installers in Opp?

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.

Opp, AL Solar Panel Cost FAQs

  • As recorded in October, 2024, the standard cost for solar panel installations in Opp, AL is $3.95/W. After the federal tax credit, the estimated cost for a 5 kW solar panel system in Opp, AL is roughly $13,825.

  • 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.

  • Paying cash provides the highest savings, but there are now several financing options for solar panels that are also cost-effective. Many installers work with financing partners and will provide this information in your initial quotes.

  • Yes, in Opp, AL, 5 kW solar panel systems usually pay off in 9 years, providing an average electricity cost savings of $17,780.6 over a 20-year period.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-10-01