Solar Panels Cost 16k-27k in Pelham, AL | November, 2024

Solar Panels Cost $16k-$27k in Pelham, AL | November, 2024

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

In Pelham, AL, the price per watt of solar panels is around $3.97 per watt in November, 2024.

Put another way, solar panels will cost you about $3,970 per 1 kW (or 1000 watts) of generation capacity. In Pelham, you can expect to spend around $13,895 for a 5 kW system once the 30% federal income tax credit is factored in. It's important to note that a more extensive system might be essential to meet your energy demands.

To the left, you can select your county to find the typical roof size and average maximum capacity for solar panel systems on homes in your area. See below a full breakdown 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.
Pelham: $13,895US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Pelham: 6 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Pelham: $25,188US Average: $16,169

Solar Potential in Pelham

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

Roof size 769sq. ft.
Capacity 10.75kW DC
Electricity 13.2kkWh AC per yr.

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

For Pelham energy consumers, the average electric bill is $187.66 per month, with a usage of 1,134 kWh. These numbers encompass apartments and other smaller homes with lower energy needs.

The mean rate for electricity in Pelham, AL during November, 2024 is 16.55¢ per kWh.

In Pelham, a system size of 10 kW or higher is needed for the average energy user to account for their full power usage demands. The cost of a a 10 kW solar installation is approximately $39,700 initially, but the federal tax credit provides a 30% credit, lowering your final cost to $27,790.

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Average solar panel costs by system size in Pelham

Displayed below and to the left, you can find a detailed price breakdown for different solar panel system sizes set up in Pelham. A larger solar array will expectedly cost more, but it will also provide more significant electricity savings and increased income tax credits.

In the solar panel cost calculator located down and to the right, you can examine a cost and benefit breakdown to match an average $187.66electric bill in Pelham. To get customized results, just adjust the $187.66to match your usual electricity bill amount.

System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,541 a year
Est. Price
$16,674
Savings from a 6kWthis system
  • Est. yearly production 9,065 kWh
  • Est. monthly savings $128
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 3.89 tons a year
  • Equivalent to planting 179 trees a year
  • Equivalent to driving 9,631 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,798 a year
Est. Price
$19,453
Savings from a 7kWthis system
  • Est. yearly production 10,576 kWh
  • Est. monthly savings $150
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 4.54 tons a year
  • Equivalent to planting 208 trees a year
  • Equivalent to driving 11,236 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $2,055 a year
Est. Price
$22,232
Savings from a 8kWthis system
  • Est. yearly production 12,087 kWh
  • Est. monthly savings $171
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 5.19 tons a year
  • Equivalent to planting 238 trees a year
  • Equivalent to driving 12,842 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $2,312 a year
Est. Price
$25,011
Savings from a 9kWthis system
  • Est. yearly production 13,598 kWh
  • Est. monthly savings $188
  • Full payback in 11 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 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $2,569 a year
Est. Price
$27,790
Savings from a 10kWthis system
  • Est. yearly production 15,109 kWh
  • Est. monthly savings $188
  • Full payback in 12 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

Pelham Solar Panel Installation Incentives & Rebates | 2024

Eligible rural small businesses and farms might have their photovoltaic or wind turbine installation costs covered by the REAP Grant, ranging from 80% to 100%. If you think you might be eligible, try our REAP Grant eligibility tool to check your qualification.

For those looking into residential solar, the 30% federal income tax credit is accessible to almost all homeowners, which makes solar a sensible option in many states. Alongside federal efforts, state and local programs help to support the use of solar power.

Residents of Alabama can access 4 solar rebate and incentive programs from a range of utilities and governmental agencies.

Solar incentives in AL

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?

For those in Pelham looking to stay in their homes past the payback period of their solar system, solar panels make excellent sense. Over a 20 year period, a 5 kW solar system in Pelham, AL could save you approximately $31,143.4, with the average break even time being 6 years.

The cost of not having solar panels in Pelham, AL

Without solar panels or another energy backup source, you miss out on the savings discussed earlier and are completely dependent on your electric utility for power. Numerous recent news reports have illustrated that total reliance on your utility isn't always the best idea.

Lately, utilities in Pelham have reported an average of 1.1 outages per customer annually. Each outage lasts an average of 110.86 minutes. In the case of major events such as thunderstorms, overloaded power grids, or vandalism, this period can increase substantially.

Having a solar panel system, with or without a backup battery, could lessen the pressure of any future outages you may encounter.

Power Outages

Currently, 0 customers are being tracked in Shelby County.

Learn more

Customers Out:

0

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

Your Energy Needs - Although the initial cost is greater, the cost per watt drops with larger solar panel systems. Installing a solar panel system that can cover the electric bill is advantageous to individuals because of the reduced long-term costs.

Make & Model - Solar panels and mounting equipment are offered in a wide variety of makes and models. The installer you select may have specific brand preferences, so it's crucial to choose a highly rated company. Better equipment generally result in an better long-term experience for the buyer.

Solar Panel Type - Monocrystalline panels have become the industry standard, and for good reason. These panels have a higher cost but yield more energy. Most installers in the industry utilize panels made of this material.

Your Property - Each property and home has its own characteristics. Factors like sloped land, trees, or additional hurdles can make the installation more challenging. Most solar installers currently use satellite imagery to assess your home and factor in these elements into the first cost estimate.

Labor Rates - Employees receive varied wages from different companies, and these costs are handed down to the consumers. Companies typically receive higher reviews for their services and customer service when they pay higher wages.

Permitting & Interconnection - The cost of your installation will be influenced by the local permitting and utility interconnection fees, which change depending on the area. Quality local installers will integrate these figures into your first estimates to prevent any surprises.

See what solar panels cost in other AL cities

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Who are the best solar installers in Pelham?

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

  • Auditing of energy requirements for independent energy generation.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.

Core Development Group

(201) 825-2195

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.

Go Solar Power

West Palm Beach, FL(877) 558-1882

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Monitoring of independent energy generation.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.

Silver Sun Solar

Deltona, FL(407) 832-42452

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.

Tungsten Electric

Nashville-Davidson metropolitan government, TN(615) 491-0206

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Monitoring of independent energy generation.
  • Auditing of energy requirements for independent energy generation.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Expertise in consulting on advantageous financing for solar.
  • Monitoring of independent energy generation.
  • Auditing of energy requirements for independent energy generation.
  • Installation of solar arrays.

LightEdison

Denver, CO(888) 966-6377

Services

  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Reparation of batteries.
  • Auditing of energy requirements for independent energy generation.
  • Solar systems for selling electricity back to the grid.

Solar Plus

Atlanta, GA(470) 378-1182

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Consulting on all things solar related.

Pelham, AL Solar Panel Cost FAQs

  • As of November, 2024, the average solar panel installation cost in Pelham, AL has reached $3.97/W. After the federal tax credit, the estimated cost for a 5 kW solar panel system in Pelham, AL is roughly $13,895.
  • Homeowners in Alabama can take advantage of 4 different rebates and incentives from a variety of utility companies and government agencies. Moreover, the 30% federal tax credit is accessible to nearly everyone.
  • Paying cash yields the most savings, but there are now several financing options for solar panels that are also financially beneficial. Many installers have partnerships with financing companies and will include this information in your initial quotes.
  • Yes, in Pelham, AL, 5 kW solar panel systems typically pay off in 6 years, and users save around $31,143.4 in electricity costs over 20 years.
King Manalo
Last Reviewed By: King Manalo
Published: 2024-11-05