Solar Panels Cost 0k-0k in Russell County, AL | November, 2024

Solar Panels Cost $0k-$0k in Russell County, AL | November, 2024

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How much do solar panels cost in Russell County, AL in 2024?

During November, 2024, the average expense for solar systems in Russell County, AL was $0/W.

Utilizing the rate per watt, we are able to come to the conclusion that for every 1 kW (1000 watts) of solar generation capacounty will cost you $0 for installation. Applying the 30% federal tax credit, the typical cost for a 5 kW system in Russell County is approximately $0. Please note that a bigger system may be required to ensure your energy needs are met.

On the left-hand side, pick your county to access information on the typical roof size and the average maximum capacity for residential solar on homes within your area. You can review the price, payback period, and 20-year average savings for a 5 kW system installed in your county below.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Russell County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Russell 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.
Russell County: $40,987US Average: $16,169

Solar Potential in Russell County

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

Roof size 787sq. ft.
Capacity 11kW DC
Electricity 13.8kkWh AC per yr.

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

In Russell County, energy consumers usually spend 170.78 on their electric bill each month, consuming 1,152 kWh on average. Keep in mind that this number encompasses smaller homes and apartments, which typically have less energy consumption.

The average electricity rate in Russell County, AL in November 2024 is 14.82¢ per kWh.

Right now, a 10 kW solar panel installation will cost around $0 upfront, but after the 30% federal tax credit, the price is reduced to $0.

Go Solar for less than your cell phone bill.

Average solar panel costs by system size in Russell County

On the left side below, you'll find the price breakdown for different sizes of the solar panel systems installed in Russell County. Even though a more extensive solar installation has a larger expense, it also provides increased electricity savings and larger income tax credits.

In the solar panel cost calculator found down and to the right, you can examine a cost and benefit breakdown to match an average $170.78 electric bill in Russell County. For tailored results, change the $170.78 to whichever your usual electricity bill is.

System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,360 a year
Est. Price
$0
Savings from a 6kWthis system
  • Est. yearly production 9,065 kWh
  • Est. monthly savings $113
  • 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 10,565 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,586 a year
Est. Price
$0
Savings from a 7kWthis system
  • Est. yearly production 10,576 kWh
  • Est. monthly savings $132
  • Full payback in 0 years
Environmental Impacts
  • Reduces CO2 emissions by 4.98 tons a year
  • Equivalent to planting 229 trees a year
  • Equivalent to driving 12,326 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,813 a year
Est. Price
$0
Savings from a 8kWthis system
  • Est. yearly production 12,087 kWh
  • Est. monthly savings $151
  • Full payback in 0 years
Environmental Impacts
  • Reduces CO2 emissions by 5.69 tons a year
  • Equivalent to planting 261 trees a year
  • Equivalent to driving 14,087 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $2,040 a year
Est. Price
$0
Savings from a 9kWthis system
  • Est. yearly production 13,598 kWh
  • Est. monthly savings $170
  • Full payback in 0 years
Environmental Impacts
  • Reduces CO2 emissions by 6.4 tons a year
  • Equivalent to planting 294 trees a year
  • Equivalent to driving 15,848 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $2,266 a year
Est. Price
$0
Savings from a 10kWthis system
  • Est. yearly production 15,109 kWh
  • Est. monthly savings $171
  • Full payback in 0 years
Environmental Impacts
  • Reduces CO2 emissions by 6.44 tons a year
  • Equivalent to planting 296 trees a year
  • Equivalent to driving 15,943 mi less a year

Russell County 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 believe you might qualify, we suggest trying our REAP Grant eligibility tool to verify.

For those considering residential solar options, a 30% federal income tax credit is broadly available, increasing the appeal and practicality of solar energy in many areas across the nation. Additionally, there are numerous state and local incentives to further promote the adoption of solar energy.

A total of 4 solar rebates and incentives are available in Alabama through various utility companies and government departments.

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 Russell County, AL?

For those intending to stay in their home past the solar system's payback period, solar panels are a wise investment in Russell County. In Russell County, AL, the installation of a 5 kW solar system can save you an average of $40,987.2 over 20 years, with an average break even point of 0 years.

The cost of not having solar panels in Russell County, AL

Failing to install solar panels or an alternative backup energy means missing the savings mentioned earlier and being entirely reliant on your electric utility for electricity. The news has provided several examples highlighting that full reliance on your utility isn't always the best idea.

Yearly, customers in Russell County have dealt with approximately 1.1 utility outages.Each year, customers in Russell County have experienced approximately 1.1 utility outages. The average duration of each outage is 110.86 minutes. During severe events like winter storms, overloaded power grids, or wildlife damage, these times can grow significantly longer.

See the info below to see the number of current electricity customers without power in Russell County.

A solar panel system with (or without) a backup battery could ease the strain of future outages you experience.

Power Outages

Currently, 0 customers are being tracked in Russell County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Russell County, AL?

Your Energy Needs - Even though larger solar panel systems are more expensive initially, the average price per watt lowers as the system size increases. Setting up a solar panel system that can fully offset the electric bill is advantageous to individuals because of the reduced long-term costs.

Make & Model - Solar panels, similar to many other products, are available in a variety of makes and models. The contractor’s preference for brand makes it crucial to choose a recommended company. Consumers who choose better equipment usually enjoy a better long-term experience.

Solar Panel Type - It's no surprise that monocrystalline panels are now the standard in the industry. These panels have a higher cost but yield more energy. Most installers in the industry utilize panels made from this material.

Your Property - Trees, uneven landscapes, or other barriers can increase the difficulty of the installation. Nowadays, solar installers typically leverage satellite images to evaluate your home and incorporate these considerations into the preliminary cost estimate.

Labor Rates - Companies pay different wages to their employees, and these expenses are inevitably borne by the consumers. It is commonly observed that companies with higher wages garner superior reviews for their services and customer service.

Permitting & Interconnection - The cost of installation will be affected by different local permitting and utility interconnection fees. Quality local installers will integrate these numbers into your first quotes to prevent any surprises.

See what solar panels cost in other Russell County cities

Go Solar for less than your cell phone bill.

Who are the best solar installers in Russell County?

Eagle Solar and Light

Birmingham, AL(205) 202-2208

Services

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

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

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

Core Development Group

(201) 825-2195

Services

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

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

Silver Sun Solar

Deltona, FL(407) 832-42452

Services

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

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

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

City Electric Supply

Dallas, TX(866) 634-9853

Services

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

LightEdison

Denver, CO(888) 966-6377

Services

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

Solar Plus

Atlanta, GA(470) 378-1182

Services

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

Russell County, AL Solar Panel Cost FAQs

  • As of November, 2024, the average solar panel installation cost in Russell County, AL has reached $0/W. Post federal tax credit, a 5 kW solar panel system installation in Russell County, AL will roughly cost $0.
  • As of now, there are 4 rebates and incentives offered by various utilities and government entities in Alabama. Furthermore, the majority of people qualify for the 30% federal tax credit.
  • Paying in cash yields the highest savings, but there are multiple financing options available today for solar panels that are also cost-effective. Initial quotes from installers will frequently detail information about available financing options.
  • Yes, in Russell County, AL, 5 kW solar panel systems typically pay off in 0 years, and users save around $40,987.2 in electricity costs over 20 years.
Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-11-05