Solar Panels Cost $0k-$0k in Walker County, AL | November, 2024
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How much do solar panels cost in Walker County, AL in 2024?
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Going solar in Walker County, AL averages out to $0/W in November, 2024.
Using the cost per watt, we can come to the conclusion that for every 1 kW (1000 watts) your solar panel system can produce, you will have to invest $0 for installation. A 5 kW solar panel system in Walker County will typically cost you $0 after the 30% federal tax credit is applied. Remember, a larger system could be essential to satisfy your energy demands effectively.
To the left,choose your area to access information on the typical roof size and the average maximum capacity of residential solar for homes in your county. You can review the price, payback period, and 20-year average savings for a 5 kW system in your county below.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Walker County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Walker 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.
Walker County: $45,038US Average: $16,169
Solar Potential in Walker County
Estimated system size and solar electricity production per median viable roof in Walker County.
Roof size 912sq. ft.
Capacity 12.75kW DC
Electricity 16.2kkWh AC per yr.
Electricity Costs in Walker County, AL & What that Means for Your Solar Panel Pricing
On average, Walker County residents pay 187.66 for their electric bill each month and consume 1,134 kWh. Small houses, such as studio apartments or condos, are also encompassed in the numbers mentioned in the previous sentence.
Walker County, AL's electricity rate averages 16.55¢ per kWh in November 2024.
The expense for aa 10 kW solar panel system comes to $0 before incentives, but with a 30% tax credit, the final price is reduced to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Walker County
To your left, we have provided a detailed cost breakdown for the multiple solar panel system sizes set up in Walker County. Even though a larger solar installation does come with a higher price tag, it also provides increased electricity savings and more substantial income tax credits.
The solar panel cost calculator, situated to the right and below, provides a breakdown of costs and benefits using an average $187.66 electric bill for Walker County. For tailored results, adjust the $187.66 to whichever your typical electricity bill is.
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 $1,541 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 3.09 tons a year
Equivalent to planting 142 trees a year
Equivalent to driving 7,636 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 3.6 tons a year
Equivalent to planting 165 trees a year
Equivalent to driving 8,909 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 4.11 tons a year
Equivalent to planting 189 trees a year
Equivalent to driving 10,182 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 $188
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 4.52 tons a year
Equivalent to planting 207 trees a year
Equivalent to driving 11,179 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $2,569 a year
Est. Price
$0
Savings from a 10kWthis system
Est. yearly production 15,109 kWh
Est. monthly savings $188
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 4.52 tons a year
Equivalent to planting 207 trees a year
Equivalent to driving 11,179 mi less a year
Walker County Solar Panel Installation Incentives & Rebates | 2024
The financial burden of installing solar or wind turbines for rural agricultural enterprises and small businesses could be eased with the REAP Grant, covering 80% to 100% of the costs. Wondering if you fall into this category? Check your eligibility with our REAP Grant eligibility tool.
Homeowners can benefit from a 30% federal income tax credit for setting up residential solar panels, which makes solar power a feasible option throughout much of the country. Moreover, a number of state and local programs are available to promote solar adoption.
Alabama provides 4 solar rebates and incentives from various utility companies and government departments.
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 Walker County, AL?
If you expect to own your residence longer than the solar system's payback period, solar panels are a wise investment in Walker County. A 5 kW solar system in Walker County, AL could potentially save you $45,038.4 over the course of 20 years, with the break even point usually at 0 years.
The cost of not having solar panels in Walker County, AL
Skipping solar panels or an alternative backup energy source results in you'll miss out on the savings highlighted before and be completely dependent on your electric utility for power. As recent news articles have shown, full dependence on your utility provider is not always ideal.
Generally, customers in Walker County encounter around 1.1 outages. The typical duration of each outage is 110.86 minutes. When significant events such as construction accidents, equipment failure or high winds occur, these time frames can become much longer.
Take a look at the info below to see the number of current electricity customers without power in Walker County.
Whether equipped with a backup battery or not, a solar panel system can reduce the strain of potential future outages.
Power Outages
Currently, 0 customers are being tracked in Walker County.
What impacts the cost of solar panels in Walker County, AL?
Your Energy Needs - The upfront cost for larger solar panel systems is larger, but the cost per watt reduces as the system size expands. Many consumers realize it's a good idea to set up a solar system that can make enough power to offset their electric bill, because it helps them achieve greater savings.
Make & Model - There are a range of makes and models of solar panels and mounting equipment. Since your contractor may prefer particular brands, it's crucial to select a highly rated company. Choosing better quality materials can yield a much better long-term experience for the buyer.
Solar Panel Type - For several valid reasons, monocrystalline panels are now the industry standard. They come with a higher price, but they provide more energy. Most solar panel installers opt for this type of material.
Your Property - Each home and property is unique in its own way. Uneven land, trees, or additional considerations may complicate the installation. Today, the majority of solar installers can assess your home with satellite images and factor in these considerations in the preliminary cost estimate.
Labor Rates - Companies provide varying pay rates to their employees, which are then shown in the prices consumers pay. Businesses tend to receive higher reviews for their services and customer service when they pay better wages.
Permitting & Interconnection - Local permitting and utility interconnection fees, which vary by area, will influence your installation cost. That said, reputable local installers will be able to incorporate these numbers into your first quotes so there are no surprises.
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Walker County, AL Solar Panel Cost FAQs
The typical cost per watt for solar panels in Walker County, AL as of November, 2024 is $0/W. The cost of installing a 5 kW solar panel system in Walker County, AL is about $0post federal tax credit.
Currently, Alabama residents can benefit from 4 rebates and incentives available through various utilities and government bodies. Moreover, nearly everyone is eligible for the 30% federal income tax credit.
Paying cash offers the most savings, but there are now numerous financing options for solar panels that are also advantageous. Initial quotes from installers will frequently include information about available financing options.
Yes, homeowners in Walker County, AL can expect 5 kW solar panels to pay off in 0 years, with an estimated $45,038.4 in electricity savings during a 20-year span.