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

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

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

For solar panel systems in Wetumpka, AL, the price per watt in November, 2024 is , on average, $3.97/W.

This means that, solar panel installations will cost you $3,970 per 1000 watts (1 kW) of generation capacity. In Wetumpka, a 5 kW panel install will require you to pay, on average, $13,895 after the 30% federal income tax credit. Your energy use habits could need a larger system.

Use the menu on the left to pick your county and see the typical roof size and the average maximum capacity for solar panel systems on residences in your area. Below, you can find a complete overview of the costs, payback period, and 20-year typical savings for a 5 kW system installed in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Wetumpka: $13,895US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Wetumpka: 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.
Wetumpka: $25,023US Average: $16,169

Solar Potential in Wetumpka

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

Roof size 822sq. ft.
Capacity 11.5kW DC
Electricity 14.6kkWh AC per yr.

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

The typical monthly kWh usage for a Wetumpka resident is 1,141, with an average monthly bill of $186.97. Be mindful that this data set includes apartments and other smaller residences with usually reduced energy requirements.

The electricity rate per kWh in Wetumpka, AL for November 2024 is 16.39¢.

An average energy consumer in Wetumpka needs a solar system of a minimum of 10 kW to account for their full electricity usage demands. The expected cost is around $39,700for a 10 kW solar system upfront, but the federal tax credit gives you 30% back, lowering the cost to $27,790.

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Average solar panel costs by system size in Wetumpka

To the left, you'll see a detailed cost breakdown of the multiple sizes of solar panel systems set up in Wetumpka. The initial cost for larger solar systems is higher, but they also yield more significant electricity savings and more substantial income tax credits.

Check a cost benefit analysis in the solar panel cost calculator to the right and below, for an average electric bill of $186.97 in Wetumpka. By modifying the $186.97 to your typical electricity bill, you can get customized results.

System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,450 a year
Est. Price
$16,674
Savings from a 6kWthis system
  • Est. yearly production 9,065 kWh
  • Est. monthly savings $121
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 3.68 tons a year
  • Equivalent to planting 169 trees a year
  • Equivalent to driving 9,113 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,692 a year
Est. Price
$19,453
Savings from a 7kWthis system
  • Est. yearly production 10,576 kWh
  • Est. monthly savings $141
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 4.3 tons a year
  • Equivalent to planting 197 trees a year
  • Equivalent to driving 10,632 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,934 a year
Est. Price
$22,232
Savings from a 8kWthis system
  • Est. yearly production 12,087 kWh
  • Est. monthly savings $161
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 4.91 tons a year
  • Equivalent to planting 225 trees a year
  • Equivalent to driving 12,151 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $2,176 a year
Est. Price
$25,011
Savings from a 9kWthis system
  • Est. yearly production 13,598 kWh
  • Est. monthly savings $181
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 5.52 tons a year
  • Equivalent to planting 254 trees a year
  • Equivalent to driving 13,670 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $2,417 a year
Est. Price
$27,790
Savings from a 10kWthis system
  • Est. yearly production 15,109 kWh
  • Est. monthly savings $187
  • 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

Wetumpka Solar Panel Installation Incentives & Rebates | 2024

If you're a rural small business or farm owner, you might be eligible for REAP Grant coverage of between 80% and 100% for your photovoltaic or wind turbine project. Curious about your eligibility? Use our REAP Grant eligibility tool to check.

Most homeowners can qualify for the 30% federal income tax credit for residential solar, making solar energy a practical option throughout most parts of the country. In addition to federal incentives, there are many state and local initiatives to encourage solar energy adoption.

Alabama offers 4 solar rebate and incentive programs through different utilities and government 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?

If you're planning to stay in your home past the period required to pay back your solar investment, installing solar panels is a wise decision in Wetumpka. A 5 kW system in Wetumpka, AL will save you personally, on average, $30,977.8 over a 20 period and the average break even point is 6 years.

The cost of not having solar panels in Wetumpka, AL

Besides missing out on the previously mentioned savings, not having solar panels or a separate backup energy source makes you fully reliant on your electric utility for electricity. Relying entirely on your utility isn't always ideal, as several recent news reports have highlighted.

Each year, the utilities in Wetumpka have averaged about 1.1 outages per customer. On average, the length of an outage is 197.39 minutes. Major events like thunderstorms, equipment failure, or vandalism can cause these durations to rise considerably.

A solar energy system, whether or not it has a backup battery, could help reduce the effects of any future power interruptions you might face.

Power Outages

Currently, 0 customers are being tracked in Elmore County.

Learn more

Customers Out:

0

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

Your Energy Needs - Even though larger solar panel systems are more expensive initially, the average price per watt reduces as the system size increases. Consumers often find that installing a solar system that can offset their electric bill is extremely useful. This method leads to maximum savings.

Make & Model - There are a wide variety of makes and models of solar panels and mounting equipment. Your installer’s system preferences might necessitate picking a reputable company. Buyers frequently find that using better quality models provides a more positive long-term experience.

Solar Panel Type - For numerous good reasons, monocrystalline panels are now the standard in the industry. Although they are more expensive, they deliver increased energy. The majority of installers use panels made from this material.

Your Property - No two properties or homes are identical. Trees, uneven ground, or other obstructions can increase the difficulty of the installation. Solar installers currently commonly leverage satellite imagery to evaluate your home and incorporate these considerations into the initial cost estimate.

Labor Rates - Variations in employee wages across companies cause expenses that are transferred to the consumers. Higher wages often lead to companies getting better reviews for their services and customer service.

Permitting & Interconnection - Your final installation cost will be impacted by local permitting and utility interconnection fees, which vary by area. Reliable local installers will incorporate these figures into your initial 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 Wetumpka?

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.

Wetumpka, AL Solar Panel Cost FAQs

  • As of November, 2024, the average solar panel installation cost in Wetumpka, AL has reached $3.97/W. In Wetumpka, AL, the cost of installing a 5 kW solar panel system is approximately $13,895 after applying the federal tax credit.
  • At present, there are 4 rebates and incentives available to Alabama residents from various utility and government programs. Moreover, nearly everyone is eligible for the 30% federal income tax credit.
  • Paying cash yields the most savings, but there are now multiple financing options for solar panels that are also cost-effective. Information about financing options will often be detailed in your preliminary quotes by many installers.
  • Yes, in Wetumpka, AL, 5 kW solar panel systems usually pay off in 6 years, providing an average electricity cost savings of $30,977.8 over a 20-year period.
King Manalo
Last Reviewed By: King Manalo
Published: 2024-11-05