Solar Panels Cost $0k-$0k in Wilcox County, AL | November, 2024
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How much do solar panels cost in Wilcox County, AL in 2024?
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In November, 2024 in Wilcox County, AL you'll spend about $0 per watt to have a solar system.
Expect the price to be $0, on average, for every 1000 watts (or 1 kW) of solar energy your solar system will need to generate. We are able to come up with this number by utilizing the rate price cost. In Wilcox County, a 5 kW solar panel system will require you to pay, on average, $0 after the 30% federal income tax credit. To meet your energy needs, you may need a bigger system.
By selecting your county on the left, you can see the average roof size and the average maximum capacity for residential solar panel systems in your area. Below is an analysis of the 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.
Wilcox County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Wilcox 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.
Wilcox County: $44,045US Average: $16,169
Solar Potential in Wilcox County
Estimated system size and solar electricity production per median viable roof in Wilcox County.
Roof size 912sq. ft.
Capacity 12.75kW DC
Electricity 16.2kkWh AC per yr.
Electricity Costs in Wilcox County, AL & What that Means for Your Solar Panel Pricing
Wilcox County residents generally consume 1,069 kWh of electricity each month, with bills averaging 183.52. Flats and other smaller housing units with diminished energy requirements are covered in this statistic.
The rate of electricity in Wilcox County, AL, averaging, is 17.17¢ per kWh in November 2024.
Right now, a 9 kW setup is priced at $0, but the 30% federal tax credit lowers it to $0
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Wilcox County
On your left, you will see a detailed cost analysis for multiple solar panel system sizes set up in Wilcox County. Larger solar installations have a greater cost, yet they also yield greater electricity savings and higher income tax credits.
In the calculator found below and to the right, you will find a breakdown of solar panel costs and benefits, calculated with an average $183.52 electric bill for Wilcox County. Custom results can be gotten by changing the $183.52 to your typical bill amount.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,284 a year
Est. Price
$0
Savings from a 5kWthis system
Est. yearly production 7,554 kWh
Est. monthly savings $107
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 3.77 tons a year
Equivalent to planting 173 trees a year
Equivalent to driving 9,326 mi less a year
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 4.52 tons a year
Equivalent to planting 208 trees a year
Equivalent to driving 11,191 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 5.27 tons a year
Equivalent to planting 242 trees a year
Equivalent to driving 13,056 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 6.03 tons a year
Equivalent to planting 277 trees a year
Equivalent to driving 14,922 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 $184
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 6.48 tons a year
Equivalent to planting 298 trees a year
Equivalent to driving 16,034 mi less a year
Wilcox County Solar Panel Installation Incentives & Rebates | 2024
The REAP Grant offers substantial financial support, potentially covering 80% to 100% of the costs for rural businesses and farms to install solar energy or wind energy systems. Think you might be eligible? Verify your qualification with our REAP Grant eligibility tool.
Most people can benefit from the 30% federal income tax credit for residential solar, making it a feasible investment in numerous areas of the country. Numerous regional and state programs are in place to encourage solar energy adoption.
There are 4 solar rebate and incentive initiatives currently available in Alabama by various utilities and government bodies.
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 Wilcox County, AL?
If you intend to live in your home beyond the time it takes to recoup your solar investment, installing solar panels in Wilcox County is an smart decision. With a 5 kW solar system in Wilcox County, AL, the average savings over a 20 period is $44,044.8, with break even usually occurring at 0 years.
The cost of not having solar panels in Wilcox County, AL
Apart from 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. Many recent news stories have made it evident that complete reliance on your utility isn't always the best idea.
Over the last several years, utilities in Wilcox County have had an average of 1.1 outages per customer annually. The typical duration of each outage is 110.86 minutes. When significant events such as planned maintenance, aging infrastructure or thunderstorms occur, these time frames can become much longer.
View the component below to see the number of current electricity customers without power in Wilcox County.
A solar panel system, whether or not it has a backup battery, could help reduce the impact of future outages you might face.
Power Outages
Currently, 0 customers are being tracked in Wilcox County.
What impacts the cost of solar panels in Wilcox County, AL?
Your Energy Needs - The upfront cost for larger solar panel systems is larger, but the cost per watt decreases as the system size expands. Homeowners often find that setting up a solar system that can cover their entire electric bill is advantageous, leading to maximum savings.
Make & Model - There are numerous brands and models of solar panels. The installer you select may have particular brand preferences, so it's crucial to select a reputable contractor. Superior quality models generally result in a more satisfactory long-term experience for buyers.
Solar Panel Type - The standard in the industry is now monocrystalline panels, and justifiably so. They come with a higher price but are more efficient. Many solar panel installers use panels made of this kind of material.
Your Property - Every property and home is distinct. Trees, sloping terrain, or additional hurdles can make the installation more difficult. These days, solar installers typically use satellite images to evaluate your home and include these factors into the first cost estimate.
Labor Rates - The wages that companies offer their employees vary, and these expenses are inevitably shown in consumer prices. Usually, companies paying more in wages also enjoy higher ratings for their work and customer service.
Permitting & Interconnection - Permitting and utility interconnection fees change locally and will influence your installation cost. Quality local installers will include these figures in your first estimates to provide transparency.
See what solar panels cost in other Wilcox County cities
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Who are the best solar installers in Wilcox County?
Expertise in consulting on advantageous financing for solar.
Consulting on all things solar related.
Wilcox County, AL Solar Panel Cost FAQs
As of November, 2024, the typical cost for solar panels in Wilcox County, AL is $0/W. A 5 kW solar panel system will cost you around $0 in Wilcox County, AL after the federal tax credit is applied.
There are 4 rebates and incentives available in Alabama from a range of utility providers and government organizations. Furthermore, the majority of people qualify for the 30% federal tax credit.
Paying cash offers the highest savings, but there are now numerous financing options for solar panels that are also cost-effective. Installers typically partner with financing companies and will provide this information into your initial quotes.
Yes, on average, the return on investment for 5 kW solar panel systems in Wilcox County, AL is achieved in 0 years, with electricity savings amounting to $44,044.8 over 20 years.
Savings from 
Environmental Impacts 
