Home Solar Panels Alabama

At this rate of savings the cost of your solar panel system would pay for itself off in around 16 years which is slightly longer than it would take to pay off a loan.

Home solar panels alabama.

Top solar contractor in alabama founded in 2007 southern solar systems is a design supply and install contractor for residential and commercial properties. The alabama public service commission will hold a nov. What s new for 2020 we wish we had a sunnier update to report but the alabama state legislature has done very little to encourage home solar power development continuing to miss golden opportunities to harness natural solar resources and team with existing utility programs to create a strong statewide solar incentives. The average solar panel setup for a home costs about 10 000 according.

The most significant and only incentive to install solar panels for homes and businesses in alabama is the federal solar tax credit at the end of 2020 the amount of the credit will decrease from 26 to 22 of the cost of the solar installation. The only electric utility in alabama offering solar rebates and a feed in tariff is tva which serves around 17 of the state. 21 hearing on a challenge to the fees charged by alabama power. As a fully licensed electrical contractor this means we work with you throughout the entire process from system design and permitting to full installation.

Home equity line of credit heloc this line of credit is the most feasible option for acquiring solar power in alabama. For more information about solar thermal and electric system opportunities at your home or business contact alabama power s energy line mon fri 7 30 a m 5 30 p m at 1 800 990 2726. There is also the 30 federal tax credit which applies anywhere in the usa and takes away a huge portion of the initial investment. Federal solar tax credit.

Alabama power charges a 5 per kilowatt fee based on the capacity of the home system on people who use solar panels or other means to generate part of their own electricity.