Home Solar Panels Alabama

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.

Home solar panels alabama.

The only electric utility in alabama offering solar rebates and a feed in tariff is tva which serves around 17 of the state. Federal solar tax credit. 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. Let us help you determine if installing a solar energy system is right for you.

As a fully licensed electrical contractor this means we work with you throughout the entire process from system design and permitting to full installation. 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. There is also the 30 federal tax credit which applies anywhere in the usa and takes away a huge portion of the initial investment. The alabama public service commission will hold a nov.

21 hearing on a challenge to the fees charged by alabama power. The average solar panel setup for a home costs about 10 000 according. And federal returns on this method still apply. Home equity line of credit heloc this line of credit is the most feasible option for acquiring solar power in 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.