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SOLAR PANELS IN OPELIKA, AL

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solar payback
AVERAGE PAYBACK
PERIOD
8 YEARS
solar money
20 - YEAR
SAVINGS
$20,150
solar casg
SOLAR PANEL COST
PER WATT
$1

THE BENEFITS OF SOLAR IN OPELIKA

has become an increasingly popular option for homeowners in Opelika, Alabama, and for good reason. There are many benefits to utilizing solar power in the home, making it a smart choice for both financial and environmental reasons. of solar energy include: * Solar panels can generate electricity for your home, which can offset your reliance on the grid and lead to significant savings on your monthly electricity bills. * Alabama offers a net metering program, which allows homeowners to receive credits on their utility bills for excess energy produced by their solar panels. This means that you can not only save money on your electricity bills, but you can also potentially earn money by selling back excess energy to the grid. * Installing solar panels can increase the value of your home, making it a worthwhile investment for the long-term.

of solar energy include: * Solar energy is a clean and renewable source of energy, which means it does not produce greenhouse gases like traditional fossil fuels. This can help homeowners reduce their carbon footprint and contribute to the fight against climate change. * Solar panels produce zero emissions, making them a clean and sustainable source of energy. * A typical residential solar panel system can offset the carbon equivalent of planting over 100 trees per year. This can help homeowners make a positive impact on the environment and contribute to a greener future for their community. Overall, solar energy is a smart and responsible choice for homeowners in Opelika, Alabama. It offers significant financial and environmental benefits, making it a worthwhile investment for the long-term.

LITTLE BIT MORE ABOUT SOLAR PANELS IN OPELIKA

solar panels
3.75 HOURS PEAK SUN

A peak sun hour is an hour in the day when the intensity of the sunlight reaches an average of 1000 watts/meter².

solar panels
0.13 ELECTRICITY RATE

The average residential electricity rate in Opelika is 0.13 Cents per Kilowatt Hour.

solar panels
20 INCENTIVES AND TAX CREDITS

There are 20 solar policies and incentives in the state of Alabama. These incentives and tax credits help reduce the cost of solar panels in order to promote this source of renewable energy. View all Incentives and Tax Credits in Alabama on dsireusa.org.

WHY SHOULD YOU CONSIDER GOING SOLAR IN OPELIKA

  • YOU CAN SAVE ON YOUR UTILITIES BILL

At the most basic level, solar panels are devices that take in the sun’s rays and convert them into electricity or heat. Once the sun hits the panels, the energy is made into electricity. A solar inverter helps turn the electricity into power that can be used. The more panels you have on a roof, the more solar electricity you can produce! Solar panels generate their own power and as a result can offset your monthly electricity bill, if not eliminate it in Opelika.

  • REDUCE YOUR CARBON FOOTPRINT IN Opelika

Solar energy is a renewable, carbon-free resource so it can help Opelika to combat greenhouse gas emissions and reduce dependence on fossil fuels. While there are what some call hidden carbon footprints regarding the manufacturing of solar panels, once installed, it is carbon free. In order for the panels to be carbon neutral meaning save more than was used during manufacturing, the solar panels will need to be in operation for 3 years. After these 3 years, the system will remain carbon neutral for the rest of its lifespan. The carbon footprint of solar panel’s is around 20% less than the carbon output of electricity sources powered by coal. Furthermore, for a system size of 6kw, there is a reduction of around 6.3 metric tons of carbon emission per year.

  • TIME SENSITIVE INCENTIVES

The Solar Investment Tax Credit, also known as the Federal Solar Tax Credit, aims to help grow solar energy in the United States. In order to help reduce the initial cost of solar, all U.S. solar customers are eligible for a tax credit for 26% off their solar system if it is installed and turned on, generating power, by the end of 2022. This tax credit can be claimed by any U.S. homeowner as long as the system is on your primary or secondary residential location. This incentive is time sensitive as in 2024 it will not be available to homeowners. Additionally, the percentage decreases in 2023 to 22%. Learn more about the Federal Solar Tax Credit at Energy.gov.

  • IMPROVE THE VALUE OF YOUR HOUSE IN Opelika

The National Renewable Energy Laboratory says that installing solar panels is viewed as an upgrade and homebuyers across the country are willing to pay a premium for the economic and environmental benefits of a solar home. Additionally, homes with solar panels often sell faster than those without. The National Renewable Energy Laboratory states that every dollar that is saved on energy through solar increases home value by $20 in Opelika . More research shows that solar panels can add an average of $18,324 to the value of a medium-sized home.

  • FIGHT AGAINST RISING ELECTRICITY COSTS IN Opelika

It is no surprise that electricity costs have been increasing. The cost of electricity has risen dramatically in the last ten years and that trend is expected to continue in Opelika, Alabama. Read more about the rising electricity costs on Energy Information Administration page. According to the Energy Information Administration, the average nominal retail electricity price paid by U.S. residential electric customers rose at the fastest rate since 2008, increasing 4.3% from 2020 to 13.72 cents per kilowatthour in 2021. Solar panels are like an insurance policy against increasing electricity rates. With home solar, you get the power to control your energy’s future.

SINCE 2018 PEOPLE IN ALABAMA HAVE SAVED ON AVERAGE $20,150

You can also join them, all you have to do is leave an application

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Disclaimer

All facts, figures, and information contained on this pages are generalizations for information purposes only. The specific figures for your address may vary. The Solar landscape is constantly evolving but here a few additional resources for you to stay up to date https://www.eia.gov/, https://www.seia.org/resources and https://www.energy.gov/solar.

The Quote Match is part of an integrated solar and home services marketplace and is not a solar installer, contractor, or government agency.© 2022 All Rights Reserved.