Solar Panel Cost Guide in Alliance, NE (2024 Update)
- Alliance Solar Installation Cost: $22,420
- 25-Year Savings: $33,159
- Payback Period: 11.0 Years
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Average Cost of Solar Panels in Alliance
Find out what the average cost of solar panel installation is in Alliance.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Alliance, the average cost of solar panels is 4 per watt.Since a 8.9-kW system is needed to cover the energy usage of a typical home in Alliance, the average price of going solar will be about $22,420 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of going solar can vary depending on a few factors, such as how many panels you need, your energy consumption and what solar installer you go with.For most homeowners, the upfront investment in solar is worth paying. On average you could be looking at about $22,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a top solar installer in Alliance for a quote for your home.
Solar savings over time in Alliance
| Year | Return on Investment |
|---|---|
| 1 years | $-21,198 |
| 3 years | $-18,754 |
| 5 years | $-16,310 |
| 7 years | $-13,865 |
| 9 years | $-11,421 |
| 11 years | $-8,977 |
| 13 years | $-6,533 |
| 15 years | $-4,089 |
| 17 years | $-1,645 |
| 19 years | $799 |
| 21 years | $3,244 |
| 23 years | $5,688 |
| 25 years | $8,132 |
Top Solar Installers in Alliance
Although it's possible to install solar panels on your own, it takes extra energy and handiness. For that reason, most people choose to hire a solar panel installer. Plus, warranties and repairs from your solar panel installer can protect your investment and lower the cost of maintenance over the lifespan of your panels.
Working with a licensed solar company can make going solar easier. Here are our recommendations:
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Alliance
Factors that Affect Solar Panel Costs in Alliance
There are several criteria that can affect your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,580.There are several different solar panel brands and the one you pick also affects the cost. Generally, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you choose can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are an affordable option because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The last major cost factor you should keep in mind is the installer you choose. Given the booming popularity of green energy solutions in Alliance, you’ll have a great number of options to choose from, but each comes at varying price points for labor and equipment.Larger national companies usually have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.72 | $15,637 | $18,486 | 11.5 years |
| 8 kW | $3.65 | $20,449 | $25,049 | 11.2 years |
| 10 kW | $3.58 | $25,060 | $31,813 | 11.0 years |
| 12 kW | $3.51 | $29,471 | $38,777 | 10.8 years |
| 14 kW | $3.44 | $33,681 | $45,941 | 10.6 years |
| 16 kW | $3.37 | $37,690 | $53,306 | 10.4 years |
| 18 kW | $3.29 | $41,499 | $60,872 | 10.1 years |
| 20 kW | $3.22 | $45,108 | $68,638 | 9.9 years |
How to Save on Solar Panels
The solar company you choose will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should keep in mind, including:
- Installation Process: When going solar, it’s essential to keep an open line of communication with your solar panel installer. Confirm that you understand how the installation process works and the project completion timeline.
- Solar Panel Brands: Different companies will carry different brands and models of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running smoothly and save you money on repairs and maintenance.
- Reputation: Well-established companies likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Alliance, NE Solar Cost FAQs
How much does it cost to install solar panels in Alliance?
This is a tough question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $17,900 for a 5-kW system and $35,800 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Are solar panels free in Alliance?
A solar panel system isn’t free in Alliance, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Does Alliance have a net metering program?
Most states have net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.