Solar Savings Calculator for Montgomery, AL
Homeowners in Montgomery pay an average of $158/month for electricity through Alabama Power. With 4.8 peak sun hours per day, solar panels can significantly reduce your energy costs.
$158
Avg Monthly Bill
14.5¢/kWh
Electricity Rate
4.8h/day
Peak Sun Hours
$51,400
Est. 25-Year Savings
Calculate Your Savings in Montgomery
Adjust Your Details for Montgomery, AL
$
$50$1,000
50010,000
5¢50¢
Your Estimated Solar Savings
System Size
7.6 kW
Panel Count
19 panels
Total System Cost
$20,900
Federal Tax Credit (30%)
-$6,270
Net Cost
$14,630
Annual Savings
$1,896
Payback Period
7.7 years
25-Year Savings
$51,400
Return on Investment
351%
* Estimates based on 4.8 peak sun hours/day in Montgomery, AL, system cost of $2.75/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.
Local Solar Details for Montgomery
Utility & Permits
- Utility Company
- Alabama Power
- Permit Cost
- $275
- Permit Timeline
- 2-4 weeks
- Net Metering
- partial
System Estimates
- Recommended Size
- 7.6 kW
- Panel Count
- 19 panels
- Gross Cost
- $20,900
- Net Cost (after credits)
- $14,630
Available Incentives for Montgomery, AL
Federal Solar Investment Tax Credit (ITC)
Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.
Other Cities in Alabama
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