Alabama has few incentives for solar installations except for the Federal Solar Tax Credit. Under the Federal Solar Tax Credit Program, you will be paid back the 26% of your total system after a year. Also, it should be duly noted that there is no cap on this credit. For residents that live within the Tennessee Valley Authority’s network, there is a one-time rebate for installing solar energy at a property.
There are 21 states in the country with renewable energy portfolio standards and five states that have renewable energy goals. Alabama is not part of either group. Moreover, Alabama ranks down in 49th position when it comes to home solar. According to a recent study on the solar industry in America, Alabama ranked 8th for states that would be most helped by increasing solar capacity. Despite the flourishing renewable energy industry, in order for Alabamians to make use of these solar resources local officials need to start encouraging statewide incentives.
Alabama ranks 24 in highest electricity prices, with a rate of $0.12/kWh. Harness this free and ubiquitous energy to cut costs in your electricity bill. Installing solar panels increase your value up to 20 times your annual energy bill savings.
Alabama does get plenty of sun, and has a small group of dedicated, reliable solar developers and contractors in the state. Find installers in Atlanta here.
According to a recent study on the solar industry in America, Alabama ranked 8th for states that would be most helped by increasing solar capacity. So be a part of the benefits. Simply fill out our short solar inquiry form, and get an estimate from one of the many installers in the state or look over some of the companies in our network.