Cost & Savings Breakdown
Based on $150/month electric bill in Hoover
System Size
6.9 kW
Annual Production
10,210 kWh
Gross System Cost
$20,225
Federal Tax Credit (30%)
-$6,067
State Incentive
None
Net Cost
$14,157
Monthly Savings
$122
CO₂ Offset/yr
9,393 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityAlabama Power
Net Metering PolicyAvoided Cost
Compensation RateAvoided cost rate
Capacity Limit25 kW limit
Electricity Rate$0.143/kWh
Peak Sun Hours5.1 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
Common Questions
How much does solar cost in Hoover?
Solar in Hoover, Alabama costs approximately $20,225 for a 6.9 kW system. After the 30% federal tax credit, your net cost is about $14,157.
What is the solar payback period in Hoover?
The estimated payback period for solar in Hoover is 9.7 years, based on a $150/month electric bill and local sun hours of 5.1 hrs/day.
Does Alabama Power offer net metering?
Alabama Power offers Avoided Cost net metering. Avoided cost rate.