Alabama power solar program

What solar programs are available in Alabama?

Here a few of the local solar programs available in Alabama. AlabamaSAVES Loan Program: This program provides low-interest loans to Alabama businesses and nonprofits for energy efficiency and renewable energy projects, including solar installations. It offers attractive financing options to support the transition to clean energy.

Does Alabama have a solar incentive program?

Yes, there are several incentive programs available to homeowners in Alabama that can help save money while going solar. While the state doesn’t have much in the way of dedicated solar benefit programs strictly for Alabamans, there are programs available locally and nationwide that can bring down your effective costs by thousands of dollars.

Does Alabama offer a solar rebate?

At the current rates, the Alabama Power rate PAE and rate rider RGB mean a solar purchase in Alabama won’t pay back its initial investment until after 15 years. Not much of an incentive at all. Unfortunately, Alabama does not offer any cash rebates for solar panels. The state does have one fairly decent solar incentive, however...

How much does Alabama Power charge for solar panels?

Second, if your panels produce more energy than you can use at any given time, Alabama Power will pay you a special sub-retail rate for the excess. The most recent rates can be found here, but they are generally around $.03/kWh during peak times and $.025/kWh during off-peak times.

What is solar power & how does it work?

Solar power is clean energy, generated from a renewable energy source through an emission-free process, which also emits no noise or odor-pollution. This energy is converted from sunlight directly into electricity. The conversion happens when sunlight hits solar cells, also known as photovoltaic (PV) cells, arranged in a module or panel.