Solar Panel Cost Guide in Baxley, GA (2024 Update)
- Baxley Solar Installation Cost: $16,865
- 25-Year Savings: $24,844
- Payback Period: 11.6 Years
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Average Cost of Solar Panels in Baxley
Find out what the average cost of installing solar panels is in Baxley.
Although the national average of solar panels is $2.66 per watt, solar panels in Baxley generally cost about 4.Since a 6.4-kW system is needed to cover the energy costs of a typical home in Baxley, the average price of going solar will be about $16,865 after claiming the federal solar tax credit of 0.
These figures are only estimates, and how much solar costs for you will differ based on factors unique to your home and what company you go with.Many homeowners find installing a solar panel system is a solid investment. The average homeowner in Baxley can save about $21,000 on their electricity bills over 20 years.
Click the button below to get connected to a vetted solar panel company in your area for a customized quote.
Solar savings over time in Baxley
| Year | Return on Investment |
|---|---|
| 1 years | $-15,272 |
| 3 years | $-12,085 |
| 5 years | $-8,899 |
| 7 years | $-5,712 |
| 9 years | $-2,526 |
| 11 years | $661 |
| 13 years | $3,847 |
| 15 years | $7,034 |
| 17 years | $10,220 |
| 19 years | $13,407 |
| 21 years | $16,593 |
| 23 years | $19,779 |
| 25 years | $22,966 |
Top Solar Installers in Baxley
DIY solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Taking advantage of an installer can make swapping over to solar power much easier. Local solar installers can also help you maximize your return on investment by assisting with any local incentives and by offering warranties and repairs.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some in Baxley:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Baxley
Factors that Affect Solar Panel Costs in Baxley
The cost of installing a solar system in Baxley can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the price of solar panels in Baxley, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy usage, which you can figure out by looking at past energy bills. Your overall cost can increase by about $3,740 for each additional kilowatt you need.The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your electric bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Baxley average.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That’s why many Baxley homeowners decide to finance their solar panel systems to offset upfront costs.However, the interest on solar loans also increases your all-in costs, so it’s vital to keep that in mind as well. You can always bring down the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installer you choose to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar installation companies in Baxley, and each can charge different amounts for labor and equipment.Additionally, some companies in Baxley know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.89 | $16,336 | $17,513 | 12.1 years |
| 8 kW | $3.81 | $21,363 | $23,770 | 11.8 years |
| 10 kW | $3.74 | $26,180 | $30,236 | 11.6 years |
| 12 kW | $3.67 | $30,788 | $36,911 | 11.4 years |
| 14 kW | $3.59 | $35,186 | $43,796 | 11.1 years |
| 16 kW | $3.52 | $39,375 | $50,891 | 10.9 years |
| 18 kW | $3.44 | $43,354 | $58,195 | 10.7 years |
| 20 kW | $3.37 | $47,124 | $65,708 | 10.4 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since picking a company can be a tough decision, we have some tips to help you, such as:
- Installation Process: Make sure you’re aligned with the installer regarding how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Contract: Read the contract terms thoroughly to make sure you understand the overall cost, project timeline rebates and warranties.
- Solar Panel Brands: Different companies will have various brands and kinds of panels. If you prefer a specific brand, make sure the solar panel installer you’re considering has it.
- Warranty: If you’re worried about the durability of your solar panels, verifying that your company offers a 25-year, all-inclusive warranty can help put you at ease.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Baxley, GA Solar Cost FAQs
How much does it cost to install solar panels in Baxley?
The average cost of solar panels in Baxley is about $18,700 for a 5-kW system and $37,400 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Baxley?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Is it worth going solar in Baxley?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.