Solar Panel Cost Guide in Belvedere Park, GA (2024 Update)
- Belvedere Park Solar Installation Cost: $17,721
- 25-Year Savings: $23,578
- Payback Period: 12.4 Years
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Average Cost of Solar Panels in Belvedere Park
Find out what the average cost of a solar system is in Belvedere Park.
In Belvedere Park, solar panels cost about 4 per watt on average.The average solar panel system size in Belvedere Park is around 6.8 kilowatts, meaning a cost of about $17,721 for a solar installation, or $25,341 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Belvedere Park homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Even with the large initial cost, the average Belvedere Park homeowner can save around $20,000 on their electricity bills over 20 years, which is one of the positives of solar.
You can click the button below to get connected with a top solar installer in Belvedere Park that can help you get a more accurate cost estimate for your home.
Solar savings over time in Belvedere Park
| Year | Return on Investment |
|---|---|
| 1 years | $-16,128 |
| 3 years | $-12,942 |
| 5 years | $-9,755 |
| 7 years | $-6,569 |
| 9 years | $-3,382 |
| 11 years | $-196 |
| 13 years | $2,991 |
| 15 years | $6,177 |
| 17 years | $9,364 |
| 19 years | $12,550 |
| 21 years | $15,736 |
| 23 years | $18,923 |
| 25 years | $22,109 |
Top Solar Installers in Belvedere Park
When making the switch to solar, many homeowners opt to use a solar company since installing solar panels yourself can be a challenging project. Some solar installers, particularly local ones, can help you make the most of incentives in Belvedere Park, optimizing your ROI.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some nearby:
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 Belvedere Park
Factors that Affect Solar Panel Costs in Belvedere Park
For many Belvedere Park homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Belvedere Park, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.The kind 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, more efficient panels could save you more over time on your energy bills. In addition, add-on products, like solar batteries, can bump up your total well above the Belvedere Park average.
Solar Financing Terms
Most solar companies in Belvedere Park offer solar loans, which reduce the initial cost of installing solar panels.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panel system can affect your pricing. Belvedere Park’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.
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 | $15,272 | 12.9 years |
| 8 kW | $3.81 | $21,363 | $20,782 | 12.7 years |
| 10 kW | $3.74 | $26,180 | $26,501 | 12.4 years |
| 12 kW | $3.67 | $30,788 | $32,430 | 12.2 years |
| 14 kW | $3.59 | $35,186 | $38,568 | 11.9 years |
| 16 kW | $3.52 | $39,375 | $44,915 | 11.7 years |
| 18 kW | $3.44 | $43,354 | $51,472 | 11.4 years |
| 20 kW | $3.37 | $47,124 | $58,238 | 11.2 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
- Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Contract: When reading over your solar company’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 Belvedere Park, GA Solar Cost FAQs
What is the average cost of installing solar panels in Belvedere Park?
The average cost of solar panels in Belvedere Park is about $18,700 for a 5-kW system and $37,400 for a 10-kW system before the ITC, but the actual cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Belvedere Park?
A solar panel system isn’t free in Belvedere Park, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is going solar worth it?
Solar panels can be a good investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
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.