Solar Panel Cost Guide in Cedartown, GA (2024 Update)
- Cedartown Solar Installation Cost: $18,110
- 25-Year Savings: $22,881
- Payback Period: 12.9 Years
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Average Cost of Solar Panels in Cedartown
Let’s take a look at the average cost of solar in Cedartown.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Cedartown, the typical cost of solar panels is 4 per watt.The average Cedartown homeowner needs a 6.9-kilowatt system, which would cost about $18,110 with the federal tax credit, or $25,897 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of going solar can vary quite a bit based on a few factors, such as how many panels you need, your energy usage and what installation company you go with.For many homeowners, the upfront cost of solar power is worth paying. On average Cedartown homeowners see about $19,000 in savings on energy bills over 20 years.
To receive a free quote from a top solar installation company in Cedartown, you can click the button below.
Solar savings over time in Cedartown
| Year | Return on Investment |
|---|---|
| 1 years | $-16,517 |
| 3 years | $-13,330 |
| 5 years | $-10,144 |
| 7 years | $-6,957 |
| 9 years | $-3,771 |
| 11 years | $-584 |
| 13 years | $2,602 |
| 15 years | $5,789 |
| 17 years | $8,975 |
| 19 years | $12,162 |
| 21 years | $15,348 |
| 23 years | $18,535 |
| 25 years | $21,721 |
Top Solar Installers in Cedartown
When making the switch to solar, many homeowners choose to go with a solar company since putting up a solar system yourself can be a difficult project. In addition, if you’d like to maximize your investment in solar energy, using a solar installer can help with that too. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives, rebates and net metering programs.
If you're looking for a solar company in Cedartown, we've organized a list of our top suggestions here:
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 Cedartown
Factors that Affect Solar Panel Costs in Cedartown
For many Cedartown homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Cedartown, with typical prices between $20,000 to $40,000. There are a few factors that considerably 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 affects the overall cost of going solar. For that reason, it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
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 Cedartown homeowners opt to finance their solar panel systems to offset upfront costs.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
Finally, the company you get to install your solar panel system can impact your pricing. Cedartown’s solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices due to their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $14,220 | 13.4 years |
| 8 kW | $3.81 | $21,363 | $19,379 | 13.1 years |
| 10 kW | $3.74 | $26,180 | $24,747 | 12.9 years |
| 12 kW | $3.67 | $30,788 | $30,325 | 12.6 years |
| 14 kW | $3.59 | $35,186 | $36,112 | 12.3 years |
| 16 kW | $3.52 | $39,375 | $42,108 | 12.1 years |
| 18 kW | $3.44 | $43,354 | $48,314 | 11.8 years |
| 20 kW | $3.37 | $47,124 | $54,730 | 11.6 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one sign of a quality company.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Even though there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of offerings before deciding.
- Contract: When reading through your solar installer’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years in most cases offer quality solar panel installation and expertise.
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 Cedartown, GA Solar Cost FAQs
How much does it cost to install solar panels in Cedartown?
This is a tough question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $18,700 for a 5-kW system and $37,400 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Cedartown?
Leasing solar panels can be an appealing choice, as it commonly comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
How will installing solar panels impact my property value?
Solar panels can increase your property’s value significantly as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.