Solar Panel Cost Guide in Conyers, GA (2024 Update)
- Conyers Solar Installation Cost: $17,554
- 25-Year Savings: $20,292
- Payback Period: 13.6 Years
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Average Cost of Solar Panels in Conyers
Here’s how much it might cost to install solar panels in Conyers.
The national average cost of solar panels is $2.66 per watt, but in Conyers it’s 4 per watt.To account for the typical energy needs of the average home in Conyers, most homeowners require a 6.7-kilowatt system. Using the figure above, a solar installation costs about $17,554, or $25,102 before the federal solar tax credit of 0 is applied.
Keep in mind that the figures above are only estimates based on the average Conyers homeowner. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.With average savings of about $18,000 on electricity bills over 20 years, many homeowners in Conyers find investing in solar can be quite rewarding.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Conyers
| Year | Return on Investment |
|---|---|
| 1 years | $-15,961 |
| 3 years | $-12,774 |
| 5 years | $-9,588 |
| 7 years | $-6,401 |
| 9 years | $-3,215 |
| 11 years | $-28 |
| 13 years | $3,158 |
| 15 years | $6,345 |
| 17 years | $9,531 |
| 19 years | $12,718 |
| 21 years | $15,904 |
| 23 years | $19,091 |
| 25 years | $22,277 |
Top Solar Installers in Conyers
Although it's possible to install solar panels yourself, it involves extra time and expertise. That's why the majority of homeowners choose to hire a solar panel installer. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and part replacements.
If you're looking for a solar installer in Conyers, we've put together 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 Conyers
Factors that Affect Solar Panel Costs in Conyers
The cost of installing a solar system in Conyers can vary by more than $10,000 from home to home. Your actual cost is determined by 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 company you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power generation use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,740.There are several different solar panel brands and the one you choose also changes the cost. Generally, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you choose can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels in cash is too expensive, solar loans are a popular route because they lower your upfront costs and allow you to pay for your system over five to seven years on average.However, the interest on solar loans also increases your overall costs, so it’s crucial to include that in your estimate as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar panel installer you select will affect your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.Additionally, some companies in Conyers have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save 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 | $12,532 | 14.1 years |
| 8 kW | $3.81 | $21,363 | $17,128 | 13.9 years |
| 10 kW | $3.74 | $26,180 | $21,933 | 13.6 years |
| 12 kW | $3.67 | $30,788 | $26,948 | 13.3 years |
| 14 kW | $3.59 | $35,186 | $32,173 | 13.1 years |
| 16 kW | $3.52 | $39,375 | $37,607 | 12.8 years |
| 18 kW | $3.44 | $43,354 | $43,250 | 12.5 years |
| 20 kW | $3.37 | $47,124 | $49,103 | 12.2 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose considerably influences your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you choose.
- Installation Process: Make sure you’re aligned with the installer in regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
- Contract: Look through the contract terms thoroughly to make sure you understand the total cost, project completion timeline incentives and warranties.
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 Conyers, GA Solar Cost FAQs
How much does it cost to install solar panels in Conyers?
The average cost of solar panels in Conyers 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 things like the kind 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 Conyers?
Leasing solar panels can be an option if you can’t pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to 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.
How much can I save on energy bills after installing solar panels?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Conyers, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Conyers?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them after having them for that long or you can continue to use 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.