Solar Panel Cost Guide in Cumming, GA (2024 Update)
- Cumming Solar Installation Cost: $17,845
- 25-Year Savings: $21,444
- Payback Period: 13.3 Years
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Average Cost of Solar Panels in Cumming
Let’s take a look at the average cost of solar panels in Cumming.
In Cumming, solar panels cost about 4 per watt on average.Since a 6.8-kW system is needed to cover the energy usage of a typical home in Cumming, the average price of going solar will be about $17,845 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 adopting solar power is a solid investment. The average homeowner in Cumming can save around $19,000 on their energy bills over 20 years.
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Solar savings over time in Cumming
| Year | Return on Investment |
|---|---|
| 1 years | $-16,252 |
| 3 years | $-13,066 |
| 5 years | $-9,879 |
| 7 years | $-6,693 |
| 9 years | $-3,506 |
| 11 years | $-320 |
| 13 years | $2,867 |
| 15 years | $6,053 |
| 17 years | $9,240 |
| 19 years | $12,426 |
| 21 years | $15,613 |
| 23 years | $18,799 |
| 25 years | $21,986 |
Top Solar Installers in Cumming
DIY solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Hiring an installer can make swapping over to solar power much easier. Companies can also provide access to various kinds of the best solar panels and help you choose which one will be right for your home.
Working with a professional solar company can make going solar easier. Here are our recommendations:
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 Cumming
Factors that Affect Solar Panel Costs in Cumming
Even though the average cost of a solar system in Cumming is $17,845, your final cost may be above or below the average. There are many factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,740.There are many different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that are more efficient tend to also be more expensive. In addition, the type of equipment you’re looking to get 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
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are available from most installers in Cumming, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
Finally, the company you hire to install your solar panel system can play a role in determining the cost. Cumming’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Cumming have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. 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 | $13,249 | 13.8 years |
| 8 kW | $3.81 | $21,363 | $18,085 | 13.5 years |
| 10 kW | $3.74 | $26,180 | $23,130 | 13.3 years |
| 12 kW | $3.67 | $30,788 | $28,384 | 13.0 years |
| 14 kW | $3.59 | $35,186 | $33,848 | 12.7 years |
| 16 kW | $3.52 | $39,375 | $39,521 | 12.5 years |
| 18 kW | $3.44 | $43,354 | $45,403 | 12.2 years |
| 20 kW | $3.37 | $47,124 | $51,495 | 11.9 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:
- Contract: Read the contract terms thoroughly to make sure you understand the cost breakdown, completion timeline rebates and warranties.
- 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 that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panel system running for a long time and save you money on repairs and maintenance.
- Installation Process: When going solar, it’s crucial to keep an open line of communication with your solar panel installer. Confirm that you understand how the installation process works and the project completion timeline.
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 Cumming, GA Solar Cost FAQs
How much does it cost to install solar panels in Cumming?
The average cost of solar panels in Cumming 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 such as the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Cumming?
A solar panel system isn’t free in Cumming, 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 can help lower the cost.
Can solar panels significantly reduce my power bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Cumming, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level 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.