Solar Panel Cost Guide in Fitzgerald, GA (2024 Update)
- Fitzgerald Solar Installation Cost: $16,860
- 25-Year Savings: $26,767
- Payback Period: 11.0 Years
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Average Cost of Solar Panels in Fitzgerald
We break down average solar pricing in Fitzgerald.
The average cost of a solar system in Fitzgerald is 4 per watt.The average solar panel system size in Fitzgerald is around 6.4 kilowatts, meaning a cost of about $16,860 for a solar installation, or $24,110 before the 0 federal solar tax credit is applied.
These figures are only averages, and your own solar costs may differ based on the amount of energy your home requires and what company you go with.But, once you've paid the upfront cost of installation, the return on investment for most homeowners is quite good, with a net average savings of about $23,000 over 20 years on electricity bills.
Click the button below to get connected to a top solar company in Fitzgerald for a custom quote.
Solar savings over time in Fitzgerald
| Year | Return on Investment |
|---|---|
| 1 years | $-15,267 |
| 3 years | $-12,080 |
| 5 years | $-8,894 |
| 7 years | $-5,707 |
| 9 years | $-2,521 |
| 11 years | $666 |
| 13 years | $3,852 |
| 15 years | $7,039 |
| 17 years | $10,225 |
| 19 years | $13,412 |
| 21 years | $16,598 |
| 23 years | $19,785 |
| 25 years | $22,971 |
Top Solar Installers in Fitzgerald
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Using a solar panel installer can make your switch to solar power much easier. The payback period on an investment in solar panels will vary depending on factors like your roof configuration and energy needs, but working with a solar company can shorten that period. Your provider will be able to help you apply for incentives available in your area.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some in Fitzgerald:
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 Fitzgerald
Factors that Affect Solar Panel Costs in Fitzgerald
There are several criteria that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
When it comes to estimating the price of a solar panel system in Fitzgerald, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can determine by looking at past energy bills. Your total cost can increase by around $3,740 for each additional kilowatt you need.The type of solar panels and equipment you choose is another factor that will considerably impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Fitzgerald to be too steep, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The last significant cost factor you should consider is the installer you choose. Given the massive popularity of green energy solutions in Fitzgerald, you’ll have many options to choose from, but each comes at various price points for labor and equipment.Additionally, some companies in Fitzgerald 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 | $19,312 | 11.5 years |
| 8 kW | $3.81 | $21,363 | $26,168 | 11.2 years |
| 10 kW | $3.74 | $26,180 | $33,234 | 11.0 years |
| 12 kW | $3.67 | $30,788 | $40,509 | 10.8 years |
| 14 kW | $3.59 | $35,186 | $47,994 | 10.6 years |
| 16 kW | $3.52 | $39,375 | $55,688 | 10.4 years |
| 18 kW | $3.44 | $43,354 | $63,591 | 10.1 years |
| 20 kW | $3.37 | $47,124 | $71,704 | 9.9 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 decide on the right company for you, here are some tips to keep in mind:
- Installation Process: Make sure you’re on the same page with the installer regarding how the installation process will go and what needs to be done before your solar system is installed, such as repairing your electrical system or roof.
- Reputation: Your solar installer should have a good reputation as a company and have verifiable 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 positive reviews from previous customers.
- Solar Panel Brands: The model of solar panel you need to get plays a part in which installer you should choose, since different companies offer different panels.
- Contract: Before you sign a contract with a solar company, be sure to read it through fully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
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 Fitzgerald, GA Solar Cost FAQs
What is the average cost of installing solar panels in Fitzgerald?
The average cost of solar panels in Fitzgerald 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 certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Fitzgerald?
You can’t get solar panels for free in Fitzgerald. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
How will installing solar panels impact the value of my home?
Solar panels can increase your property’s value remarkably as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How long do solar panels last in Fitzgerald?
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.