Solar Panel Cost Guide in Lithia Springs, GA (2024 Update)
- Lithia Springs Solar Installation Cost: $17,843
- 25-Year Savings: $21,988
- Payback Period: 13.8 Years
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Average Cost of Solar Panels in Lithia Springs
Find out how much it might cost to go solar in Lithia Springs.
The average cost of a solar panel system in Lithia Springs is 4 per watt.To account for the typical energy needs of the average home in Lithia Springs, most homeowners require a 6.8-kilowatt system. Using the figure above, a solar installation costs about $17,843, or $25,515 before the federal solar tax credit of 0 is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Lithia Springs homeowners. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find going solar is a sound investment. The average homeowner in Lithia Springs can save around $18,000 on their electricity bills over 20 years.
For a free quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Lithia Springs
| Year | Return on Investment |
|---|---|
| 1 years | $-16,250 |
| 3 years | $-13,063 |
| 5 years | $-9,877 |
| 7 years | $-6,690 |
| 9 years | $-3,504 |
| 11 years | $-317 |
| 13 years | $2,869 |
| 15 years | $6,056 |
| 17 years | $9,242 |
| 19 years | $12,429 |
| 21 years | $15,615 |
| 23 years | $18,801 |
| 25 years | $21,988 |
Top Solar Installers in Lithia Springs
When switching to solar energy, many homeowners opt to go with a solar company since putting up solar panels yourself can be a difficult project. Since solar panels are exposed to rain, snow, hail and wind, depending on the climate, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
If you’d like to switch to solar energy but still aren’t certain which solar company to go with, here are our recommendations for providers near you:
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 Lithia Springs
Factors that Affect Solar Panel Costs in Lithia Springs
For many Lithia Springs homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Lithia Springs, with typical prices between $20,000 to $40,000. There are a few factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay around $3,740 per kilowatt in Lithia Springs.The brand and kind of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag 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 will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Lithia Springs to be too expensive, even if the investment pays off over time. Fortunately, almost every solar company 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.However, the interest on solar loans also increases your total costs, so it’s important to consider that 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 last significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of sustainable energy solutions in Lithia Springs, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.Additionally, some companies in Lithia Springs have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. 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 | $12,127 | 14.3 years |
| 8 kW | $3.81 | $21,363 | $16,588 | 14.1 years |
| 10 kW | $3.74 | $26,180 | $21,259 | 13.8 years |
| 12 kW | $3.67 | $30,788 | $26,139 | 13.5 years |
| 14 kW | $3.59 | $35,186 | $31,228 | 13.2 years |
| 16 kW | $3.52 | $39,375 | $36,527 | 13.0 years |
| 18 kW | $3.44 | $43,354 | $42,036 | 12.7 years |
| 20 kW | $3.37 | $47,124 | $47,754 | 12.4 years |
How to Save on Solar Panels
There are a lot of companies available in Lithia Springs, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Contract: Read the contract terms thoroughly to make sure you understand the cost breakdown, completion timeline rebates and warranties.
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should secure and how long the project will take.
- Warranty: Warranties that provide coverage for replacement parts and repairs over a couple decades are the best you can get in the business, and offering that kind of warranty is one indication of a good company.
- Solar Panel Brands: Different companies offer various brands and kinds of panels. If you want a specific brand, make sure the solar company you’re considering has it.
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 Lithia Springs, GA Solar Cost FAQs
How much does it cost to install solar panels in Lithia Springs?
The average cost of solar panels in Lithia Springs 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 model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider apart from cost when buying solar panels?
The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Does Lithia Springs have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future utility bills.
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 higher 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.