Solar Panel Cost Guide in Lyons, GA (2024 Update)
- Lyons Solar Installation Cost: $16,953
- 25-Year Savings: $23,530
- Payback Period: 12.1 Years
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Average Cost of Solar Panels in Lyons
Find out what the average cost of solar panels are in Lyons.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Lyons, the typical cost of a solar system is 4 per watt.Using this figure, a typical 6.5-kW system would cost about $16,953 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Lyons homeowners. The cost 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.Even with the significant initial cost, the average Lyons homeowner can save around $21,000 on their electricity bills over 20 years, which is one of the perks of solar.
To get a free quote from a top solar installer in Lyons, you can click the button below.
Solar savings over time in Lyons
| Year | Return on Investment |
|---|---|
| 1 years | $-15,360 |
| 3 years | $-12,174 |
| 5 years | $-8,987 |
| 7 years | $-5,801 |
| 9 years | $-2,614 |
| 11 years | $572 |
| 13 years | $3,759 |
| 15 years | $6,945 |
| 17 years | $10,132 |
| 19 years | $13,318 |
| 21 years | $16,504 |
| 23 years | $19,691 |
| 25 years | $22,877 |
Top Solar Installers in Lyons
When switching to solar energy, many homeowners decide to hire a solar installer since overseeing your solar installation yourself can be a time-consuming project. Solar warranties and repairs are often included in the cost of installation when you opt for a solar contractor as well, which can save you more money over time.
If you're on the hunt for a solar installer in Lyons, the EcoWatch team has 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 Lyons
Factors that Affect Solar Panel Costs in Lyons
There are a number of factors that can affect your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. Because of that, it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Lyons, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That’s why many Lyons homeowners decide to finance their solar panel systems to offset upfront costs.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The last major cost factor you should consider is the installer you choose. Given the massive popularity of sustainable energy solutions in Lyons, you’ll have many options to choose from, but each comes at different price points for labor and equipment.Additionally, some companies in Lyons are more knowledgeable 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 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 | $16,175 | 12.6 years |
| 8 kW | $3.81 | $21,363 | $21,985 | 12.3 years |
| 10 kW | $3.74 | $26,180 | $28,005 | 12.1 years |
| 12 kW | $3.67 | $30,788 | $34,234 | 11.8 years |
| 14 kW | $3.59 | $35,186 | $40,673 | 11.6 years |
| 16 kW | $3.52 | $39,375 | $47,321 | 11.4 years |
| 18 kW | $3.44 | $43,354 | $54,178 | 11.1 years |
| 20 kW | $3.37 | $47,124 | $61,245 | 10.9 years |
How to Save on Solar Panels
There are a lot of companies available in Lyons, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely provide high-quality solar panel installation and expertise.
- Installation Process: When going solar, it’s essential to keep an open line of communication with your solar panel company. See to it that you understand how the installation process works and the completion timeline.
- Contract: It’s important to read your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Warranty: Warranties that cover panel repairs and maintenance over a couple decades are the gold standard in the business, and offering that kind of warranty is one mark of a quality company.
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 Lyons, GA Solar Cost FAQs
What is the average cost of installing solar panels in Lyons?
The average cost of solar panels in Lyons 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 kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Lyons?
You can’t get solar panels for free in Lyons. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Does Lyons have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can get paid for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
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.