Solar Panel Cost Guide in Panthersville, GA (2024 Update)
- Panthersville Solar Installation Cost: $17,721
- 25-Year Savings: $23,578
- Payback Period: 12.4 Years
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Average Cost of Solar Panels in Panthersville
Here’s how much it might cost to switch to solar power in Panthersville.
In Panthersville, solar panels cost about 4 per watt on average.The average Panthersville homeowner needs a 6.8-kilowatt system, which would cost about $17,721 with the federal tax credit, or $25,341 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The exact cost of making the switch to solar can vary quite a bit depending on a few factors, such as how many panels you need, your energy usage and what installation company you go with.For many homeowners, the upfront investment in solar panels is worth paying. On average Panthersville homeowners see about $20,000 in savings on electricity bills over 20 years.
You can click the button below to get connected with a top solar installer in Panthersville that can help you get a more accurate cost estimate for your home.
Solar savings over time in Panthersville
| Year | Return on Investment |
|---|---|
| 1 years | $-16,128 |
| 3 years | $-12,942 |
| 5 years | $-9,755 |
| 7 years | $-6,569 |
| 9 years | $-3,382 |
| 11 years | $-196 |
| 13 years | $2,991 |
| 15 years | $6,177 |
| 17 years | $9,364 |
| 19 years | $12,550 |
| 21 years | $15,736 |
| 23 years | $18,923 |
| 25 years | $22,109 |
Top Solar Installers in Panthersville
Installing solar panels by yourself can be a challenging undertaking, which is why using a solar installer is a good option for many homeowners. Solar installers offer key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
If you’d like to make the switch to solar but still aren’t certain which solar system installer to go with, here are our recommendations for providers in Panthersville:
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 Panthersville
Factors that Affect Solar Panel Costs in Panthersville
There are several criteria that can influence your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The size of the solar system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,740. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your electric bills. In addition, add-on products, such as solar batteries, can bring your total well above the Panthersville average.
Solar Financing Terms
Many homeowners find the average cost of solar in Panthersville to be too expensive, even if the investment pays off over time. Fortunately, nearly every solar installer in the area offers financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to paying more over time because of interest.While solar loans make going solar more accessible for Panthersville homeowners, they can also add to the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you choose will impact your total cost to go solar. Different companies will bill different amounts for the equipment and labor.You may see national solar installers that have lower prices due to their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $15,272 | 12.9 years |
| 8 kW | $3.81 | $21,363 | $20,782 | 12.7 years |
| 10 kW | $3.74 | $26,180 | $26,501 | 12.4 years |
| 12 kW | $3.67 | $30,788 | $32,430 | 12.2 years |
| 14 kW | $3.59 | $35,186 | $38,568 | 11.9 years |
| 16 kW | $3.52 | $39,375 | $44,915 | 11.7 years |
| 18 kW | $3.44 | $43,354 | $51,472 | 11.4 years |
| 20 kW | $3.37 | $47,124 | $58,238 | 11.2 years |
How to Save on Solar Panels
Since the type of solar panels and the company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can look into your installer’s reputation is by reading reviews.
- Warranty: A comprehensive, long-term warranty can help keep your solar panel system running for years to come and save you money on part replacement and repairs.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Contract: Look through the contract terms carefully to make sure you understand the total cost, project completion timeline rebates 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 Panthersville, GA Solar Cost FAQs
How much does it cost to install solar panels in Panthersville?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $18,700 for a 5-kW system and $37,400 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have above-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Panthersville?
Solar panels aren’t free in Panthersville, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is it worth going solar in Panthersville?
Solar panels can be a beneficial investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already reasonably low, solar panels might not be for you.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.