Solar Panel Cost Guide in Rincon, GA (2024 Update)
- Rincon Solar Installation Cost: $16,756
- 25-Year Savings: $24,236
- Payback Period: 11.7 Years
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Average Cost of Solar Panels in Rincon
We go over average solar pricing in Rincon.
The average cost of solar panels in Rincon is 4 per watt.The average solar panel system size in Rincon is around 6.4 kilowatts, meaning a cost of about $16,756 for a solar installation, or $23,961 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The exact cost of making the switch to solar can vary based on a few factors, such as what size system you need, your energy consumption and what company you go with.For many homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $21,000 in savings on utility bills over 20 years.
To get a free estimate from a vetted solar company in Rincon, you can click the button below.
Solar savings over time in Rincon
| Year | Return on Investment |
|---|---|
| 1 years | $-15,163 |
| 3 years | $-11,976 |
| 5 years | $-8,790 |
| 7 years | $-5,604 |
| 9 years | $-2,417 |
| 11 years | $769 |
| 13 years | $3,956 |
| 15 years | $7,142 |
| 17 years | $10,329 |
| 19 years | $13,515 |
| 21 years | $16,702 |
| 23 years | $19,888 |
| 25 years | $23,075 |
Top Solar Installers in Rincon
When making the switch to solar, many homeowners prefer to go with a solar company since putting up solar panels yourself can be a difficult project. Plus, warranties and repairs from your solar panel installer can protect your investment and lower the cost of maintenance in the long run.
If you’d like to go solar but still aren’t certain which solar panel installer to go with, here are our suggestions 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 Rincon
Factors that Affect Solar Panel Costs in Rincon
The cost of installing a solar system in Rincon can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation need 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.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 come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar companies in Rincon provide solar loans, which reduce your upfront costs of installing solar.However, the interest on solar loans also adds to your all-in costs, so it’s vital to consider that as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The last major cost factor you should consider is the installer you choose. Given the massive popularity of renewable energy solutions in Rincon, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.The size of the company can sometimes play the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
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 | $17,093 | 12.2 years |
| 8 kW | $3.81 | $21,363 | $23,210 | 12.0 years |
| 10 kW | $3.74 | $26,180 | $29,536 | 11.7 years |
| 12 kW | $3.67 | $30,788 | $36,071 | 11.5 years |
| 14 kW | $3.59 | $35,186 | $42,816 | 11.3 years |
| 16 kW | $3.52 | $39,375 | $49,771 | 11.0 years |
| 18 kW | $3.44 | $43,354 | $56,935 | 10.8 years |
| 20 kW | $3.37 | $47,124 | $64,308 | 10.6 years |
How to Save on Solar Panels
Since the type of solar panels and the installation company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: It’s important to read your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
- Solar Panel Brands: The type of solar panel you want plays a part in which company you should choose, since different companies provide different panels.
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Make sure you’re aligned with the company regarding how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
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 Rincon, GA Solar Cost FAQs
What is the average cost of installing solar panels in Rincon?
This is a hard question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $18,700 for a 5-kW system and $37,400 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Rincon?
Leasing solar panels can be an appealing choice, because it commonly comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.
How will solar panels impact how much my home is worth?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Rincon is currently $310,043, so you can expect a value of about $12,712 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Rincon is a fruitful investment.
How long do solar panels last in Rincon?
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.