Solar Panel Cost Guide in Savannah, GA (2024 Update)
- Savannah Solar Installation Cost: $15,966
- 25-Year Savings: $25,205
- Payback Period: 11.1 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Savannah
We break down average solar pricing in Savannah.
The average cost of a solar system in Savannah is 4 per watt.To account for the typical energy needs of the average home in Savannah, most homeowners require a 6.1-kilowatt system. Using the per-watt figure above, a solar installation costs around $15,966, or $22,831 before the federal solar tax credit of 0 is applied.
Keep in mind that the figures above are only estimates based on the average Savannah homeowner. 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.For many homeowners, the upfront investment in solar is worth paying. On average homeowners in Savannah see about $22,000 in savings on energy bills over 20 years.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Savannah
| Year | Return on Investment |
|---|---|
| 1 years | $-14,373 |
| 3 years | $-11,186 |
| 5 years | $-8,000 |
| 7 years | $-4,813 |
| 9 years | $-1,627 |
| 11 years | $1,560 |
| 13 years | $4,746 |
| 15 years | $7,933 |
| 17 years | $11,119 |
| 19 years | $14,306 |
| 21 years | $17,492 |
| 23 years | $20,679 |
| 25 years | $23,865 |
Top Solar Installers in Savannah
Many homeowners opt for a solar panel installer since figuring out how to install solar panels yourself can be challenging. The expertise that solar installers offer can be helpful as well, particularly if you don’t quite know what brand of solar equipment you need.
If you're searching for a solar company in Savannah, the EcoWatch team has organized a list of our top suggestions here:
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 Savannah
Factors that Affect Solar Panel Costs in Savannah
Though the average cost of a solar system in Savannah is $15,966, your final cost may differ. There are many factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
The size of the solar system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,740. The brand of solar panels and equipment you want is another factor that will substantially impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that’s in your budget.
Solar Financing Terms
Most solar companies in Savannah offer solar loans, which reduce your upfront costs of installing a solar system.Even though solar loans make adopting solar energy more accessible for Savannah 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 cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar panel installation company you choose will play a role in your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.The size of the company can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices due to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger companies.
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 | $19,171 | 11.5 years |
| 8 kW | $3.81 | $21,363 | $25,981 | 11.3 years |
| 10 kW | $3.74 | $26,180 | $32,999 | 11.1 years |
| 12 kW | $3.67 | $30,788 | $40,228 | 10.8 years |
| 14 kW | $3.59 | $35,186 | $47,665 | 10.6 years |
| 16 kW | $3.52 | $39,375 | $55,312 | 10.4 years |
| 18 kW | $3.44 | $43,354 | $63,169 | 10.2 years |
| 20 kW | $3.37 | $47,124 | $71,235 | 10.0 years |
How to Save on Solar Panels
There are a large number of companies available in Savannah, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Even though there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to take a look at their list of options before deciding.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a couple decades are the best you can get in the business, and offering such a warranty is one indication of a good company.
- Installation Process: When making the switch to solar energy, it’s essential to maintain an open line of communication with your solar panel installer. See to it that you understand how the installation process will go and the project timeline.
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 Savannah, GA Solar Cost FAQs
What is the average cost of installing solar panels in Savannah?
The average cost of solar panels in Savannah 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 certain factors such as the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Savannah?
A solar panel system isn’t free in Savannah, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
How will installing solar panels impact my home value?
Solar panels can increase the value of your home remarkably as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How long do solar panels last in Savannah?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.