Solar Panel Cost Guide in Tyrone, GA (2024 Update)
- Tyrone Solar Installation Cost: $17,590
- 25-Year Savings: $20,884
- Payback Period: 13.4 Years
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Average Cost of Solar Panels in Tyrone
We break down average solar pricing in Tyrone.
The national average cost of solar panels is $2.66 per watt, but in Tyrone it’s 4 per watt.The average solar panel system size in Tyrone is around 6.7 kilowatts, meaning a cost of about $17,590 for a solar installation, or $25,154 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Tyrone homeowner. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.But, once you've paid the initial cost of installation, the savings for most homeowners is typically rewarding, with a net average savings of about $19,000 over 20 years on energy bills.
To receive a free estimate from a top solar company in Tyrone, you can click the button below.
Solar savings over time in Tyrone
| Year | Return on Investment |
|---|---|
| 1 years | $-15,997 |
| 3 years | $-12,811 |
| 5 years | $-9,624 |
| 7 years | $-6,438 |
| 9 years | $-3,251 |
| 11 years | $-65 |
| 13 years | $3,122 |
| 15 years | $6,308 |
| 17 years | $9,495 |
| 19 years | $12,681 |
| 21 years | $15,868 |
| 23 years | $19,054 |
| 25 years | $22,240 |
Top Solar Installers in Tyrone
When going solar, many homeowners choose to go with a solar company since handling can be a difficult project. Plus, if you’d like to maximize your investment in solar power, opting for a solar installer can help with that too. Different providers can offer repairs, expertise on solar panel installation and sometimes even information on local incentives and net metering programs.
Working with a professional solar company can help you make the most of your investment in solar. Here are our recommendations:
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 Tyrone
Factors that Affect Solar Panel Costs in Tyrone
The cost of installing a solar system in Tyrone can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
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 energy your household uses, the larger your system will likely need to be. You can expect to pay about $3,740 per kilowatt in Tyrone.The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your power bills. Additionally, add-on products, like solar batteries, can bring your total well above the Tyrone average.
Solar Financing Terms
Most solar installers in Tyrone offer solar loans, which reduce your upfront costs of installing solar.However, the interest on solar loans also adds to your overall costs, so it’s important to include that in your estimate as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
Lastly, the company you choose to install your solar system can play a part in determining the cost. Tyrone’s solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger 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 | $13,023 | 13.9 years |
| 8 kW | $3.81 | $21,363 | $17,783 | 13.6 years |
| 10 kW | $3.74 | $26,180 | $22,752 | 13.4 years |
| 12 kW | $3.67 | $30,788 | $27,931 | 13.1 years |
| 14 kW | $3.59 | $35,186 | $33,319 | 12.8 years |
| 16 kW | $3.52 | $39,375 | $38,917 | 12.6 years |
| 18 kW | $3.44 | $43,354 | $44,724 | 12.3 years |
| 20 kW | $3.37 | $47,124 | $50,740 | 12.0 years |
How to Save on Solar Panels
There are many companies available in Tyrone, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years likely provide quality solar panel installation and expertise.
- Contract: When looking over your solar company’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the project timeline.
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 Tyrone, GA Solar Cost FAQs
What is the average cost of installing solar panels in Tyrone?
This is a difficult 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. You can expect to pay more if you want extra solar equipment or higher quality 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 cheaper solar panels.
Should I lease or buy solar panels in Tyrone?
Leasing solar panels can be an appealing choice, because it usually comes with low or $0 upfront payments. The drawback 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 tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
Can you sell solar power back to the grid in Tyrone?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future energy bills.
What solar power system size is right for my home?
To figure out how many solar panels 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 generally produce about 250 to 400 watt-hours per hour, the average house 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.