Solar Panel Cost Guide in Vinings, GA (2024 Update)
- Vinings Solar Installation Cost: $17,998
- 25-Year Savings: $22,418
- Payback Period: 13.0 Years
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Average Cost of Solar Panels in Vinings
We break down average solar pricing in Vinings.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Vinings, the average cost of solar panels is 4 per watt.Using this figure, a typical 6.9-kW system would cost about $17,998 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 depending on a few factors, such as what size system you need, your energy usage and what installation company you go with.With average savings of about $19,000 on power bills over 20 years, many homeowners in Vinings find installing solar panels can pay off big.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Vinings
| Year | Return on Investment |
|---|---|
| 1 years | $-16,405 |
| 3 years | $-13,218 |
| 5 years | $-10,032 |
| 7 years | $-6,846 |
| 9 years | $-3,659 |
| 11 years | $-473 |
| 13 years | $2,714 |
| 15 years | $5,900 |
| 17 years | $9,087 |
| 19 years | $12,273 |
| 21 years | $15,460 |
| 23 years | $18,646 |
| 25 years | $21,833 |
Top Solar Installers in Vinings
Many homeowners decide to hire a solar panel company since trying to install solar panels on your own can be challenging. Another great thing about using a reputable solar installer is that it'll usually provide warranties and free repairs, which help protect your investment.
Working with a vetted solar company can help your solar project go smoothly. 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 Vinings
Factors that Affect Solar Panel Costs in Vinings
For many Vinings homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Vinings, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production 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 kind of solar equipment you choose can bring your price up or down 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 over time on your energy bills. Additionally, add-on products, like solar batteries, can bring your total well above the Vinings average.
Solar Financing Terms
Most solar companies in Vinings have solar loans, which reduce your upfront costs of installing solar panels.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The solar installation company you select will affect your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor.The size of the company can sometimes play the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices due to greater 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 promotion can bring their pricing down 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 | $13,939 | 13.5 years |
| 8 kW | $3.81 | $21,363 | $19,004 | 13.2 years |
| 10 kW | $3.74 | $26,180 | $24,279 | 13.0 years |
| 12 kW | $3.67 | $30,788 | $29,763 | 12.7 years |
| 14 kW | $3.59 | $35,186 | $35,456 | 12.5 years |
| 16 kW | $3.52 | $39,375 | $41,359 | 12.2 years |
| 18 kW | $3.44 | $43,354 | $47,471 | 11.9 years |
| 20 kW | $3.37 | $47,124 | $53,793 | 11.7 years |
How to Save on Solar Panels
The solar company you choose will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should take into account, such as:
- Contract: Look through the contract terms carefully to make sure you understand the overall cost, completion timeline rebates and warranties.
- Installation Process: When making the switch to solar energy, it’s important to maintain an open line of communication with your solar panel installer. Confirm that you understand how the installation process will go and the completion timeline.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Warranty: Warranties that cover panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one mark of a good 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 Vinings, GA Solar Cost FAQs
What is the average cost of installing solar panels in Vinings?
The average cost of solar panels in Vinings 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 kind of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Vinings?
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 way to go if you want to maximize your savings.
Is it worth going solar in Vinings?
Solar panels can be a fruitful investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already pretty low, solar panels might not be for you.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases 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.