Solar Panel Cost Guide in Woodstock, GA (2024 Update)
- Woodstock Solar Installation Cost: $18,038
- 25-Year Savings: $21,599
- Payback Period: 13.3 Years
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Average Cost of Solar Panels in Woodstock
Find out what the average cost of a solar system is in Woodstock.
The national average cost of solar panels is $2.66 per watt, but in Woodstock it’s 4 per watt.Using this figure, a typical 6.9-kW system would cost about $18,038 before the 0 federal solar tax credit is applied.
The true price you pay can be higher or lower than the average in Woodstock depending on several factors, such as the model of solar panels you choose and the solar contractor you hire.With typical savings of about $19,000 on power bills over 20 years, many homeowners in Woodstock find installing solar panels can be quite rewarding.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Woodstock
| Year | Return on Investment |
|---|---|
| 1 years | $-16,445 |
| 3 years | $-13,258 |
| 5 years | $-10,072 |
| 7 years | $-6,885 |
| 9 years | $-3,699 |
| 11 years | $-513 |
| 13 years | $2,674 |
| 15 years | $5,860 |
| 17 years | $9,047 |
| 19 years | $12,233 |
| 21 years | $15,420 |
| 23 years | $18,606 |
| 25 years | $21,793 |
Top Solar Installers in Woodstock
Putting up solar panels by yourself can be a difficult project, which is why using a solar installation company is a good option for many homeowners. Plus, if you’re unsure what type of solar panels and equipment you may need, a solar installer can help you figure that out after a site survey and consultation.
Working with a licensed solar company can make going solar easier. 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 Woodstock
Factors that Affect Solar Panel Costs in Woodstock
There are a number of criteria that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, 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 nearly $3,740. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Woodstock, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Woodstock provide solar loans, which reduce your upfront costs of installing a solar system.When estimating your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar installer you choose to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar panel companies in Woodstock, and each can charge varying amounts for labor and equipment.The size of the company can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have 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 | $13,183 | 13.8 years |
| 8 kW | $3.81 | $21,363 | $17,996 | 13.6 years |
| 10 kW | $3.74 | $26,180 | $23,018 | 13.3 years |
| 12 kW | $3.67 | $30,788 | $28,251 | 13.0 years |
| 14 kW | $3.59 | $35,186 | $33,692 | 12.8 years |
| 16 kW | $3.52 | $39,375 | $39,343 | 12.5 years |
| 18 kW | $3.44 | $43,354 | $45,203 | 12.2 years |
| 20 kW | $3.37 | $47,124 | $51,273 | 12.0 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:
- Contract: It’s important to look over your solar installer’s contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Installation Process: Make sure you’re aligned with the company with regard to how the installation process will go and what you need to do before your solar panel system is installed, such as updating or replacing your electrical system or roof.
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
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 Woodstock, GA Solar Cost FAQs
How much does it cost to install solar panels in Woodstock?
This is a hard question to answer exactly, because the cost depends on a few different 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 additional solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is switching to solar power worth it?
Solar panels can be a great investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already pretty low, solar panels might not be for you.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is 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 amount 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.