Solar Panel Cost Guide in Alamo, GA (2023 Update)
- Alamo Solar Installation Cost: $16,909
- 25-Year Savings: $25,463
- Payback Period: 11.4 Years
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Updated October 25, 2023
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Average Cost of Solar Panels in Alamo
Find out what the average cost of solar panels are in Alamo.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Alamo, the typical cost of solar panels is 2.55 per watt.The average Alamo homeowner needs a 6.5-kilowatt system, which would cost about $11,531 with the federal tax credit, or $16,489 before the 30% tax credit is applied.
The true cost of your system can be higher or lower than the average in Alamo based on a variety of factors, such as the kind of solar panels you choose and the solar installer you hire.Even with the large initial cost, the average Alamo homeowner can save around $22,000 on their energy bills over 20 years, which is one of the advantages of solar.
Click the button below to get connected to a top solar company in Alamo for a customized quote.
Solar savings over time in Alamo
| Year | Return on Investment |
|---|---|
| 1 years | $-15,316 |
| 3 years | $-12,130 |
| 5 years | $-8,943 |
| 7 years | $-5,757 |
| 9 years | $-2,570 |
| 11 years | $616 |
| 13 years | $3,803 |
| 15 years | $6,989 |
| 17 years | $10,176 |
| 19 years | $13,362 |
| 21 years | $16,549 |
| 23 years | $19,735 |
| 25 years | $22,922 |
Top Solar Installers in Alamo
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a headache. Taking advantage of a solar company can make converting to solar power much easier. Another upside of working with a solar company is that they can help you maximize your ROI by lowering your future costs of repairs and replacements due to warranties and informing you of local incentives you can take advantage of.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some near you:
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 Alamo
Factors that Affect Solar Panel Costs in Alamo
For many Alamo homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Alamo, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar panel system you need for your home, 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 $2,550. The kind of solar panels and equipment you want is another factor that will significantly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment goes beyond just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are offered by most installers in Alamo, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible.When trying to figure out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The remaining significant cost factor you should consider is the installer you choose. Given the massive popularity of renewable energy solutions in Alamo, you'll have plenty of options to choose from, but each comes at varying price points for labor and equipment.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and go with the company that has the products, warranties and services you're looking for and also fit into your budget.
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 | $18,028 | 11.9 years |
| 8 kW | $3.81 | $21,363 | $24,456 | 11.7 years |
| 10 kW | $3.74 | $26,180 | $31,093 | 11.4 years |
| 12 kW | $3.67 | $30,788 | $37,940 | 11.2 years |
| 14 kW | $3.59 | $35,186 | $44,996 | 11.0 years |
| 16 kW | $3.52 | $39,375 | $52,262 | 10.7 years |
| 18 kW | $3.44 | $43,354 | $59,738 | 10.5 years |
| 20 kW | $3.37 | $47,124 | $67,422 | 10.3 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. While there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you take a look at their list of offerings before deciding.
- 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: Make sure your solar panel installer has a good reputation by verifying 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: If you're concerned about the durability of your solar panels, verifying that your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
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 Alamo, GA Solar Cost FAQs
What is the average cost of installing solar panels in Alamo?
This is a tough question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Alamo?
Most states have net metering programs of some kind. Through these, you can either get paid for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Alamo?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can keep using 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.