Solar Panel Cost Guide in Baxley, GA (2023 Update)
- Baxley Solar Installation Cost: $11,495
- 25-Year Savings: $24,848
- Payback Period: 7.9 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Baxley
We go over average solar pricing in Baxley.
While the national average of solar panels is $2.66 per watt, solar panels in Baxley generally cost around 2.55. The average Baxley homeowner needs a 6.4-kilowatt system, which would cost about $11,495 with the federal tax credit, or $16,438 before the 30% tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The exact cost of making the switch to solar can vary based on a few factors, such as what size system you need, your energy consumption and what installation company you go with. For many homeowners, the upfront cost of solar is worth paying. On average homeowners in Baxley see about $21,000 in savings on electricity bills over 20 years.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Baxley
| Year | Return on Investment |
|---|---|
| 1 years | $-10,042 |
| 3 years | $-7,134 |
| 5 years | $-4,227 |
| 7 years | $-1,319 |
| 9 years | $1,588 |
| 11 years | $4,496 |
| 13 years | $7,403 |
| 15 years | $10,310 |
| 17 years | $13,218 |
| 19 years | $16,125 |
| 21 years | $19,033 |
| 23 years | $21,940 |
| 25 years | $24,848 |
Top Solar Installers in Baxley
Installing solar panels by yourself can be a difficult undertaking, which is why using a solar installation company is a good option for many homeowners. Another benefit of utilizing a solar installer is that they can help you maximize your return of investment by cutting back on future costs of repairs and replacements because of warranties and helping you learn about local incentives you can take advantage of.
You can work with a local solar installer to get a free quote on how much your investment in solar 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 Baxley
Factors that Affect Solar Panel Costs in Baxley
The cost of installing a solar system in Baxley can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That's why it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. There are several different solar panel brands and the one you choose also affects the cost. Typically, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are offered by most installers in Baxley, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar company you opt for to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout Baxley, and each can charge different amounts for labor and equipment. Some companies 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 with an above-average cost. It's best to do some research and decide on 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 | $2.65 | $11,138 | $22,711 | 8.2 years |
| 8 kW | $2.60 | $14,566 | $30,567 | 8.1 years |
| 10 kW | $2.55 | $17,850 | $38,566 | 7.9 years |
| 12 kW | $2.50 | $20,992 | $46,708 | 7.8 years |
| 14 kW | $2.45 | $23,990 | $54,992 | 7.6 years |
| 16 kW | $2.40 | $26,846 | $63,419 | 7.4 years |
| 18 kW | $2.35 | $29,560 | $71,989 | 7.3 years |
| 20 kW | $2.29 | $32,130 | $80,702 | 7.1 years |
How to Save on Solar Panels
There are a lot of 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:
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Even though 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 be sure to take a look at their list of options before making your decision.
- Contract: When looking through your solar installer's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios like a system component breaking or the company going out of business.
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 Baxley, GA Solar Cost FAQs
What is the average cost of installing solar panels in Baxley?
This is a difficult question to answer exactly, because the cost depends on many 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 more efficient panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Baxley?
You can't get solar panels for free in Baxley. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
How will installing solar panels impact the value of my home?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Baxley is currently $78,500, so you can expect a value of about $3,218 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Baxley is a fruitful investment.
How often do you have to replace solar panels?
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 how much energy they produce will have decreased significantly after that point. You can decide 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.