Solar Panel Cost Guide in Baxley, GA (2024 Update)
- Baxley Solar Installation Cost: $16,865
- 25-Year Savings: $24,844
- Payback Period: 11.6 Years
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Average Cost of Solar Panels in Baxley
Find out what the average cost of installing solar panels is in Baxley.
Although the national average of solar panels is $2.66 per watt, solar panels in Baxley generally cost about 4.Since a 6.4-kW system is needed to cover the energy costs of a typical home in Baxley, the average price of going solar will be about $16,865 after claiming the federal solar tax credit of 0.
Bear in mind that the figures above are only estimates based on the average energy use of Baxley homeowners. The cost 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.For many homeowners, the upfront investment in solar is worth paying. On average you could be looking at about $21,000 in savings on electricity bills over 20 years.
Click the button below to get connected to a vetted solar installer in your area for a personalized quote.
Solar savings over time in Baxley
| Year | Return on Investment |
|---|---|
| 1 years | $-15,272 |
| 3 years | $-12,085 |
| 5 years | $-8,899 |
| 7 years | $-5,712 |
| 9 years | $-2,526 |
| 11 years | $661 |
| 13 years | $3,847 |
| 15 years | $7,034 |
| 17 years | $10,220 |
| 19 years | $13,407 |
| 21 years | $16,593 |
| 23 years | $19,779 |
| 25 years | $22,966 |
Top Solar Installers in Baxley
When making the switch to solar, many homeowners decide to go with a solar installation company since putting up solar panels yourself can be a difficult project. Some solar companies, especially local ones, can help you better understand incentives in Baxley, therefore optimizing your ROI.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 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 most significant one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. For that reason, it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.There are a lot of different solar panel brands and the one you choose also changes the cost. Generally speaking, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are a popular route because they decrease your upfront costs and let you pay for your system over five to seven years on average.Though solar loans make switching to solar energy more accessible for Baxley homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you hire to handle your switch to solar 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.The size of the company sometimes plays the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to greater resources and better 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 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 | $17,513 | 12.1 years |
| 8 kW | $3.81 | $21,363 | $23,770 | 11.8 years |
| 10 kW | $3.74 | $26,180 | $30,236 | 11.6 years |
| 12 kW | $3.67 | $30,788 | $36,911 | 11.4 years |
| 14 kW | $3.59 | $35,186 | $43,796 | 11.1 years |
| 16 kW | $3.52 | $39,375 | $50,891 | 10.9 years |
| 18 kW | $3.44 | $43,354 | $58,195 | 10.7 years |
| 20 kW | $3.37 | $47,124 | $65,708 | 10.4 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose considerably impacts your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Contract: Even though reading through a contract can take a lot of time, it’s important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you go with.
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running for a long time and save you money on repairs and maintenance.
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 Baxley, GA Solar Cost FAQs
What is the average cost of installing solar panels in Baxley?
This is a tough question to answer precisely, 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. It will be more expensive if you want additional solar equipment or more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Baxley?
Leasing solar panels can be an option if you can’t pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Is it worth going solar in Baxley?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and the amount of direct sunlight your roof gets.
How long do solar panels last in Baxley?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of 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 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.