Solar Panel Cost Guide in Belvedere Park, GA (Feb 2023)
- Belvedere Park Solar Installation Cost: $12,084
- 25-Year Savings: $23,576
- Payback Period: 8.5 Years
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Updated January 20, 2023
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Average Cost of Solar Panels in Belvedere Park
Here's how much it might cost to make the switch to solar in Belvedere Park.
The average cost of a solar system in Belvedere Park is $3 per watt. Using this figure, a typical 6.8 would cost about $12,084 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The exact cost of going solar can vary based on several factors, such as how many panels you need, your energy consumption and what solar installer you go with. Even with the large upfront cost, the average Belvedere Park homeowner can save around $20,000 on their energy bills over 20 years, which is one of the positives of solar.
You can click the button below to get connected with a vetted solar company in Belvedere Park for a quote for your home.
Solar savings over time in Belvedere Park
| Year | Return on Investment |
|---|---|
| 1 years | $-10,658 |
| 3 years | $-7,805 |
| 5 years | $-4,952 |
| 7 years | $-2,100 |
| 9 years | $753 |
| 11 years | $3,606 |
| 13 years | $6,459 |
| 15 years | $9,312 |
| 17 years | $12,165 |
| 19 years | $15,018 |
| 21 years | $17,870 |
| 23 years | $20,723 |
| 25 years | $23,576 |
Top Solar Installers in Belvedere Park
When switching to solar energy, many homeowners decide to hire a solar company since DIY solar panel installation can be a difficult project. The expertise that solar installers offer can be invaluable as well, particularly if you don't quite know what kind of solar equipment would be right for your home.
There are a number of licensed solar professionals that can help you install your solar panels. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Belvedere Park
Factors that Affect Solar Panel Costs in Belvedere Park
Even though the average cost of a solar system in Belvedere Park is $12,084, your final cost may differ. There are quite a few factors that can have a major impact on the cost of a solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation require 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 $2,550. The kind of solar panels and equipment you want is another factor that will significantly impact 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 think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that's in your budget.
Solar Financing Terms
Most solar companies in Belvedere Park provide solar loans, which reduce your upfront costs of installing solar panels. Though solar loans make switching to solar energy more accessible for Belvedere Park homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Belvedere Park is the company you hire to install your PV system. Similar to choosing a company to install new cabinets, for instance, there's no shortage of solar installers that provide a range of services for different budgets. The size of the company sometimes plays the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices due to access 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 lower 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 | $2.65 | $11,138 | $20,470 | 8.8 years |
| 8 kW | $2.60 | $14,566 | $27,579 | 8.6 years |
| 10 kW | $2.55 | $17,850 | $34,831 | 8.5 years |
| 12 kW | $2.50 | $20,992 | $42,226 | 8.3 years |
| 14 kW | $2.45 | $23,990 | $49,763 | 8.1 years |
| 16 kW | $2.40 | $26,846 | $57,444 | 8.0 years |
| 18 kW | $2.35 | $29,560 | $65,267 | 7.8 years |
| 20 kW | $2.29 | $32,130 | $73,232 | 7.6 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: The type of solar panel you want plays a role in which company you should opt for, since different companies offer different panels.
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running for a long time and save you money on repairs and maintenance.
- 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 EcoWatch.
- Contract: It's important to read your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Belvedere Park, GA Solar Cost FAQs
How much does it cost to install solar panels in Belvedere Park?
The average cost of solar panels in Belvedere Park is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Belvedere Park?
You can't get solar panels for free in Belvedere Park. 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 prefer to own your solar panels, you can finance them with a solar loan.
Does Belvedere Park have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future power bills.
How long do solar panels last in Belvedere Park?
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 choose to replace them after having 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.