Solar Panel Cost Guide in Candler Mcafee, GA (2023 Update)
- Candler Mcafee Solar Installation Cost: $12,084
- 25-Year Savings: $23,576
- Payback Period: 8.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Candler Mcafee
Find out how much it might cost to go solar in Candler Mcafee.
The average cost of a solar system in Candler Mcafee is 2.55 per watt. Using this figure, a typical 6.8-kW system would cost about $12,084 before the 30% federal solar tax credit is applied.
How much you pay can be higher or lower than the average in Candler Mcafee based on several factors, such as the type of solar panels you choose and the solar company you hire. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Candler Mcafee can save around $20,000 on their energy bills over 20 years.
You can click the button below to get connected with a top solar company in Candler Mcafee that can help you get a more accurate cost estimate for your home.
Solar savings over time in Candler Mcafee
| 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 Candler Mcafee
When making the switch to solar, many homeowners opt to hire a solar installer since installing solar panels yourself can be a challenging project. In addition, if you'd like to maximize your investment in solar power, going with a solar installer can help with that too. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives.
Working with a vetted solar installer can make going solar easier. Here are our recommendations:
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 Candler Mcafee
Factors that Affect Solar Panel Costs in Candler Mcafee
The cost of installing a solar system in Candler Mcafee can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production need 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. There are many different solar panel brands and the one you choose also changes the cost. Typically, the brands that are more efficient tend to also cost more. Additionally, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Candler Mcafee to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also result in a higher cost over time due to interest. However, the interest on solar loans also adds to your overall costs, so it's crucial to include that in your estimate as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Candler Mcafee is the company you get to install your solar system. As with choosing a company to install new cabinets, for example, there's no shortage of solar installers that offer a range of services for different budgets. You may see national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for years to come and save you money on repairs and maintenance.
- Reputation: Make sure your solar system 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.
- Contract: When reading through your solar company's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios like a system part breaking or the company going out of business.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
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 Candler Mcafee, GA Solar Cost FAQs
How much does it cost to install solar panels in Candler Mcafee?
The average cost of solar panels in Candler Mcafee 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 such as the model of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Candler Mcafee?
Leasing solar panels can be an option if you can't afford to 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 home 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 bang for your buck from going solar.
Can solar panels completely eradicate my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,053.62 per year.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
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.