Solar Panel Cost Guide in Canton, GA (2023 Update)
- Canton Solar Installation Cost: $12,299
- 25-Year Savings: $21,547
- Payback Period: 9.1 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Canton
Find out what the average cost of installing solar panels is in Canton.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Canton, the typical cost of a solar system is 2.55 per watt. Using this figure, a typical 6.9-kW system would cost about $12,299 before the 30% federal solar tax credit is applied.
These figures are just averages, and the cost of going solar for you will vary based on factors unique to your home and what company you go with. With average savings of about $19,000 on electricity bills over 20 years, many homeowners in Canton find installing solar panels has a decent ROI.
You can click the button below to get connected with a pre-vetted solar installer in Canton that can help you get a more accurate cost estimate for your home.
Solar savings over time in Canton
| Year | Return on Investment |
|---|---|
| 1 years | $-10,945 |
| 3 years | $-8,237 |
| 5 years | $-5,529 |
| 7 years | $-2,822 |
| 9 years | $-114 |
| 11 years | $2,594 |
| 13 years | $5,301 |
| 15 years | $8,009 |
| 17 years | $10,717 |
| 19 years | $13,424 |
| 21 years | $16,132 |
| 23 years | $18,840 |
| 25 years | $21,547 |
Top Solar Installers in Canton
Although it's possible to install solar panels on your own, it requires extra labor and handiness. That's why the majority of homeowners choose to hire a solar panel installer. The expertise that solar companies provide can be useful as well, particularly if you don't quite know what type of solar equipment you need.
If you'd like to make the switch to solar but still aren't certain which solar system installer to go with, here are our recommendations for providers nearby:
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 Canton
Factors that Affect Solar Panel Costs in Canton
For many Canton homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Canton, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power generation 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. The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are offered by most installers in Canton, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also adds to your total costs, so it's important to keep that in mind as well. You can always bring down the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The remaining key cost factor you should take into consideration is the installer you choose. Given the booming popularity of clean energy solutions in Canton, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. You may see national solar installers that have lower prices due to their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $18,335 | 9.4 years |
| 8 kW | $2.60 | $14,566 | $24,732 | 9.3 years |
| 10 kW | $2.55 | $17,850 | $31,273 | 9.1 years |
| 12 kW | $2.50 | $20,992 | $37,956 | 8.9 years |
| 14 kW | $2.45 | $23,990 | $44,781 | 8.7 years |
| 16 kW | $2.40 | $26,846 | $51,750 | 8.5 years |
| 18 kW | $2.35 | $29,560 | $58,861 | 8.4 years |
| 20 kW | $2.29 | $32,130 | $66,115 | 8.2 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- Warranty: If you're worried about the durability of your solar system, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: It's important to read through 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.
- Solar Panel Brands: Different companies will carry various brands and models of panels. If you prefer a specific brand, make sure the solar company you're considering has it.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
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 Canton, GA Solar Cost FAQs
How much does it cost to install solar panels in Canton?
This is a difficult question to answer exactly, because the cost depends on a variety of 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. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Are solar panels free in Canton?
A solar panel system isn't free in Canton, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.
How long do solar panels last in Canton?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.