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 September 15, 2023
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Average Cost of Solar Panels in Canton
We go over average solar pricing in Canton.
Although the national average of solar panels is $2.66 per watt, solar panels in Canton typically cost around 2.55. Using this figure, a typical 6.9-kW system would cost about $12,299 before the 30% federal solar tax credit is applied.
The true price you pay can go above or below the average in Canton depending on a variety of factors, such as the type of solar panels you choose and the solar contractor you hire. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Canton can save around $19,000 on their power bills over 20 years.
For a personalized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Canton
| Year | Return on Investment |
|---|---|
| 1 years | $-10,705 |
| 3 years | $-7,519 |
| 5 years | $-4,333 |
| 7 years | $-1,146 |
| 9 years | $2,040 |
| 11 years | $5,227 |
| 13 years | $8,413 |
| 15 years | $11,600 |
| 17 years | $14,786 |
| 19 years | $17,973 |
| 21 years | $21,159 |
| 23 years | $24,346 |
| 25 years | $27,532 |
Top Solar Installers in Canton
Many homeowners choose to hire a solar installation company since figuring out how to install solar panels on your own can be a lot of work. Companies can also provide access to a large variety of the best solar panels and help you choose which one will be right for you.
Working with a professional solar company 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
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
The cost of installing a solar system in Canton can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production use 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 type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your power bills. In addition, add-on products, like solar batteries, can bring your total well above the Canton average.
Solar Financing Terms
If paying for a solar system out of pocket is too expensive, solar loans are an affordable route because they cut back your upfront costs and allow you to pay for your system over five to seven years on average. However, the interest on solar loans also adds to your overall costs, so it's crucial to consider that as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
Lastly, the company you hire to install your solar system can influence your pricing. Canton's solar companies all have different labor costs and add varying upcharges to equipment. 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 because they have access to greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower 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 | $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
There are many companies to choose from in Canton, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
- Contract: Before you sign a contract with a solar company, be sure to read it through fully so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Solar Panel Brands: Different companies will have different brands and kinds of panels. If you want a specific brand, make sure the solar panel installer you're considering has it.
- Warranty: Warranties that cover replacement parts and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one mark of a good company.
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 Canton, GA Solar Cost FAQs
What is the average cost of installing solar panels in Canton?
This is a hard question to answer exactly, because the cost depends on a few different factors. Broadly 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 extra solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Canton?
Leasing solar panels can be an appealing choice, because it usually comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better option if you want to get the most savings.
Is it worth going solar in Canton?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and how much direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of 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 buy 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.