Solar Panel Cost Guide in Cedartown, GA (Mar 2023)
- Cedartown Solar Installation Cost: $12,352
- 25-Year Savings: $22,876
- Payback Period: 8.8 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Cedartown
We break down average solar pricing in Cedartown.
The national average cost of solar panels is $2.66 per watt, but in Cedartown it's 2.55 per watt. Because a 6.9-kW system is needed to cover the energy consumption of a typical home in Cedartown, the average price of going solar will be about $12,352 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of installing solar panels can vary depending on several factors, such as how many panels you need, your energy usage and what company you go with. But, once you've paid the initial cost of installation, the payback for most homeowners is typically good, with a net average savings of about $19,000 over 20 years on electricity bills.
Click the button below to get connected to a vetted solar installer in Cedartown for a custom quote.
Solar savings over time in Cedartown
| Year | Return on Investment |
|---|---|
| 1 years | $-10,943 |
| 3 years | $-8,125 |
| 5 years | $-5,306 |
| 7 years | $-2,488 |
| 9 years | $330 |
| 11 years | $3,148 |
| 13 years | $5,967 |
| 15 years | $8,785 |
| 17 years | $11,603 |
| 19 years | $14,421 |
| 21 years | $17,240 |
| 23 years | $20,058 |
| 25 years | $22,876 |
Top Solar Installers in Cedartown
When making the switch to solar, many homeowners decide to go with a solar installation company since overseeing your solar installation yourself can be a challenging project. Plus, if you aren't sure what type of solar panels and equipment you need, a solar company can help you find the right equipment for you after a site survey and consultation.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some 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 Cedartown
Factors that Affect Solar Panel Costs in Cedartown
Even though the average cost of a solar system in Cedartown is $12,352, your actual cost may differ. There are several factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to consider.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,550. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, 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 Cedartown average.
Solar Financing Terms
Most solar companies in Cedartown offer solar loans, which reduce your upfront costs of installing solar. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
Lastly, the company you get to install your solar panels can impact how much it costs. Cedartown's solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and find a company that provides the products, warranties and services you want and also fit into your budget.
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 | $19,418 | 9.1 years |
| 8 kW | $2.60 | $14,566 | $26,176 | 8.9 years |
| 10 kW | $2.55 | $17,850 | $33,077 | 8.8 years |
| 12 kW | $2.50 | $20,992 | $40,121 | 8.6 years |
| 14 kW | $2.45 | $23,990 | $47,307 | 8.4 years |
| 16 kW | $2.40 | $26,846 | $54,637 | 8.2 years |
| 18 kW | $2.35 | $29,560 | $62,109 | 8.1 years |
| 20 kW | $2.29 | $32,130 | $69,724 | 7.9 years |
How to Save on Solar Panels
The solar installer you go with will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, including:
- Reputation: Long-running companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: The model of solar panel you need to get plays a role in which company you should choose, since different companies have access to different panels.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
- Contract: When reading over your solar installer's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
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 Cedartown, GA Solar Cost FAQs
What is the average cost of installing solar panels in Cedartown?
The average cost of solar panels in Cedartown is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the actual cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Cedartown?
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 can't take advantage of 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 you sell solar power back to the grid in Cedartown?
The majority of states have net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level 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.