Solar Panel Cost Guide in Cedartown, GA (2023 Update)
- Cedartown Solar Installation Cost: $12,348
- 25-Year Savings: $22,881
- Payback Period: 8.8 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Cedartown
We go over 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. To cover the typical energy needs of the average home in Cedartown, most homeowners require a 6.9-kilowatt system. Using the figure above, a solar installation costs around $12,352, or $17,663 before the federal solar tax credit of 30% is applied.
Bear in mind that the figures above are only estimates based on the average Cedartown homeowner. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. But, once you've paid the upfront cost of installation, the return on investment for most homeowners is quite good, with a net average savings of about $19,000 over 20 years on utility bills.
Click the button below to get connected to a vetted solar installer in your area for a custom quote.
Solar savings over time in Cedartown
| Year | Return on Investment |
|---|---|
| 1 years | $-10,754 |
| 3 years | $-7,568 |
| 5 years | $-4,381 |
| 7 years | $-1,195 |
| 9 years | $1,991 |
| 11 years | $5,178 |
| 13 years | $8,364 |
| 15 years | $11,551 |
| 17 years | $14,737 |
| 19 years | $17,924 |
| 21 years | $21,110 |
| 23 years | $24,297 |
| 25 years | $27,483 |
Top Solar Installers in Cedartown
Many homeowners opt for a solar installer since installing solar panels by yourself can be a lot of work. A solar installer can also help save you money over time by offering warranties, repairs and part replacements.
Working with a licensed 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 Cedartown
Factors that Affect Solar Panel Costs in Cedartown
There are several criteria that can influence your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater 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. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Cedartown, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are available from most installers in Cedartown, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable. While solar loans make going solar more accessible for Cedartown homeowners, they can also increase 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
The solar installer you go with to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar installation companies in Cedartown, and each can charge different amounts for labor and equipment. You may see national solar installers that have lower prices due to their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions 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 | $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
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.