Solar Panel Cost Guide in Chattahoochee Hills, GA (Mar 2023)
- Chattahoochee Hills Solar Installation Cost: $12,084
- 25-Year Savings: $21,277
- Payback Period: 9.1 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Chattahoochee Hills
Let's take a look at the average cost of solar in Chattahoochee Hills.
While the national average of solar panels is $2.66 per watt, solar panels in Chattahoochee Hills typically cost about 2.55. Using this figure, a typical 6.8-kW system would cost about $12,084 before the 30% federal solar tax credit is applied.
These figures are only estimates, and your own solar costs may differ based on your energy needs and what company you choose to go with. But, after you've paid the upfront cost of installation, the return on investment for most homeowners is typically rewarding, with a net average savings of about $19,000 over 20 years on power bills.
You can click the button below to get connected with a top solar company in Chattahoochee Hills for a quote for your home.
Solar savings over time in Chattahoochee Hills
| Year | Return on Investment |
|---|---|
| 1 years | $-10,750 |
| 3 years | $-8,081 |
| 5 years | $-5,412 |
| 7 years | $-2,743 |
| 9 years | $-74 |
| 11 years | $2,595 |
| 13 years | $5,264 |
| 15 years | $7,933 |
| 17 years | $10,602 |
| 19 years | $13,270 |
| 21 years | $15,939 |
| 23 years | $18,608 |
| 25 years | $21,277 |
Top Solar Installers in Chattahoochee Hills
Many homeowners decide to hire a solar installer since installing solar panels by yourself can be a lot of work. Plus, if you're not certain what kind of solar panels and equipment you may need, a solar expert can help you find the right equipment for you after a site survey and consultation.
If you'd like to start using solar energy but still aren't certain which solar system company to go with, here are our suggestions for providers near you:
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 Chattahoochee Hills
Factors that Affect Solar Panel Costs in Chattahoochee Hills
For many Chattahoochee Hills homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Chattahoochee Hills, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar system in Chattahoochee Hills, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy consumption, which you can determine by looking at past electricity bills. Your total cost can increase by about $2,550 for each additional kilowatt you need. The brand of solar panels and equipment you choose is another factor that will considerably impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Plus, solar equipment is more than just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Chattahoochee Hills to be prohibitively steep, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to paying more over time because of interest. It's wise to factor the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
The solar panel installation company you choose will play a role in your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor. Additionally, some companies in Chattahoochee Hills know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $18,428 | 9.4 years |
| 8 kW | $2.60 | $14,566 | $24,856 | 9.2 years |
| 10 kW | $2.55 | $17,850 | $31,427 | 9.1 years |
| 12 kW | $2.50 | $20,992 | $38,141 | 8.9 years |
| 14 kW | $2.45 | $23,990 | $44,998 | 8.7 years |
| 16 kW | $2.40 | $26,846 | $51,997 | 8.5 years |
| 18 kW | $2.35 | $29,560 | $59,140 | 8.3 years |
| 20 kW | $2.29 | $32,130 | $66,425 | 8.2 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Chattahoochee Hills, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Contract: Read the contract terms closely to make sure you understand the overall cost, project completion timeline rebates and warranties.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Although there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of offerings before deciding.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and what the project timeline is.
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 Chattahoochee Hills, GA Solar Cost FAQs
What is the average cost of installing solar panels in Chattahoochee Hills?
This is a difficult question to answer precisely, because the cost depends on many 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. It will be more expensive if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
Cost is a very important factor to consider, but whether it's the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
How much can I save on energy bills after installing solar panels?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Chattahoochee Hills, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to replace them after having them for that long or you can continue to use them at a lower efficiency.
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.