Solar Panel Cost Guide in Commerce, GA (Mar 2023)
- Commerce Solar Installation Cost: $12,031
- 25-Year Savings: $21,456
- Payback Period: 9.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Commerce
Let's have a look at the average cost of solar in Commerce.
While the national average of solar panels is $2.66 per watt, solar panels in Commerce typically cost about 2.55. To account for the typical energy needs of the average home in Commerce, most homeowners require a 6.7-kilowatt system. Using the figure above, a solar installation costs around $12,031, or $17,204 before the federal solar tax credit of 30% is applied.
Remember that the numbers above are only averages. The price you'll pay for solar may look quite different based on your household energy use, the type of solar system you want to get, your solar contractor and more. Despite the significant upfront cost, the average Commerce homeowner can save about $19,000 on their electricity bills over 20 years, which is one of the advantages of solar.
You can click the button below to get connected with a top solar installer in Commerce for a quote for your home.
Solar savings over time in Commerce
| Year | Return on Investment |
|---|---|
| 1 years | $-10,691 |
| 3 years | $-8,012 |
| 5 years | $-5,334 |
| 7 years | $-2,655 |
| 9 years | $24 |
| 11 years | $2,703 |
| 13 years | $5,382 |
| 15 years | $8,061 |
| 17 years | $10,740 |
| 19 years | $13,419 |
| 21 years | $16,098 |
| 23 years | $18,777 |
| 25 years | $21,456 |
Top Solar Installers in Commerce
When making the switch to solar, many homeowners decide to use a solar company since overseeing your solar installation yourself can be a challenging project. Plus, if you aren't sure what brand of solar panels and equipment you may need, a solar company can help you find the right equipment for you after a site survey and consultation.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Commerce
Factors that Affect Solar Panel Costs in Commerce
Though the average cost of a solar system in Commerce is $12,031, your final cost may differ. There are quite a few factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to consider.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to spend around $2,550 per kilowatt in Commerce. The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag 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 will be looking at a higher equipment cost, but this can typically lead to greater 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 solar out of pocket can be a challenge. Solar loans are provided by most installers in Commerce, which can reduce, or in some cases eliminate, your upfront costs to make solar more affordable. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar panel installer you select will affect your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Larger national companies generally have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.
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 | $18,676 | 9.3 years |
| 8 kW | $2.60 | $14,566 | $25,186 | 9.2 years |
| 10 kW | $2.55 | $17,850 | $31,840 | 9.0 years |
| 12 kW | $2.50 | $20,992 | $38,636 | 8.8 years |
| 14 kW | $2.45 | $23,990 | $45,576 | 8.6 years |
| 16 kW | $2.40 | $26,846 | $52,658 | 8.4 years |
| 18 kW | $2.35 | $29,560 | $59,883 | 8.3 years |
| 20 kW | $2.29 | $32,130 | $67,250 | 8.1 years |
How to Save on Solar Panels
The solar installer you choose will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should keep in mind, such as:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to do the job well. Another way you can verify your installer's reputation is by reading reviews.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you go with.
- Contract: Review the contract terms carefully to make sure you understand how much it will cost, project timeline incentives and warranties.
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 Commerce, GA Solar Cost FAQs
What is the average cost of installing solar panels in Commerce?
The average cost of solar panels in Commerce 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 certain factors like the model of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it's the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Does Commerce have a net metering program?
Most states offer net metering programs of some kind. Through these, you can either get paid for the extra power your system produces 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 many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and how much 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 cover 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.