Solar Panel Cost Guide in Commerce, GA (2024 Update)
- Commerce Solar Installation Cost: $17,643
- 25-Year Savings: $21,457
- Payback Period: 13.2 Years
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Average Cost of Solar Panels in Commerce
Find out what the average cost of a solar system is in Commerce.
In Commerce, solar panels cost about 4 per watt on average.The average Commerce homeowner needs a 6.7-kilowatt system, which would cost about $17,643 with the federal tax credit, or $25,229 before the 0 tax credit is applied.
These figures are just averages, and the cost of going solar for you may differ based on factors unique to your home and what company you choose to go with.For many homeowners, the upfront cost of solar is worth paying. On average homeowners in Commerce see about $19,000 in savings on utility bills over 20 years.
You can click the button below to get connected with a vetted solar company in Commerce that can help you get a more accurate cost estimate for your home.
Solar savings over time in Commerce
| Year | Return on Investment |
|---|---|
| 1 years | $-16,050 |
| 3 years | $-12,863 |
| 5 years | $-9,677 |
| 7 years | $-6,490 |
| 9 years | $-3,304 |
| 11 years | $-117 |
| 13 years | $3,069 |
| 15 years | $6,256 |
| 17 years | $9,442 |
| 19 years | $12,629 |
| 21 years | $15,815 |
| 23 years | $19,001 |
| 25 years | $22,188 |
Top Solar Installers in Commerce
When switching to solar energy, many homeowners choose to use a solar company since putting up solar panels yourself can be a challenging project. Plus, warranties and repairs from your solar panel installer can protect your investment and reduce the cost of maintenance in the long run.
Working with a vetted solar installer can help your solar project go smoothly. 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 Commerce
Factors that Affect Solar Panel Costs in Commerce
For many Commerce homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Commerce, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most important 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 power your household uses, the larger your system will likely need to be. You can expect to spend about $3,740 per kilowatt in Commerce.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Commerce, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That’s why many Commerce homeowners decide to finance their solar panel systems to make paying for solar more affordable.It’s wise to add 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 back the loan.
Solar Panel Installation Company
The solar installer you hire to handle your switch to green energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout Commerce, and each can charge varying amounts for labor and equipment.You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials 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 | $3.89 | $16,336 | $13,478 | 13.7 years |
| 8 kW | $3.81 | $21,363 | $18,389 | 13.4 years |
| 10 kW | $3.74 | $26,180 | $23,510 | 13.2 years |
| 12 kW | $3.67 | $30,788 | $28,840 | 12.9 years |
| 14 kW | $3.59 | $35,186 | $34,380 | 12.6 years |
| 16 kW | $3.52 | $39,375 | $40,129 | 12.4 years |
| 18 kW | $3.44 | $43,354 | $46,088 | 12.1 years |
| 20 kW | $3.37 | $47,124 | $52,256 | 11.9 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a challenge, we have some tips to help you, such as:
- Reputation: Well-established companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Contract: When reading through your solar company’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
- Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the gold standard in the business, and offering such a warranty is one indication 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 Commerce, GA Solar Cost FAQs
What is the average cost of installing solar panels in Commerce?
This is a difficult question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $18,700 for a 5-kW system and $37,400 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have above-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Are solar panels free in Commerce?
You can’t get solar panels for free in Commerce. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Does Commerce have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can either receive compensation for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.