Solar Panel Cost Guide in Cordele, GA (2023 Update)
- Cordele Solar Installation Cost: $11,601
- 25-Year Savings: $23,502
- Payback Period: 8.3 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated September 15, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Cordele
Let's have a look at the average cost of solar in Cordele.
The average cost of solar panels in Cordele is 2.55 per watt. The average Cordele homeowner needs a 6.5-kilowatt system, which would cost about $11,602 with the federal tax credit, or $16,591 before the 30% tax credit is applied.
The actual price you pay can go higher or lower than the average in Cordele depending on several factors, such as the model of solar panels you choose and the solar company you hire. Many homeowners find installing a solar system is a solid investment. The average homeowner in Cordele can save around $21,000 on their electricity bills over 20 years.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Cordele
| Year | Return on Investment |
|---|---|
| 1 years | $-10,056 |
| 3 years | $-6,967 |
| 5 years | $-3,878 |
| 7 years | $-789 |
| 9 years | $2,300 |
| 11 years | $5,389 |
| 13 years | $8,478 |
| 15 years | $11,567 |
| 17 years | $14,656 |
| 19 years | $17,745 |
| 21 years | $20,834 |
| 23 years | $23,923 |
| 25 years | $27,012 |
Top Solar Installers in Cordele
When making the switch to solar, many homeowners opt to use a solar installer since overseeing your solar installation yourself can be a difficult project. A solar installer can also help save you money in the long run by providing warranties, repairs and component replacements.
Working with a professional 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 Cordele
Factors that Affect Solar Panel Costs in Cordele
For many Cordele homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Cordele, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production require 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. There are a lot of different solar panel brands and the one you choose also changes the cost. Generally, the brands that have better efficiency tend to also be more expensive. Plus, the type of equipment you choose can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Cordele to be prohibitively costly, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides access to financing options. Solar loans substantially decrease upfront costs in most cases, but they also lead to higher prices over time due to interest. Even though solar loans make switching to solar energy more accessible for Cordele homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar panel installation company you pick will impact your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor. The company's size can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $21,269 | 8.6 years |
| 8 kW | $2.60 | $14,566 | $28,645 | 8.4 years |
| 10 kW | $2.55 | $17,850 | $36,163 | 8.3 years |
| 12 kW | $2.50 | $20,992 | $43,824 | 8.1 years |
| 14 kW | $2.45 | $23,990 | $51,628 | 7.9 years |
| 16 kW | $2.40 | $26,846 | $59,574 | 7.8 years |
| 18 kW | $2.35 | $29,560 | $67,664 | 7.6 years |
| 20 kW | $2.29 | $32,130 | $75,896 | 7.4 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because picking a company can be a tough decision, we have some tips to help you, such as:
- Contract: Before signing a contract with a solar company, be sure to look it over fully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Although there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of options before deciding.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years in most cases offer good-quality solar panel installation and expertise.
- Warranty: Warranties that cover replacement parts and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one sign of a quality 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 Cordele, GA Solar Cost FAQs
How much does it cost to install solar panels in Cordele?
This is a hard question to answer exactly, because the cost depends on a variety of factors. Generally 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 other solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Cordele?
You can't get solar panels for free in Cordele. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.
Do solar panels increase your property value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Cordele is currently $84,400, so you could be looking at a value of about $3,460 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Cordele is a fruitful investment.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home 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.