Solar Panel Cost Guide in Dock Junction, GA (2024 Update)
- Dock Junction Solar Installation Cost: $15,919
- 25-Year Savings: $25,918
- Payback Period: 10.8 Years
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Average Cost of Solar Panels in Dock Junction
Find out what the average cost of installing solar panels is in Dock Junction.
The average cost of a solar system in Dock Junction is 4 per watt.The average Dock Junction homeowner needs a 6.1-kilowatt system, which would cost about $15,919 with the federal tax credit, or $22,764 before the 0 tax credit is applied.
The true cost of your system can be higher or lower than the average in Dock Junction depending on a variety of factors, such as the type of solar panels you choose and the solar contractor you hire.For many homeowners, the upfront cost of solar panels is worth paying. On average you could be looking at about $23,000 in savings on utility bills over 20 years.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Dock Junction
| Year | Return on Investment |
|---|---|
| 1 years | $-14,326 |
| 3 years | $-11,139 |
| 5 years | $-7,953 |
| 7 years | $-4,766 |
| 9 years | $-1,580 |
| 11 years | $1,607 |
| 13 years | $4,793 |
| 15 years | $7,980 |
| 17 years | $11,166 |
| 19 years | $14,353 |
| 21 years | $17,539 |
| 23 years | $20,726 |
| 25 years | $23,912 |
Top Solar Installers in Dock Junction
When going solar, many homeowners decide to use a solar company since installing a solar system yourself can be a time-consuming project. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long run because of their warranties, repair services and expert design.
If you’d like to switch to solar energy but still aren’t sure which solar company to go with, here are our recommendations for providers in Dock Junction:
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 Dock Junction
Factors that Affect Solar Panel Costs in Dock Junction
The cost of installing a solar system in Dock Junction can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the price of a solar panel system in Dock Junction, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy usage, which you can gauge by looking at past power bills. Your total cost can increase by around $3,740 for each additional kilowatt you need.There are many different solar panel brands and the one you choose also changes the cost. In many cases, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you want to install 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
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are offered by most installers in Dock Junction, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar installation companies in Dock Junction, and each can charge varying amounts for labor and equipment.The company’s size can sometimes play the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to greater resources and better 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 | $3.89 | $16,336 | $19,948 | 11.3 years |
| 8 kW | $3.81 | $21,363 | $27,016 | 11.0 years |
| 10 kW | $3.74 | $26,180 | $34,293 | 10.8 years |
| 12 kW | $3.67 | $30,788 | $41,780 | 10.6 years |
| 14 kW | $3.59 | $35,186 | $49,477 | 10.4 years |
| 16 kW | $3.52 | $39,375 | $57,383 | 10.2 years |
| 18 kW | $3.44 | $43,354 | $65,498 | 10.0 years |
| 20 kW | $3.37 | $47,124 | $73,823 | 9.7 years |
How to Save on Solar Panels
There are a large number of companies available in Dock Junction, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: If you care about the durability of your solar system, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: When going solar, it’s essential to maintain an open line of communication with your solar installer. Confirm that you understand how the installation process works and the completion timeline.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. While 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 options before deciding.
- Contract: It’s important to look over your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
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 Dock Junction, GA Solar Cost FAQs
How much does it cost to install solar panels in Dock Junction?
The average cost of solar panels in Dock Junction is about $18,700 for a 5-kW system and $37,400 for a 10-kW system before the ITC, but the real cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Dock Junction?
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 savings from going solar.
How much can I save on energy bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,209.47 per year.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount 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.