Solar Panel Cost Guide in East Point, GA (2023 Update)
- East Point Solar Installation Cost: $12,137
- 25-Year Savings: $22,941
- Payback Period: 8.7 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 East Point
Let's have a look at the average cost of solar panels in East Point.
Currently, the national average cost of solar panels is $2.66 per watt. However, in East Point, the average cost of a solar system is 2.55 per watt. Using this figure, a typical 6.8-kW system would cost about $12,138 before the 30% federal solar tax credit is applied.
The true cost of your system can be above or below the average in East Point based on several factors, such as the type of solar panels you choose and the solar installer you hire. For most homeowners, the upfront cost of solar is worth paying. On average East Point homeowners see about $20,000 in savings on electricity bills over 20 years.
You can click the button below to get connected with a pre-vetted solar installer in East Point that can help you get a more accurate cost estimate for your home.
Solar savings over time in East Point
| Year | Return on Investment |
|---|---|
| 1 years | $-10,492 |
| 3 years | $-7,200 |
| 5 years | $-3,909 |
| 7 years | $-618 |
| 9 years | $2,674 |
| 11 years | $5,965 |
| 13 years | $9,257 |
| 15 years | $12,548 |
| 17 years | $15,839 |
| 19 years | $19,131 |
| 21 years | $22,422 |
| 23 years | $25,713 |
| 25 years | $29,005 |
Top Solar Installers in East Point
Many homeowners decide to hire a solar panel company since trying to install solar panels on your own can be a lot of work. A solar company can also help save you money over time by providing warranties, repairs and system component replacements.
If you'd like to make the switch to solar but still aren't certain which solar installer to go with, here are our suggestions for providers in East Point:
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 East Point
Factors that Affect Solar Panel Costs in East Point
There are many criteria that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay around $2,550 per kilowatt in East Point. The kind of solar panels and equipment you choose is another factor that will considerably influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Moreover, solar equipment goes beyond just the solar panels themselves. You'll also need to decide on 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
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That's why many East Point homeowners opt to finance their solar panel systems to make paying for solar more affordable. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The last key cost factor you should take into consideration is the installer you choose. Given the massive popularity of sustainable energy solutions in East Point, you'll have plenty of options to choose from, but each comes at different price points for labor and equipment. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and decide on the company that provides the products, warranties and services you want and also is within your budget.
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 | $19,814 | 9.0 years |
| 8 kW | $2.60 | $14,566 | $26,705 | 8.8 years |
| 10 kW | $2.55 | $17,850 | $33,738 | 8.7 years |
| 12 kW | $2.50 | $20,992 | $40,914 | 8.5 years |
| 14 kW | $2.45 | $23,990 | $48,233 | 8.3 years |
| 16 kW | $2.40 | $26,846 | $55,694 | 8.1 years |
| 18 kW | $2.35 | $29,560 | $63,299 | 8.0 years |
| 20 kW | $2.29 | $32,130 | $71,046 | 7.8 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: The type of solar panel you need to install plays a role in which company you should go with, since different companies have different panels.
- Warranty: Warranties that cover defective panels 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 mark of a quality company.
- Contract: Although reading through a contract can be tedious, it's important to do it carefully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
- Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
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 East Point, GA Solar Cost FAQs
What is the average cost of installing solar panels in East Point?
This is a difficult 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 cost more if you want additional solar equipment or more efficient panels, or if you have above-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.
Can you get solar panels for free in East Point?
Solar panels aren't free in East Point, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is it worth going solar in East Point?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and how much direct sunlight your roof gets.
How long do solar panels last in East Point?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using 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.