Solar Panel Cost Guide in Experiment, GA (2023 Update)
- Experiment Solar Installation Cost: $11,916
- 25-Year Savings: $19,257
- Payback Period: 9.6 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Experiment
See how much it might cost to install solar panels in Experiment.
The average cost of solar panels in Experiment is 2.55 per watt. The average Experiment homeowner needs a 6.7-kilowatt system, which would cost about $11,924 with the federal tax credit, or $17,051 before the 30% tax credit is applied.
These figures are only averages, and your own solar costs will look different based on factors unique to your home and what company you want to go with. Many homeowners find going solar is a rewarding investment. The average homeowner in Experiment can save around $18,000 on their energy bills over 20 years.
To get a free estimate from a top solar installation company in Experiment, you can click the button below.
Solar savings over time in Experiment
| Year | Return on Investment |
|---|---|
| 1 years | $-11,813 |
| 3 years | $-11,605 |
| 5 years | $-11,397 |
| 7 years | $-11,189 |
| 9 years | $-10,981 |
| 11 years | $-10,773 |
| 13 years | $-10,566 |
| 15 years | $-10,358 |
| 17 years | $-10,150 |
| 19 years | $-9,942 |
| 21 years | $-9,734 |
| 23 years | $-9,526 |
| 25 years | $-9,319 |
Top Solar Installers in Experiment
Installing solar panels yourself can be a stressful task, which is why getting a solar installation company is a good option for many homeowners. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long term due to their warranties, repair services and expert design.
If you're searching for a solar installer in Experiment, the EcoWatch team has organized a list of our top suggestions here:
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 Experiment
Factors that Affect Solar Panel Costs in Experiment
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few key factors that will push your cost above or below the average in Experiment: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $2,550. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more in the long run on your electric bills. Additionally, extra products, such as solar batteries, can bring your total well above the Experiment average.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are a popular option because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years. Even though solar loans make switching to solar energy more accessible for Experiment homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Experiment is the company you hire to install your PV system. Similar to choosing a company to renovate your kitchen, for instance, there's no shortage of solar installers that provide a range of services at different price points. Additionally, some companies in Experiment have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $16,879 | 9.9 years |
| 8 kW | $2.60 | $14,566 | $22,791 | 9.7 years |
| 10 kW | $2.55 | $17,850 | $28,846 | 9.6 years |
| 12 kW | $2.50 | $20,992 | $35,043 | 9.4 years |
| 14 kW | $2.45 | $23,990 | $41,384 | 9.2 years |
| 16 kW | $2.40 | $26,846 | $47,867 | 9.0 years |
| 18 kW | $2.35 | $29,560 | $54,493 | 8.8 years |
| 20 kW | $2.29 | $32,130 | $61,261 | 8.6 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should secure and what the project timeline is.
- Reputation: Long-running companies likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- 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 make sure you peruse their list of options before making your decision.
- Contract: Though reading through a contract can be tedious, it's important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
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 Experiment, GA Solar Cost FAQs
How much does it cost to install solar panels in Experiment?
The average cost of solar panels in Experiment is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Experiment?
A solar panel system isn't free in Experiment, but there are some options that can make getting them more feasible, 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 going solar worth it?
Solar panels can be a beneficial investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already fairly low, solar panels might not be for you.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can 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 get between 20 and 35 panels to account for 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.