Solar Panel Cost Guide in Fair Oaks, GA (Feb 2023)

  • Fair Oaks Solar Installation Cost: $12,263
  • 25-Year Savings: $22,103
  • Payback Period: 8.9 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Fair Oaks

We go over average solar pricing in Fair Oaks.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Fair Oaks, the typical cost of a solar system is $3 per watt. The average solar panel system size in Fair Oaks is around 6.9 kilowatts, meaning a cost of about $12,263 for a solar installation, or $9,075 after the 30% federal solar tax credit is applied.

These figures are only estimates, and how much solar costs for you will look different based on the amount of energy your home requires and what company you choose to go with. For most homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $19,000 in savings on electricity bills over 20 years.

Click the button below to get connected to a reputable solar installer in Fair Oaks for a customized quote.

Solar savings over time in Fair Oaks

Year Return on Investment
1 years $-10,888
3 years $-8,139
5 years $-5,390
7 years $-2,641
9 years $109
11 years $2,858
13 years $5,607
15 years $8,357
17 years $11,106
19 years $13,855
21 years $16,604
23 years $19,354
25 years $22,103

Top Solar Installers in Fair Oaks

Although you can install solar panels on your own, it involves extra energy and expertise. That's one of the reasons most people choose a solar panel installer. Plus, if you're unsure what type of solar panels and equipment you may need, a solar company can help you figure that out after a site survey and consultation.

There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Fair Oaks

Factors that Affect Solar Panel Costs in Fair Oaks

Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that will push your cost above or below the average in Fair Oaks: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.

Solar Equipment

One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay around $2,550 per kilowatt in Fair Oaks. The model of solar panels and equipment you want is another factor that will considerably influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment consists of more than just the solar panels themselves. You'll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking into a solar system that's in your budget.

Solar Financing Terms

Many homeowners find the average cost of solar in Fair Oaks to be prohibitively costly, even if the investment pays off over time. Fortunately, almost every solar installer in the area offers financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest. However, the interest on solar loans also increases your all-in costs, so it's crucial to take that into consideration as well. You can always reduce the total you pay in interest and possibly even your APR by making a larger down payment.

Solar Panel Installation Company

The remaining significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of sustainable energy solutions in Fair Oaks, you'll have lots of options to choose from, but each comes at varying price points for labor and equipment. Companies that only sell products with high efficiency and therefore a higher price point — 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 go with the company that has 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 $18,854 9.3 years
8 kW $2.60 $14,566 $25,425 9.1 years
10 kW $2.55 $17,850 $32,138 8.9 years
12 kW $2.50 $20,992 $38,994 8.7 years
14 kW $2.45 $23,990 $45,992 8.6 years
16 kW $2.40 $26,846 $53,134 8.4 years
18 kW $2.35 $29,560 $60,418 8.2 years
20 kW $2.29 $32,130 $67,846 8.0 years

How to Save on Solar Panels

The solar panel company you go with will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should take into account, including:

  • Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
  • Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
  • Contract: Though reading through a contract can be tedious, it's important to do it carefully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
  • Solar Panel Brands: Different companies will offer various brands and models of panels. If you prefer a specific brand, make sure the solar installer you're considering has it.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Fair Oaks, GA Solar Cost FAQs

What is the average cost of installing solar panels in Fair Oaks?

This is a difficult question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality 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 cheaper solar panels.

Is it better to lease or buy solar panels in Fair Oaks?

Leasing solar panels can be an option if you can't pay upfront or get a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your property 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 financial benefits from going solar.

Do solar panels increase your home value?

Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Fair Oaks is currently $220,504, so you could be looking at a value of about $9,041 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Fair Oaks is a rewarding investment.

How often do you have to replace solar panels?

On average, the lifespan of solar panels is 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 higher level 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.

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