Solar Panel Cost Guide in Fayetteville, GA (2025 Update)
- Fayetteville Solar Installation Cost: $17,590
- 25-Year Savings: $22,240
- Payback Period: 13.5 Years
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Average Cost of Solar Panels in Fayetteville
Find out what the average cost of installing solar panels is in Fayetteville.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Fayetteville, the average cost of solar panels is 4 per watt.The average Fayetteville homeowner needs a 6.7-kilowatt system, which would cost about $17,590 with the federal tax credit, or $25,154 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of installing solar panels can vary quite a bit based on multiple factors, such as what size system you need, your energy usage and what installation company you go with.Many homeowners find installing a solar system is a rewarding investment. The average homeowner in Fayetteville can save about $18,000 on their electricity bills over 20 years.
Click the button below to get connected to a highly rated solar company in Fayetteville for a customized quote.
Solar savings over time in Fayetteville
| Year | Return on Investment |
|---|---|
| 1 years | $-15,997 |
| 3 years | $-12,811 |
| 5 years | $-9,624 |
| 7 years | $-6,438 |
| 9 years | $-3,251 |
| 11 years | $-65 |
| 13 years | $3,122 |
| 15 years | $6,308 |
| 17 years | $9,495 |
| 19 years | $12,681 |
| 21 years | $15,868 |
| 23 years | $19,054 |
| 25 years | $22,240 |
Top Solar Installers in Fayetteville
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Hiring a solar panel installer can make converting to solar power much easier. The expertise that solar installers offer can be valuable as well, especially if you aren’t sure what kind of solar equipment you need.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some near you:
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 Fayetteville
Factors that Affect Solar Panel Costs in Fayetteville
The cost of installing a solar system in Fayetteville can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. For that reason, it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs.The type of solar panels and equipment you get is another factor that will greatly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, 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 looking for a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are provided by most installers in Fayetteville, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable.When figuring out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The solar company you opt for to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar installation companies operating in Fayetteville, and each can charge different amounts for labor and equipment.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $12,680 | 14.1 years |
| 8 kW | $3.81 | $21,363 | $17,325 | 13.8 years |
| 10 kW | $3.74 | $26,180 | $22,180 | 13.5 years |
| 12 kW | $3.67 | $30,788 | $27,245 | 13.3 years |
| 14 kW | $3.59 | $35,186 | $32,518 | 13.0 years |
| 16 kW | $3.52 | $39,375 | $38,002 | 12.7 years |
| 18 kW | $3.44 | $43,354 | $43,694 | 12.5 years |
| 20 kW | $3.37 | $47,124 | $49,596 | 12.2 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be difficult, we have some tips to help you, such as:
- Reputation: Companies that have been operating for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
- 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 the project timeline.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should secure and what the project timeline is.
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 Fayetteville, GA Solar Cost FAQs
What is the average cost of installing solar panels in Fayetteville?
The average cost of solar panels in Fayetteville is about $18,700 for a 5-kW system and $37,400 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Fayetteville?
Leasing solar panels can be an option if you are unable 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.
Does Fayetteville have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future utility bills.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you need to know how much energy your home needs 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 household 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.