Solar Panel Cost Guide in Fitzgerald, GA (2023 Update)
- Fitzgerald Solar Installation Cost: $11,495
- 25-Year Savings: $26,767
- Payback Period: 7.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Fitzgerald
We go over average solar pricing in Fitzgerald.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Fitzgerald, the average cost of a solar system is 2.55 per watt. Using this figure, a typical 6.4-kW system would cost about $11,495 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy needs, the type of solar system you choose, your solar contractor and more. But, once you've paid the initial cost of installation, the savings for most homeowners is quite good, with a net average savings of about $23,000 over 20 years on power bills.
You can click the button below to get connected with a pre-vetted solar installer in Fitzgerald for a quote for your home.
Solar savings over time in Fitzgerald
| Year | Return on Investment |
|---|---|
| 1 years | $-11,368 |
| 3 years | $-11,113 |
| 5 years | $-10,858 |
| 7 years | $-10,603 |
| 9 years | $-10,347 |
| 11 years | $-10,092 |
| 13 years | $-9,837 |
| 15 years | $-9,582 |
| 17 years | $-9,327 |
| 19 years | $-9,072 |
| 21 years | $-8,817 |
| 23 years | $-8,562 |
| 25 years | $-8,307 |
Top Solar Installers in Fitzgerald
Many homeowners opt for a solar panel installer since installing solar panels on your own can be challenging. Another perk of using a solar company is that they can help you optimize your investment by lowering your future costs of repairs and replacements with the help of warranties and helping you learn about local incentives you can take advantage of.
If you're looking for a solar company in Fitzgerald, we've compiled 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 Fitzgerald
Factors that Affect Solar Panel Costs in Fitzgerald
Though the average cost of a solar system in Fitzgerald is $11,495, your actual cost may differ. There are quite a few factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,550. There are many different solar panel brands and the one you choose also changes the cost. Generally, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Fitzgerald offer solar loans, which reduce the initial cost of installing a solar system. It's wise 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 the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
The remaining major cost factor you should keep in mind is the installer you choose. Given the massive popularity of clean energy solutions in Fitzgerald, you'll have plenty of options to choose from, but each comes at varying price points for labor and equipment. Some companies 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 choose a company that has the products, warranties and services you want and also fit into 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 | $24,510 | 7.8 years |
| 8 kW | $2.60 | $14,566 | $32,966 | 7.7 years |
| 10 kW | $2.55 | $17,850 | $41,564 | 7.5 years |
| 12 kW | $2.50 | $20,992 | $50,305 | 7.4 years |
| 14 kW | $2.45 | $23,990 | $59,189 | 7.2 years |
| 16 kW | $2.40 | $26,846 | $68,216 | 7.1 years |
| 18 kW | $2.35 | $29,560 | $77,386 | 6.9 years |
| 20 kW | $2.29 | $32,130 | $86,698 | 6.8 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose greatly affects your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: If you care about the endurance of your solar system, ensuring your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: When reading through your solar installer's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years likely provide quality solar panel installation and expertise.
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 Fitzgerald, GA Solar Cost FAQs
How much does it cost to install solar panels in Fitzgerald?
This is a hard question to answer precisely, because the cost depends on a few different 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 extra solar equipment or more efficient panels, or if you have above-average energy needs. Conversely, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Fitzgerald?
You can't get solar panels for free in Fitzgerald. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
How will solar panels impact my property value?
Solar panels can increase your property's value remarkably as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How often do you have to replace solar panels?
Even though 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 how much energy they produce will have decreased significantly after that point. You can replace them once you've had 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.