Solar Panel Cost Guide in Hapeville, GA (2023 Update)
- Hapeville Solar Installation Cost: $12,137
- 25-Year Savings: $23,648
- Payback Period: 8.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Hapeville
Here's how much it might cost to switch to solar power in Hapeville.
Although the national average of solar panels is $2.66 per watt, solar panels in Hapeville generally cost around 2.55. Since a 6.8-kW system is needed to cover the energy consumption of a typical home in Hapeville, the average price of going solar will be about $12,138 after claiming the federal solar tax credit of 30%.
How much you pay can go above or below the average in Hapeville depending on a variety of factors, such as the brand of solar panels you choose and the solar company you hire. For most homeowners, the upfront investment in solar power is worth paying. On average homeowners in Hapeville see about $20,000 in savings on electricity bills over 20 years.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Hapeville
| Year | Return on Investment |
|---|---|
| 1 years | $-12,018 |
| 3 years | $-11,780 |
| 5 years | $-11,541 |
| 7 years | $-11,302 |
| 9 years | $-11,064 |
| 11 years | $-10,825 |
| 13 years | $-10,587 |
| 15 years | $-10,348 |
| 17 years | $-10,110 |
| 19 years | $-9,871 |
| 21 years | $-9,632 |
| 23 years | $-9,394 |
| 25 years | $-9,155 |
Top Solar Installers in Hapeville
Many homeowners choose to hire a solar installation company since figuring out how to install solar panels on your own can be a lot of work. Local solar installers can also help you maximize your return on investment by walking you through any local incentives and by offering warranties and repairs.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Hapeville
Factors that Affect Solar Panel Costs in Hapeville
For many Hapeville homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Hapeville, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Hapeville to be prohibitively costly, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in paying more over time because of interest. 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 how long it'll take to pay back the loan.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Hapeville is the company you hire to install your PV system. As with choosing a company to install new cabinets, for example, there's no shortage of solar installers that offer a range of services for different budgets. Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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 | $20,438 | 8.8 years |
| 8 kW | $2.60 | $14,566 | $27,536 | 8.6 years |
| 10 kW | $2.55 | $17,850 | $34,777 | 8.5 years |
| 12 kW | $2.50 | $20,992 | $42,161 | 8.3 years |
| 14 kW | $2.45 | $23,990 | $49,688 | 8.1 years |
| 16 kW | $2.40 | $26,846 | $57,357 | 8.0 years |
| 18 kW | $2.35 | $29,560 | $65,170 | 7.8 years |
| 20 kW | $2.29 | $32,130 | $73,125 | 7.6 years |
How to Save on Solar Panels
The solar panel company you opt for 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 a few important things you should take into account, such as:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Although there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you take a look at their list of options before making your decision.
- Contract: Even though reading through a contract can take a lot of time, it's important to do it fully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panel system running for a long time and save you money on part replacement and repairs.
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 Hapeville, GA Solar Cost FAQs
How much does it cost to install solar panels in Hapeville?
The average cost of solar panels in Hapeville is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the actual cost will depend on things such as the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Hapeville?
You can't get solar panels for free in Hapeville. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
How much can I save on electricity bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,052.55 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the average daily 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 cover 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.