Solar Panel Cost Guide in Hapeville, GA (Jan 2023)
- Hapeville Solar Installation Cost: $12,138
- 25-Year Savings: $23,647
- Payback Period: 8.5 Years
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Updated January 20, 2023
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Average Cost of Solar Panels in Hapeville
We break down average solar pricing in Hapeville.
The national average cost of solar panels is $2.66 per watt, but in Hapeville it's $3 per watt. To account for the typical energy needs of the average home in Hapeville, most homeowners require a 6.8-kilowatt system. Using the per-watt figure above, a solar installation costs about $12,138, or $8,982 after the federal solar tax credit of 30% is applied.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy consumption, the type of solar system you want, your solar contractor and more. Many homeowners find going solar is a rewarding investment. The average homeowner in Hapeville can save about $20,000 on their power bills over 20 years.
To receive a free estimate from a vetted solar installer in Hapeville, you can click the button below.
Solar savings over time in Hapeville
| Year | Return on Investment |
|---|---|
| 1 years | $-10,707 |
| 3 years | $-7,844 |
| 5 years | $-4,981 |
| 7 years | $-2,118 |
| 9 years | $745 |
| 11 years | $3,607 |
| 13 years | $6,470 |
| 15 years | $9,333 |
| 17 years | $12,196 |
| 19 years | $15,059 |
| 21 years | $17,921 |
| 23 years | $20,784 |
| 25 years | $23,647 |
Top Solar Installers in Hapeville
Many homeowners choose to use a solar panel installer since trying to install solar panels on your own can be a lot of work. Another advantage of utilizing a solar installer is that they can help you maximize your ROI by cutting back on future costs of repairs and replacements because of warranties and helping you learn about local incentives you can take advantage of.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that affect your total cost in Hapeville: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. Because of that, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your power bills. In addition, extra products, like solar batteries, can bring your total well above the Hapeville average.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are a popular choice because they cut back your upfront costs and let you pay for your system over five to seven years on average. However, the interest on solar loans also increases your overall costs, so it's important 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
A final factor to consider when trying to estimate the cost of solar for your home or business in Hapeville is the company you get to install your PV system. Similar to 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 usually have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on 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
Since the brand of solar panels and the installer 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're worried about the longevity of your solar system, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years likely offer high-quality solar panel installation and expertise.
- Contract: When reading over your solar company's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Solar Panel Brands: Different companies offer different brands and kinds of panels. If you want a specific brand, make sure the solar installer you're considering has it.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 real cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will having solar panels impact my property 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 Hapeville is currently $90,700, which means you can look forward to a value of about $3,719 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Hapeville is a rewarding investment.
How long do solar panels last in Hapeville?
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 the amount of energy they produce will have decreased significantly after that point. You can opt to 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.