Solar Panel Cost Guide in Heron Bay, GA (2024 Update)
- Heron Bay Solar Installation Cost: $17,470
- 25-Year Savings: $19,114
- Payback Period: 14.1 Years
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Average Cost of Solar Panels in Heron Bay
We break down average solar pricing in Heron Bay.
While the national average of solar panels is $2.66 per watt, solar panels in Heron Bay generally cost about 4.Because a 6.7-kW system is needed to cover the energy needs of a typical home in Heron Bay, the average price of going solar will be about $17,470 after claiming the federal solar tax credit of 0.
These figures are just averages, and the cost of going solar for you will look different based on the amount of energy your home requires and what company you go with.But, once you've paid the upfront cost of installation, the ROI for most homeowners is usually fruitful, with a net average savings of about $18,000 over 20 years on utility bills.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Heron Bay
| Year | Return on Investment |
|---|---|
| 1 years | $-15,876 |
| 3 years | $-12,690 |
| 5 years | $-9,503 |
| 7 years | $-6,317 |
| 9 years | $-3,131 |
| 11 years | $56 |
| 13 years | $3,242 |
| 15 years | $6,429 |
| 17 years | $9,615 |
| 19 years | $12,802 |
| 21 years | $15,988 |
| 23 years | $19,175 |
| 25 years | $22,361 |
Top Solar Installers in Heron Bay
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Going with a solar panel installer can make swapping over to solar power much easier. The payback period on an investment in solar panels will vary depending on factors like your roof configuration and energy use, but going with a solar company can shorten it. Your provider will be able to help you apply for incentives available in your area.
If you’d like to start using solar energy but still aren’t certain which solar system company to go with, here are our suggestions for providers in Heron Bay:
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
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
See all of the solar companies in Heron Bay
Factors that Affect Solar Panel Costs in Heron Bay
Even though the average cost of a solar system in Heron Bay is $17,470, your final cost may be higher or lower than that. There are quite a few factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
The size of the solar system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,740. The kind of solar panels and equipment you choose is another factor that will significantly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more pricey. Moreover, solar equipment goes beyond 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 for a solar system that’s in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Heron Bay to be too expensive, even if the investment pays off over time. Thankfully, nearly every solar company in the area offers financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also lead to a higher cost over time due to interest.However, the interest on solar loans also adds to your total costs, so it’s crucial to keep that in mind as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar panel companies operating in Heron Bay, and each can charge varying amounts for labor and equipment.The size of the company can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.
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 | $11,560 | 14.6 years |
| 8 kW | $3.81 | $21,363 | $15,832 | 14.4 years |
| 10 kW | $3.74 | $26,180 | $20,313 | 14.1 years |
| 12 kW | $3.67 | $30,788 | $25,004 | 13.8 years |
| 14 kW | $3.59 | $35,186 | $29,905 | 13.5 years |
| 16 kW | $3.52 | $39,375 | $35,014 | 13.2 years |
| 18 kW | $3.44 | $43,354 | $40,334 | 13.0 years |
| 20 kW | $3.37 | $47,124 | $45,862 | 12.7 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose has an impact on 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:
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years in most cases provide high-quality solar panel installation and expertise.
- Warranty: Many companies offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: When looking over your solar company’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
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
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
EcoWatch's Heron Bay, GA Solar Cost FAQs
What is the average cost of installing solar panels in Heron Bay?
This is a tough question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $18,700 for a 5-kW system and $37,400 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Heron Bay?
A solar panel system isn’t free in Heron Bay, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is it worth going solar in Heron Bay?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
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 larger 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.