Solar Panel Cost Guide in Heron Bay, GA (2023 Update)
- Heron Bay Solar Installation Cost: $11,906
- 25-Year Savings: $19,119
- Payback Period: 9.6 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Heron Bay
We go over average solar pricing in Heron Bay.
The national average cost of solar panels is $2.66 per watt, but in Heron Bay it's 2.55 per watt. The average solar panel system size in Heron Bay is around 6.7 kilowatts, meaning a cost of about $11,906 for a solar installation, or $17,026 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may look quite different based on your household energy needs, the type of solar panels you want to get, your solar contractor and more. With average savings of about $18,000 on power bills over 20 years, many homeowners in Heron Bay find installing solar panels has a decent ROI.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Heron Bay
| Year | Return on Investment |
|---|---|
| 1 years | $-10,665 |
| 3 years | $-8,183 |
| 5 years | $-5,701 |
| 7 years | $-3,219 |
| 9 years | $-737 |
| 11 years | $1,745 |
| 13 years | $4,227 |
| 15 years | $6,709 |
| 17 years | $9,191 |
| 19 years | $11,673 |
| 21 years | $14,155 |
| 23 years | $16,637 |
| 25 years | $19,119 |
Top Solar Installers in Heron Bay
Although you can install solar panels on your own, it involves extra energy and know-how. That's why most homeowners choose to hire a solar panel installer. Plus, if you're unsure what type of solar panels and equipment you need, a solar installer can help you find the right equipment for you after a site survey and consultation.
If you're on the hunt for a solar company in Heron Bay, we've organized 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 Heron Bay
Factors that Affect Solar Panel Costs in Heron Bay
The cost of installing a solar system in Heron Bay can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay about $2,550 per kilowatt in Heron Bay. The brand of solar panels and equipment you get is another factor that will largely affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment goes beyond just the solar panels themselves. You'll also need to think 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 researching a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That's why many Heron Bay homeowners decide to finance their solar panel systems to offset upfront costs. However, the interest on solar loans also adds to your total costs, so it's important to keep that in mind as well. You can always lower the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Heron Bay is the company you choose to install your solar system. Similar to choosing a company to build a deck or pool, for example, there's no shortage of solar installers that provide a range of services for different budgets. The size of the company can sometimes play the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to greater resources and better 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 | $2.65 | $11,138 | $16,758 | 10.0 years |
| 8 kW | $2.60 | $14,566 | $22,629 | 9.8 years |
| 10 kW | $2.55 | $17,850 | $28,643 | 9.6 years |
| 12 kW | $2.50 | $20,992 | $34,800 | 9.4 years |
| 14 kW | $2.45 | $23,990 | $41,100 | 9.2 years |
| 16 kW | $2.40 | $26,846 | $47,543 | 9.0 years |
| 18 kW | $2.35 | $29,560 | $54,128 | 8.8 years |
| 20 kW | $2.29 | $32,130 | $60,856 | 8.6 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: It's important to read your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years most likely provide high-quality solar panel installation and expertise.
- Warranty: If you're worried about the longevity of your solar panels, checking if your company offers a 25-year, all-inclusive warranty can help put you at ease.
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 Heron Bay, GA Solar Cost FAQs
How much does it cost to install solar panels in Heron Bay?
This is a tough question to answer exactly, because the cost depends on a few different factors. Broadly 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 be more expensive if you want other solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Are solar panels free in Heron Bay?
You can't get solar panels for free in Heron Bay. 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.
Can solar panels completely eradicate my energy bills?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $929.86 per year.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home uses 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 house 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.