Solar Panel Cost Guide in Hinesville, GA (2023 Update)
- Hinesville Solar Installation Cost: $11,121
- 25-Year Savings: $26,495
- Payback Period: 7.4 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Hinesville
Let's have a look at the average cost of solar panels in Hinesville.
The national average cost of solar panels is $2.66 per watt, but in Hinesville it's 2.55 per watt. The average Hinesville homeowner needs a 6.2-kilowatt system, which would cost about $11,121 with the federal tax credit, or $15,903 before the 30% tax credit is applied.
These figures are just averages, and your own solar costs will vary based on the amount of energy your home requires and what company you choose to go with. Many homeowners find going solar is a sound investment. The average homeowner in Hinesville can save around $23,000 on their electricity bills over 20 years.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Hinesville
Year | Return on Investment |
---|---|
1 years | $-9,616 |
3 years | $-6,607 |
5 years | $-3,597 |
7 years | $-588 |
9 years | $2,421 |
11 years | $5,430 |
13 years | $8,440 |
15 years | $11,449 |
17 years | $14,458 |
19 years | $17,467 |
21 years | $20,476 |
23 years | $23,486 |
25 years | $26,495 |
Top Solar Installers in Hinesville
Although you can install solar panels on your own, it requires extra effort and expertise. That's why most homeowners choose to hire a solar panel installer. The expertise that solar companies provide can be helpful as well, particularly if you aren't sure what kind of solar equipment you need.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some near you:
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 Hinesville
Factors that Affect Solar Panel Costs in Hinesville
For many Hinesville homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Hinesville, with typical prices between $20,000 to $40,000. There are several factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay around $2,550 per kilowatt in Hinesville. The type of solar panels and equipment you want is another factor that will substantially impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Plus, solar equipment consists of more than 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 researching a solar system that falls within your budget.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are an affordable option because they decrease your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. When estimating your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Hinesville is the company you get to install your solar system. Similar to choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that offer a range of services for different budgets. Companies that 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 cost more. It's best to do some research and find a company that offers 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 | $25,100 | 7.7 years |
8 kW | $2.60 | $14,566 | $33,753 | 7.5 years |
10 kW | $2.55 | $17,850 | $42,548 | 7.4 years |
12 kW | $2.50 | $20,992 | $51,486 | 7.2 years |
14 kW | $2.45 | $23,990 | $60,566 | 7.1 years |
16 kW | $2.40 | $26,846 | $69,790 | 6.9 years |
18 kW | $2.35 | $29,560 | $79,156 | 6.8 years |
20 kW | $2.29 | $32,130 | $88,665 | 6.6 years |
How to Save on Solar Panels
Since the model of solar panels and the installer 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 things to keep in mind to help with your decision:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. While there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so make sure you ask for their list of offerings before deciding.
- Contract: Though reading through a contract can take a lot of time, it's important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Installation Process: When going solar, it's essential to maintain an open line of communication with your solar panel company. Make sure you understand how the installation process will go and the completion timeline.
- Reputation: Solar panel 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 (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 Hinesville, GA Solar Cost FAQs
How much does it cost to install solar panels in Hinesville?
The average cost of solar panels in Hinesville 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 kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to consider 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.
Can solar panels completely eradicate my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located 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 $1,207.95 per year.
How often do you have to replace solar panels?
Although 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 after having 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.