Solar Panel Cost Guide in Hiram, GA (Oct 2022)

  • Hiram Solar Installation Cost: $12,299
  • 25-Year Savings: $20,715
  • Payback Period: 9.3 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Hiram

Find out what the average cost of solar panels are in Hiram.

Although the national average of solar panels is $2.66 per watt, solar panels in Hiram typically cost about $3. To account for the typical energy usage of the average home in Hiram, most homeowners require a 6.9-kilowatt system. Using the figure above, a solar installation costs about $12,299, or $9,101 after the federal solar tax credit of 30% is applied.

These figures are only estimates, and how much solar costs for you will most likely look different based on the amount of energy your home requires and what company you go with. For most homeowners, the upfront cost of solar is worth paying. On average homeowners in Hiram see about $18,000 in savings on energy bills over 20 years.

Click the button below to get connected to a top solar installer in your area for a customized estimate.

Solar savings over time in Hiram

Year Return on Investment
1 years $-10,978
3 years $-8,337
5 years $-5,696
7 years $-3,055
9 years $-414
11 years $2,227
13 years $4,868
15 years $7,509
17 years $10,151
19 years $12,792
21 years $15,433
23 years $18,074
25 years $20,715

Top Solar Installers in Hiram

Although it's possible to install solar panels yourself, it requires extra energy and know-how. That's one of the reasons most homeowners choose to go with a solar panel installer. Companies can also provide access to various kinds of the best solar panels and help you choose which one will be best for you.

You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some nearby:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Hiram

Factors that Affect Solar Panel Costs in Hiram

Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few key factors that will push your cost above or below the average in Hiram: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.

Solar Equipment Size

The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the main factors is the system size. Solar power systems that have higher efficiency or power generation require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,550. The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra 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 Hiram to be prohibitively steep, even if the investment pays off over time. Fortunately, nearly every solar company in the area offers financing options. Solar loans drastically decrease upfront costs in most cases, but they also lead to a higher cost over time due to interest. Though solar loans make switching to solar energy more accessible for Hiram homeowners, they can also add to the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

The solar company you pick will impact your total cost to make the switch to solar energy. Different companies will charge different amounts for the equipment and labor. The company's size sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater resources and bulk pricing. Smaller local companies might be more costly, but they generally 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 $17,604 9.7 years
8 kW $2.60 $14,566 $23,757 9.5 years
10 kW $2.55 $17,850 $30,053 9.3 years
12 kW $2.50 $20,992 $36,492 9.1 years
14 kW $2.45 $23,990 $43,074 8.9 years
16 kW $2.40 $26,846 $49,799 8.8 years
18 kW $2.35 $29,560 $56,667 8.6 years
20 kW $2.29 $32,130 $63,677 8.4 years

Solar Incentives in Hiram

Name Biomass Sales and Use Tax Exemption
Incentive Amount 100% exemption
More Info Click here

Name Georgia Power - Home Energy Efficiency Improvement Program
Website Visit here
More Info Click here

Name Central Georgia EMC - Residential Energy Efficiency Home Plus Loan Program
Incentive Amount
Website Visit here
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

The solar installer you opt for will impact not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, such as:

  • Warranty: If you care about the durability of your solar panel system, checking your company offers a 25-year, all-inclusive warranty can help put you at ease.
  • Contract: Look through the contract terms thoroughly to make sure you understand how much it will cost, project timeline incentives and warranties.
  • Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like EcoWatch.
  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Even though there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so be sure to take a look at their list of options before deciding.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Hiram, GA Solar Cost FAQs

How much does it cost to install solar panels in Hiram?

The average cost of solar panels in Hiram 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 certain factors like the model 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 definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.

Is it worth going solar in Hiram?

Solar panels can be a beneficial investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already reasonably low, solar panels might not be for you.

How often do you have to replace solar panels?

Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can 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.

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