Solar Panel Cost Guide in Hogansville, GA (2023 Update)
- Hogansville Solar Installation Cost: $11,960
- 25-Year Savings: $23,491
- Payback Period: 8.4 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Hogansville
See how much it might cost to go solar in Hogansville.
The national average cost of solar panels is $2.66 per watt, but in Hogansville it's 2.55 per watt. The average solar panel system size in Hogansville is around 6.7 kilowatts, meaning a cost of about $11,960 for a solar installation, or $17,103 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of installing solar panels can vary quite a bit depending on several factors, such as what size system you need, your energy usage and what company you go with. But, after you've paid the upfront cost of installation, the return on investment for most homeowners is usually fruitful, with a net average savings of about $20,000 over 20 years on power bills.
To get a free quote from a top solar installation company in Hogansville, you can click the button below.
Solar savings over time in Hogansville
| Year | Return on Investment |
|---|---|
| 1 years | $-10,541 |
| 3 years | $-7,705 |
| 5 years | $-4,869 |
| 7 years | $-2,033 |
| 9 years | $803 |
| 11 years | $3,639 |
| 13 years | $6,475 |
| 15 years | $9,311 |
| 17 years | $12,147 |
| 19 years | $14,983 |
| 21 years | $17,819 |
| 23 years | $20,655 |
| 25 years | $23,491 |
Top Solar Installers in Hogansville
Installing solar panels yourself can be a time-consuming undertaking, which is why hiring a solar installer is a good option for many homeowners. A solar company can also help save you money in the long run by offering warranties, repairs and part replacements.
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 in Hogansville:
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 Hogansville
Factors that Affect Solar Panel Costs in Hogansville
The cost of installing a solar system in Hogansville can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. For that reason, it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Hogansville, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Hogansville offer solar loans, which reduce your upfront costs of installing solar. When figuring out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The solar installer you hire to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies in Hogansville, and each can charge varying amounts for labor and equipment. 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 come at a higher cost. It's best to do some research and choose a company that has the products, warranties and services you want and also fits within 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 | $20,600 | 8.8 years |
| 8 kW | $2.60 | $14,566 | $27,752 | 8.6 years |
| 10 kW | $2.55 | $17,850 | $35,047 | 8.4 years |
| 12 kW | $2.50 | $20,992 | $42,484 | 8.3 years |
| 14 kW | $2.45 | $23,990 | $50,065 | 8.1 years |
| 16 kW | $2.40 | $26,846 | $57,788 | 7.9 years |
| 18 kW | $2.35 | $29,560 | $65,654 | 7.8 years |
| 20 kW | $2.29 | $32,130 | $73,663 | 7.6 years |
How to Save on Solar Panels
The solar panel company you choose will be a major factor in determining not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should consider, including:
- Contract: When looking through 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: The type of solar panel you need to install plays a role in which installer you should go with, since different companies have different panels.
- Installation Process: Make sure you're on the same page with the installer with regard to how the installation process will go and what you need to do before your solar panel system is installed, such as repairing your electrical system or roof.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panel system running smoothly and save you money on repairs and maintenance.
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 Hogansville, GA Solar Cost FAQs
What is the average cost of installing solar panels in Hogansville?
The average cost of solar panels in Hogansville 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 such as the type of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider apart from cost 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.
Does Hogansville have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can either receive compensation for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires 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.