Solar Panel Cost Guide in Kings Bay Base, GA (Mar 2023)
- Kings Bay Base Solar Installation Cost: $10,853
- 25-Year Savings: $25,262
- Payback Period: 7.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Kings Bay Base
We go over average solar pricing in Kings Bay Base.
Although the national average of solar panels is $2.66 per watt, solar panels in Kings Bay Base generally cost around 2.55. Since a 6.1-kW system is needed to cover the energy usage of a typical home in Kings Bay Base, the average price of going solar will be about $10,853 after claiming the federal solar tax credit of 30%.
How much you pay can be above or below the average in Kings Bay Base depending on a few factors, such as the model of solar panels you choose and the solar installer you hire. For many homeowners, the upfront cost of solar power is worth paying. On average Kings Bay Base homeowners see about $23,000 in savings on electricity bills over 20 years.
To get a free estimate from a highly rated solar installation company in Kings Bay Base, you can click the button below.
Solar savings over time in Kings Bay Base
| Year | Return on Investment |
|---|---|
| 1 years | $-9,408 |
| 3 years | $-6,519 |
| 5 years | $-3,630 |
| 7 years | $-741 |
| 9 years | $2,149 |
| 11 years | $5,038 |
| 13 years | $7,927 |
| 15 years | $10,816 |
| 17 years | $13,705 |
| 19 years | $16,594 |
| 21 years | $19,484 |
| 23 years | $22,373 |
| 25 years | $25,262 |
Top Solar Installers in Kings Bay Base
When switching to solar energy, many homeowners prefer to hire a solar installation company since DIY solar panel installation can be a difficult project. Companies can also have access to various kinds of the best solar panels and help you choose which one will be best for your home.
If you'd like to switch to solar energy but still aren't certain which solar installer to go with, here are our suggestions for providers 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 Kings Bay Base
Factors that Affect Solar Panel Costs in Kings Bay Base
For many Kings Bay Base homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Kings Bay Base, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. For that reason, it's important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your power bills. In addition, extra products, such as solar batteries, can bump up your total well above the Kings Bay Base average.
Solar Financing Terms
Most solar companies in Kings Bay Base have solar loans, which reduce the initial cost of installing solar panels. When estimating your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar installer you hire to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout Kings Bay Base, 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 decide on the company that has the products, warranties and services you're looking for and also is 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 | $24,529 | 7.8 years |
| 8 kW | $2.60 | $14,566 | $32,991 | 7.7 years |
| 10 kW | $2.55 | $17,850 | $41,596 | 7.5 years |
| 12 kW | $2.50 | $20,992 | $50,344 | 7.4 years |
| 14 kW | $2.45 | $23,990 | $59,234 | 7.2 years |
| 16 kW | $2.40 | $26,846 | $68,268 | 7.1 years |
| 18 kW | $2.35 | $29,560 | $77,444 | 6.9 years |
| 20 kW | $2.29 | $32,130 | $86,763 | 6.8 years |
How to Save on Solar Panels
Since the kind 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 select the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running for years to come and save you money on repairs and maintenance.
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Even though there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of options before deciding.
- Contract: When reading through your solar company's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
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 Kings Bay Base, GA Solar Cost FAQs
How much does it cost to install solar panels in Kings Bay Base?
This is a difficult question to answer exactly, because the cost depends on many 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 cost more if you want extra solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
Though 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 their energy production will have decreased significantly after that point. You can replace them once you've had 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.