Solar Panel Cost Guide in Lagrange, GA (2023 Update)
- Lagrange Solar Installation Cost: $11,960
- 25-Year Savings: $23,616
- Payback Period: 8.4 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Lagrange
Find out what the average cost of solar panels are in Lagrange.
The national average cost of solar panels is $2.66 per watt, but in Lagrange it's 2.55 per watt. The average Lagrange homeowner needs a 6.7-kilowatt system, which would cost about $11,960 with the federal tax credit, or $17,103 before the 30% tax credit is applied.
These figures are only averages, and how much solar costs for you will most likely differ based on your energy needs and what company you want to go with. But, once you've paid the upfront cost of installation, the return on investment for most homeowners is typically good, with a net average savings of about $20,000 over 20 years on utility bills.
You can click the button below to get connected with a vetted solar company in Lagrange for a quote for your home.
Solar savings over time in Lagrange
| Year | Return on Investment |
|---|---|
| 1 years | $-10,536 |
| 3 years | $-7,690 |
| 5 years | $-4,844 |
| 7 years | $-1,998 |
| 9 years | $848 |
| 11 years | $3,694 |
| 13 years | $6,540 |
| 15 years | $9,386 |
| 17 years | $12,232 |
| 19 years | $15,078 |
| 21 years | $17,924 |
| 23 years | $20,770 |
| 25 years | $23,616 |
Top Solar Installers in Lagrange
Many homeowners opt for a solar installer since installing solar panels by yourself can be a labor-intensive endeavor. A solar installer can also help save you money over time by offering warranties, repairs and system component replacements.
If you're looking for a solar installer in Lagrange, we've put together 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 Lagrange
Factors that Affect Solar Panel Costs in Lagrange
Though the average cost of a solar system in Lagrange is $11,960, your final cost may be higher or lower than that. There are several factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation use 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 type of solar panels and equipment you want is another factor that will greatly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Plus, solar equipment goes beyond just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
Most solar installers in Lagrange provide solar loans, which reduce your upfront costs of installing a solar system. However, the interest on solar loans also increases your overall costs, so it's vital to consider that as well. You can always lower the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The final key cost factor you should consider is the installer you choose. Given the massive popularity of green energy solutions in Lagrange, you'll have lots of options to choose from, but each comes at various price points for labor and equipment. Additionally, some companies in Lagrange know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 | $20,711 | 8.7 years |
| 8 kW | $2.60 | $14,566 | $27,900 | 8.6 years |
| 10 kW | $2.55 | $17,850 | $35,232 | 8.4 years |
| 12 kW | $2.50 | $20,992 | $42,707 | 8.2 years |
| 14 kW | $2.45 | $23,990 | $50,324 | 8.1 years |
| 16 kW | $2.40 | $26,846 | $58,085 | 7.9 years |
| 18 kW | $2.35 | $29,560 | $65,988 | 7.7 years |
| 20 kW | $2.29 | $32,130 | $74,034 | 7.6 years |
How to Save on Solar Panels
The solar company you opt for will affect not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, including:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can verify your installer's reputation is by reading reviews.
- Contract: Read the contract terms carefully to make sure you understand the cost breakdown, project timeline incentives and warranties.
- Installation Process: When making the switch to solar power, it's crucial to maintain an open line of communication with your solar panel company. See to it that you understand how the installation process works and the completion timeline.
- Solar Panel Brands: Different companies will carry various brands and kinds of panels. If you want a specific brand, make sure the solar panel installer you're considering has it.
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 Lagrange, GA Solar Cost FAQs
What is the average cost of installing solar panels in Lagrange?
The average cost of solar panels in Lagrange 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 things such as the model of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Lagrange?
Leasing solar panels can be an appealing choice, as it commonly comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better option if you want to maximize your savings.
Can solar panels significantly reduce my electricity bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Lagrange, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.