Solar Panel Cost Guide in Lawrenceville, GA (Feb 2023)

  • Lawrenceville Solar Installation Cost: $12,102
  • 25-Year Savings: $21,013
  • Payback Period: 9.1 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Lawrenceville

We go over average solar pricing in Lawrenceville.

The national average cost of solar panels is $2.66 per watt, but in Lawrenceville it's $3 per watt. Since a 6.8-kW system is needed to cover the energy costs of a typical home in Lawrenceville, the average price of going solar will be about $12,102 before claiming the federal solar tax credit of 30%.

These figures are just averages, and how much solar costs for you may vary based on the amount of energy your home requires and what company you go with. Even with the large initial cost, the average Lawrenceville homeowner can save around $19,000 on their energy bills over 20 years, which is one of the positives of solar.

Click the button below to get connected to a highly rated solar installer in Lawrenceville for a personalized quote.

Solar savings over time in Lawrenceville

Year Return on Investment
1 years $-10,778
3 years $-8,128
5 years $-5,479
7 years $-2,830
9 years $-181
11 years $2,469
13 years $5,118
15 years $7,767
17 years $10,416
19 years $13,066
21 years $15,715
23 years $18,364
25 years $21,013

Top Solar Installers in Lawrenceville

When making the switch to solar, many homeowners decide to go with a solar installation company since handling can be a time-consuming project. The payback period of solar panels will vary based on factors like your location and energy consumption, but working with a solar company can shorten it. Your provider will be able to help you identify incentives available in your area.

If you'd like to make the switch to solar but still aren't certain which solar company to go with, here are our suggestions for providers near you:

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 Lawrenceville

Factors that Affect Solar Panel Costs in Lawrenceville

For many Lawrenceville homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Lawrenceville, with typical prices between $20,000 to $40,000. There are numerous factors that greatly 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 determines the overall cost of installing solar panels. That's why it's important to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. The brand and type of equipment you get for your solar system can raise or lower 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. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.

Solar Financing Terms

If paying for solar panels in cash is difficult, solar loans are a solid 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. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs considerably.

Solar Panel Installation Company

Lastly, the company you get to install your solar system can influence your pricing. Lawrenceville's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.

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 $18,152 9.5 years
8 kW $2.60 $14,566 $24,488 9.3 years
10 kW $2.55 $17,850 $30,967 9.1 years
12 kW $2.50 $20,992 $37,589 9.0 years
14 kW $2.45 $23,990 $44,354 8.8 years
16 kW $2.40 $26,846 $51,261 8.6 years
18 kW $2.35 $29,560 $58,311 8.4 years
20 kW $2.29 $32,130 $65,504 8.2 years

How to Save on Solar Panels

There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:

  • Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
  • Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years likely provide good-quality solar panel installation and expertise.
  • Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
  • Contract: When looking over your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.

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 Lawrenceville, GA Solar Cost FAQs

What is the average cost of installing solar panels in Lawrenceville?

This is a tough question to answer exactly, because the cost depends on a few different factors. Generally 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 additional solar equipment or more efficient panels, or if you have above-average energy consumption. On the other hand, you can spend less if you choose a smaller solar panel system or less efficient solar panels.

Are solar panels free in Lawrenceville?

You can't get solar panels for free in Lawrenceville. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.

How will installing solar panels impact the value of my home?

Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Lawrenceville is currently $195,071, so you could be looking at a value of about $7,998 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Lawrenceville is a worthwhile investment.

What solar power system size is right for my home?

To figure out what solar panel system size you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.

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