Solar Panel Cost Guide in Manchester, GA (2023 Update)
- Manchester Solar Installation Cost: $11,925
- 25-Year Savings: $24,362
- Payback Period: 8.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Manchester
Find out what the average cost of solar panel installation is in Manchester.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Manchester, the average cost of a solar system is 2.55 per watt. Since a 6.7-kW system is needed to cover the energy consumption of a typical home in Manchester, the average price of going solar will be about $11,924 after claiming the federal solar tax credit of 30%.
The actual price you pay can be above or below the average in Manchester based on a variety of factors, such as the kind of solar panels you choose and the solar company you hire. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Manchester can save about $21,000 on their electricity bills over 20 years.
You can click the button below to get connected with a top solar company in Manchester that can help you get a more accurate cost estimate for your home.
Solar savings over time in Manchester
| Year | Return on Investment |
|---|---|
| 1 years | $-11,804 |
| 3 years | $-11,562 |
| 5 years | $-11,320 |
| 7 years | $-11,078 |
| 9 years | $-10,836 |
| 11 years | $-10,594 |
| 13 years | $-10,352 |
| 15 years | $-10,110 |
| 17 years | $-9,868 |
| 19 years | $-9,626 |
| 21 years | $-9,384 |
| 23 years | $-9,143 |
| 25 years | $-8,901 |
Top Solar Installers in Manchester
Many homeowners choose to use a solar installation company since figuring out how to install solar panels yourself can be a lot of work. The payback period on an investment in solar panels will vary depending on factors like your location and energy needs, but going with a solar company can shorten that period. Your provider will be able to help you apply for incentives available in your area.
If you'd like to make the switch to solar but still aren't certain which solar system company to go with, here are our suggestions for providers nearby:
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 Manchester
Factors that Affect Solar Panel Costs in Manchester
For many Manchester homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Manchester, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend around $2,550 per kilowatt in Manchester. The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a 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 will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional 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 Manchester to be too expensive, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to a higher cost over time because of interest. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The solar company you select will play a role in your total cost to go solar. Different companies will charge different amounts for the equipment and labor. You may see national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those larger 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 | $21,452 | 8.5 years |
| 8 kW | $2.60 | $14,566 | $28,888 | 8.4 years |
| 10 kW | $2.55 | $17,850 | $36,467 | 8.2 years |
| 12 kW | $2.50 | $20,992 | $44,189 | 8.1 years |
| 14 kW | $2.45 | $23,990 | $52,054 | 7.9 years |
| 16 kW | $2.40 | $26,846 | $60,061 | 7.7 years |
| 18 kW | $2.35 | $29,560 | $68,211 | 7.6 years |
| 20 kW | $2.29 | $32,130 | $76,504 | 7.4 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a challenge, we have some tips to help you, such as:
- Contract: Before you sign a contract with a solar installer, be sure to look it over completely so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to do the job well. Another way you can research your installer's reputation is by reading reviews.
- Solar Panel Brands: The kind of solar panel you'd like to get plays a role in which company you should choose, since different companies have access to different panels.
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the best you can get in the business, and offering that kind of warranty is one mark of a quality company.
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 Manchester, GA Solar Cost FAQs
How much does it cost to install solar panels in Manchester?
This is a hard 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 other solar equipment or more efficient panels, or if you have above-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Manchester?
Leasing solar panels can be an appealing choice, because it typically 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 tax rebates and credits and your home value won't increase. Buying solar panels is a better option if you want to get the most savings.
How will having solar panels impact the value of my home?
Solar panels can increase your property's value remarkably as long as you buy or finance your panels and don't opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
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 higher 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.