Solar Panel Cost Guide in Milledgeville, GA (2024 Update)
- Milledgeville Solar Installation Cost: $17,205
- 25-Year Savings: $22,626
- Payback Period: 12.0 Years
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Average Cost of Solar Panels in Milledgeville
Let’s have a look at the average cost of solar in Milledgeville.
While the national average of solar panels is $2.66 per watt, solar panels in Milledgeville generally cost about 4.Because a 6.6-kW system is needed to cover the energy usage of a typical home in Milledgeville, the average price of going solar will be about $17,205 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average energy use of Milledgeville homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.Many homeowners find going solar is a rewarding investment. The average homeowner in Milledgeville can save around $21,000 on their electricity bills over 20 years.
You can click the button below to get connected with a pre-vetted solar installer in Milledgeville that can help you get a more accurate cost estimate for your home.
Solar savings over time in Milledgeville
| Year | Return on Investment |
|---|---|
| 1 years | $-15,612 |
| 3 years | $-12,425 |
| 5 years | $-9,239 |
| 7 years | $-6,052 |
| 9 years | $-2,866 |
| 11 years | $321 |
| 13 years | $3,507 |
| 15 years | $6,694 |
| 17 years | $9,880 |
| 19 years | $13,067 |
| 21 years | $16,253 |
| 23 years | $19,439 |
| 25 years | $22,626 |
Top Solar Installers in Milledgeville
DIY solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Using a solar panel installer can make your switch to solar power much easier. Plus, warranties and repairs from your solar panel installer can protect your investment and lower the cost of maintenance over time.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
See all of the solar companies in Milledgeville
Factors that Affect Solar Panel Costs in Milledgeville
For many Milledgeville homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Milledgeville, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar panel system in Milledgeville, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can gauge by looking at past energy bills. Your total cost can increase by around $3,740 for each additional kilowatt you need.There are several different solar panel brands and the one you choose also affects the cost. In many cases, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Milledgeville provide solar loans, which reduce your upfront costs of installing solar panels.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The solar installer you go with to handle your switch to solar energy can play a part in your total costs. There are about 3 solar panel companies in Milledgeville, and each can charge different amounts for labor and equipment.Additionally, some companies in Milledgeville have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, 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 | $3.89 | $16,336 | $16,255 | 12.5 years |
| 8 kW | $3.81 | $21,363 | $22,092 | 12.3 years |
| 10 kW | $3.74 | $26,180 | $28,139 | 12.0 years |
| 12 kW | $3.67 | $30,788 | $34,395 | 11.8 years |
| 14 kW | $3.59 | $35,186 | $40,860 | 11.6 years |
| 16 kW | $3.52 | $39,375 | $47,535 | 11.3 years |
| 18 kW | $3.44 | $43,354 | $54,420 | 11.1 years |
| 20 kW | $3.37 | $47,124 | $61,514 | 10.8 years |
How to Save on Solar Panels
The solar panel company you choose will be a major factor in determining 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 a few important things you should keep in mind, including:
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years likely offer high-quality solar panel installation and expertise.
- Installation Process: Make sure you’re on the same page with the installer regarding how the installation process will go and what you need to do before your solar panel system is installed, such as updating or replacing your electrical system or roof.
- Warranty: Warranties that provide coverage for replacement parts and repairs over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one indication of a good 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
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
EcoWatch's Milledgeville, GA Solar Cost FAQs
How much does it cost to install solar panels in Milledgeville?
This is a hard question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $18,700 for a 5-kW system and $37,400 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Milledgeville?
You can’t get solar panels for free in Milledgeville. 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.
Can solar panels completely eradicate my energy bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Milledgeville, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
To figure out how many solar panels 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 household 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.