Solar Panel Cost Guide in Monroe, GA (Jan 2023)
- Monroe Solar Installation Cost: $11,977
- 25-Year Savings: $21,382
- Payback Period: 9.0 Years
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Top Solar Installers in Monroe
Many homeowners choose to use a solar installation company since figuring out how to install solar panels yourself can be challenging. A solar installer can also help save you money over time by offering warranties, repairs and system component replacements.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
See all of the solar companies in Monroe
Factors that Affect Solar Panel Costs in Monroe
There are several criteria that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay around $2,550 per kilowatt in Monroe. 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 opt for 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 in the long run on your power bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Monroe average.
Solar Financing Terms
Most solar companies in Monroe have solar loans, which reduce the initial cost of installing a solar system. While solar loans make switching to solar energy more accessible for Monroe homeowners, they can also add to the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Monroe is the company you get to install your solar system. Similar to choosing a company to renovate your kitchen, for instance, you'll have many options for solar installers that provide a range of services for different budgets. You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk 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||$18,691||9.3 years|
|8 kW||$2.60||$14,566||$25,207||9.2 years|
|10 kW||$2.55||$17,850||$31,865||9.0 years|
|12 kW||$2.50||$20,992||$38,667||8.8 years|
|14 kW||$2.45||$23,990||$45,611||8.6 years|
|16 kW||$2.40||$26,846||$52,698||8.4 years|
|18 kW||$2.35||$29,560||$59,928||8.3 years|
|20 kW||$2.29||$32,130||$67,301||8.1 years|
How to Save on Solar Panels
There are many companies to choose from in Monroe, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Reputation: Your solar installer should have a solid reputation as a company and have demonstrated expertise in the field. A couple of 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 positive reviews from past customers.
- Installation Process: When going solar, it's crucial to maintain an open line of communication with your solar company. See to it that you understand how the installation process will go and the project completion timeline.
- Solar Panel Brands: The kind of solar panel you'd like to install plays a role in which installer you should choose, since different companies have different panels.
EcoWatch's Monroe, GA Solar Cost FAQs
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.