Solar Panel Cost Guide in Morrow, GA (Mar 2023)
- Morrow Solar Installation Cost: $11,995
- 25-Year Savings: $23,665
- Payback Period: 8.4 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated March 14, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Morrow
Let's take a look at the average cost of solar panels in Morrow.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Morrow, the average cost of solar panels is 2.55 per watt. Using this figure, a typical 6.7-kW system would cost about $11,995 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of installing solar panels can vary quite a bit based on multiple factors, such as what size system you need, your energy usage and what company you go with. Many homeowners find installing solar panels is a fruitful investment. The average homeowner in Morrow can save about $20,000 on their electricity bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Morrow that can help you get a more accurate cost estimate for your home.
Solar savings over time in Morrow
| Year | Return on Investment |
|---|---|
| 1 years | $-10,569 |
| 3 years | $-7,716 |
| 5 years | $-4,863 |
| 7 years | $-2,010 |
| 9 years | $843 |
| 11 years | $3,695 |
| 13 years | $6,548 |
| 15 years | $9,401 |
| 17 years | $12,254 |
| 19 years | $15,107 |
| 21 years | $17,960 |
| 23 years | $20,812 |
| 25 years | $23,665 |
Top Solar Installers in Morrow
When switching to solar energy, many homeowners choose to go with a solar company since overseeing your solar installation yourself can be a difficult project. Plus, if you're unsure what brand of solar panels and equipment you need, a solar expert can help you figure that out after a site survey and consultation.
If you're searching for a solar company in Morrow, we've compiled 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 (coming 2022)
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 Morrow
Factors that Affect Solar Panel Costs in Morrow
Even though the average cost of a solar system in Morrow is $11,995, your final cost may differ. There are many factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to consider.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay around $2,550 per kilowatt in Morrow. There are several different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that have better efficiency tend to also cost more. Plus, 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
Solar panels can save you money on power bills over time, but they can also be a significant investment. That's why many Morrow homeowners choose to finance their solar panel systems to offset upfront costs. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
Finally, the company you choose to install your solar system can influence how much it costs. Morrow's solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and go with the company that provides the products, warranties and services you want and also is within your budget.
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 | $20,704 | 8.7 years |
| 8 kW | $2.60 | $14,566 | $27,891 | 8.6 years |
| 10 kW | $2.55 | $17,850 | $35,221 | 8.4 years |
| 12 kW | $2.50 | $20,992 | $42,694 | 8.2 years |
| 14 kW | $2.45 | $23,990 | $50,309 | 8.1 years |
| 16 kW | $2.40 | $26,846 | $58,068 | 7.9 years |
| 18 kW | $2.35 | $29,560 | $65,969 | 7.7 years |
| 20 kW | $2.29 | $32,130 | $74,013 | 7.6 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. Even though there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of offerings before deciding.
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running smoothly and save you money on repairs and maintenance.
- 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 good reputation and is qualified to install your solar system. Another way you can look into your installer's reputation is by reading reviews.
- Contract: It's important to read through your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Morrow, GA Solar Cost FAQs
How much does it cost to install solar panels in Morrow?
This is a tough question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Morrow?
A solar panel system isn't free in Morrow, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is going solar worth it?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.