Solar Panel Cost Guide in Moultrie, GA (2024 Update)
- Moultrie Solar Installation Cost: $16,864
- 25-Year Savings: $23,956
- Payback Period: 11.9 Years
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Average Cost of Solar Panels in Moultrie
Find out how much it might cost to go solar in Moultrie.
While the national average of solar panels is $2.66 per watt, solar panels in Moultrie generally cost around 4.Using this figure, a typical 6.4-kW system would cost about $16,864 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Moultrie homeowner. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.With average savings of about $21,000 on utility bills over 20 years, many homeowners in Moultrie find going solar can pay off big.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Moultrie
| Year | Return on Investment |
|---|---|
| 1 years | $-15,271 |
| 3 years | $-12,085 |
| 5 years | $-8,898 |
| 7 years | $-5,712 |
| 9 years | $-2,525 |
| 11 years | $661 |
| 13 years | $3,848 |
| 15 years | $7,034 |
| 17 years | $10,221 |
| 19 years | $13,407 |
| 21 years | $16,593 |
| 23 years | $19,780 |
| 25 years | $22,966 |
Top Solar Installers in Moultrie
Many homeowners decide to hire a solar installation company since figuring out how to install solar panels by yourself can be hard. Plus, warranties and repairs from your solar panel company can protect your investment and lower the cost of maintenance in the long run.
Working with a vetted solar installer can make going solar easier. Here are our recommendations:
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 Moultrie
Factors that Affect Solar Panel Costs in Moultrie
For many Moultrie homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Moultrie, with typical prices between $20,000 to $40,000. There are various factors that considerably 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 adopting solar energy 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 $3,740 per kilowatt in Moultrie.The type of solar panels and equipment you get is another factor that will largely influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Plus, solar equipment is more than just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are provided by most installers in Moultrie, which can lower, or in some cases eliminate, your upfront costs to make solar more affordable.You’ll have to consider the long-term cost of financing options, including the amount of 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 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
A final factor to consider when trying to estimate the cost of solar for your home or business in Moultrie is the company you hire to install your solar system. As with choosing a company to install new cabinets, for example, there’s no shortage of solar installers that offer a range of services at different price points.Larger national companies typically have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional 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 | $3.89 | $16,336 | $16,687 | 12.4 years |
| 8 kW | $3.81 | $21,363 | $22,668 | 12.1 years |
| 10 kW | $3.74 | $26,180 | $28,859 | 11.9 years |
| 12 kW | $3.67 | $30,788 | $35,259 | 11.7 years |
| 14 kW | $3.59 | $35,186 | $41,869 | 11.4 years |
| 16 kW | $3.52 | $39,375 | $48,688 | 11.2 years |
| 18 kW | $3.44 | $43,354 | $55,716 | 10.9 years |
| 20 kW | $3.37 | $47,124 | $62,954 | 10.7 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can look into your installer’s reputation is by reading reviews.
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Different companies have various brands and models of panels. If you know you want a specific brand, make sure the solar installer you’re considering has it.
- Contract: Though reading through a contract can be tedious, it’s important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
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 Moultrie, GA Solar Cost FAQs
What is the average cost of installing solar panels in Moultrie?
The average cost of solar panels in Moultrie is about $18,700 for a 5-kW system and $37,400 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Moultrie?
You can’t get solar panels for free in Moultrie. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Moultrie?
The majority of states have net metering programs of some kind. Through these, you can be compensated for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you need to know how much energy your home needs 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 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.