Solar Panel Cost Guide in Mountain Park, GA (Mar 2023)
- Mountain Park Solar Installation Cost: $12,102
- 25-Year Savings: $21,210
- Payback Period: 9.1 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Mountain Park
Let's take a look at the average cost of solar in Mountain Park.
In Mountain Park, solar panels cost about 2.55 per watt on average. The average Mountain Park homeowner needs a 6.8-kilowatt system, which would cost about $12,102 with the federal tax credit, or $17,306 before the 30% tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The exact cost of going solar can vary quite a bit based on a few factors, such as what size system you need, your energy usage and what solar installer you go with. But, once you've paid the upfront cost of installation, the ROI for most homeowners is typically rewarding, with a net average savings of about $19,000 over 20 years on energy bills.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Mountain Park
| Year | Return on Investment |
|---|---|
| 1 years | $-10,770 |
| 3 years | $-8,105 |
| 5 years | $-5,440 |
| 7 years | $-2,775 |
| 9 years | $-110 |
| 11 years | $2,555 |
| 13 years | $5,220 |
| 15 years | $7,885 |
| 17 years | $10,550 |
| 19 years | $13,215 |
| 21 years | $15,880 |
| 23 years | $18,545 |
| 25 years | $21,210 |
Top Solar Installers in Mountain Park
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Hiring an installer can make your switch to solar power much easier. Companies can also offer access to various kinds of the best solar panels and help you decide which one will be best for you.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some near you:
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 Mountain Park
Factors that Affect Solar Panel Costs in Mountain Park
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few major factors that affect your total cost in Mountain Park: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,550. 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. However, higher efficiency could save you more in the long run on your electric bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Mountain Park average.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a big investment. That's why many Mountain Park homeowners opt to finance their solar panel systems to make paying for solar more affordable. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar panel installer you choose will play a role in your total cost to go solar. Different companies will bill different amounts for the equipment and labor. The size of the company sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $18,325 | 9.5 years |
| 8 kW | $2.60 | $14,566 | $24,719 | 9.3 years |
| 10 kW | $2.55 | $17,850 | $31,256 | 9.1 years |
| 12 kW | $2.50 | $20,992 | $37,936 | 8.9 years |
| 14 kW | $2.45 | $23,990 | $44,759 | 8.7 years |
| 16 kW | $2.40 | $26,846 | $51,724 | 8.5 years |
| 18 kW | $2.35 | $29,560 | $58,832 | 8.4 years |
| 20 kW | $2.29 | $32,130 | $66,083 | 8.2 years |
How to Save on Solar Panels
There are many companies available in Mountain Park, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Contract: It's important to look over your solar installer's contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
- Installation Process: Make sure you're aligned with the installer in regard to how the installation process will go and what needs to be done before your solar system is installed, such as updating or replacing your electrical system or roof.
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like EcoWatch.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you go with.
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 Mountain Park, GA Solar Cost FAQs
How much does it cost to install solar panels in Mountain Park?
This is a tough question to answer precisely, because the cost depends on many 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 be more expensive if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Mountain Park?
A solar panel system isn't free in Mountain Park, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is it worth going solar in Mountain Park?
Solar panels can be a beneficial investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already fairly low, solar panels might not be for you.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and the amount of 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 get 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.