Solar Panel Cost Guide in Norcross, GA (Sep 2022)

  • Norcross Solar Installation Cost: $12,102
  • 25-Year Savings: $20,874
  • Payback Period: 9.2 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Norcross

Find out what the average cost of installing solar panels is in Norcross.

The average cost of a solar panel system in Norcross is $3 per watt. The average Norcross homeowner needs a 6.8-kilowatt system, which would cost about $12,102, or $8,955 after the federal solar tax credit of 30% is applied.

The true cost of your system can go above or below the average in Norcross based on several factors, such as the type of solar panels you choose and the solar contractor you hire. With typical savings of about $18,000 on electricity bills over 20 years, many homeowners in Norcross find investing in solar has a decent ROI.

Click the button below to get connected to a vetted solar company in your area for a custom estimate.

Solar savings over time in Norcross

Year Return on Investment
1 years $-10,783
3 years $-8,145
5 years $-5,507
7 years $-2,869
9 years $-231
11 years $2,407
13 years $5,045
15 years $7,684
17 years $10,322
19 years $12,960
21 years $15,598
23 years $18,236
25 years $20,874

Top Solar Installers in Norcross

DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Going with a solar company can make swapping over to solar power much easier. The expertise that solar installers provide can be useful as well, particularly if you don't quite know what kind of solar equipment would be right for your home.

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 National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Norcross

Factors that Affect Solar Panel Costs in Norcross

The cost of installing a solar system in Norcross can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar company you choose.

Solar Equipment Size

The size of the solar panel system you need is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,550. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get 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. Additionally, extra products, such as solar batteries, can bump up your total well above the Norcross average.

Solar Financing Terms

If paying for solar panels in cash is out of reach, solar loans are an affordable option because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. 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're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs considerably.

Solar Panel Installation Company

A final consideration when trying to figure out the cost of solar for your home or business in Norcross is the company you hire 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 offer a range of services at different price points. Additionally, some companies in Norcross have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you 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 $2.65 $11,138 $18,029 9.5 years
8 kW $2.60 $14,566 $24,324 9.4 years
10 kW $2.55 $17,850 $30,762 9.2 years
12 kW $2.50 $20,992 $37,343 9.0 years
14 kW $2.45 $23,990 $44,066 8.8 years
16 kW $2.40 $26,846 $50,933 8.6 years
18 kW $2.35 $29,560 $57,942 8.4 years
20 kW $2.29 $32,130 $65,094 8.3 years

Solar Incentives in Norcross

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

Name Jackson EMC - Right Choice Sun Power Rebate Program
Incentive Amount PV: $450/kW-DC
Incentive Max PV: $4,500
Website Visit here
More Info Click here

Name Central Georgia EMC - Residential Energy Efficiency Home Plus Loan Program
Website Visit here
More Info Click here

How to Save on Solar Panels

The solar company you opt for will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should keep in mind, such as:

  • Reputation: Companies that have been in business for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
  • Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
  • Contract: When looking over your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios like a system part breaking or the company going out of business.
  • Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and how long it will take.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Norcross, GA Solar Cost FAQs

What is the average cost of installing solar panels in Norcross?

This is a difficult question to answer precisely, because the cost depends on a variety of 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. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you choose a smaller solar panel system or less efficient solar panels.

Can you get solar panels for free in Norcross?

Solar panels aren't free in Norcross, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.

Do solar panels increase the value of your home?

Solar panels can increase your property's value remarkably as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."

How long do solar panels last in Norcross?

Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can keep using them at a lower efficiency.

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.

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