Solar Panel Cost Guide in North Decatur, GA (2023 Update)
- North Decatur Solar Installation Cost: $12,083
- 25-Year Savings: $23,578
- Payback Period: 8.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in North Decatur
Find out what the average cost of solar panel installation is in North Decatur.
The average cost of solar panels in North Decatur is 2.55 per watt. Because a 6.8-kW system is needed to cover the energy needs of a typical home in North Decatur, the average price of going solar will be about $12,084 after claiming the federal solar tax credit of 30%.
Bear in mind that the figures above are only estimates based on the average North Decatur homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. Even with the high initial cost, the average North Decatur homeowner can save around $20,000 on their energy bills over 20 years, which is one of the perks of solar.
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 North Decatur
| Year | Return on Investment |
|---|---|
| 1 years | $-10,490 |
| 3 years | $-7,303 |
| 5 years | $-4,117 |
| 7 years | $-930 |
| 9 years | $2,256 |
| 11 years | $5,443 |
| 13 years | $8,629 |
| 15 years | $11,816 |
| 17 years | $15,002 |
| 19 years | $18,189 |
| 21 years | $21,375 |
| 23 years | $24,562 |
| 25 years | $27,748 |
Top Solar Installers in North Decatur
Trying to install solar panels by yourself can be a time-consuming undertaking, which is why hiring a solar installation company is a good option for many homeowners. The expertise that solar companies provide can be invaluable as well, especially if you aren't sure what kind of solar equipment would be right for your home.
You can work with a local solar installer to get a free estimate 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
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 North Decatur
Factors that Affect Solar Panel Costs in North Decatur
While the average cost of a solar system in North Decatur is $12,084, your final cost may differ. There are quite a few factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
The size of the solar system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,550. There are several different solar panel brands and the one you choose also affects the cost. Generally, the brands that have better efficiency tend to also be more expensive. Plus, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are available from most installers in North Decatur, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also increases your total costs, so it's crucial to include that in your estimate as well. You can always lower the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The remaining key cost factor you should consider is the installer you choose. Given the massive popularity of sustainable energy solutions in North Decatur, you'll have many options to choose from, but each comes at varying price points for labor and equipment. Additionally, some companies in North Decatur know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. 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 | $20,470 | 8.8 years |
| 8 kW | $2.60 | $14,566 | $27,579 | 8.6 years |
| 10 kW | $2.55 | $17,850 | $34,831 | 8.5 years |
| 12 kW | $2.50 | $20,992 | $42,226 | 8.3 years |
| 14 kW | $2.45 | $23,990 | $49,763 | 8.1 years |
| 16 kW | $2.40 | $26,846 | $57,444 | 8.0 years |
| 18 kW | $2.35 | $29,560 | $65,267 | 7.8 years |
| 20 kW | $2.29 | $32,130 | $73,232 | 7.6 years |
How to Save on Solar Panels
The solar company you choose will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should take into account, such as:
- Contract: Read the contract terms carefully to make sure you understand the cost breakdown, project timeline rebates and warranties.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should secure and how long the project will take.
- Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
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
EcoWatch's North Decatur, GA Solar Cost FAQs
How much does it cost to install solar panels in North Decatur?
This is a difficult question to answer exactly, 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. It will cost more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in North Decatur?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
How much can I save on electricity bills after installing solar panels?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in North Decatur, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average house 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.