Solar Panel Cost Guide in North Druid Hills, GA (Jan 2023)
- North Druid Hills Solar Installation Cost: $12,084
- 25-Year Savings: $23,576
- Payback Period: 8.5 Years
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Top Solar Installers in North Druid Hills
Many homeowners choose to hire a solar panel installer since figuring out how to install solar panels on your own can be a labor-intensive endeavor. The expertise that solar installers provide can be helpful as well, especially if you don't quite know what kind of solar equipment you need.
If you'd like to switch to solar energy but still aren't sure which solar system installer to go with, here are our suggestions for providers in North Druid Hills:
See all of the solar companies in North Druid Hills
Factors that Affect Solar Panel Costs in North Druid Hills
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that determine your overall cost in North Druid Hills: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with better 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. There are a lot of different solar panel brands and the one you choose also changes the cost. Generally speaking, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in North Druid Hills have solar loans, which reduce your upfront costs of installing solar. You'll have to consider the long-term cost of financing options, including the total 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 original cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The last key cost factor you should keep in mind is the installer you choose. Given the massive popularity of renewable energy solutions in North Druid Hills, you'll have many options to choose from, but each comes at different price points for labor and equipment. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and choose a company that provides the products, warranties and services you're looking for 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||$20,470||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
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Contract: Even though reading through a contract can take a lot of time, it's important to do it carefully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panel system running for years to come and save you money on part replacement and repairs.
- Solar Panel Brands: Different companies will carry various brands and models of panels. If you know you want a specific brand, make sure the solar panel company you're considering has it.
EcoWatch's North Druid Hills, GA Solar Cost FAQs
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.