Solar Panel Cost Guide in Panthersville, GA (2024 Update)
- Panthersville Solar Installation Cost: $17,721
- 25-Year Savings: $23,578
- Payback Period: 12.4 Years
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Average Cost of Solar Panels in Panthersville
Here’s how much it might cost to switch to solar power in Panthersville.
The average cost of a solar system in Panthersville is 4 per watt.Because a 6.8-kW system is needed to cover the energy usage of a typical home in Panthersville, the average price of going solar will be about $17,721 after claiming the federal solar tax credit of 0.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy needs, the type of solar system you choose, your solar contractor and more.With average savings of about $20,000 on power bills over 20 years, many homeowners in Panthersville find investing in solar can be quite rewarding.
To receive a free estimate from a vetted solar installation company in Panthersville, you can click the button below.
Solar savings over time in Panthersville
| Year | Return on Investment |
|---|---|
| 1 years | $-16,128 |
| 3 years | $-12,942 |
| 5 years | $-9,755 |
| 7 years | $-6,569 |
| 9 years | $-3,382 |
| 11 years | $-196 |
| 13 years | $2,991 |
| 15 years | $6,177 |
| 17 years | $9,364 |
| 19 years | $12,550 |
| 21 years | $15,736 |
| 23 years | $18,923 |
| 25 years | $22,109 |
Top Solar Installers in Panthersville
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Using a solar panel installer can make swapping over to solar power much easier. Solar warranties and repairs are often included in the cost of installation when you hire a solar company as well, which can save you more money after your initial investment.
If you’d like to go solar but still aren’t sure which solar panel installer to go with, here are our suggestions for providers 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
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 Panthersville
Factors that Affect Solar Panel Costs in Panthersville
The cost of installing a solar system in Panthersville can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, 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 nearly $3,740. The brand and type of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Panthersville to be prohibitively costly, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides access to financing options. Solar loans substantially decrease upfront costs in most cases, but they also lead to paying more over time because of interest.However, the interest on solar loans also increases your all-in costs, so it’s vital to include that in your estimate as well. You can always bring down the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you hire to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Panthersville, and each can charge different amounts for labor and equipment.Larger national companies generally have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle 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 | $15,272 | 12.9 years |
| 8 kW | $3.81 | $21,363 | $20,782 | 12.7 years |
| 10 kW | $3.74 | $26,180 | $26,501 | 12.4 years |
| 12 kW | $3.67 | $30,788 | $32,430 | 12.2 years |
| 14 kW | $3.59 | $35,186 | $38,568 | 11.9 years |
| 16 kW | $3.52 | $39,375 | $44,915 | 11.7 years |
| 18 kW | $3.44 | $43,354 | $51,472 | 11.4 years |
| 20 kW | $3.37 | $47,124 | $58,238 | 11.2 years |
How to Save on Solar Panels
There are a lot of companies available in Panthersville, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years likely offer high-quality solar panel installation and expertise.
- Warranty: If you’re concerned about the endurance of your solar energy system, making sure your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: When making the switch to solar, it’s important to keep an open line of communication with your solar company. Confirm that you understand how the installation process works and the project completion timeline.
- Contract: When reading through your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios like a system part breaking or the company going out of business.
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 Panthersville, GA Solar Cost FAQs
How much does it cost to install solar panels in Panthersville?
The average cost of solar panels in Panthersville is about $18,700 for a 5-kW system and $37,400 for a 10-kW system before the ITC, but the real 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 consume.
Are solar panels free in Panthersville?
Solar panels aren’t free in Panthersville, 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 you can take advantage of.
Is it worth going solar in Panthersville?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can 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 install 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.