Solar Panel Cost Guide in Panthersville, GA (2023 Update)
- Panthersville Solar Installation Cost: $12,084
- 25-Year Savings: $23,576
- Payback Period: 8.5 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Panthersville
We go over average solar pricing in Panthersville.
The national average cost of solar panels is $2.66 per watt, but in Panthersville it's 2.55 per watt. Because a 6.8-kW system is needed to cover the energy consumption of a typical home in Panthersville, the average price of going solar will be about $12,084 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The actual cost of making the switch to solar can vary quite a bit based on a few factors, such as how many panels you need, your energy usage and what company you go with. But, once you've paid the upfront cost of installation, the ROI for most homeowners is usually fruitful, with a net average savings of about $20,000 over 20 years on energy bills.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Panthersville
| Year | Return on Investment |
|---|---|
| 1 years | $-10,658 |
| 3 years | $-7,805 |
| 5 years | $-4,952 |
| 7 years | $-2,100 |
| 9 years | $753 |
| 11 years | $3,606 |
| 13 years | $6,459 |
| 15 years | $9,312 |
| 17 years | $12,165 |
| 19 years | $15,018 |
| 21 years | $17,870 |
| 23 years | $20,723 |
| 25 years | $23,576 |
Top Solar Installers in Panthersville
Trying to install solar panels by yourself can be a stressful project, which is why hiring a solar installer is a good option for many homeowners. A solar company can also help save you money over time by providing warranties, repairs and part replacements.
Working with a professional solar installer can make going solar easier. Here are our recommendations:
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 Panthersville
Factors that Affect Solar Panel Costs in Panthersville
For many Panthersville homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Panthersville, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. Because of that, it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use. There are a lot of different solar panel brands and the one you pick also affects the cost. In general, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you're looking 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 Panthersville offer solar loans, which reduce the initial cost of installing solar. When figuring 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 remaining significant cost factor you should consider is the installer you choose. Given the massive popularity of clean energy solutions in Panthersville, you'll have many options to choose from, but each comes at various price points for labor and equipment. You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 companies to choose from in Panthersville, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Contract: When looking over your solar installer'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 component breaking or the company going out of business.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases offer high-quality solar panel installation and expertise.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. Even though there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of options before making your decision.
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 Panthersville, GA Solar Cost FAQs
What is the average cost of installing solar panels in Panthersville?
The average cost of solar panels in Panthersville is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider other than cost when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it's the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Is it worth going solar in Panthersville?
Solar panels can be a beneficial investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already reasonably low, solar panels might not be for you.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and the amount of 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 buy between 20 and 35 panels to cover 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.