Solar Panel Cost Guide in Peachtree City, GA (2023 Update)
- Peachtree City Solar Installation Cost: $11,993
- 25-Year Savings: $20,869
- Payback Period: 9.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Peachtree City
Here's how much it might cost to go solar in Peachtree City.
Although the national average of solar panels is $2.66 per watt, solar panels in Peachtree City typically cost about 2.55. Using this figure, a typical 6.7-kW system would cost about $11,995 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy needs, the type of equipment you want to get, your solar contractor and more. But, after you've paid the upfront cost of installation, the payback for most homeowners is typically good, with a net average savings of about $19,000 over 20 years on electricity bills.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Peachtree City
| Year | Return on Investment |
|---|---|
| 1 years | $-11,884 |
| 3 years | $-11,665 |
| 5 years | $-11,446 |
| 7 years | $-11,227 |
| 9 years | $-11,008 |
| 11 years | $-10,788 |
| 13 years | $-10,569 |
| 15 years | $-10,350 |
| 17 years | $-10,131 |
| 19 years | $-9,912 |
| 21 years | $-9,693 |
| 23 years | $-9,474 |
| 25 years | $-9,255 |
Top Solar Installers in Peachtree City
Many homeowners opt for a solar panel company since trying to put up solar panels on your own can be hard. Also, companies with a high reputation that cost more upfront could actually save you money in the long term because of their warranties, repair services and expert design.
You can get a free quote from a local solar installer on the cost of solar panels 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 Peachtree City
Factors that Affect Solar Panel Costs in Peachtree City
For many Peachtree City homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Peachtree City, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production use 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. The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive 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 will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Peachtree City to be too steep, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in paying more over time because of interest. Even though solar loans make adopting solar energy more accessible for Peachtree City homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The last key cost factor you should take into consideration is the installer you choose. Given the massive popularity of green energy solutions in Peachtree City, you'll have plenty of options to choose from, but each comes at various price points for labor and equipment. Additionally, some companies in Peachtree City 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 | $18,207 | 9.5 years |
| 8 kW | $2.60 | $14,566 | $24,561 | 9.3 years |
| 10 kW | $2.55 | $17,850 | $31,059 | 9.1 years |
| 12 kW | $2.50 | $20,992 | $37,699 | 8.9 years |
| 14 kW | $2.45 | $23,990 | $44,482 | 8.8 years |
| 16 kW | $2.40 | $26,846 | $51,408 | 8.6 years |
| 18 kW | $2.35 | $29,560 | $58,476 | 8.4 years |
| 20 kW | $2.29 | $32,130 | $65,688 | 8.2 years |
How to Save on Solar Panels
Since the kind of solar panels and the installer you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Installation Process: Make sure you're aligned with the company with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
- Reputation: Well-established companies likely have a high 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 support, such as part repairs and replacements.
- Contract: It's important to read your solar installer's contract well to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Solar Panel Brands: The type of solar panel you'd like plays a part in which installer you should go with, since different companies have different panels.
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 Peachtree City, GA Solar Cost FAQs
How much does it cost to install solar panels in Peachtree City?
This is a hard question to answer precisely, because the cost depends on a few different 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 additional solar equipment or higher quality panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
What other factors should I consider other than cost when buying solar panels?
The initial cost is a very important factor to consider, but whether it's the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Does Peachtree City have a net metering program?
Most states offer net metering programs of some kind. Through these, you can be compensated for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.