Solar Panel Cost Guide in Peachtree Corners, GA (2024 Update)
- Peachtree Corners Solar Installation Cost: $17,759
- 25-Year Savings: $20,861
- Payback Period: 13.5 Years
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Average Cost of Solar Panels in Peachtree Corners
We break down average solar pricing in Peachtree Corners.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Peachtree Corners, the typical cost of solar panels is 4 per watt.The average solar panel system size in Peachtree Corners is around 6.8 kilowatts, meaning a cost of about $17,759 for a solar installation, or $25,395 before the 0 federal solar tax credit is applied.
The true cost of your system can go above or below the average in Peachtree Corners based on a variety of factors, such as the model of solar panels you choose and the solar company you hire.With average savings of about $18,000 on energy bills over 20 years, many homeowners in Peachtree Corners find investing in solar has a decent ROI.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Peachtree Corners
| Year | Return on Investment |
|---|---|
| 1 years | $-16,166 |
| 3 years | $-12,980 |
| 5 years | $-9,793 |
| 7 years | $-6,607 |
| 9 years | $-3,420 |
| 11 years | $-234 |
| 13 years | $2,953 |
| 15 years | $6,139 |
| 17 years | $9,326 |
| 19 years | $12,512 |
| 21 years | $15,698 |
| 23 years | $18,885 |
| 25 years | $22,071 |
Top Solar Installers in Peachtree Corners
DIY solar panel installation is a possibility, but it's an undertaking that can be a pain. Taking advantage of a solar panel installer can make swapping over to solar power much easier. Another great thing about going with a reputable solar installer is that it'll provide warranties and free repairs, which help protect your solar system over time.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Peachtree Corners
Factors that Affect Solar Panel Costs in Peachtree Corners
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few key factors that affect your total cost in Peachtree Corners: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend around $3,740 per kilowatt in Peachtree Corners.There are several different solar panel brands and the one you choose also affects the cost. In general, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you’re looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Peachtree Corners to be too costly, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides access to financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in higher prices over time because of interest.However, the interest on solar loans also adds to your all-in costs, so it’s vital to keep that in mind as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar panel installation company you pick will impact your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.You may come across national solar installers that have lower prices because of their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $12,825 | 14.0 years |
| 8 kW | $3.81 | $21,363 | $17,519 | 13.7 years |
| 10 kW | $3.74 | $26,180 | $22,422 | 13.5 years |
| 12 kW | $3.67 | $30,788 | $27,535 | 13.2 years |
| 14 kW | $3.59 | $35,186 | $32,858 | 12.9 years |
| 16 kW | $3.52 | $39,375 | $38,389 | 12.7 years |
| 18 kW | $3.44 | $43,354 | $44,130 | 12.4 years |
| 20 kW | $3.37 | $47,124 | $50,081 | 12.1 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Peachtree Corners, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Contract: When reading over your solar installer’s contract, ask questions 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.
- Installation Process: When going solar, it’s crucial to maintain an open line of communication with your solar panel installer. See to it that you understand how the installation process will go and the completion timeline.
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Warranty: Warranties that cover replacement parts and repairs over a couple decades are the best you can get in the business, and offering that kind of warranty is one sign of a quality company.
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 Peachtree Corners, GA Solar Cost FAQs
What is the average cost of installing solar panels in Peachtree Corners?
This is a difficult question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $18,700 for a 5-kW system and $37,400 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Peachtree Corners have a net metering program?
Most states offer net metering programs of some kind. Through these, you can either be compensated for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
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 amount of sunlight your roof gets. You can take a 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.