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.
The average cost of solar panels in Peachtree Corners is 4 per watt.Using this figure, a typical 6.8-kW system would cost about $17,759 before the 0 federal solar tax credit is applied.
These figures are only averages, and the cost of going solar for you will vary based on the amount of energy your home requires and what company you go with.With average savings of about $18,000 on power bills over 20 years, many homeowners in Peachtree Corners find going solar can pay off big.
Click the button below to get connected to a vetted solar panel company in Peachtree Corners for a personalized estimate.
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 choice some homeowners opt for, but it's an undertaking that can be a pain. Going with a solar panel installer can make your switch to solar power much easier. Solar companies provide key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
Working with a professional solar installer can help your solar project go smoothly. Here are our recommendations:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Corners
Factors that Affect Solar Panel Costs in Peachtree Corners
Although the average cost of a solar system in Peachtree Corners is $17,759, your actual cost may differ. There are several factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
When it comes to estimating the price of a solar energy system in Peachtree Corners, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy consumption, which you can gauge by looking at past electricity bills. Your total cost can increase by about $3,740 for each additional kilowatt you need.The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your power bills. Additionally, extra products, like solar batteries, can bump up your total well above the Peachtree Corners average.
Solar Financing Terms
Most solar installers in Peachtree Corners have solar loans, which reduce your upfront costs of installing a solar system.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 lower the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar panel installer you select will play a role in your total cost to go solar. Different companies will bill different amounts for the equipment and labor.Additionally, some companies in Peachtree Corners are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save 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 | $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 many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Contract: Before you sign a contract with a solar installer, make sure to read it through carefully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- 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: An all-inclusive, long-term warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Corners, GA Solar Cost FAQs
How much does it cost to install solar panels in Peachtree Corners?
This is a tough question to answer precisely, 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 cost more if you want extra solar equipment or more efficient panels, or if you have above-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.
What other factors should I consider in addition to cost when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Peachtree Corners?
The majority of states have 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 energy 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?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.